XML 38 R28.htm IDEA: XBRL DOCUMENT v3.22.2
Net Sales (Tables)
6 Months Ended
Jun. 30, 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 June 30, 2022

 

 

 

 

 

 

Europe, Middle East

 

 

 

 

 

 

 

(In millions)

 

Americas

 

 

and Africa

 

 

Asia Pacific

 

 

Total

 

Tire unit sales

 

$

2,626

 

 

$

1,301

 

 

$

536

 

 

$

4,463

 

Other tire and related sales

 

 

194

 

 

 

164

 

 

 

19

 

 

 

377

 

Retail services and service related sales

 

 

166

 

 

 

32

 

 

 

12

 

 

 

210

 

Chemical sales

 

 

154

 

 

 

 

 

 

 

 

 

154

 

Other

 

 

7

 

 

 

 

 

 

1

 

 

 

8

 

Net Sales by reportable segment

 

$

3,147

 

 

$

1,497

 

 

$

568

 

 

$

5,212

 

 

 

 

Three Months Ended June 30, 2021

 

 

 

 

 

 

Europe, Middle East

 

 

 

 

 

 

 

(In millions)

 

Americas

 

 

and Africa

 

 

Asia Pacific

 

 

Total

 

Tire unit sales

 

$

1,777

 

 

$

1,085

 

 

$

455

 

 

$

3,317

 

Other tire and related sales

 

 

170

 

 

 

114

 

 

 

22

 

 

 

306

 

Retail services and service related sales

 

 

155

 

 

 

29

 

 

 

15

 

 

 

199

 

Chemical sales

 

 

149

 

 

 

 

 

 

 

 

 

149

 

Other

 

 

5

 

 

 

2

 

 

 

1

 

 

 

8

 

Net Sales by reportable segment

 

$

2,256

 

 

$

1,230

 

 

$

493

 

 

$

3,979

 

 

 

 

Six Months Ended June 30, 2022

 

 

 

 

 

 

Europe, Middle East

 

 

 

 

 

 

 

(In millions)

 

Americas

 

 

and Africa

 

 

Asia Pacific

 

 

Total

 

Tire unit sales

 

$

5,059

 

 

$

2,576

 

 

$

1,069

 

 

$

8,704

 

Other tire and related sales

 

 

365

 

 

 

281

 

 

 

41

 

 

 

687

 

Retail services and service related sales

 

 

306

 

 

 

66

 

 

 

23

 

 

 

395

 

Chemical sales

 

 

319

 

 

 

 

 

 

 

 

 

319

 

Other

 

 

13

 

 

 

 

 

 

2

 

 

 

15

 

Net Sales by reportable segment

 

$

6,062

 

 

$

2,923

 

 

$

1,135

 

 

$

10,120

 

 

 

 

Six Months Ended June 30, 2021

 

 

 

 

 

 

Europe, Middle East

 

 

 

 

 

 

 

(In millions)

 

Americas

 

 

and Africa

 

 

Asia Pacific

 

 

Total

 

Tire unit sales

 

$

3,171

 

 

$

2,207

 

 

$

909

 

 

$

6,287

 

Other tire and related sales

 

 

310

 

 

 

193

 

 

 

44

 

 

 

547

 

Retail services and service related sales

 

 

291

 

 

 

57

 

 

 

31

 

 

 

379

 

Chemical sales

 

 

262

 

 

 

 

 

 

 

 

 

262

 

Other

 

 

9

 

 

 

4

 

 

 

2

 

 

 

15

 

Net Sales by reportable segment

 

$

4,043

 

 

$

2,461

 

 

$

986

 

 

$

7,490

 

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 six months ended June 30, 2022:

 

 

 

 

(In millions)

 

 

 

Balance at December 31, 2021

 

$

44

 

Revenue deferred during period

 

 

44

 

Revenue recognized during period

 

 

(48

)

Impact of foreign currency translation

 

 

(1

)

Balance at June 30, 2022

 

$

39