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Net Sales
 9 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
Net Sales NET SALES
The following tables show disaggregated net sales from contracts with customers by major source:
Three Months Ended September 30, 2025
(In millions)AmericasEurope, Middle East
and Africa		Asia PacificTotal
Tire unit sales$2,209 $1,222 $474 $3,905 
Other tire and related sales205 148 25 378 
Retail services and service related sales199 37 — 236 
Chemical sales121 — — 121 
Other3 — 2 5 
Net Sales by reportable segment$2,737 $1,407 $501 $4,645 
Three Months Ended September 30, 2024
(In millions)AmericasEurope, Middle East
and Africa		Asia PacificTotal
Tire unit sales$2,319 $1,191 $584 $4,094 
Other tire and related sales197 125 30 352 
Retail services and service related sales203 32 4 239 
Chemical sales133 — — 133 
Other6 — — 6 
Net Sales by reportable segment$2,858 $1,348 $618 $4,824 
Nine Months Ended September 30, 2025
(In millions)AmericasEurope, Middle East
and Africa		Asia PacificTotal
Tire unit sales$6,349 $3,458 $1,359 $11,166 
Other tire and related sales582 453 71 1,106 
Retail services and service related sales576 117 — 693 
Chemical sales380 — — 380 
Other14 — 4 18 
Net Sales by reportable segment$7,901 $4,028 $1,434 $13,363 
Nine Months Ended September 30, 2024
(In millions)AmericasEurope, Middle East
and Africa		Asia PacificTotal
Tire unit sales$6,616 $3,470 $1,714 $11,800 
Other tire and related sales576 407 82 1,065 
Retail services and service related sales559 97 15 671 
Chemical sales377 — — 377 
Other15 — 3 18 
Net Sales by reportable segment$8,143 $3,974 $1,814 $13,931 
Tire unit sales consist of consumer, commercial, farm and OTR tire sales, including the sale of new Company-branded tires through Company-owned retail channels. OTR tire sales in 2025 primarily consist of tires sold to Yokohama pursuant to our product supply agreement. Other tire and related sales consist of aviation, race and motorcycle 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 $45 million and $13 million at September 30, 2025 and December 31, 2024, respectively. Deferred revenue included in Other Long Term Liabilities in the Consolidated Balance Sheets totaled $79 million and $6 million at September 30, 2025 and December 31, 2024, 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. Revenue deferred during the three and nine months ended September 30, 2025 primarily relates to the product supply agreement we entered into in connection with the sale of our OTR tire business.
The following table presents the balance of deferred revenue related to contracts with customers, and changes during the nine months ended September 30, 2025:
(In millions)
Balance at December 31, 2024$19 
Revenue deferred during period248 
Revenue recognized during period(145)
Impact of foreign currency translation2 
Balance at September 30, 2025$124