Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2022

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 2022:

(In millions)	Balance at December 31, 2021		Acquisitions		Divestitures			Translation			Balance at December 31, 2022
Americas(1)	$	709	$	15	$	—		$	—		$	724
Europe, Middle East and Africa		231		18		(3	)		(14	)		232
Asia Pacific		64		—		—			(6	)		58
	$	1,004	$	33	$	(3	)	$	(20	)	$	1,014

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		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 2022 and 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.

Indefinite-Lived Intangible Assets

The following table presents information about intangible assets at December 31:

	2022							2021
(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	$	687	$	(6	)	$	681	$	684	$	(6	)	$	678
Customer relationships		350		(48	)		302		350		(18	)		332
Other intangible assets		31		(20	)		11		32		(17	)		15
Trademarks and patents		30		(20	)		10		32		(18	)		14
	$	1,098	$	(94	)	$	1,004	$	1,098	$	(59	)	$	1,039

(1)Includes impact of foreign currency translation.

Finite-Lived Intangible Assets

The following table presents information about intangible assets at December 31:

	2022							2021
(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	$	687	$	(6	)	$	681	$	684	$	(6	)	$	678
Customer relationships		350		(48	)		302		350		(18	)		332
Other intangible assets		31		(20	)		11		32		(17	)		15
Trademarks and patents		30		(20	)		10		32		(18	)		14
	$	1,098	$	(94	)	$	1,004	$	1,098	$	(59	)	$	1,039

(1)Includes impact of foreign currency translation.