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Net Sales (Tables)
3 Months Ended
Mar. 31, 2025
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 March 31, 2025

 

 

 

 

 

 

Europe, Middle East

 

 

 

 

 

 

 

(In millions)

 

Americas

 

 

and Africa

 

 

Asia Pacific

 

 

Total

 

Tire unit sales

 

$

2,008

 

 

$

1,116

 

 

$

451

 

 

$

3,575

 

Other tire and related sales

 

 

175

 

 

 

124

 

 

 

21

 

 

 

320

 

Retail services and service related sales

 

 

181

 

 

 

37

 

 

 

 

 

 

218

 

Chemical sales

 

 

133

 

 

 

 

 

 

 

 

 

133

 

Other

 

 

5

 

 

 

 

 

 

2

 

 

 

7

 

Net Sales by reportable segment

 

$

2,502

 

 

$

1,277

 

 

$

474

 

 

$

4,253

 

 

 

 

Three Months Ended March 31, 2024

 

 

 

 

 

 

Europe, Middle East

 

 

 

 

 

 

 

(In millions)

 

Americas

 

 

and Africa

 

 

Asia Pacific

 

 

Total

 

Tire unit sales

 

$

2,122

 

 

$

1,186

 

 

$

574

 

 

$

3,882

 

Other tire and related sales

 

 

183

 

 

 

132

 

 

 

18

 

 

 

333

 

Retail services and service related sales

 

 

169

 

 

 

29

 

 

 

9

 

 

 

207

 

Chemical sales

 

 

110

 

 

 

 

 

 

 

 

 

110

 

Other

 

 

4

 

 

 

 

 

 

1

 

 

 

5

 

Net Sales by reportable segment

 

$

2,588

 

 

$

1,347

 

 

$

602

 

 

$

4,537

 

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 three months ended March 31, 2025:

 

 

 

 

(In millions)

 

 

 

Balance at December 31, 2024

 

$

19

 

Revenue deferred during period

 

 

134

 

Revenue recognized during period

 

 

(45

)

Impact of foreign currency translation

 

 

(1

)

Balance at March 31, 2025

 

$

107