XML 53 R43.htm IDEA: XBRL DOCUMENT v3.22.2
Cooper Tire Acquisition - Narrative (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 07, 2021
May 18, 2021
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Business Acquisition [Line Items]            
Transaction and other costs     $ 0 $ 32 $ 0 $ 39
Cost of Goods Sold     4,172 3,078 8,138 5,829
Other (Income) Expense            
Business Acquisition [Line Items]            
Transaction and other costs       48   55
Costs included in Other (Income) Expense       42   49
Other (Income) Expense | Bridge Loan [Member]            
Business Acquisition [Line Items]            
Commitment fee related to bridge term loan facility       10    
Cooper Tire            
Business Acquisition [Line Items]            
Merger consideration $ 3,100          
Proceeds from the issuance of new senior notes   $ 1,450        
Adjustments to estimated value of inventory 245          
Inventory adjust amount 135          
Inventory sold related to fair value step-up           38
Property, plant and equipment at a net book value 1,208          
Preliminary fair value estimate of property, plant and equipment 1,346          
Net Sales     919 256 1,788  
Cost of Goods Sold     $ 710 236 $ 1,429 236
Cooper Tire | Inventory [Member]            
Business Acquisition [Line Items]            
Inventory Step Up to Estimated Fair Value 110          
Cooper Tire | Property, Plant and Equipment [Member]            
Business Acquisition [Line Items]            
Property, plant and equipment step up estimated fair value $ 138          
Cooper Tire | Other (Income) Expense            
Business Acquisition [Line Items]            
Post-combination settlement of incentive compensation awards       $ 6   $ 6