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Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Basic and Diluted Earnings per Common Share

Basic and diluted earnings per common share are calculated as follows:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

(In millions, except per share amounts)

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Earnings (loss) per share — basic:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Goodyear net income (loss)

 

$

(696

)

 

$

54

 

 

$

(1,315

)

 

$

(7

)

Weighted average shares outstanding

 

 

234

 

 

 

233

 

 

 

234

 

 

 

232

 

Earnings (loss) per common share — basic

 

$

(2.97

)

 

$

0.23

 

 

$

(5.62

)

 

$

(0.03

)

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (loss) per share — diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Goodyear net income (loss)

 

$

(696

)

 

$

54

 

 

$

(1,315

)

 

$

(7

)

Weighted average shares outstanding

 

 

234

 

 

 

233

 

 

 

234

 

 

 

232

 

Dilutive effect of stock options and other dilutive securities

 

 

—

 

 

 

1

 

 

 

—

 

 

 

—

 

Weighted average shares outstanding — diluted

 

 

234

 

 

 

234

 

 

 

234

 

 

 

232

 

Earnings (loss) per common share — diluted

 

$

(2.97

)

 

$

0.23

 

 

$

(5.62

)

 

$

(0.03

)