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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash and Cash Equivalents (Note 1) $ 1,227 $ 1,088
Accounts Receivable (Note 10) 2,610 2,387
Inventories (Note 11) 4,571 3,594
Prepaid Expenses and Other Current Assets 257 262
Total Current Assets 8,665 7,331
Goodwill (Note 12) 1,014 1,004
Intangible Assets (Note 12) 1,004 1,039
Deferred Income Taxes (Note 7) 1,443 1,596
Other Assets (Note 13) 1,035 1,106
Operating Lease Right-of-Use Assets (Note 15) 976 981
Property, Plant and Equipment (Note 14) 8,294 8,345
Total Assets 22,431 21,402
Current Liabilities:    
Accounts Payable — Trade 4,803 4,148
Compensation and Benefits (Notes 18 and 19) 643 689
Other Current Liabilities 872 822
Notes Payable and Overdrafts (Note 16) 395 406
Operating Lease Liabilities due Within One Year (Note 15) 199 204
Long Term Debt and Finance Leases due Within One Year (Notes 15 and 16) 228 343
Total Current Liabilities 7,140 6,612
Operating Lease Liabilities (Note 15) 821 819
Long Term Debt and Finance Leases (Notes 15 and 16) 7,267 6,648
Compensation and Benefits (Notes 18 and 19) 998 1,445
Deferred Income Taxes (Note 7) 134 135
Other Long Term Liabilities 605 559
Total Liabilities 16,965 16,218
Commitments and Contingent Liabilities (Note 20)
Common Stock, no par value:    
Authorized, 450 million shares, Outstanding shares - 283 million (282 million in 2021) 283 282
Capital Surplus 3,117 3,107
Retained Earnings 5,775 5,573
Accumulated Other Comprehensive Loss (Note 22) (3,875) (3,963)
Goodyear Shareholders’ Equity 5,300 4,999
Minority Shareholders’ Equity — Nonredeemable 166 185
Total Shareholders’ Equity 5,466 5,184
Total Liabilities and Shareholders’ Equity $ 22,431 $ 21,402