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Net Sales (Tables)
6 Months Ended
Jun. 30, 2021
Revenue From Contract With Customer [Abstract]  
Disaggregated Net Sales From Contracts with Customers

The following tables show disaggregated net sales from contracts with customers by major source:

 

 

 

Three Months Ended June 30, 2021

 

 

 

 

 

 

Europe, Middle East

 

 

 

 

 

 

 

(In millions)

 

Americas

 

 

and Africa

 

 

Asia Pacific

 

 

Total

 

Tire unit sales

 

$

1,777

 

 

$

1,085

 

 

$

455

 

 

$

3,317

 

Other tire and related sales

 

 

170

 

 

 

114

 

 

 

22

 

 

 

306

 

Retail services and service related sales

 

 

155

 

 

 

29

 

 

 

15

 

 

 

199

 

Chemical sales

 

 

149

 

 

 

 

 

 

 

 

 

149

 

Other

 

 

5

 

 

 

2

 

 

 

1

 

 

 

8

 

Net Sales by reportable segment

 

$

2,256

 

 

$

1,230

 

 

$

493

 

 

$

3,979

 

 

 

 

 

Three Months Ended June 30, 2020

 

 

 

 

 

 

Europe, Middle East

 

 

 

 

 

 

 

(In millions)

 

Americas

 

 

and Africa

 

 

Asia Pacific

 

 

Total

 

Tire unit sales

 

$

835

 

 

$

595

 

 

$

304

 

 

$

1,734

 

Other tire and related sales

 

 

118

 

 

 

63

 

 

 

14

 

 

 

195

 

Retail services and service related sales

 

 

128

 

 

 

17

 

 

 

16

 

 

 

161

 

Chemical sales

 

 

49

 

 

 

 

 

 

 

 

 

49

 

Other

 

 

4

 

 

 

1

 

 

 

 

 

 

5

 

Net Sales by reportable segment

 

$

1,134

 

 

$

676

 

 

$

334

 

 

$

2,144

 

 

 

 

Six Months Ended June 30, 2021

 

 

 

 

 

 

Europe, Middle East

 

 

 

 

 

 

 

(In millions)

 

Americas

 

 

and Africa

 

 

Asia Pacific

 

 

Total

 

Tire unit sales

 

$

3,171

 

 

$

2,207

 

 

$

909

 

 

$

6,287

 

Other tire and related sales

 

 

310

 

 

 

193

 

 

 

44

 

 

 

547

 

Retail services and service related sales

 

 

291

 

 

 

57

 

 

 

31

 

 

 

379

 

Chemical sales

 

 

262

 

 

 

 

 

 

 

 

 

262

 

Other

 

 

9

 

 

 

4

 

 

 

2

 

 

 

15

 

Net Sales by reportable segment

 

$

4,043

 

 

$

2,461

 

 

$

986

 

 

$

7,490

 

 

 

 

Six Months Ended June 30, 2020

 

 

 

 

 

 

Europe, Middle East

 

 

 

 

 

 

 

(In millions)

 

Americas

 

 

and Africa

 

 

Asia Pacific

 

 

Total

 

Tire unit sales

 

$

2,141

 

 

$

1,499

 

 

$

647

 

 

$

4,287

 

Other tire and related sales

 

 

260

 

 

 

135

 

 

 

46

 

 

 

441

 

Retail services and service related sales

 

 

261

 

 

 

35

 

 

 

28

 

 

 

324

 

Chemical sales

 

 

140

 

 

 

 

 

 

 

 

 

140

 

Other

 

 

5

 

 

 

2

 

 

 

1

 

 

 

8

 

Net Sales by reportable segment

 

$

2,807

 

 

$

1,671

 

 

$

722

 

 

$

5,200

 

Balance and Changes in Deferred Revenue Related to Contracts with Customers

The following table presents the balance of deferred revenue related to contracts with customers, and changes during the six months ended June 30, 2021:

 

 

 

 

(In millions)

 

 

 

Balance at December 31, 2020

 

$

50

 

Revenue deferred during period

 

 

71

 

Revenue recognized during period

 

 

(76

)

Impact of foreign currency translation

 

 

 

Balance at June 30, 2021

 

$

45