Net Sales

9 Months Ended

Sep. 30, 2020

Revenue From Contract With Customer [Abstract]

Net Sales

NOTE 2. NET SALES

The following tables show disaggregated net sales from contracts with customers by major source:

	Three Months Ended September 30, 2020
			Europe, Middle East
(In millions)	Americas		and Africa		Asia Pacific		Total
Tire unit sales	$	1,443	$	1,051	$	450	$	2,944
Other tire and related sales		149		76		29		254
Retail services and service related sales		146		28		6		180
Chemical sales		80		—		—		80
Other		5		1		1		7
Net Sales by reportable segment	$	1,823	$	1,156	$	486	$	3,465

	Three Months Ended September 30, 2019
			Europe, Middle East
(In millions)	Americas		and Africa		Asia Pacific		Total
Tire unit sales	$	1,624	$	1,109	$	500	$	3,233
Other tire and related sales		185		82		25		292
Retail services and service related sales		136		12		23		171
Chemical sales		99		—		—		99
Other		5		2		—		7
Net Sales by reportable segment	$	2,049	$	1,205	$	548	$	3,802

	Nine Months Ended September 30, 2020
			Europe, Middle East
(In millions)	Americas		and Africa		Asia Pacific		Total
Tire unit sales	$	3,584	$	2,550	$	1,097	$	7,231
Other tire and related sales		409		211		75		695
Retail services and service related sales		407		63		34		504
Chemical sales		220		—		—		220
Other		10		3		2		15
Net Sales by reportable segment	$	4,630	$	2,827	$	1,208	$	8,665

	Nine Months Ended September 30, 2019
			Europe, Middle East
(In millions)	Americas		and Africa		Asia Pacific		Total
Tire unit sales	$	4,658	$	3,264	$	1,425	$	9,347
Other tire and related sales		496		272		87		855
Retail services and service related sales		406		27		55		488
Chemical sales		322		—		—		322
Other		14		4		2		20
Net Sales by reportable segment	$	5,896	$	3,567	$	1,569	$	11,032

Tire unit sales consist of consumer, commercial, farm and off-the-road tire sales, including the sale of new Company-branded tires through Company-owned retail channels. Other tire and related sales consist of aviation, race, motorcycle and all-terrain vehicle tire sales, retread sales and other tire related sales. Sales of tires in this category are not included in reported tire unit information. Retail services and service related sales consist of automotive services performed for customers through our Company-owned retail channels, and includes service related products. Chemical sales relate to the sale of synthetic rubber and other chemicals to third parties, and exclude intercompany sales. Other sales include items such as franchise fees and ancillary tire parts.

When we receive consideration from a customer prior to transferring goods or services under the terms of a sales contract, we record deferred revenue, which represents a contract liability. Deferred revenue included in Other Current Liabilities in the Consolidated Balance Sheets totaled $25 million and $23 million at September 30, 2020 and December 31, 2019, respectively. Deferred revenue included in Other Long Term Liabilities in the Consolidated Balance Sheets totaled $29 million and $31 million at September 30, 2020 and December 31, 2019, respectively. We recognize deferred revenue after we have transferred control of the goods or services to the customer and all revenue recognition criteria are met.

The following table presents the balance of deferred revenue related to contracts with customers, and changes during the nine months ended September 30, 2020:

(In millions)
Balance at December 31, 2019	$	54
Revenue deferred during period		117
Revenue recognized during period		(117	)
Impact of foreign currency translation		—
Balance at September 30, 2020	$	54