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Net Sales
 3 Months Ended
Mar. 31, 2026
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 March 31, 2026
(In millions)AmericasEurope, Middle East
and Africa		Asia PacificTotal
Tire unit sales$1,697 $1,164 $433 $3,294 
Other tire and related sales181 160 21 362 
Retail services and service related sales175 39 — 214 
Chemical sales7 — — 7 
Other3 — 1 4 
Net Sales by reportable segment$2,063 $1,363 $455 $3,881 
Three Months Ended March 31, 2025
(In millions)AmericasEurope, Middle East
and Africa		Asia PacificTotal
Tire unit sales$2,008 $1,116 $451 $3,575 
Other tire and related sales175 124 21 320 
Retail services and service related sales181 37 — 218 
Chemical sales133 — — 133 
Other5 — 2 7 
Net Sales by reportable segment$2,502 $1,277 $474 $4,253 
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 primarily consist of tires sold to The Yokohama Rubber Company, Limited (“Yokohama”), pursuant to the product supply agreement related to the sale of our OTR tire business. 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 $33 million and $34 million at March 31, 2026 and December 31, 2025, respectively. Deferred revenue included in Other Long Term Liabilities in the Consolidated Balance Sheets totaled $71 million and $76 million at March 31, 2026 and December 31, 2025, 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 months ended March 31, 2026 primarily relates to the product supply agreement we entered into with Yokohama 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 three months ended March 31, 2026:
(In millions)
Balance at December 31, 2025$110 
Revenue deferred during period39 
Revenue recognized during period(45)
Impact of foreign currency translation— 
Balance at March 31, 2026$104