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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash and Cash Equivalents $ 860 $ 801
Accounts Receivable, less Allowance — $115 ($113 in 2018) 2,446 2,030
Inventories:    
Raw Materials 549 569
Work in Process 161 152
Finished Products 2,230 2,135
Total Inventory 2,940 2,856
Prepaid Expenses and Other Current Assets 246 238
Total Current Assets 6,492 5,925
Goodwill 563 569
Intangible Assets 136 136
Deferred Income Taxes (Note 5) 1,864 1,847
Other Assets 1,160 1,136
Operating Lease Right-of-Use Assets (Note 8) 862 0
Property, Plant and Equipment, less Accumulated Depreciation — $10,285 ($10,161 in 2018) 7,196 7,259
Total Assets 18,273 16,872
Current Liabilities:    
Accounts Payable — Trade 2,737 2,920
Compensation and Benefits (Notes 11 and 12) 492 471
Other Current Liabilities 694 737
Notes Payable and Overdrafts (Note 9) 495 410
Operating Lease Liabilities due Within One Year (Note 8) 203 0
Long Term Debt and Finance Leases due Within One Year (Notes 8 and 9) 466 243
Total Current Liabilities 5,087 4,781
Operating Lease Liabilities (Note 8) 667 0
Long Term Debt and Finance Leases (Notes 8 and 9) 5,545 5,110
Compensation and Benefits (Notes 11 and 12) 1,299 1,345
Deferred Income Taxes (Note 5) 94 95
Other Long Term Liabilities 550 471
Total Liabilities 13,242 11,802
Commitments and Contingent Liabilities (Note 13)
Common Stock, no par value:    
Authorized, 450 million shares, Outstanding shares — 232 million in 2019 and 2018 232 232
Capital Surplus 2,114 2,111
Retained Earnings 6,476 6,597
Accumulated Other Comprehensive Loss (4,014) (4,076)
Goodyear Shareholders’ Equity 4,808 4,864
Minority Shareholders’ Equity — Nonredeemable 223 206
Total Shareholders’ Equity 5,031 5,070
Total Liabilities and Shareholders’ Equity $ 18,273 $ 16,872