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Business Segments (Tables)
6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Business Segment Reporting Information
The following tables present segment sales, significant segment expenses and operating income, and the reconciliation of segment operating income to Income before Income Taxes:
Three Months Ended June 30, 2025
(In millions)AmericasEurope, Middle East and AfricaAsia PacificTotal
Net Sales$2,662 $1,344 $459 $4,465 
Less:
Cost of Goods Sold2,166 1,153 350 3,669 
Selling, Administrative and General Expense362 221 69 652 
Other (income)(1)
(7)(5)(3)(15)
Segment Operating Income (Loss)
$141 $(25)$43 $159 
Less:
Rationalizations (Note 4)
59 
Interest expense
112 
Other (income) expense (Note 5)
31 
Net (gains) losses on asset sales(439)
Asset write-offs, accelerated depreciation and accelerated lease costs, net (Note 4)
41 
Corporate incentive compensation plans20 
Retained expenses of divested operations
Other(2)
29 
Income before Income Taxes
$305 
(1) Primarily represents OTR transition license agreement royalty income, in addition to transition services income related to the sales of the OTR tire business and the Dunlop brand.
(2) Primarily represents unallocated corporate costs and the elimination of royalty and other income attributable to the strategic business units (“SBUs”).
Three Months Ended June 30, 2024
(In millions)AmericasEurope, Middle East and AfricaAsia PacificTotal
Net Sales$2,697 $1,279 $594 $4,570 
Less:
Cost of Goods Sold2,120 1,024 451 3,595 
Selling, Administrative and General Expense340 226 81 647 
Other (income)(1)
(4)(1)(1)(6)
Segment Operating Income
$241 $30 $63 $334 
Less:
Rationalizations (Note 4)
19 
Interest expense
130 
Other (income) expense (Note 5)26 
Net (gains) losses on asset sales(96)
Asset write-offs, accelerated depreciation and accelerated lease costs, net (Note 4)
43 
Corporate incentive compensation plans15 
Retained expenses of divested operations
Other(2)
61 
Income before Income Taxes$133 
(1) Primarily represents royalty income attributable to the SBUs.
(2) Primarily represents unallocated corporate costs and the elimination of royalty income attributable to the SBUs. Other also includes $40 million of costs related to the Goodyear Forward plan, primarily related to third-party consulting fees.
Six Months Ended June 30, 2025
(In millions)AmericasEurope, Middle East and AfricaAsia PacificTotal
Net Sales$5,164 $2,621 $933 $8,718 
Less:
Cost of Goods Sold4,189 2,235 718 7,142 
Selling, Administrative and General Expense693 424 131 1,248 
Other (income)(1)
(14)(8)(4)(26)
Segment Operating Income (Loss)
$296 $(30)$88 $354 
Less:
Rationalizations (Note 4)
140 
Interest expense
227 
Other (income) expense (Note 5)56 
Net (gains) losses on asset sales(701)
Asset write-offs, accelerated depreciation and accelerated lease costs, net (Note 4)
87 
Corporate incentive compensation plans36 
Retained expenses of divested operations
Other(2)
70 
Income before Income Taxes
$436 
(1) Primarily represents OTR transition license agreement royalty income, in addition to transition services income related to the sales of the OTR tire business and the Dunlop brand.
(2) Primarily represents unallocated corporate costs and the elimination of royalty and other income attributable to the SBUs.
Six Months Ended June 30, 2024
(In millions)AmericasEurope, Middle East and AfricaAsia PacificTotal
Net Sales$5,285 $2,626 $1,196 $9,107 
Less:
Cost of Goods Sold4,196 2,166 914 7,276 
Selling, Administrative and General Expense677 431 160 1,268 
Other (income)(1)
(8)(2)(1)(11)
Segment Operating Income
$420 $31 $123 $574 
Less:
Rationalizations (Note 4)
41 
Interest expense
256 
Other (income) expense (Note 5)59 
Net (gains) losses on asset sales(94)
Asset write-offs, accelerated depreciation and accelerated lease costs, net (Note 4)
94 
Corporate incentive compensation plans36 
Retained expenses of divested operations
Other(2)
105 
Income before Income Taxes
$69 
(1) Primarily represents royalty income attributable to the SBUs.
(2) Primarily represents unallocated corporate costs and the elimination of royalty income attributable to the SBUs. Other also includes $67 million of costs related to the Goodyear Forward plan, primarily related to third-party consulting fees.
Schedule of Segment Assets
The following table presents segment assets at:

(In millions)June 30,
2025
December 31,
2024
Assets
Americas$12,152 $11,406 
Europe, Middle East and Africa5,370 4,514 
Asia Pacific2,335 2,610 
Total Segment Assets$19,857 $18,530 
Corporate(1)
2,402 2,391 
$22,259 $20,921 
(1) Corporate includes substantially all of our U.S. net deferred tax assets.
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas
The following table presents geographic information. Net sales by country were determined based on the location of the selling subsidiary. Long-lived assets consist of property, plant and equipment. Management did not consider the net sales of any individual country outside the United States to be significant to the consolidated financial statements. For long-lived assets, only the United States and China were considered to be significant.
Three Months Ended
June 30,
Six Months Ended
June 30,
(In millions)2025202420252024
Net Sales
United States$2,234 $2,196 $4,286 $4,287 
International2,231 2,374 4,432 4,820 
$4,465 $4,570 $8,718 $9,107 
(In millions)June 30,
2025
December 31,
2024
Long-Lived Assets
United States$3,585 $3,688 
China653 676 
Other international3,764 3,718 
$8,002 $8,082 
Schedule of Asset sales, Other Expense and Asset Write-offs and Accelerated Depreciation Attributable to the SBUs
Rationalizations, as described in Note to the Consolidated Financial Statements No. 4, Costs Associated with Rationalization Programs; net (gains) losses on asset sales, as described in Note to the Consolidated Financial Statements No. 2, Divestitures; and asset write-offs, accelerated depreciation and accelerated leases costs were not charged (credited) to the SBUs for performance evaluation purposes but were attributable to the SBUs as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
(In millions)2025202420252024
Rationalizations
Americas$10 $11 $72 $15 
Europe, Middle East and Africa43 55 10 
Asia Pacific— 13 
Total Segment Rationalizations$53 $16 $128 $38 
Corporate12 
$59 $19 $140 $41 
Three Months Ended
June 30,
Six Months Ended
June 30,
(In millions)2025202420252024
Net (Gains) Losses on Asset Sales
Americas$— $(14)$(1)$(14)
Europe, Middle East and Africa(82)— (80)
Asia Pacific(55)— (55)— 
Total Segment (Gains) Losses on Asset Sales
$(54)$(96)$(56)$(94)
Corporate(385)— (645)— 
$(439)$(96)$(701)$(94)
Three Months Ended
June 30,
Six Months Ended
June 30,
(In millions)2025202420252024
Asset Write-Offs, Accelerated Depreciation, and Accelerated Lease Costs, net
Americas$14 $$42 $10 
Europe, Middle East and Africa26 17 42 33 
Asia Pacific24 31 
Total Segment Asset Write-Offs, Accelerated Depreciation, and Accelerated Lease Costs, net$41 $43 $87 $74 
Corporate— — — 20 
$41 $43 $87 $94 
Schedule of Segment Capital Expenditures Depreciation And Amortization
The following tables present segment capital expenditures and depreciation and amortization:
Three Months Ended
June 30,
Six Months Ended
June 30,
(In millions)2025202420252024
Capital Expenditures
Americas$151 $201 $327 $409 
Europe, Middle East and Africa33 76 92 147 
Asia Pacific23 28 44 60 
Total Segment Capital Expenditures$207 $305 $463 $616 
Corporate— 11 18 
$207 $316 $466 $634 
Three Months Ended
June 30,
Six Months Ended
June 30,
(In millions)2025202420252024
Depreciation and Amortization
Americas$153 $139 $316 $302 
Europe, Middle East and Africa82 68 149 138 
Asia Pacific29 45 60 85 
Total Segment Depreciation and Amortization$264 $252 $525 $525 
Corporate10 10 19 21 
$274 $262 $544 $546 
Schedule of Segment Equity In Net Income (Loss) of Investees Accounted For By the Equity Method
The following table presents segment equity in the net (income) loss of investees accounted for by the equity method:
Three Months Ended
June 30,
Six Months Ended
June 30,
(In millions)2025202420252024
Equity in (Income) Loss
Americas$$$26 $19 
Europe, Middle East and Africa(1)(1)(1)(1)
Asia Pacific(4)(2)(7)(4)
Total Segment Equity in (Income) Loss
$3 $5 $18 $14