Net Sales (Tables)

12 Months Ended

Dec. 31, 2023

Revenue from Contract with Customer [Abstract]

Disaggregated Net Sales From Contracts with Customers

The following table shows disaggregated net sales from contracts with customers by major source for the year ended December 31, 2023:

(In millions)	Americas		Europe, Middle East and Africa		Asia Pacific		Total
Tire unit sales	$	10,028	$	4,924	$	2,336	$	17,288
Other tire and related sales		790		532		89		1,411
Retail services and service related sales		685		150		34		869
Chemical sales		467		—		—		467
Other		23		—		8		31
Net Sales by reportable segment	$	11,993	$	5,606	$	2,467	$	20,066

The following table shows disaggregated net sales from contracts with customers by major source for the year ended December 31, 2022:

(In millions)	Americas		Europe, Middle East and Africa		Asia Pacific		Total
Tire unit sales	$	10,694	$	4,943	$	2,249	$	17,886
Other tire and related sales		746		582		93		1,421
Retail services and service related sales		645		120		48		813
Chemical sales		654		—		—		654
Other		27		—		4		31
Net Sales by reportable segment	$	12,766	$	5,645	$	2,394	$	20,805

The following table shows disaggregated net sales from contracts with customers by major source for the year ended December 31, 2021:

(In millions)	Americas		Europe, Middle East and Africa		Asia Pacific		Total
Tire unit sales	$	8,221	$	4,669	$	2,027	$	14,917
Other tire and related sales		653		454		95		1,202
Retail services and service related sales		587		112		59		758
Chemical sales		569		—		—		569
Other		21		8		3		32
Net Sales by reportable segment	$	10,051	$	5,243	$	2,184	$	17,478

Balance and Changes in Deferred Revenue Related to Contracts with Customers

The following table presents the balances of deferred revenue related to contracts with customers, and changes during the years ended December 31:

(In millions)	2023			2022
Balance at January 1	$	34		$	44
Revenue deferred during period		220			150
Revenue recognized during period		(225	)		(159	)
Impact of foreign currency translation		(1	)		(1	)
Balance at December 31	$	28		$	34