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Net Sales (Tables)
3 Months Ended
Mar. 31, 2022
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 March 31, 2022

 

 

 

 

 

 

Europe, Middle East

 

 

 

 

 

 

 

(In millions)

 

Americas

 

 

and Africa

 

 

Asia Pacific

 

 

Total

 

Tire unit sales

 

$

2,433

 

 

$

1,275

 

 

$

533

 

 

$

4,241

 

Other tire and related sales

 

 

171

 

 

 

117

 

 

 

22

 

 

 

310

 

Retail services and service related sales

 

 

140

 

 

 

34

 

 

 

11

 

 

 

185

 

Chemical sales

 

 

165

 

 

 

 

 

 

 

 

 

165

 

Other

 

 

6

 

 

 

 

 

 

1

 

 

 

7

 

Net Sales by reportable segment

 

$

2,915

 

 

$

1,426

 

 

$

567

 

 

$

4,908

 

 

 

 

Three Months Ended March 31, 2021

 

 

 

 

 

 

Europe, Middle East

 

 

 

 

 

 

 

(In millions)

 

Americas

 

 

and Africa

 

 

Asia Pacific

 

 

Total

 

Tire unit sales

 

$

1,394

 

 

$

1,122

 

 

$

454

 

 

$

2,970

 

Other tire and related sales

 

 

140

 

 

 

79

 

 

 

22

 

 

 

241

 

Retail services and service related sales

 

 

136

 

 

 

28

 

 

 

16

 

 

 

180

 

Chemical sales

 

 

113

 

 

 

 

 

 

 

 

 

113

 

Other

 

 

4

 

 

 

2

 

 

 

1

 

 

 

7

 

Net Sales by reportable segment

 

$

1,787

 

 

$

1,231

 

 

$

493

 

 

$

3,511

 

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 three months ended March 31, 2022:

 

 

 

 

(In millions)

 

 

 

Balance at December 31, 2021

 

$

44

 

Revenue deferred during period

 

 

12

 

Revenue recognized during period

 

 

(16

)

Impact of foreign currency translation

 

 

 

Balance at March 31, 2022

 

$

40