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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current Assets:    
Cash and Cash Equivalents $ 1,088 $ 1,539
Accounts Receivable, net 2,387 1,691
Inventories 3,594 2,153
Prepaid Expenses and Other Current Assets 262 237
Total Current Assets 7,331 5,620
Goodwill (Note 12) 1,004 408
Intangible Assets (Note 11) 1,039 135
Deferred Income Taxes 1,596 1,467
Other Assets (Note 12) 1,106 952
Operating Lease Right-of-Use Assets 981 851
Property, Plant and Equipment 8,345 7,073
Total Assets 21,402 16,506
Current Liabilities:    
Accounts Payable — Trade 4,148 2,945
Compensation and Benefits 689 540
Other Current Liabilities 822 865
Notes Payable and Overdrafts 406 406
Operating Lease Liabilities due Within One Year 204 198
Long Term Debt and Finance Leases due Within One Year 343 152
Total Current Liabilities 6,612 5,106
Operating Lease Liabilities 819 684
Long Term Debt and Finance Leases 6,648 5,432
Compensation and Benefits 1,445 1,470
Deferred Income Taxes 135 84
Other Long Term Liabilities 559 471
Total Liabilities 16,218 13,247
Commitments and Contingent Liabilities
Common Stock, no par value:    
Authorized, 450 million shares, Outstanding shares — 233 million (233 million in 2019) 282 233
Capital Surplus 3,107 2,171
Retained Earnings 5,573 4,809
Accumulated Other Comprehensive Loss (3,963) (4,135)
Goodyear Shareholders’ Equity 4,999 3,078
Minority Shareholders’ Equity — Nonredeemable 185 181
Total Shareholders’ Equity 5,184 3,259
Total Liabilities and Shareholders’ Equity $ 21,402 $ 16,506