Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill by Reporting Unit

The following table presents the net carrying amount of goodwill allocated by segment, and changes during 2021:

(In millions)	Balance at December 31, 2020		Acquisitions		Divestitures		Impairment		Translation			Balance at December 31, 2021
Americas(1)	$	91	$	618	$	—	$	—	$	—		$	709
Europe, Middle East and Africa		250		—		—		—		(19	)		231
Asia Pacific		67		—		—		—		(3	)		64
	$	408	$	618	$	—	$	—	$	(22	)	$	1,004

(1)The increase during 2021 was due to the acquisition of Cooper Tire. For further information, refer to Note to the Consolidated Financial Statements No. 2, Cooper Tire Acquisition.

The following table presents the net carrying amount of goodwill allocated by segment, and changes during 2020:

(In millions)	Balance at December 31, 2019		Acquisitions		Divestitures		Impairment			Translation		Balance at December 31, 2020
Americas	$	91	$	—	$	—	$	—		$	—	$	91
Europe, Middle East and Africa		411		10		—		(182	)		11		250
Asia Pacific		63		—		—		—			4		67
	$	565	$	10	$	—	$	(182	)	$	15	$	408

Indefinite-Lived Intangible Assets

The following table presents information about intangible assets:

	2021							2020
(In millions)	Gross Carrying Amount(1)		Accumulated Amortization(1)			Net Carrying Amount		Gross Carrying Amount(1)		Accumulated Amortization(1)			Net Carrying Amount
Intangible assets with indefinite lives	$	684	$	(6	)	$	678	$	125	$	(6	)	$	119
Customer relationships		350		(18	)		332		—		—			—
Trademarks and patents		32		(18	)		14		23		(19	)		4
Other intangible assets		32		(17	)		15		25		(13	)		12
	$	1,098	$	(59	)	$	1,039	$	173	$	(38	)	$	135

(1)Includes impact of foreign currency translation. 

Finite-Lived Intangible Assets

The following table presents information about intangible assets:

	2021							2020
(In millions)	Gross Carrying Amount(1)		Accumulated Amortization(1)			Net Carrying Amount		Gross Carrying Amount(1)		Accumulated Amortization(1)			Net Carrying Amount
Intangible assets with indefinite lives	$	684	$	(6	)	$	678	$	125	$	(6	)	$	119
Customer relationships		350		(18	)		332		—		—			—
Trademarks and patents		32		(18	)		14		23		(19	)		4
Other intangible assets		32		(17	)		15		25		(13	)		12
	$	1,098	$	(59	)	$	1,039	$	173	$	(38	)	$	135

(1)Includes impact of foreign currency translation.