XML 91 R79.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidating Financial Information - Condensed Consolidating Balance Sheet (Details) - USD ($)
$ in Millions
Mar. 31, 2019
Jan. 01, 2019
Dec. 31, 2018
Mar. 31, 2018
Dec. 31, 2017
Current Assets:          
Cash and Cash Equivalents $ 860   $ 801 $ 837  
Accounts Receivable, net 2,446   2,030    
Accounts Receivable From Affiliates 0   0    
Inventories 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 1,864 $ 1,854 1,847    
Other Assets 1,160   1,136    
Investments in Subsidiaries 0   0    
Operating Lease Right-of-Use Assets 862 882 0    
Property, Plant and Equipment, less Accumulated Depreciation 7,196 7,243 7,259    
Total Assets 18,273   16,872    
Current Liabilities:          
Accounts Payable — Trade 2,737   2,920    
Accounts Payable to Affiliates 0   0    
Compensation and Benefits 492   471    
Other Current Liabilities 694   737    
Notes Payable and Overdrafts 495   410    
Operating Lease Liabilities due Within One Year 203 204 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 667 684 0    
Long Term Debt and Finance Leases 5,545 5,124 5,110    
Compensation and Benefits 1,299   1,345    
Deferred Income Taxes 94   95    
Other Long Term Liabilities 550 $ 465 471    
Total Liabilities 13,242   11,802    
Commitments and Contingent Liabilities      
Goodyear Shareholders’ Equity:          
Common Stock 232   232    
Other Equity 4,576   4,632    
Goodyear Shareholders’ Equity 4,808   4,864    
Minority Shareholders’ Equity — Nonredeemable 223   206    
Total Shareholders’ Equity 5,031   5,070 $ 4,962 $ 4,850
Total Liabilities and Shareholders’ Equity 18,273   16,872    
Reportable Legal Entities | Parent Company          
Current Assets:          
Cash and Cash Equivalents 189   127    
Accounts Receivable, net 721   672    
Accounts Receivable From Affiliates 337   294    
Inventories 1,511   1,425    
Prepaid Expenses and Other Current Assets 74   76    
Total Current Assets 2,832   2,594    
Goodwill 24   24    
Intangible Assets 117   117    
Deferred Income Taxes 1,452   1,422    
Other Assets 515   524    
Investments in Subsidiaries 3,776   3,758    
Operating Lease Right-of-Use Assets 568   0    
Property, Plant and Equipment, less Accumulated Depreciation 2,459   2,482    
Total Assets 11,743   10,921    
Current Liabilities:          
Accounts Payable — Trade 909   960    
Accounts Payable to Affiliates 0   0    
Compensation and Benefits 284   286    
Other Current Liabilities 302   310    
Notes Payable and Overdrafts 55   25    
Operating Lease Liabilities due Within One Year 110   0    
Long Term Debt and Finance Leases due Within One Year (Notes 8 and 9) 1   2    
Total Current Liabilities 1,661   1,583    
Operating Lease Liabilities 466   0    
Long Term Debt and Finance Leases 3,918   3,550    
Compensation and Benefits 541   569    
Deferred Income Taxes 0   0    
Other Long Term Liabilities 349   355    
Total Liabilities 6,935   6,057    
Commitments and Contingent Liabilities      
Goodyear Shareholders’ Equity:          
Common Stock 232   232    
Other Equity 4,576   4,632    
Goodyear Shareholders’ Equity 4,808   4,864    
Minority Shareholders’ Equity — Nonredeemable 0   0    
Total Shareholders’ Equity 4,808   4,864    
Total Liabilities and Shareholders’ Equity 11,743   10,921    
Reportable Legal Entities | Guarantor Subsidiaries          
Current Assets:          
Cash and Cash Equivalents 26   30    
Accounts Receivable, net 123   110    
Accounts Receivable From Affiliates 258   280    
Inventories 66   71    
Prepaid Expenses and Other Current Assets 2   3    
Total Current Assets 475   494    
Goodwill 1   1    
Intangible Assets 0   0    
Deferred Income Taxes 27   27    
Other Assets 50   48    
Investments in Subsidiaries 436   445    
Operating Lease Right-of-Use Assets 14   0    
Property, Plant and Equipment, less Accumulated Depreciation 429   430    
Total Assets 1,432   1,445    
Current Liabilities:          
Accounts Payable — Trade 118   131    
Accounts Payable to Affiliates 0   0    
Compensation and Benefits 15   14    
Other Current Liabilities (6)   (4)    
Notes Payable and Overdrafts 0   0    
Operating Lease Liabilities due Within One Year 4   0    
Long Term Debt and Finance Leases due Within One Year (Notes 8 and 9) 0   0    
Total Current Liabilities 131   141    
Operating Lease Liabilities 10   0    
Long Term Debt and Finance Leases 167   167    
Compensation and Benefits 93   93    
Deferred Income Taxes 0   0    
Other Long Term Liabilities 8   8    
Total Liabilities 409   409    
Commitments and Contingent Liabilities      
Goodyear Shareholders’ Equity:          
Common Stock 0   0    
Other Equity 1,023   1,036    
Goodyear Shareholders’ Equity 1,023   1,036    
Minority Shareholders’ Equity — Nonredeemable 0   0    
Total Shareholders’ Equity 1,023   1,036    
Total Liabilities and Shareholders’ Equity 1,432   1,445    
Reportable Legal Entities | Non-Guarantor Subsidiaries          
Current Assets:          
Cash and Cash Equivalents 645   644    
Accounts Receivable, net 1,602   1,248    
Accounts Receivable From Affiliates 0   0    
Inventories 1,395   1,387    
Prepaid Expenses and Other Current Assets 164   155    
Total Current Assets 3,806   3,434    
Goodwill 416   420    
Intangible Assets 19   19    
Deferred Income Taxes 382   395    
Other Assets 595   564    
Investments in Subsidiaries 0   0    
Operating Lease Right-of-Use Assets 280   0    
Property, Plant and Equipment, less Accumulated Depreciation 4,333   4,371    
Total Assets 9,831   9,203    
Current Liabilities:          
Accounts Payable — Trade 1,710   1,829    
Accounts Payable to Affiliates 595   574    
Compensation and Benefits 193   171    
Other Current Liabilities 398   431    
Notes Payable and Overdrafts 440   385    
Operating Lease Liabilities due Within One Year 89   0    
Long Term Debt and Finance Leases due Within One Year (Notes 8 and 9) 465   241    
Total Current Liabilities 3,890   3,631    
Operating Lease Liabilities 191   0    
Long Term Debt and Finance Leases 1,460   1,393    
Compensation and Benefits 665   683    
Deferred Income Taxes 94   95    
Other Long Term Liabilities 193   108    
Total Liabilities 6,493   5,910    
Commitments and Contingent Liabilities      
Goodyear Shareholders’ Equity:          
Common Stock 0   0    
Other Equity 3,115   3,087    
Goodyear Shareholders’ Equity 3,115   3,087    
Minority Shareholders’ Equity — Nonredeemable 223   206    
Total Shareholders’ Equity 3,338   3,293    
Total Liabilities and Shareholders’ Equity 9,831   9,203    
Consolidating Entries and Eliminations          
Current Assets:          
Cash and Cash Equivalents 0   0    
Accounts Receivable, net 0   0    
Accounts Receivable From Affiliates (595)   (574)    
Inventories (32)   (27)    
Prepaid Expenses and Other Current Assets 6   4    
Total Current Assets (621)   (597)    
Goodwill 122   124    
Intangible Assets 0   0    
Deferred Income Taxes 3   3    
Other Assets 0   0    
Investments in Subsidiaries (4,212)   (4,203)    
Operating Lease Right-of-Use Assets 0   0    
Property, Plant and Equipment, less Accumulated Depreciation (25)   (24)    
Total Assets (4,733)   (4,697)    
Current Liabilities:          
Accounts Payable — Trade 0   0    
Accounts Payable to Affiliates (595)   (574)    
Compensation and Benefits 0   0    
Other Current Liabilities 0   0    
Notes Payable and Overdrafts 0   0    
Operating Lease Liabilities due Within One Year 0   0    
Long Term Debt and Finance Leases due Within One Year (Notes 8 and 9) 0   0    
Total Current Liabilities (595)   (574)    
Operating Lease Liabilities 0   0    
Long Term Debt and Finance Leases 0   0    
Compensation and Benefits 0   0    
Deferred Income Taxes 0   0    
Other Long Term Liabilities 0   0    
Total Liabilities (595)   (574)    
Commitments and Contingent Liabilities      
Goodyear Shareholders’ Equity:          
Common Stock 0   0    
Other Equity (4,138)   (4,123)    
Goodyear Shareholders’ Equity (4,138)   (4,123)    
Minority Shareholders’ Equity — Nonredeemable 0   0    
Total Shareholders’ Equity (4,138)   (4,123)    
Total Liabilities and Shareholders’ Equity $ (4,733)   $ (4,697)