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Net Sales (Tables)
9 Months Ended
Sep. 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 September 30, 2021

 

 

 

 

 

 

Europe, Middle East

 

 

 

 

 

 

 

(In millions)

 

Americas

 

 

and Africa

 

 

Asia Pacific

 

 

Total

 

Tire unit sales

 

$

2,474

 

 

$

1,244

 

 

$

530

 

 

$

4,248

 

Other tire and related sales

 

 

174

 

 

 

122

 

 

 

25

 

 

 

321

 

Retail services and service related sales

 

 

153

 

 

 

30

 

 

 

15

 

 

 

198

 

Chemical sales

 

 

161

 

 

 

 

 

 

 

 

 

161

 

Other

 

 

5

 

 

 

1

 

 

 

 

 

 

6

 

Net Sales by reportable segment

 

$

2,967

 

 

$

1,397

 

 

$

570

 

 

$

4,934

 

 

 

 

 

Three Months Ended September 30, 2020

 

 

 

 

 

 

Europe, Middle East

 

 

 

 

 

 

 

(In millions)

 

Americas

 

 

and Africa

 

 

Asia Pacific

 

 

Total

 

Tire unit sales

 

$

1,443

 

 

$

1,051

 

 

$

450

 

 

$

2,944

 

Other tire and related sales

 

 

149

 

 

 

76

 

 

 

29

 

 

 

254

 

Retail services and service related sales

 

 

146

 

 

 

28

 

 

 

6

 

 

 

180

 

Chemical sales

 

 

80

 

 

 

 

 

 

 

 

 

80

 

Other

 

 

5

 

 

 

1

 

 

 

1

 

 

 

7

 

Net Sales by reportable segment

 

$

1,823

 

 

$

1,156

 

 

$

486

 

 

$

3,465

 

 

 

 

Nine Months Ended September 30, 2021

 

 

 

 

 

 

Europe, Middle East

 

 

 

 

 

 

 

(In millions)

 

Americas

 

 

and Africa

 

 

Asia Pacific

 

 

Total

 

Tire unit sales

 

$

5,645

 

 

$

3,451

 

 

$

1,439

 

 

$

10,535

 

Other tire and related sales

 

 

484

 

 

 

315

 

 

 

69

 

 

 

868

 

Retail services and service related sales

 

 

444

 

 

 

87

 

 

 

46

 

 

 

577

 

Chemical sales

 

 

423

 

 

 

 

 

 

 

 

 

423

 

Other

 

 

14

 

 

 

5

 

 

 

2

 

 

 

21

 

Net Sales by reportable segment

 

$

7,010

 

 

$

3,858

 

 

$

1,556

 

 

$

12,424

 

 

 

 

Nine Months Ended September 30, 2020

 

 

 

 

 

 

Europe, Middle East

 

 

 

 

 

 

 

(In millions)

 

Americas

 

 

and Africa

 

 

Asia Pacific

 

 

Total

 

Tire unit sales

 

$

3,584

 

 

$

2,550

 

 

$

1,097

 

 

$

7,231

 

Other tire and related sales

 

 

409

 

 

 

211

 

 

 

75

 

 

 

695

 

Retail services and service related sales

 

 

407

 

 

 

63

 

 

 

34

 

 

 

504

 

Chemical sales

 

 

220

 

 

 

 

 

 

 

 

 

220

 

Other

 

 

10

 

 

 

3

 

 

 

2

 

 

 

15

 

Net Sales by reportable segment

 

$

4,630

 

 

$

2,827

 

 

$

1,208

 

 

$

8,665

 

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 nine months ended September 30, 2021:

 

 

 

 

(In millions)

 

 

 

Balance at December 31, 2020

 

$

50

 

Revenue deferred during period

 

 

118

 

Revenue recognized during period

 

 

(123

)

Impact of foreign currency translation

 

 

 

Balance at September 30, 2021

 

$

45