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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Current Assets:    
Cash and Cash Equivalents $ 1,187 $ 1,539
Accounts Receivable, less Allowance - $133 ($150 in 2020) 3,193 1,691
Inventories:    
Raw Materials 901 517
Work in Process 186 143
Finished Products 2,356 1,493
Inventories 3,443 2,153
Prepaid Expenses and Other Current Assets 298 237
Total Current Assets 8,121 5,620
Goodwill 1,017 408
Intangible Assets 1,048 135
Deferred Income Taxes 1,195 1,467
Other Assets 1,023 952
Operating Lease Right-of-Use Assets 997 851
Property, Plant and Equipment, less Accumulated Depreciation - $11,145 ($10,991 in 2020) 8,216 7,073
Total Assets 21,617 16,506
Current Liabilities:    
Accounts Payable — Trade 3,962 2,945
Compensation and Benefits 713 540
Other Current Liabilities 863 865
Notes Payable and Overdrafts 497 406
Operating Lease Liabilities due Within One Year 207 198
Long Term Debt and Finance Leases due Within One Year 651 152
Total Current Liabilities 6,893 5,106
Operating Lease Liabilities 831 684
Long Term Debt and Finance Leases 7,153 5,432
Compensation and Benefits 1,582 1,470
Deferred Income Taxes 99 84
Other Long Term Liabilities 553 471
Total Liabilities 17,111 13,247
Commitments and Contingent Liabilities
Common Stock, no par value:    
Authorized, 450 million shares, Outstanding shares - 281 million in 2021 (233 million in 2020) 281 233
Capital Surplus 3,095 2,171
Retained Earnings 5,020 4,809
Accumulated Other Comprehensive Loss (4,082) (4,135)
Goodyear Shareholders’ Equity 4,314 3,078
Minority Shareholders’ Equity — Nonredeemable 192 181
Total Shareholders’ Equity 4,506 3,259
Total Liabilities and Shareholders’ Equity $ 21,617 $ 16,506