Cooper Tire & Rubber (CTB) 10-Q 29 Oct 20 2020 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Sep. 30, 2020	Oct. 28, 2020
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2020
Document Transition Report	false
Entity File Number	001-04329
Entity Registrant Name	COOPER TIRE & RUBBER CO
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	34-4297750
Entity Address, Address Line One	701 Lima Avenue
Entity Address, City or Town	Findlay
Entity Address, State or Province	OH
Entity Address, Postal Zip Code	45840
City Area Code	419
Local Phone Number	423-1321
Title of 12(b) Security	Common Stock, $1 par value per share
Trading Symbol	CTB
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		50,373,923
Amendment Flag	false
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q3
Entity Central Index Key	0000024491
Current Fiscal Year End Date	--12-31

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Income Statement [Abstract]
Net sales	$ 764,850	$ 704,134	$ 1,792,803	$ 2,002,428
Cost of products sold	527,575	589,768	1,433,976	1,700,662
Gross profit	237,275	114,366	358,827	301,766
Selling, general and administrative expense	65,768	60,786	175,833	183,452
Restructuring expense	0	811	12,404	7,442
Operating profit	171,507	52,769	170,590	110,872
Interest expense	(5,400)	(7,476)	(16,914)	(23,599)
Interest income	559	1,507	2,905	6,887
Other pension and postretirement benefit expense	(5,621)	(9,562)	(15,413)	(28,212)
Other non-operating income (expense)	2,303	(509)	3,678	(593)
Income before income taxes	163,348	36,729	144,846	65,355
Income tax provision	40,225	7,721	38,683	19,908
Net income	123,123	29,008	106,163	45,447
Net income (loss) attributable to noncontrolling shareholders' interests	519	(336)	1,365	301
Net income attributable to Cooper Tire & Rubber Company	$ 122,604	$ 29,344	$ 104,798	$ 45,146
Earnings per share:
Basic (in dollars per share)	$ 2.44	$ 0.58	$ 2.08	$ 0.90
Diluted (in dollars per share)	$ 2.42	$ 0.58	$ 2.08	$ 0.90

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Net income	$ 123,123	$ 29,008	$ 106,163	$ 45,447
Other comprehensive income (loss):
Cumulative currency translation adjustments	24,952	(17,692)	(7,103)	(15,718)
Currency loss charged to equity as part of acquisition of noncontrolling shareholder interest	24,952	(17,692)	(7,103)	(15,718)
Financial instruments:
Change in the fair value of derivatives	14	(2,052)	(7,109)	(4,393)
Income tax provision on derivative instruments	32	530	1,877	1,213
Financial instruments, net of tax	46	(1,522)	(5,232)	(3,180)
Postretirement benefit plans:
Amortization of actuarial loss	9,033	9,177	26,183	27,625
Amortization of prior service cost (credit)	398	(102)	1,029	(306)
Actuarial loss	0	0	(31,490)	0
Income tax (benefit) provision on postretirement benefit plans	(2,078)	(2,041)	1,883	(6,123)
Foreign currency translation (loss) gain	(2,867)	2,201	1,932	2,170
Postretirement benefit plans, net of tax	4,486	9,235	(463)	23,366
Other comprehensive income (loss)	29,484	(9,979)	(12,798)	4,468
Comprehensive income	152,607	19,029	93,365	49,915
Less: Comprehensive income (loss) attributable to noncontrolling shareholders' interests	1,834	(2,324)	2,225	(1,047)
Comprehensive income attributable to Cooper Tire & Rubber Company	150,773	21,353	91,140	50,962
Noncontrolling Shareholders’ Interests in Consolidated Subsidiaries
Net income	519	(336)
Other comprehensive income (loss):
Cumulative currency translation adjustments	0	0	(11,748)	0
Currency loss charged to equity as part of acquisition of noncontrolling shareholder interest	0	0	$ (11,748)	$ 0
Postretirement benefit plans:
Other comprehensive income (loss)	$ 1,315	$ (1,988)

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 495,599	$ 391,332
Notes receivable	15,622	535
Accounts receivable, less allowances of $11,037 at 2020 and $8,109 at 2019	568,937	544,257
Inventories:
Finished goods	289,976	326,839
Work in process	28,360	28,250
Raw materials and supplies	102,806	109,132
Total inventories	421,142	464,221
Other current assets	42,676	52,635
Total current assets	1,543,976	1,452,980
Property, plant and equipment:
Land and land improvements	56,243	53,516
Buildings	349,186	344,142
Machinery and equipment	2,079,088	2,042,578
Molds, cores and rings	263,734	262,444
Total property, plant and equipment	2,748,251	2,702,680
Less: Accumulated depreciation	1,720,249	1,655,438
Property, plant and equipment, net	1,028,002	1,047,242
Operating lease right-of-use assets, net of accumulated amortization of $44,750 at 2020 and $26,121 at 2019	85,230	80,752
Goodwill	18,851	18,851
Intangibles, net of accumulated amortization of $138,715 at 2020 and $123,735 at 2019	100,309	111,356
Deferred income tax assets	32,791	29,336
Investment in joint venture	50,794	48,912
Other assets	20,444	12,909
Total assets	2,880,397	2,802,338
Current liabilities:
Short-term borrowings	15,422	12,296
Accounts payable	263,567	276,732
Accrued liabilities	299,272	302,477
Income taxes payable	39,080	2,304
Current portion of long-term debt and finance leases	22,923	10,265
Total current liabilities	640,264	604,074
Long-term debt and finance leases	319,438	309,148
Noncurrent operating leases	63,952	55,371
Postretirement benefits other than pensions	227,264	227,216
Pension benefits	136,900	126,707
Other long-term liabilities	142,176	149,065
Deferred income tax liabilities	1,773	3,024
Equity:
Preferred stock, $1 par value; 5,000,000 shares authorized; none issued	0	0
Common stock, $1 par value; 300,000,000 shares authorized; 87,850,292 shares issued at 2020 and 2019	87,850	87,850
Capital in excess of par value	19,282	22,175
Retained earnings	2,613,868	2,524,963
Accumulated other comprehensive loss	(472,986)	(447,580)
Parent stockholders' equity before treasury stock	2,248,014	2,187,408
Less: Common shares in treasury at cost (37,481,374 at 2020 and 37,647,058 at 2019)	(919,907)	(922,783)
Total parent stockholders' equity	1,328,107	1,264,625
Noncontrolling shareholders' interests in consolidated subsidiaries	20,523	63,108
Total equity	1,348,630	1,327,733
Total liabilities and equity	$ 2,880,397	$ 2,802,338

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Allowances for accounts receivable	$ 11,037	$ 8,109
Accumulated amortization of operating lease	44,750	26,121
Accumulated amortization of intangibles	$ 138,715	$ 123,735
Preferred stock, par value (in dollars per share)	$ 1	$ 1
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000
Preferred stock, shares issued (in shares)	0	0
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	300,000,000	300,000,000
Common stock, shares issued (in shares)	87,850,292	87,850,292
Treasury stock, shares (in shares)	37,481,374	37,647,058

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Operating activities:
Net income	$ 106,163	$ 45,447
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization	118,131	111,518
Stock-based compensation	4,071	3,473
Change in LIFO inventory reserve	(39,845)	2,438
Amortization of unrecognized postretirement benefits	27,212	27,314
Changes in operating assets and liabilities:
Accounts and notes receivable	(41,929)	(80,571)
Inventories	78,008	(96,043)
Other current assets	(10,411)	(352)
Accounts payable	3,563	(2,492)
Accrued liabilities	(5,008)	(5,350)
Other items	5,935	(19,795)
Net cash provided by (used in) operating activities	245,890	(14,413)
Investing activities:
Additions to property, plant and equipment and capitalized software	(96,604)	(155,808)
Investment in joint venture	0	(49,001)
Proceeds from the sale of assets	146	6
Net cash used in investing activities	(96,458)	(204,803)
Financing activities:
Issuances of short-term debt	327,860	1,488
Repayment of short-term debt	(333,129)	(588)
Issuance of long-term debt	31,142	0
Repayment of long-term debt and finance lease obligations	(11,299)	(1,196)
Acquisition of noncontrolling shareholder interest	(62,272)	0
Payment of financing fees	0	(2,207)
Payments of employee taxes withheld from share-based awards	(990)	(1,376)
Payment of dividends to Cooper Tire & Rubber Company stockholders	(15,840)	(15,799)
Issuance of common shares related to stock-based compensation	2,122	114
Net cash used in financing activities	(62,406)	(19,564)
Effects of exchange rate changes on cash	(693)	1,958
Net change in cash, cash equivalents and restricted cash	86,333	(236,822)
Cash, cash equivalents and restricted cash at beginning of period	413,124	378,246
Cash, cash equivalents and restricted cash at end of period	499,457	141,424
Total cash, cash equivalents and restricted cash	$ 499,457	$ 141,424

Basis of Presentation and Conso

Basis of Presentation and Consolidation	9 Months Ended
	Sep. 30, 2020
Accounting Policies [Abstract]
Basis of Presentation and Consolidation	Basis of Presentation and Consolidation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements. In the opinion of management, the condensed consolidated financial statements reflect all adjustments, which are normal and recurring in nature, necessary for fair financial statement presentation. There is typically a year-round demand for the Company's products, however, passenger car and light truck ("light vehicle") replacement tire sales are generally strongest during the third and fourth quarters of the year. Winter tires are sold principally during the months of May through November. Operating results for the nine month period ended September 30, 2020 are not necessarily indicative of the results that may be expected for the year ended December 31, 2020 . The Company consolidates into its financial statements the accounts of the Company, all wholly-owned subsidiaries, and any partially-owned subsidiary that the Company has the ability to control. Control generally equates to ownership percentage, whereby investments that are more than 50 percent owned are consolidated and investments in affiliates of 50 percent or less, but greater than 20 percent , are accounted for using the equity method. The Company does not consolidate any entity for which it has a variable interest based solely on power to direct the activities and significant participation in the entity’s expected results that would not otherwise be consolidated based on control through voting interests. Further, the Company’s joint ventures are businesses established and maintained in connection with the Company’s operating strategy. All intercompany transactions and balances have been eliminated. On April 5, 2019, Cooper Tire & Rubber Company Vietnam Holding, LLC ("Cooper Vietnam"), a wholly-owned subsidiary of the Company, and Sailun (Vietnam) Co., Ltd. ("Sailun Vietnam") established a joint venture in Vietnam, ACTR Company Limited ("ACTR") to produce and sell truck and bus radial ("TBR") tires. The Company’s investment in the joint venture represents a 35 percent ownership interest and is accounted for under the equity method. The Company invested $49,001 into the joint venture in 2019. The new joint venture began commercially producing tires in 2020. Earnings per common share – Net income per share is computed on the basis of the weighted average number of common shares outstanding each period. When applicable, diluted earnings per share includes the dilutive effect of stock options and other stock units. The following table sets forth the computation of basic and diluted earnings per share: (Number of shares and dollar amounts in thousands except per share amounts) Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 Numerator Numerator for basic and diluted earnings per share - income from continuing operations available to common stockholders $ 122,604 $ 29,344 $ 104,798 $ 45,146 Denominator Denominator for basic earnings per share - weighted average shares outstanding 50,323 50,179 50,281 50,148 Effect of dilutive securities - stock options and other stock units 293 179 144 218 Denominator for diluted earnings per share - adjusted weighted average shares outstanding 50,616 50,358 50,425 50,366 Earnings per share: Basic $ 2.44 $ 0.58 $ 2.08 $ 0.90 Diluted 2.42 0.58 2.08 0.90 All options to purchase shares of the Company's common stock were included in the computation of diluted earnings per share at September 30, 2020 . Options not included in the computation of diluted earnings per share because the options’ exercise prices were greater than the average market price of the common shares were 77,215 at September 30, 2019 . Allowance for Credit Losses – In June 2016, the FASB issued ASU 2016-13, "Measurement of Credit Losses on Financial Instruments," which changes accounting requirements for the recognition of credit losses from an incurred or probable impairment methodology to a current expected credit losses (CECL) methodology. This standard is effective for interim and annual reporting periods beginning after December 15, 2019 and was adopted effective January 1, 2020. Trade receivables (including the allowance for credit losses) is the only financial instrument in scope for ASU 2016-13 currently held by the Company. In implementing the standard, the Company amended its policy to utilize an expected loss methodology based on credit risk in place of the incurred loss methodology based on aging. The Company's updated policy includes the regular review of its outstanding accounts receivable portfolio to assess risk and likelihood of credit loss. This review includes consideration of potential credit loss over the asset's contractual life, along with historical experience, current conditions and forecasts based on management's judgment. The Company also performs periodic credit evaluations of customers’ financial conditions in order to assess credit worthiness and maintain appropriate credit limits. Accounts receivable, net of the allowance for credit losses, are $568,937 and $544,257 as of September 30, 2020 and December 31, 2019 , respectively. The Company recorded provisions for credit losses for receivables of $11,037 and $8,109 at the same dates. The adoption of this standard did not materially impact the Company's condensed consolidated financial statements . Tariffs - The Company is subject to tariffs on the import of tires, raw materials and tire-manufacturing equipment in certain of the jurisdictions in which it operates. Tariff costs are included within inventory as they pertain to tires and raw materials, while tariffs on tire-manufacturing equipment are included as part of the cost of fixed assets. Material components of the Company's tariff costs include: • Passenger Car and Light Truck Tire Tariffs - Antidumping and countervailing duty investigations into certain passenger car and light truck tires imported from the People's Republic of China ("PRC") into the United States were initiated on July 14, 2014. The determinations announced in both investigations were affirmative and resulted in the imposition of significant additional duties from each. The rates are subject to review annually and a material change in the new rates could have a significant impact on the Company's results. • Truck and Bus Tire Tariffs – Antidumping and countervailing duty investigations into certain TBR tires imported from the PRC into the U.S. were initiated on January 29, 2016. On February 22, 2017, the International Trade Commission ("ITC") made a final determination that the U.S. market had not suffered material injury because of imports of TBR tires from the PRC. However, on November 1, 2018, the Court of International Trade ("CIT") remanded the case back to the ITC for reconsideration. On January 30, 2019, the ITC reversed its earlier decision and made an affirmative determination of material injury. On February 15, 2019, the determination was published in the Federal Register and countervailing duties of 42.16 percent were imposed on the Company's TBR tire imports into the U.S. from China. The ITC’s re-determination, along with comments from the parties regarding the re-determination, were filed with the CIT. The CIT affirmed the ITC re-determination on February 18, 2020. The rates are subject to review annually and a material change in the new rates could have a significant impact on the Company's results. • Section 301 Tariffs - Pursuant to Section 301: China’s Acts, Policies, and Practices Related to Technology Transfer, Intellectual Property, and Innovation, passenger, light truck and truck and bus tires, raw materials and tire-manufacturing equipment from the PRC imported into the U.S. became subject to additional 10 percent duties effective September 24, 2018. These tariffs increased to 25 percent effective May 10, 2019. • Duty Drawbacks - The enactment in December 2018 of the Modernized Drawback Final Rule under the Trade Enforcement and Trade Facilitation Act of 2015 expanded the Company's ability to recover Section 301 and Ad Valorem duties paid on goods imported into the US when such goods, or similar items, are subsequently exported. Recent Accounting Pronouncements Each change to U.S. GAAP is established by the Financial Accounting Standards Board (“FASB”) in the form of an accounting standards update (“ASU”) to the FASB’s Accounting Standards Codification (“ASC”). The Company considers the applicability and impact of all ASUs. Accounting Pronouncements – Recently adopted Fair Value Measurement In August 2018, the FASB issued ASU 2018-13, "Fair Value Measurement (Topic 820)," which removes, modifies and adds various disclosure requirements around the topic in order to clarify and improve the cost-benefit nature of disclosures. Such modifications to disclosures center around Level 3 fair value measurements and investments in entities that calculate net asset value. This standard is effective for interim and annual reporting periods beginning after December 15, 2019 and has been adopted by the Company effective January 1, 2020. The adoption of this standard did not materially impact the Company's condensed consolidated financial statements . Internal-Use Software In August 2018, the FASB issued ASU 2018-15, "Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40)," which aligns the requirements for capitalizing implementation costs incurred in a service contract hosting arrangement with those of developing or obtaining internal-use software. This standard is effective for interim and annual reporting periods beginning after December 15, 2019 and has been adopted prospectively by the Company effective January 1, 2020. Capitalization of implementation costs incurred in a service contract hosting arrangement affects Intangibles, net of accumulated amortization, Cost of products sold, and Selling, general, and administrative expense within the condensed consolidated financial statements. The adoption of this standard did not materially impact the Company's condensed consolidated financial statements . Accounting for Income Taxes On December 18, 2019, the FASB issued ASU 2019-12, "Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes," to, among other provisions, eliminate certain exceptions related to intra-period tax allocation and loss benefit limitations in interim periods, as well as certain rules pertaining to deferred taxes for equity method investees. This ASU also simplifies rules pertaining to franchise taxes and other taxes partially based on income, and changes the timing of when an entity recognizes effects of enacted tax law changes. This standard becomes effective in fiscal years beginning after December 15, 2020; however, the Company chose to early adopt in the period ended March 31, 2020. The adoption of this standard did not materially impact the Company's condensed consolidated financial statements . Accounting Pronouncements – To be adopted Defined Benefit Plans In August 2018, the FASB issued ASU 2018-14, "Compensation – Retirement Benefits – Defined Benefit Plans – General (Subtopic 715-20)," which removes, modifies and adds various disclosure requirements around the topic in order to clarify and improve the cost-benefit nature of disclosures. For example, disclosures around the effect of a one-percentage-point change in assumed health care costs will be removed and an explanation of the reasons for significant gains and losses related to changes in the benefit obligation for the period will be added. This standard is effective for fiscal years ending after December 15, 2020, and early adoption is permitted. These amendments must be applied on a retrospective basis for all periods presented. The Company is currently evaluating the impact the new standard will have on its condensed consolidated financial statements . Reference Rate Reform In March 2020, the FASB issued ASU 2020-04, "Reference Rate Reform (Topic 848)," which provides optional guidance for a limited time to ease the potential burden in accounting for reference rate reform. The new guidance provides optional expedients and exceptions for applying U.S. GAAP to contracts, hedging relationships and other transactions affected by reference rate reform if certain criteria are met. The amendments apply only to contracts and hedging relationships that reference LIBOR or another reference rate expected to be discontinued due to reference rate reform. These amendments are effective immediately and may be applied prospectively to contract modifications made and hedging relationships entered into or evaluated on or before December 31, 2022. The Company is currently evaluating its contracts and the optional expedients provided by the new standard and the impact it will have on the condensed consolidated financial statements .

COVID-19

COVID-19	9 Months Ended
	Sep. 30, 2020
Unusual or Infrequent Items, or Both [Abstract]
COVID-19	COVID-19 In March 2020, the World Health Organization categorized Coronavirus Disease 2019 (“COVID-19”) as a pandemic, and the President of the United States declared the COVID-19 outbreak a national emergency. The Company’s priorities during the COVID-19 pandemic have been protecting the health and safety of its employees, responsibilities to our broader communities, and commitments to our customers and other key stakeholders. The Company’s condensed consolidated financial statements reflect estimates and assumptions made by management that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and reported amounts of revenue and expenses during the reporting periods presented. The Company considered the impact of COVID-19 on the assumptions and estimates used and determined that there were no material adverse accounting impacts on the Company’s results of operations for the three and nine month periods ended September 30, 2020. Given the dynamic nature of the COVID-19 pandemic and related market conditions, the Company cannot reasonably estimate the period of time that these events will persist or the full extent of the impact they will have on the business. The Company continues to take actions designed to mitigate the adverse effects of this rapidly changing market environment. On March 27, 2020, the U.S. government enacted the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) which includes modifications to the limitation on business interest expense and net operating loss provisions, and provides a payment delay of employer payroll taxes during 2020 after the date of enactment. The Company's payment of employer payroll taxes after enactment otherwise due in 2020 will be delayed, with 50 percent due by December 31, 2021, and the remaining 50 percent by December 31, 2022. At September 30, 2020, the Company has deferred the remittance of $8,752 of employer taxes under the CARES Act and is reflected in the Company's Accrued liabilities in the Condensed Consolidated Balance Sheets. The Company continues to evaluate the potential applicability and related impact of the CARES Act. The CARES Act has had no further impact on the Company’s condensed consolidated financial statements at September 30, 2020 .

Restructuring

Restructuring	9 Months Ended
	Sep. 30, 2020
Discontinued Operations and Disposal Groups [Abstract]
Restructuring	Restructuring Reduction in Force In the second quarter of 2020, the Company announced a reduction in its workforce as a result of the Company's continuing evaluation of the skills and roles required for the Company to succeed and grow into the future. As a result of this action, the Company incurred severance and other related costs of $1,474 for the three month period ended June 30, 2020. No further expenses were incurred for the nine month period ended September 30, 2020. Corporacion de Occidente SA de CV On January 24, 2020, the Company acquired the remaining 41.57 percent noncontrolling ownership interest in Corporacion de Occidente SA de CV ("COOCSA"), making COOCSA a wholly-owned subsidiary in the Americas Segment. In this transaction, the Company acquired the remaining outstanding voting common stock of COOCSA for a total cash price of $54,500 . In addition, subsequent to the acquisition, payments of $15,984 were made to members of the prior joint venture workforce in connection with services rendered. In accordance with ASC 810, "Consolidation", the excess of the purchase price over the noncontrolling shareholder interest was recorded as a decrease to Capital in excess of par value to reflect the additional ownership. Payments to members of the joint venture workforce in connection with services rendered included $7,772 paid to members that were also shareholders of the non-controlling interest. This amount was also treated as part of the overall purchase price under ASC 810. In addition to the payments made to the joint venture workforce for services rendered, the Company also incurred $2,712 of other costs associated with the transaction. For the three month period ended March 31, 2020, the Company incurred restructuring expense of $10,930 related to the COOCSA acquisition. There were no further restructuring expenses for the nine month period ended September 30, 2020 . The three and nine month period costs related to the reduction in force and COOCSA acquisition are comprised of: Three Months Ended September 30, 2020 Nine Months Ended September 30, 2020 Reduction in force - severance $ — $ 1,250 Reduction in force - other — 224 Joint venture workforce services rendered — 8,218 Professional and other costs — 2,712 Total restructuring expense $ — $ 12,404 At September 30, 2020 , the Company's accrued restructuring balance is $461 , composed of accrued severance and other costs. The Company does not anticipate material further restructuring costs related to these events in 2020 . Cooper Tire Europe On January 17, 2019, Cooper Tire Europe, a wholly-owned subsidiary of the Company, committed to a plan to cease light vehicle tire production at its Melksham, U.K. facility, which is included in the International Segment. The phasing out of light vehicle tire production was substantially completed in the third quarter of 2019. Approximately 300 roles were eliminated at the site. Cooper Tire Europe now obtains light vehicle tires to meet customer needs from other production sites within the Company’s global production network. Approximately 400 roles remain in Melksham to support the functions that continue there, including motorsports and motorcycle tire production, a materials business, Cooper Tire Europe headquarters, sales and marketing, and the Europe Technical Center. Costs related to the decision to cease light vehicle tire production at the Melksham, U.K. facility were $811 for the quarter ended September 30, 2019 , $7,442 for the nine months ended September 30, 2019 and $8,315 for the full year ended December 31, 2019. In connection with this business realignment, a one-time payment from the U.S. to Serbia was made during the fourth quarter of 2019 in order to allow the Serbian operations to improve their financial standing and serve as a reliable and fully operational contract manufacturer for the U.S. Three Months Ended September 30, 2019 Nine Months Ended September 30, 2019 Melksham employee severance costs $ (411 ) $ 5,308 Asset write-downs & other costs 1,222 2,134 Total restructuring expense $ 811 $ 7,442 In addition to the items classified as restructuring expense, the Company incurred costs of $363 and $677 for the three and nine months ended September 30, 2019 as a result of Cooper Tire Europe's decision to cease light vehicle tire production at the Melksham facility. These additional costs relate to professional fees associated with the Company's evaluation of its legal entity structure moving forward and were included within selling, general and administrative expense. For the year ended December 31, 2019, the Company incurred $759 of additional costs within selling, general and administrative costs.

Revenue from Contracts with Cus

Revenue from Contracts with Customers	9 Months Ended
	Sep. 30, 2020
Revenue from Contract with Customer [Abstract]
Revenue from Contracts with Customers	Revenue from Contracts with Customers Accounting policy Revenue is measured based on the consideration specified in a contract with a customer and excludes any sales incentives or rebates. The Company recognizes revenue when it satisfies a performance obligation by transferring control over a product to a customer. This occurs with shipment or delivery, depending on the underlying terms with the customer. The transaction price will include estimates of variable consideration to the extent it is probable that a significant reversal of revenue recognized will not occur. At the time of sale, the Company estimates provisions for different forms of variable consideration (discounts and rebates) based on historical experience, current conditions and contractual obligations, as applicable. Payment terms with customers vary by region and customer, but are generally 30-90 days. The Company does not have significant financing components or significant payment terms. Incidental items that are immaterial in the context of the contract are expensed as incurred. Taxes assessed by a governmental authority that are both imposed on and concurrent with a specific revenue-producing transaction, that are collected by the Company from a customer, are excluded from revenue. Shipping and handling costs associated with outbound freight after control of a product has transferred to a customer are accounted for as a fulfillment cost and not as a separate performance obligation. Therefore, such items are accrued upon recognition of revenue. Nature of goods and services The following is a description of principal activities, separated by reportable segments, from which the Company generates its revenue. See Note 14 - Business Segments for additional details on the Company's reportable segments. The Company’s reportable segments have the following revenue characteristics: • Americas Tire Operations - The Americas Tire Operations segment manufactures and markets passenger car and light truck tires. The segment also markets and distributes racing, motorcycle and TBR tires. • International Tire Operations - The International Tire Operations segment manufactures and markets passenger car, light truck, motorcycle, racing and TBR tires and tire retread material for global markets. Disaggregation of revenue In the following tables, revenue is disaggregated by major market channel for the three and nine months ended September 30, 2020 and 2019 , respectively: Three Months Ended September 30, 2020 Americas International Eliminations Total Light Vehicle (1) $ 594,598 $ 108,416 $ (18,007 ) $ 685,007 Truck and bus radial 51,881 20,909 (18,834 ) 53,956 Other (2) 13,059 12,828 — 25,887 Net sales $ 659,538 $ 142,153 $ (36,841 ) $ 764,850 Nine Months Ended September 30, 2020 Americas International Eliminations Total Light Vehicle (1) $ 1,378,586 $ 252,724 $ (36,688 ) $ 1,594,622 Truck and bus radial 129,246 61,450 (58,089 ) 132,607 Other (2) 34,284 31,290 — 65,574 Net sales $ 1,542,116 $ 345,464 $ (94,777 ) $ 1,792,803 Three Months Ended September 30, 2019 Americas International Eliminations Total Light Vehicle (1) $ 537,711 $ 103,275 $ (16,651 ) $ 624,335 Truck and bus radial 51,187 17,973 (13,442 ) 55,718 Other (2) 13,059 11,022 — 24,081 Net sales $ 601,957 $ 132,270 $ (30,093 ) $ 704,134 Nine Months Ended September 30, 2019 Americas International Eliminations Total Light Vehicle (1) $ 1,508,374 $ 308,860 $ (57,594 ) $ 1,759,640 Truck and bus radial 151,045 65,561 (53,748 ) 162,858 Other (2) 39,782 40,148 — 79,930 Net sales $ 1,699,201 $ 414,569 $ (111,342 ) $ 2,002,428 (1) Light vehicle includes passenger car and light truck tires (2) Other includes motorcycle and racing tires, wheels, tire retread material, and other items Contract liabilities Contract liabilities relate to customer payments received in advance of shipment. As the Company does not generally have rights to consideration for work completed but not billed at the reporting date, the Company does not have any contract assets. Accounts receivable are not considered contract assets under the revenue standard as contract assets are conditioned upon the Company's future satisfaction of a performance obligation. Accounts receivable, in contrast, are unconditional rights to consideration. Significant changes in the contract liabilities balance, included within the Company's Accrued liabilities on the Condensed Consolidated Balance Sheets, during the nine months ended September 30, 2020 are as follows: Contract Liabilities Contract liabilities at beginning of year $ 1,080 Increases to deferred revenue for cash received in advance from customers 6,650 Decreases due to recognition of deferred revenue (6,303 ) Contract liabilities at September 30, 2020 $ 1,428 Transaction price allocated to remaining performance obligations For the three and nine months ended September 30, 2020 and 2019 , revenue recognized from performance obligations related to prior periods is not material . Revenue expected to be recognized in any future period related to remaining performance obligations, excluding revenue pertaining to contracts that have an original expected duration of one year or less, contracts where revenue is recognized as invoiced and contracts with variable consideration related to undelivered performance obligations, is not material . The Company applies the practical expedient in ASC 606 "Revenue from Contracts with Customers" and does not disclose information about remaining performance obligations that have original expected durations of one year or less.

Inventories

Inventories	9 Months Ended
	Sep. 30, 2020
Inventory Disclosure [Abstract]
Inventories	Inventories The Company uses the last-in, first-out ("LIFO") method for substantially all U.S. inventories. The current cost of the U.S. inventories under the first-in, first-out ("FIFO") method was $326,754 and $365,585 at September 30, 2020 and December 31, 2019 , respectively. These FIFO values have been reduced by approximately $47,771 and $87,616 at September 30, 2020 and December 31, 2019 , respectively, to arrive at the LIFO value reported on the Condensed Consolidated Balance Sheets . The Company's remaining inventories have been valued under the FIFO method. All LIFO inventories are valued at the lower of cost or market. All other inventories are stated at the lower of cost or net realizable value.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Income taxes For the three month period ended September 30, 2020 , the Company recorded income tax expense of $40,225 (effective tax rate of 24.6 percent ) compared to income tax expense of $7,721 (effective tax rate of 21.0 percent ) for the same period in 2019 . For the nine month period ended September 30, 2020 , the Company recorded income tax expense of $38,683 (effective tax rate of 26.7 percent ) compared to income tax expense of $19,908 (effective tax rate of 30.5 percent ) for the same period in 2019 . The Company's 2020 and 2019 three and nine month period provisions for income tax are calculated using a forecasted multi-jurisdictional annual effective tax rate to determine a blended annual effective tax rate. The Company is subject to the U.S. federal statutory rate of 21 percent. The effective tax rate for the three and nine month period ended September 30, 2020 differs from the U.S. federal statutory rate primarily due to the mix of projected earnings in international jurisdictions with differing tax rates and jurisdictions where valuation allowances are recorded. The effective tax rate for the nine month period ended September 30, 2020 includes $4,361 of additional unrecognized tax benefit related to the tax deductibility of certain business expenses incurred during the first quarter. The effective tax rates for the three and nine month periods ended September 30, 2019 differ from the U.S. federal statutory rate primarily due to net discrete tax benefit of $1,863 and net discrete tax expense of $2,522 recorded during the three and nine month periods, respectively, as well as the mix of projected earnings in international jurisdictions with differing tax rates and jurisdictions where valuation allowances are recorded. The Company continues to maintain valuation allowances pursuant to ASC 740, “Accounting for Income Taxes,” against portions of its U.S. and non-U.S. deferred tax assets at September 30, 2020 as it cannot assure the future realization of the associated tax benefits prior to their reversal or expiration. In the U.S., the Company has offset its net operating loss carryforward deferred tax asset by a valuation allowance of $1,378 . In addition, the Company has recorded valuation allowances of $25,400 related to non-U.S. net operating losses and other deferred tax assets for a total valuation allowance of $26,778 . In conjunction with the Company’s ongoing review of its actual results and anticipated future earnings, the Company will continue to reassess the possibility of releasing all or part of the valuation allowances currently in place when the associated deferred tax assets are deemed to be realizable. If the evidence suggests that deferred tax assets for these operations will more likely than not be able to be realized in the future, release of a portion or all of the valuation allowance in place for these entities could occur. Such release could materially impact the Company's effective tax rate in the period in which the release occurs. The Company maintains an ASC 740-10, “Accounting for Uncertainty in Income Taxes,” liability for unrecognized tax benefits. At September 30, 2020 , the liability, exclusive of penalty and interest, totals approximately $14,532 . During the nine month period ended September 30, 2020 , $4,361 of additional unrecognized tax benefit related to the tax deductibility of certain business expenses incurred and an immaterial amount of interest expense were accrued. The Company operates in multiple jurisdictions throughout the world and has effectively settled U.S. federal income tax examinations for tax years before 2017 , state and local income tax examinations for tax years before 2016 (with limited exceptions), and income tax examinations in its major foreign taxing jurisdictions for tax years before 2014 . Based upon the outcome of tax examinations, judicial proceedings, or expiration of statutes of limitations, it is possible that the ultimate resolution of the Company's unrecognized tax benefits may result in a payment that is materially different from the current estimate of the tax liabilities.

Debt

Debt	9 Months Ended
	Sep. 30, 2020
Debt Disclosure [Abstract]
Debt	Debt On June 27, 2019, the Company amended its revolving credit facility ("Credit Facility") with a consortium of several banks to provide up to $700,000 and is set to expire in June 2024 . Of this amended borrowing capacity, $200,000 was allocated to a Delayed Draw Term Loan A ("Term Loan A"), while the remaining $500,000 was allocated to the Credit Facility. The Term Loan A funds were drawn in December 2019 and used primarily to pay for the unsecured notes which matured at that time. The Credit Facility also includes a $110,000 letter of credit sub-facility. The Company may elect, with lender consent, to increase the commitments under the Credit Facility or incur one or more tranches of term loans in an aggregate amount of up to $300,000 (or an unlimited increase if the Proforma Secured Net Leverage Ratio is less than 1.75 x). The Company may elect to add certain foreign subsidiaries as additional borrowers under the Credit Facility, subject to the satisfaction of certain conditions. On July 11, 2019 , the Company entered into forward-starting interest rate swaps to effectively hedge the cash flow exposure associated with the Company's Term Loan A variable-rate borrowings. See Note 8 - Fair Value Measurement for further information. The Company has an accounts receivable securitization facility that provides up to $150,000 based on available collateral and expires in February 2021 . Pursuant to the terms of the facility, the Company is permitted to sell certain of its domestic trade receivables on a continuous basis to its wholly-owned, bankruptcy-remote subsidiary, Cooper Receivables LLC (“CRLLC”). In turn, CRLLC may sell an undivided ownership interest in the purchased trade receivables, without recourse, to a PNC Bank administered, asset-backed commercial paper conduit. The accounts receivable securitization facility has no significant financial covenants until available credit is less than specified amounts. The Company is evaluating renewal, modification or replacement of this facility prior to expiration. The Company had no borrowings under the revolving credit facility or the accounts receivable securitization facility at September 30, 2020 or December 31, 2019 . Amounts used to secure letters of credit totaled $23,539 at September 30, 2020 and $21,651 at December 31, 2019 . The Company’s additional borrowing capacity, net of borrowings and amounts used to back letters of credit, and based on eligible collateral through use of its Credit Facility with its bank group and its accounts receivable securitization facility at September 30, 2020 , was $574,561 . The Company’s consolidated operations in Asia have renewable unsecured credit lines that provide up to $65,342 of borrowings and do not contain financial covenants. The additional borrowing capacity on the Asian credit lines, based on eligible collateral and the short-term notes payable, totaled $60,920 at September 30, 2020 . On May 15, 2020, the Company entered into equipment financing arrangements in the amount of $31,142 . The equipment financings, which are wholly-secured by manufacturing equipment within the Company's U.S. operations, are due in equal monthly installments through maturity in 2025. The equipment financing includes interest at 3.05 percent and contain no significant financial covenants. On September 24, 2020, the Company entered into an aircraft lease agreement commencing in the first quarter of 2021. This new aircraft lease will replace the Company's existing aircraft lease, which expires in March, 2021. As part of this agreement, the Company signed an $11,000 promissory note that will be discharged upon the lease commencement. This non-cash transaction is reflected as an increase to Other assets and Short-term borrowings at September 30, 2020 , and will be reclassified to Operating lease right-of-use asset and Operating lease liability upon lease commencement. The promissory note includes interest at 1.65 percent and contains no significant financial covenants. The following is a summary of the Company's debt and finance leases as of September 30, 2020 and December 31, 2019 . Principal Balance Weighted Average Interest Rate Principal Balance Weighted Average Interest Rate Current Long-Term Current Long-Term Maturity Date September 30, 2020 December 31, 2019 Promissory Note February, 2021 $ 11,000 $ — 1.645% $ — $ — n/a Asia short term notes Various maturities 4,422 — 3.915% 12,296 — 4.701% 15,422 — 12,296 — Term loan A June, 2024 11,250 178,750 2.025% 10,000 187,500 3.300% Unsecured notes March, 2027 — 116,880 7.625% — 116,880 7.625% Equipment financing May, 2025 6,003 23,179 3.050% — — n/a Finance leases and other Various maturities 5,670 1,690 1.618% 265 5,998 2.613% 22,923 320,499 10,265 310,378 Less, Unamortized debt issuance costs — 1,061 — 1,230 $ 38,345 $ 319,438 $ 22,561 $ 309,148 Additional Credit Capacity at September 30, 2020 Credit Facility $ 500,000 Accounts receivable securitization facility 150,000 Asia short term notes 65,342 715,342 Less, amounts used to secure letters of credit and other unavailable funds 79,861 $ 635,481 The Company’s revolving credit facilities contain restrictive covenants which limit or preclude certain actions based upon the measurement of certain financial covenant metrics. However, the covenants are structured such that the Company expects to have sufficient flexibility to conduct its operations. The Company was in compliance with all of its debt covenants as of September 30, 2020 .

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2020
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Derivative financial instruments are utilized by the Company to reduce foreign currency exchange risks. The Company has established policies and procedures for risk assessment and the approval, reporting and monitoring of derivative financial instrument activities. The Company does not enter into financial instruments for trading or speculative purposes. The derivative financial instruments include non-designated and cash flow hedges of foreign currency exposures. The change in values of the non-designated foreign currency hedges offset the exchange rate fluctuations related to assets and liabilities recorded on the Condensed Consolidated Balance Sheets. The cash flow hedges offset exchange rate fluctuations on the foreign currency-denominated intercompany loans and forecasted cash flows. The Company presently hedges exposures in various currencies, generally for transactions expected to occur within the next 12 months . Additionally, the Company utilizes cash flow hedges that hedge already recognized intercompany loans with maturities of up to one year . The notional amount of these foreign currency derivative instruments at September 30, 2020 and December 31, 2019 was $118,330 and $167,915 , respectively. The counterparties to each of these agreements are major commercial banks. The Company uses non-designated foreign currency forward contracts to hedge its net foreign currency monetary assets and liabilities primarily resulting from non-functional currency denominated receivables and payables of certain U.S. and foreign entities. Foreign currency forward contracts are also used to hedge variable cash flows associated with forecasted sales and purchases denominated in currencies that are not the functional currency of certain entities. The forward contracts have maturities of less than twelve months pursuant to the Company’s policies and hedging practices. These forward contracts meet the criteria for and have been designated as cash flow hedges. Accordingly, the effective portion of the change in fair value of such forward contracts of $(129) and $(1,033) as of September 30, 2020 and December 31, 2019 , respectively, are recorded as a separate component of stockholders’ equity in the accompanying Condensed Consolidated Balance Sheets and reclassified into earnings as the hedged transactions occur. The Company utilizes cross-currency interest rate swaps to hedge the principal and interest repayment of some intercompany loans. The Company also utilizes designated foreign currency forward contracts to hedge the principal amounts of certain intercompany loans. The fair value of these contracts is $(1,366) and $(994) at September 30, 2020 and December 31, 2019 , respectively. These contracts have maturities of up to one year and meet the criteria for and have been designated as cash flow hedges. Spot to spot changes are recorded in income and all other effective changes are recorded as a separate component of stockholders' equity. The Company assesses hedge effectiveness prospectively and retrospectively, based on regression of the change in foreign currency exchange rates. Time value of money is included in effectiveness testing. On July 11, 2019 , in order to hedge its Term Loan A variable rate debt, with an interest rate indexed to LIBOR plus 150 basis points, the Company entered into forward-starting interest rate swaps with effective dates of December 2, 2019 and termination dates of June 27, 2024. The initial notional amount of these swaps is $200,000 and decreases quarterly by varying amounts over the life of the swaps, in accordance with the Term Loan A repayment schedule. For the three and nine months ending September 30, 2020 , net payments have been made in the amount of $763 and $ 1,370 , respectively. The interest rate swaps effectively fix the variable interest rate component on the notional amount of these swaps at 1.720 percent . The swaps qualify for hedge accounting and, therefore, changes in the fair value of the swaps have been recorded in accumulated other comprehensive income in the amount of $(9,443) and $(1,032) at September 30, 2020 and December 31, 2019. The Company assesses hedge effectiveness prospectively and retrospectively, based on regression of the period to period change in swap and hedged item values. The derivative instruments are subject to master netting arrangements with the counterparties to the contracts. The following table presents the location and amounts of derivative instrument fair values in the Condensed Consolidated Balance Sheets : Assets/(liabilities) September 30, 2020 December 31, 2019 Designated as hedging instruments: Gross amounts recognized $ (11,128 ) $ (3,208 ) Gross amounts offset 190 149 Net amounts $ (10,938 ) $ (3,059 ) Not designated as hedging instruments: Gross amounts recognized $ (450 ) $ (1,118 ) Gross amounts offset 129 76 Net amounts $ (321 ) $ (1,042 ) Net amounts presented: Accrued liabilities $ (4,758 ) $ (2,420 ) Other long-term liabilities (6,501 ) (1,681 ) The following table presents the location and amount of gains and losses on derivative instruments designated as cash flow hedges in the Condensed Consolidated Statements of Income : Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 Amount of Loss Recognized in Other Comprehensive Income (Loss) on Derivatives $ (658 ) $ (1,164 ) $ (6,753 ) $ (2,714 ) Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income (Loss) into Income Net sales $ 190 $ 143 $ 972 $ 998 Interest expense (31 ) (30 ) (90 ) (94 ) Other non-operating income (expense) (831 ) 775 (526 ) 775 $ (672 ) $ 888 $ 356 $ 1,679 The following table presents the location and amount of gains and losses on foreign exchange contract derivatives not designated as hedging instruments in the Condensed Consolidated Statements of Income . Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 Other non-operating income (expense) $ (2,520 ) $ 2,120 $ 2,819 $ 1,490 The Company has categorized its financial instruments, based on the priority of the inputs to the valuation technique, into the three-level fair value hierarchy. The fair value hierarchy gives the highest priority to quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). If the inputs used to measure the financial instruments fall within the different levels of the hierarchy, the categorization is based on the lowest level input that is significant to the fair value measurement of the instrument. Financial assets and liabilities recorded on the Condensed Consolidated Balance Sheets are categorized based on the inputs to the valuation techniques as follows: Level 1. Financial assets and liabilities whose values are based on unadjusted quoted prices for identical assets or liabilities in an active market that the Company has the ability to access. Level 2. Financial assets and liabilities whose values are based on quoted prices in markets that are not active or model inputs that are observable either directly or indirectly for substantially the full term of the asset or liability. Level 2 inputs include the following. a. Quoted prices for similar assets or liabilities in active markets; b. Quoted prices for identical or similar assets or liabilities in non-active markets; c. Pricing models whose inputs are observable for substantially the full term of the asset or liability; and d. Pricing models whose inputs are derived principally from or corroborated by observable market data through correlation or other means for substantially the full term of the asset or liability. Level 3. Financial assets and liabilities whose values are based on prices or valuation techniques that require inputs that are both unobservable and significant to the overall fair value measurement. These inputs reflect management’s own assumptions about the assumptions a market participant would use in pricing the asset or liability. The valuation of foreign currency derivative instruments was determined using widely accepted valuation techniques. This analysis reflected the contractual terms of the derivatives, including the period to maturity, and used observable market-based inputs, including forward points. The Company incorporated credit valuation adjustments to appropriately reflect both its own nonperformance risk and the respective counterparty’s nonperformance risk in the fair value measurements. Although the Company determined that the majority of the inputs used to value its derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with its derivatives utilize Level 3 inputs, such as current credit ratings, to evaluate the likelihood of default by itself and its counterparties. However, as of September 30, 2020 and December 31, 2019 , the Company assessed the significance of the impact of the credit valuation adjustments on the overall valuation of its derivative positions and determined that the credit valuation adjustments were not significant to the overall valuation of its derivatives. As a result, the Company determined that its derivative valuations in their entirety were to be classified in Level 2 of the fair value hierarchy. The valuation of stock-based liabilities was determined using the Company's stock price, and as a result, these liabilities are classified in Level 1 of the fair value hierarchy. The following table presents the Company’s fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of September 30, 2020 and December 31, 2019 : September 30, 2020 Total (Liabilities) Quoted Prices Significant Significant Foreign Currency Derivative $ (1,816 ) $ — $ (1,816 ) $ — Interest Rate Swaps (9,443 ) — (9,443 ) — Stock-based Liabilities (14,656 ) (14,656 ) — — December 31, 2019 Total Liabilities Quoted Prices in Active Markets for Identical Assets Level (1) Significant Other Observable Inputs Level (2) Significant Unobservable Inputs Level (3) Foreign Currency Derivative $ (3,069 ) $ — $ (3,069 ) $ — Interest Rate Swaps (1,032 ) — (1,032 ) — Stock-based Liabilities (14,971 ) (14,971 ) — — The fair value of Cash and cash equivalents , Notes receivable , restricted cash included in Other current assets , Other assets, Short-term borrowings and Current portion of long-term debt and finance leases at September 30, 2020 and December 31, 2019 are equal to their corresponding carrying values as reported on the Condensed Consolidated Balance Sheets as of September 30, 2020 and December 31, 2019 , respectively. Each of these classes of assets and liabilities is classified within Level 1 of the fair value hierarchy. The fair value of Long-term debt and finance leases is $337,599 and $325,578 at September 30, 2020 and December 31, 2019 , respectively, and is classified within Level 2 of the fair value hierarchy. The carrying value of Long-term debt and finance leases is $320,499 and $310,378 as reported in the Debt footnote as of September 30, 2020 and December 31, 2019 , respectively.

Pensions and Postretirement Ben

Pensions and Postretirement Benefits Other than Pensions	9 Months Ended
	Sep. 30, 2020
Retirement Benefits [Abstract]
Pensions and Postretirement Benefits Other than Pensions	Pensions and Postretirement Benefits Other than Pensions The following tables disclose the amount of net periodic benefit costs for the three and nine months ended September 30, 2020 and 2019 , respectively, for the Company’s defined benefit plans and other postretirement benefits: Pension Benefits - Domestic Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 Components of net periodic benefit cost: Service cost $ 2,552 $ 2,244 $ 7,600 $ 6,732 Interest cost 8,279 9,875 24,865 29,624 Expected return on plan assets (13,799 ) (11,741 ) (41,800 ) (35,776 ) Amortization of actuarial loss 8,095 8,279 23,420 24,843 Amortization of prior service cost 353 — 898 — Net periodic benefit cost $ 5,480 $ 8,657 $ 14,983 $ 25,423 Pension Benefits - International Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 Components of net periodic benefit cost: Interest cost $ 2,120 $ 2,669 $ 6,255 $ 8,273 Expected return on plan assets (2,240 ) (2,788 ) (6,609 ) (8,642 ) Amortization of actuarial loss 1,044 898 3,081 2,782 Amortization of prior service cost 67 — 197 — Net periodic benefit cost $ 991 $ 779 $ 2,924 $ 2,413 Other Post Retirement Benefits Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 Components of net periodic benefit cost: Service cost $ 360 $ 393 $ 1,080 $ 1,180 Interest cost 1,830 2,472 5,490 7,414 Amortization of actuarial gain (106 ) — (318 ) — Amortization of prior service credit (22 ) (102 ) (66 ) (306 ) Net periodic benefit cost $ 2,062 $ 2,763 $ 6,186 $ 8,288 At March 31, 2020 , an amendment to a domestic pension plan resulted in a retroactive increase in benefit levels for plan participants and has been accounted for as a prior service cost deferred in Other comprehensive loss, to be amortized as a component of net periodic benefit cost in future periods. As a result of the amendment, the domestic pension plan projected benefit obligation increased $2,582 as of March 31, 2020. The Company has no minimum funding requirements for its domestic pension plans in 2020. Due to the potential impact of COVID-19 and related plans to manage capital resources, the Company currently intends to make voluntary contributions to its domestic pension plans of $4,000 during 2020.

Stockholders' Equity

Stockholders' Equity	9 Months Ended
	Sep. 30, 2020
Equity [Abstract]
Stockholders' Equity	Stockholders’ Equity The following tables provide a quarterly reconciliation of the equity accounts attributable to Cooper Tire & Rubber Company and to the noncontrolling shareholders' interests for the year to date as of September 30, 2020 and 2019 : Common Stock $1 Par Value Capital in Excess of Par Value Retained Earnings Cumulative Other Comprehensive (Loss) Income Common Shares in Treasury Total Parent Stockholders’ Equity Noncontrolling Shareholders’ Interests in Consolidated Subsidiary Total Stockholders’ Equity Balance at December 31, 2019 $ 87,850 $ 22,175 $ 2,524,963 $ (447,580 ) $ (922,783 ) $ 1,264,625 $ 63,108 $ 1,327,733 Net (loss) income — — (11,591 ) — — (11,591 ) 274 (11,317 ) Other comprehensive loss, excluding currency loss charged to equity as part of acquisition of noncontrolling shareholder interest — — — (52,682 ) — (52,682 ) (544 ) (53,226 ) Stock compensation plans — (1,235 ) (43 ) — 1,377 99 — 99 Cash dividends - 0.105 per share — — (5,277 ) — — (5,277 ) — (5,277 ) Acquisition of noncontrolling shareholders' interest — (5,714 ) — (11,748 ) — (17,462 ) (44,810 ) (62,272 ) Balance at March 31, 2020 $ 87,850 $ 15,226 $ 2,508,052 $ (512,010 ) $ (921,406 ) $ 1,177,712 $ 18,028 $ 1,195,740 Net (loss) income — — (6,215 ) — — (6,215 ) 572 (5,643 ) Other comprehensive income — — — 10,855 — 10,855 89 10,944 Stock compensation plans — 1,707 — — — 1,707 — 1,707 Cash dividends - 0.105 per share — — (5,277 ) — — (5,277 ) — (5,277 ) Balance at June 30, 2020 $ 87,850 $ 16,933 $ 2,496,560 $ (501,155 ) $ (921,406 ) $ 1,178,782 $ 18,689 $ 1,197,471 Net income — — 122,604 — $ — 122,604 519 123,123 Other comprehensive income — — — 28,169 — 28,169 1,315 29,484 Stock compensation plans — 2,349 (10 ) — 1,499 3,838 — 3,838 Cash dividends - 0.105 per share — — (5,286 ) — — (5,286 ) — (5,286 ) Balance at September 30, 2020 $ 87,850 $ 19,282 $ 2,613,868 $ (472,986 ) $ (919,907 ) $ 1,328,107 $ 20,523 $ 1,348,630 Common Stock $1 Par Value Capital in Excess of Par Value Retained Earnings Cumulative Other Comprehensive (Loss) Income Common Shares in Treasury Total Parent Stockholders’ Equity Noncontrolling Shareholders’ Interests in Consolidated Subsidiary Total Stockholders’ Equity Balance at December 31, 2018 $ 87,850 $ 21,124 $ 2,449,714 $ (461,589 ) $ (925,056 ) $ 1,172,043 $ 60,400 $ 1,232,443 Net income — — 6,980 — — 6,980 200 7,180 Other comprehensive income — — — 13,170 — 13,170 980 14,150 Stock compensation plans — (1,579 ) (64 ) — 1,353 (290 ) — (290 ) Cash dividends - 0.105 per share — — (5,262 ) — — (5,262 ) — (5,262 ) Balance at March 31, 2019 $ 87,850 $ 19,545 $ 2,451,368 $ (448,419 ) $ (923,703 ) $ 1,186,641 $ 61,580 $ 1,248,221 Net income — — 8,821 — — 8,821 437 9,258 Other comprehensive income (loss) — — — 637 — 637 (340 ) 297 Stock compensation plans — 1,292 (111 ) — 336 1,517 — 1,517 Cash dividends - 0.105 per share — — (5,267 ) — — (5,267 ) — (5,267 ) Balance at June 30, 2019 $ 87,850 $ 20,837 $ 2,454,811 $ (447,782 ) $ (923,367 ) $ 1,192,349 $ 61,677 $ 1,254,026 Net income (loss) — — 29,344 — — 29,344 (336 ) 29,008 Other comprehensive loss — — — (7,991 ) — (7,991 ) (1,988 ) (9,979 ) Stock compensation plans — 637 (208 ) — 249 678 — 678 Cash dividends - 0.105 per share — — (5,270 ) — — (5,270 ) — (5,270 ) Balance at September 30, 2019 $ 87,850 $ 21,474 $ 2,478,677 $ (455,773 ) $ (923,118 ) $ 1,209,110 $ 59,353 $ 1,268,463

Changes in Accumulated Other Co

Changes in Accumulated Other Comprehensive (Loss) Income by Component	9 Months Ended
	Sep. 30, 2020
Stockholders' Equity Note [Abstract]
Changes in Accumulated Other Comprehensive (Loss) Income by Component	Changes in Accumulated Other Comprehensive (Loss) Income by Component The following tables provide a quarterly reconciliation of each component of Accumulated other comprehensive (loss) income: Cumulative Translation Adjustment Derivative Instruments Post- retirement Benefits Total Ending Balance, December 31, 2019 $ (58,186 ) $ (549 ) $ (388,845 ) $ (447,580 ) Other comprehensive (loss) income before reclassifications (48,998 ) (3,601 ) (31,490 ) (84,089 ) Foreign currency translation effect — — 4,708 4,708 Income tax effect — 984 7,857 8,841 Amount reclassified from accumulated other comprehensive (loss) income Cash flow hedges — (510 ) — (510 ) Amortization of prior service cost — — 236 236 Amortization of actuarial losses — — 8,149 8,149 Income tax effect — 53 (1,818 ) (1,765 ) Other comprehensive loss (48,998 ) (3,074 ) (12,358 ) (64,430 ) Ending Balance, March 31, 2020 $ (107,184 ) $ (3,623 ) $ (401,203 ) $ (512,010 ) Other comprehensive income (loss) before reclassifications 5,650 (2,494 ) — 3,156 Foreign currency translation effect — — 91 91 Income tax effect — 616 — 616 Amount reclassified from accumulated other comprehensive (loss) income Cash flow hedges — (518 ) — (518 ) Amortization of prior service cost — — 395 395 Amortization of actuarial losses — — 9,001 9,001 Income tax effect — 192 (2,078 ) (1,886 ) Other comprehensive income (loss) 5,650 (2,204 ) 7,409 10,855 Ending Balance, June 30, 2020 $ (101,534 ) $ (5,827 ) $ (393,794 ) $ (501,155 ) Other comprehensive (loss) income before reclassifications 23,637 (658 ) — 22,979 Foreign currency translation effect — — (2,867 ) (2,867 ) Income tax effect — 6 — 6 Amount reclassified from accumulated other comprehensive (loss) income Cash flow hedges — 672 — 672 Amortization of prior service cost — — 398 398 Amortization of actuarial losses — — 9,033 9,033 Income tax effect — 26 (2,078 ) (2,052 ) Other comprehensive income 23,637 46 4,486 28,169 Ending Balance, September 30, 2020 $ (77,897 ) $ (5,781 ) $ (389,308 ) $ (472,986 ) Cumulative Translation Adjustment Derivative Instruments Post- retirement Benefits Total Ending Balance, December 31, 2018 $ (62,133 ) $ 2,150 $ (401,606 ) $ (461,589 ) Other comprehensive income (loss) before reclassifications 8,328 (1,183 ) — 7,145 Foreign currency translation effect — — (1,460 ) (1,460 ) Income tax effect — 245 — 245 Amount reclassified from accumulated other comprehensive income (loss) Cash flow hedges — 62 — 62 Amortization of prior service credit — — (102 ) (102 ) Amortization of actuarial losses — — 9,233 9,233 Income tax effect — 88 (2,041 ) (1,953 ) Other comprehensive income (loss) 8,328 (788 ) 5,630 13,170 Ending Balance, March 31, 2019 $ (53,805 ) $ 1,362 $ (395,976 ) $ (448,419 ) Other comprehensive (loss) income before reclassifications (6,994 ) (367 ) — (7,361 ) Foreign currency translation effect — — 1,429 1,429 Income tax effect — 226 — 226 Amount reclassified from accumulated other comprehensive (loss) income Cash flow hedges — (853 ) — (853 ) Amortization of prior service credit — — (102 ) (102 ) Amortization of actuarial losses — — 9,215 9,215 Income tax effect — 124 (2,041 ) (1,917 ) Other comprehensive (loss) income (6,994 ) (870 ) 8,501 637 Ending Balance, June 30, 2019 $ (60,799 ) $ 492 $ (387,475 ) $ (447,782 ) Other comprehensive (loss) income before reclassifications (15,704 ) (1,164 ) — (16,868 ) Foreign currency translation effect — — 2,201 2,201 Income tax effect — 476 — 476 Amount reclassified from accumulated other comprehensive (loss) income Cash flow hedges — (888 ) — (888 ) Amortization of prior service credit — — (102 ) (102 ) Amortization of actuarial losses — — 9,177 9,177 Income tax effect — 54 (2,041 ) (1,987 ) Other comprehensive (loss) income (15,704 ) (1,522 ) 9,235 (7,991 ) Ending Balance, September 30, 2019 $ (76,503 ) $ (1,030 ) $ (378,240 ) $ (455,773 )

Comprehensive Income (Loss) Att

Comprehensive Income (Loss) Attributable to Noncontrolling Shareholders' Interests	9 Months Ended
	Sep. 30, 2020
Equity [Abstract]
Comprehensive Income (Loss) Attributable to Noncontrolling Shareholders' Interests	Comprehensive Income (Loss) Attributable to Noncontrolling Shareholders’ Interests The following table provides the details of the comprehensive income (loss) attributable to noncontrolling shareholders' interests: Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 Net income (loss) attributable to noncontrolling shareholders’ interests $ 519 $ (336 ) $ 1,365 $ 301 Other comprehensive income (loss): Currency translation adjustments 1,315 (1,988 ) 860 (1,348 ) Comprehensive income (loss) attributable to noncontrolling shareholders’ interests $ 1,834 $ (2,324 ) $ 2,225 $ (1,047 )

Contingent Liabilities

Contingent Liabilities	9 Months Ended
	Sep. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
Contingent Liabilities	Contingent Liabilities Product Liability Claims The Company is a defendant in various product liability claims brought in numerous jurisdictions in which individuals seek damages resulting from motor vehicle accidents allegedly caused by defective tires manufactured by the Company. Each of the product liability claims faced by the Company generally involves different types of tires and circumstances surrounding the accident such as different applications, vehicles, speeds, road conditions, weather conditions, driver error, tire repair and maintenance practices, service life conditions, as well as different jurisdictions and different injuries. In addition, in many of the Company’s product liability lawsuits the plaintiff alleges that his or her harm was caused by one or more co-defendants who acted independently of the Company. Accordingly, both the claims asserted and the resolutions of those claims have an enormous amount of variability. The aggregate amount of damages asserted at any point in time is not determinable since often times when claims are filed, the plaintiffs do not specify the amount of damages. Even when there is an amount alleged, at times the amount is wildly inflated and has no rational basis. The fact that the Company is a defendant in product liability lawsuits is not surprising given the current litigation climate, which is largely confined to the United States. However, the fact that the Company is subject to claims does not indicate that there is a quality issue with the Company’s tires. The Company sells approximately 30 to 35 million passenger car, light truck, sport utility vehicle, TBR and motorcycle tires per year in North America. The Company estimates that approximately 300 million Company-produced tires made up of thousands of different specifications are still on the road in North America. While tire disablements do occur, it is the Company’s and the tire industry’s experience that the vast majority of tire failures relate to service-related conditions, which are entirely out of the Company’s control, such as failure to maintain proper tire pressure, improper maintenance, improper repairs, and road hazard, and excessive speed. The Company accrues costs for product liability at the time a loss is probable and the amount of loss can be estimated. The Company believes the probability of loss can be established and the amount of loss can be estimated only after certain minimum information is available, including verification that Company-produced product was involved in the incident giving rise to the claim, the condition of the product purported to be involved in the claim, the nature of the incident giving rise to the claim and the extent of the purported injury or damages. In cases where such information is known, each product liability claim is evaluated based on its specific facts and circumstances. A judgment is then made to determine the requirement for establishment or revision of an accrual for any potential liability. Adjustments to estimated reserves are recorded in the period in which the change in estimate occurs. The liability often cannot be determined with precision until the claim is resolved. Pursuant to ASC 450 "Contingencies," the Company accrues the minimum liability for each known claim when the estimated outcome is a range of probable loss and no one amount within that range is more likely than another. The Company uses a range of losses because an average cost would not be meaningful since the product liability claims faced by the Company are unique and widely variable, and accordingly, the resolutions of those claims have an enormous amount of variability. The costs have ranged from zero dollars to $33 million in one case with no “average” that is meaningful. No specific accrual is made for individual unasserted claims or for premature claims, asserted claims where the minimum information needed to evaluate the probability of a liability is not yet known. However, an accrual for such claims based, in part, on management’s expectations for future litigation activity and the settled claims history is maintained. The Company periodically reviews such estimates and any adjustments for changes in reserves are recorded in the period in which the change in estimate occurs. Because of the speculative nature of litigation in the U.S., the Company does not believe a meaningful aggregate range of potential loss for asserted and unasserted claims can be determined. While the Company believes its reserves are reasonably stated, it is possible an individual claim from time to time may result in an aberration from the norm and could have a material impact. The time frame for the payment of a product liability claim is too variable to be meaningful. From the time a claim is filed to its ultimate disposition depends on the unique nature of the case, how it is resolved - claim dismissed, negotiated settlement, trial verdict or appeals process - and is highly dependent on jurisdiction, specific facts, the plaintiff’s attorney, the court’s docket and other factors. Given that some claims may be resolved in weeks and others may take five years or more, it is impossible to predict with any reasonable reliability the time frame over which the accrued amounts may be paid. The Company regularly reviews the probable outcome of outstanding legal proceedings and the availability and limits of insurance coverage, and accrues for such legal proceedings at the time a loss is probable and the amount of the loss can be estimated. As part of its regular review, the Company monitors trends that may affect its ultimate liability and analyzes developments and variables likely to affect pending and anticipated claims against the Company and the reserves for such claims. The Company utilizes claims experience, as well as trends and developments in the litigation climate, in estimating its required accrual. Based on the Company's review completed in the third quarter of 2020, the Company recorded a benefit of $48,764 . This benefit reflects a reduction in the Company's estimate of the volume of anticipated product liability claims, as well as adjustments to existing reserves based upon settled claims history. As a result of the Company's review, coupled with normal activity, including the addition of another quarter of self-insured incidents, settlements and changes in the amount of reserves, the Company decreased its accrual to $92,311 at September 30, 2020 , compared to $117,219 at December 31, 2019 . The addition of another nine months of self-insured incidents through September 30, 2020 accounted for an increase of $28,048 in the Company's product liability reserve. Settlements, changes in the amount of reserves for cases where sufficient information is known to estimate a liability, and changes in assumptions, including the estimate of anticipated claims and settlement values, decreased the liability by $48,309 at September 30, 2020 . The Company paid $4,647 during the first nine months of 2020 to resolve cases and claims. The Company’s product liability reserve balance at September 30, 2020 totaled $92,311 (the current portion of $18,418 is included in Accrued liabilities and the long-term portion is included in Other long-term liabilities on the Condensed Consolidated Balance Sheets ), and the balance at December 31, 2019 totaled $117,219 (current portion of $25,366 ). The product liability expense reported by the Company includes amortization of insurance premium costs, adjustments to settlement reserves and legal costs incurred in defending claims against the Company. Legal costs are expensed as incurred and product liability insurance premiums are amortized over coverage periods. Product liability expenses are included in Cost of products sold in the Condensed Consolidated Statements of Income . For the three and nine months ended September 30, 2020 and 2019 , respectively, product liability (benefit) expense was as follows: Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 Product liability (benefit) expense $ (35,352 ) $ 4,866 $ (12,330 ) $ 28,397

Business Segments

Business Segments	9 Months Ended
	Sep. 30, 2020
Segment Reporting [Abstract]
Business Segments	Business Segments The Company has four segments under ASC 280, "Segments": • North America, composed of the Company’s operations in the United States and Canada; • Latin America, composed of the Company’s operations in Mexico, Central America and South America; • Europe; and • Asia. North America and Latin America meet the criteria for aggregation in accordance with ASC 280, as they are similar in their production and distribution processes and exhibit similar economic characteristics. The aggregated North America and Latin America segments are presented as “Americas Tire Operations” in the segment disclosure. The Americas Tire Operations segment manufactures and markets passenger car and light truck tires, primarily for sale in the U.S. replacement market. The segment also has a manufacturing operation in Mexico, COOCSA, which supplies passenger car and light truck tires to the Mexican, North American, Central American and South American markets. On January 24, 2020, the Company acquired the remaining noncontrolling ownership interest in COOCSA, making COOCSA a wholly-owned subsidiary. The segment also markets and distributes racing, TBR and motorcycle tires. The racing and motorcycle tires are manufactured by the Company’s European segment and by others. TBR tires are sourced from GRT and ACTR, and through off-take agreements with Prinx Chengshan (Shandong) Tire Company Ltd. ("PCT"), through mid-2021, and Sailun Vietnam, through December 31, 2020. Major distribution channels and customers include independent tire dealers, wholesale distributors, regional and national retail tire chains, large retail chains that sell tires as well as other automotive products, mass merchandisers and digital channels. The segment does not currently sell its products directly to end users, except through three Company-owned retail stores. The segment sells a limited number of tires to OEMs. Both the Europe and Asia segments have been determined to be individually immaterial, as they do not meet the quantitative requirements for segment disclosure under ASC 280. In accordance with ASC 280, information about operating segments that are not reportable shall be combined and disclosed in an all other category separate from other reconciling items. As a result, these two segments have been combined in the segment operating results discussion. The results of the combined Europe and Asia segments are presented as “International Tire Operations.” The European operations include manufacturing operations in the U.K. and Serbia. The U.K. entity manufactures and markets motorcycle and racing tires and tire retread material for domestic and global markets. The Serbian entity manufactures passenger car and light truck tires primarily for the European markets and for export to the North American segment. The Asian operations are located in the PRC and Vietnam. Cooper Kunshan Tire manufactures passenger car and light truck tires both for the Chinese domestic market and for export to markets outside of the PRC. GRT, a joint venture manufacturing facility located in the PRC, and ACTR, a joint venture manufacturing facility located in Vietnam, serve as global sources of TBR tire production for the Company. The segment also procures certain TBR tires under off-take agreements with PCT, through mid-2021, and Sailun Vietnam, through December 31, 2020. The segment sells a majority of its tires in the replacement market, with a portion also sold to OEMs. On January 17, 2019, Cooper Tire Europe, a wholly-owned subsidiary of the Company, committed to a plan to cease light vehicle tire production at its Melksham, U.K. facility. The phasing out of light vehicle tire production was substantially completed in the third quarter of 2019. Approximately 300 roles were eliminated at the site. Cooper Tire Europe now obtains light vehicle tires to meet customer needs from other production sites within the Company’s global production network. Approximately 400 roles remain in Melksham to support the functions that continue there, including motorsports and motorcycle tire production, a materials business, Cooper Tire Europe headquarters, sales and marketing, and the Europe Technical Center. The following table details segment financial information: Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 Net sales: Americas Tire External customers $ 654,944 $ 594,015 $ 1,527,083 $ 1,669,310 Intercompany 4,594 7,942 15,033 29,891 659,538 601,957 1,542,116 1,699,201 International Tire External customers 109,907 110,119 265,720 333,118 Intercompany 32,246 22,151 79,744 81,451 142,153 132,270 345,464 414,569 Eliminations (36,841 ) (30,093 ) (94,777 ) (111,342 ) Consolidated net sales $ 764,850 $ 704,134 $ 1,792,803 $ 2,002,428 Operating profit (loss): Americas Tire $ 175,747 $ 67,941 $ 207,970 $ 153,544 International Tire 8,766 (4,831 ) (67 ) (7,466 ) Unallocated corporate charges (13,355 ) (11,051 ) (38,761 ) (34,781 ) Eliminations 349 710 1,448 (425 ) Consolidated operating profit $ 171,507 $ 52,769 $ 170,590 $ 110,872 Interest expense $ (5,400 ) $ (7,476 ) $ (16,914 ) $ (23,599 ) Interest income 559 1,507 2,905 6,887 Other pension and postretirement benefit expense (5,621 ) (9,562 ) (15,413 ) (28,212 ) Other non-operating income (expense) 2,303 (509 ) 3,678 (593 ) Income before income taxes $ 163,348 $ 36,729 $ 144,846 $ 65,355

Basis of Presentation and Con_2

Basis of Presentation and Consolidation (Policies)	9 Months Ended
	Sep. 30, 2020
Accounting Policies [Abstract]
Principles of consolidation	The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements. In the opinion of management, the condensed consolidated financial statements reflect all adjustments, which are normal and recurring in nature, necessary for fair financial statement presentation. There is typically a year-round demand for the Company's products, however, passenger car and light truck ("light vehicle") replacement tire sales are generally strongest during the third and fourth quarters of the year. Winter tires are sold principally during the months of May through November. Operating results for the nine month period ended September 30, 2020 are not necessarily indicative of the results that may be expected for the year ended December 31, 2020 . The Company consolidates into its financial statements the accounts of the Company, all wholly-owned subsidiaries, and any partially-owned subsidiary that the Company has the ability to control. Control generally equates to ownership percentage, whereby investments that are more than 50 percent owned are consolidated and investments in affiliates of 50 percent or less, but greater than 20 percent , are accounted for using the equity method. The Company does not consolidate any entity for which it has a variable interest based solely on power to direct the activities and significant participation in the entity’s expected results that would not otherwise be consolidated based on control through voting interests. Further, the Company’s joint ventures are businesses established and maintained in connection with the Company’s operating strategy. All intercompany transactions and balances have been eliminated.
Earnings per common share	Net income per share is computed on the basis of the weighted average number of common shares outstanding each period. When applicable, diluted earnings per share includes the dilutive effect of stock options and other stock units.
Recent accounting pronouncements	Each change to U.S. GAAP is established by the Financial Accounting Standards Board (“FASB”) in the form of an accounting standards update (“ASU”) to the FASB’s Accounting Standards Codification (“ASC”). The Company considers the applicability and impact of all ASUs. Accounting Pronouncements – Recently adopted Fair Value Measurement In August 2018, the FASB issued ASU 2018-13, "Fair Value Measurement (Topic 820)," which removes, modifies and adds various disclosure requirements around the topic in order to clarify and improve the cost-benefit nature of disclosures. Such modifications to disclosures center around Level 3 fair value measurements and investments in entities that calculate net asset value. This standard is effective for interim and annual reporting periods beginning after December 15, 2019 and has been adopted by the Company effective January 1, 2020. The adoption of this standard did not materially impact the Company's condensed consolidated financial statements . Internal-Use Software In August 2018, the FASB issued ASU 2018-15, "Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40)," which aligns the requirements for capitalizing implementation costs incurred in a service contract hosting arrangement with those of developing or obtaining internal-use software. This standard is effective for interim and annual reporting periods beginning after December 15, 2019 and has been adopted prospectively by the Company effective January 1, 2020. Capitalization of implementation costs incurred in a service contract hosting arrangement affects Intangibles, net of accumulated amortization, Cost of products sold, and Selling, general, and administrative expense within the condensed consolidated financial statements. The adoption of this standard did not materially impact the Company's condensed consolidated financial statements . Accounting for Income Taxes On December 18, 2019, the FASB issued ASU 2019-12, "Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes," to, among other provisions, eliminate certain exceptions related to intra-period tax allocation and loss benefit limitations in interim periods, as well as certain rules pertaining to deferred taxes for equity method investees. This ASU also simplifies rules pertaining to franchise taxes and other taxes partially based on income, and changes the timing of when an entity recognizes effects of enacted tax law changes. This standard becomes effective in fiscal years beginning after December 15, 2020; however, the Company chose to early adopt in the period ended March 31, 2020. The adoption of this standard did not materially impact the Company's condensed consolidated financial statements . Accounting Pronouncements – To be adopted Defined Benefit Plans In August 2018, the FASB issued ASU 2018-14, "Compensation – Retirement Benefits – Defined Benefit Plans – General (Subtopic 715-20)," which removes, modifies and adds various disclosure requirements around the topic in order to clarify and improve the cost-benefit nature of disclosures. For example, disclosures around the effect of a one-percentage-point change in assumed health care costs will be removed and an explanation of the reasons for significant gains and losses related to changes in the benefit obligation for the period will be added. This standard is effective for fiscal years ending after December 15, 2020, and early adoption is permitted. These amendments must be applied on a retrospective basis for all periods presented. The Company is currently evaluating the impact the new standard will have on its condensed consolidated financial statements . Reference Rate Reform In March 2020, the FASB issued ASU 2020-04, "Reference Rate Reform (Topic 848)," which provides optional guidance for a limited time to ease the potential burden in accounting for reference rate reform. The new guidance provides optional expedients and exceptions for applying U.S. GAAP to contracts, hedging relationships and other transactions affected by reference rate reform if certain criteria are met. The amendments apply only to contracts and hedging relationships that reference LIBOR or another reference rate expected to be discontinued due to reference rate reform. These amendments are effective immediately and may be applied prospectively to contract modifications made and hedging relationships entered into or evaluated on or before December 31, 2022. The Company is currently evaluating its contracts and the optional expedients provided by the new standard and the impact it will have on the condensed consolidated financial statements .

Basis of Presentation and Con_3

Basis of Presentation and Consolidation (Tables)	9 Months Ended
	Sep. 30, 2020
Accounting Policies [Abstract]
Computation of Basic and Diluted Earnings per Share	The following table sets forth the computation of basic and diluted earnings per share: (Number of shares and dollar amounts in thousands except per share amounts) Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 Numerator Numerator for basic and diluted earnings per share - income from continuing operations available to common stockholders $ 122,604 $ 29,344 $ 104,798 $ 45,146 Denominator Denominator for basic earnings per share - weighted average shares outstanding 50,323 50,179 50,281 50,148 Effect of dilutive securities - stock options and other stock units 293 179 144 218 Denominator for diluted earnings per share - adjusted weighted average shares outstanding 50,616 50,358 50,425 50,366 Earnings per share: Basic $ 2.44 $ 0.58 $ 2.08 $ 0.90 Diluted 2.42 0.58 2.08 0.90

Restructuring (Tables)

Restructuring (Tables)	9 Months Ended
	Sep. 30, 2020
Discontinued Operations and Disposal Groups [Abstract]
Restructuring and Related Costs	Three Months Ended September 30, 2019 Nine Months Ended September 30, 2019 Melksham employee severance costs $ (411 ) $ 5,308 Asset write-downs & other costs 1,222 2,134 Total restructuring expense $ 811 $ 7,442 The three and nine month period costs related to the reduction in force and COOCSA acquisition are comprised of: Three Months Ended September 30, 2020 Nine Months Ended September 30, 2020 Reduction in force - severance $ — $ 1,250 Reduction in force - other — 224 Joint venture workforce services rendered — 8,218 Professional and other costs — 2,712 Total restructuring expense $ — $ 12,404

Revenue from Contracts with C_2

Revenue from Contracts with Customers (Tables)	9 Months Ended
	Sep. 30, 2020
Revenue from Contract with Customer [Abstract]
Schedule of Revenue Disaggregated by Major Market Channel	In the following tables, revenue is disaggregated by major market channel for the three and nine months ended September 30, 2020 and 2019 , respectively: Three Months Ended September 30, 2020 Americas International Eliminations Total Light Vehicle (1) $ 594,598 $ 108,416 $ (18,007 ) $ 685,007 Truck and bus radial 51,881 20,909 (18,834 ) 53,956 Other (2) 13,059 12,828 — 25,887 Net sales $ 659,538 $ 142,153 $ (36,841 ) $ 764,850 Nine Months Ended September 30, 2020 Americas International Eliminations Total Light Vehicle (1) $ 1,378,586 $ 252,724 $ (36,688 ) $ 1,594,622 Truck and bus radial 129,246 61,450 (58,089 ) 132,607 Other (2) 34,284 31,290 — 65,574 Net sales $ 1,542,116 $ 345,464 $ (94,777 ) $ 1,792,803 Three Months Ended September 30, 2019 Americas International Eliminations Total Light Vehicle (1) $ 537,711 $ 103,275 $ (16,651 ) $ 624,335 Truck and bus radial 51,187 17,973 (13,442 ) 55,718 Other (2) 13,059 11,022 — 24,081 Net sales $ 601,957 $ 132,270 $ (30,093 ) $ 704,134 Nine Months Ended September 30, 2019 Americas International Eliminations Total Light Vehicle (1) $ 1,508,374 $ 308,860 $ (57,594 ) $ 1,759,640 Truck and bus radial 151,045 65,561 (53,748 ) 162,858 Other (2) 39,782 40,148 — 79,930 Net sales $ 1,699,201 $ 414,569 $ (111,342 ) $ 2,002,428 (1) Light vehicle includes passenger car and light truck tires (2) Other includes motorcycle and racing tires, wheels, tire retread material, and other items
Schedule of Receivables, Contract Assets and Contract Liabilities from Contracts with Customers	Significant changes in the contract liabilities balance, included within the Company's Accrued liabilities on the Condensed Consolidated Balance Sheets, during the nine months ended September 30, 2020 are as follows: Contract Liabilities Contract liabilities at beginning of year $ 1,080 Increases to deferred revenue for cash received in advance from customers 6,650 Decreases due to recognition of deferred revenue (6,303 ) Contract liabilities at September 30, 2020 $ 1,428

Debt (Tables)

Debt (Tables)	9 Months Ended
	Sep. 30, 2020
Debt Disclosure [Abstract]
Debt and Financing Leases	The following is a summary of the Company's debt and finance leases as of September 30, 2020 and December 31, 2019 . Principal Balance Weighted Average Interest Rate Principal Balance Weighted Average Interest Rate Current Long-Term Current Long-Term Maturity Date September 30, 2020 December 31, 2019 Promissory Note February, 2021 $ 11,000 $ — 1.645% $ — $ — n/a Asia short term notes Various maturities 4,422 — 3.915% 12,296 — 4.701% 15,422 — 12,296 — Term loan A June, 2024 11,250 178,750 2.025% 10,000 187,500 3.300% Unsecured notes March, 2027 — 116,880 7.625% — 116,880 7.625% Equipment financing May, 2025 6,003 23,179 3.050% — — n/a Finance leases and other Various maturities 5,670 1,690 1.618% 265 5,998 2.613% 22,923 320,499 10,265 310,378 Less, Unamortized debt issuance costs — 1,061 — 1,230 $ 38,345 $ 319,438 $ 22,561 $ 309,148 Additional Credit Capacity at September 30, 2020 Credit Facility $ 500,000 Accounts receivable securitization facility 150,000 Asia short term notes 65,342 715,342 Less, amounts used to secure letters of credit and other unavailable funds 79,861 $ 635,481

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2020
Fair Value Disclosures [Abstract]
Fair Value of Gross Position of Derivative Contracts in Consolidated Balance Sheets	The following table presents the location and amounts of derivative instrument fair values in the Condensed Consolidated Balance Sheets : Assets/(liabilities) September 30, 2020 December 31, 2019 Designated as hedging instruments: Gross amounts recognized $ (11,128 ) $ (3,208 ) Gross amounts offset 190 149 Net amounts $ (10,938 ) $ (3,059 ) Not designated as hedging instruments: Gross amounts recognized $ (450 ) $ (1,118 ) Gross amounts offset 129 76 Net amounts $ (321 ) $ (1,042 ) Net amounts presented: Accrued liabilities $ (4,758 ) $ (2,420 ) Other long-term liabilities (6,501 ) (1,681 )
Gains and Losses on Derivative Instruments in Consolidated Statements of Income	The following table presents the location and amount of gains and losses on derivative instruments designated as cash flow hedges in the Condensed Consolidated Statements of Income : Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 Amount of Loss Recognized in Other Comprehensive Income (Loss) on Derivatives $ (658 ) $ (1,164 ) $ (6,753 ) $ (2,714 ) Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income (Loss) into Income Net sales $ 190 $ 143 $ 972 $ 998 Interest expense (31 ) (30 ) (90 ) (94 ) Other non-operating income (expense) (831 ) 775 (526 ) 775 $ (672 ) $ 888 $ 356 $ 1,679 The following table presents the location and amount of gains and losses on foreign exchange contract derivatives not designated as hedging instruments in the Condensed Consolidated Statements of Income . Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 Other non-operating income (expense) $ (2,520 ) $ 2,120 $ 2,819 $ 1,490
Schedule of Fair Value Hierarchy for those Assets and Liabilities Measured at Fair Value on a Recurring Basis	The following table presents the Company’s fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of September 30, 2020 and December 31, 2019 : September 30, 2020 Total (Liabilities) Quoted Prices Significant Significant Foreign Currency Derivative $ (1,816 ) $ — $ (1,816 ) $ — Interest Rate Swaps (9,443 ) — (9,443 ) — Stock-based Liabilities (14,656 ) (14,656 ) — — December 31, 2019 Total Liabilities Quoted Prices in Active Markets for Identical Assets Level (1) Significant Other Observable Inputs Level (2) Significant Unobservable Inputs Level (3) Foreign Currency Derivative $ (3,069 ) $ — $ (3,069 ) $ — Interest Rate Swaps (1,032 ) — (1,032 ) — Stock-based Liabilities (14,971 ) (14,971 ) — —

Pensions and Postretirement B_2

Pensions and Postretirement Benefits Other than Pensions (Tables)	9 Months Ended
	Sep. 30, 2020
Retirement Benefits [Abstract]
Components of Net Periodic Benefit Costs	The following tables disclose the amount of net periodic benefit costs for the three and nine months ended September 30, 2020 and 2019 , respectively, for the Company’s defined benefit plans and other postretirement benefits: Pension Benefits - Domestic Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 Components of net periodic benefit cost: Service cost $ 2,552 $ 2,244 $ 7,600 $ 6,732 Interest cost 8,279 9,875 24,865 29,624 Expected return on plan assets (13,799 ) (11,741 ) (41,800 ) (35,776 ) Amortization of actuarial loss 8,095 8,279 23,420 24,843 Amortization of prior service cost 353 — 898 — Net periodic benefit cost $ 5,480 $ 8,657 $ 14,983 $ 25,423 Pension Benefits - International Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 Components of net periodic benefit cost: Interest cost $ 2,120 $ 2,669 $ 6,255 $ 8,273 Expected return on plan assets (2,240 ) (2,788 ) (6,609 ) (8,642 ) Amortization of actuarial loss 1,044 898 3,081 2,782 Amortization of prior service cost 67 — 197 — Net periodic benefit cost $ 991 $ 779 $ 2,924 $ 2,413 Other Post Retirement Benefits Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 Components of net periodic benefit cost: Service cost $ 360 $ 393 $ 1,080 $ 1,180 Interest cost 1,830 2,472 5,490 7,414 Amortization of actuarial gain (106 ) — (318 ) — Amortization of prior service credit (22 ) (102 ) (66 ) (306 ) Net periodic benefit cost $ 2,062 $ 2,763 $ 6,186 $ 8,288

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	9 Months Ended
	Sep. 30, 2020
Equity [Abstract]
Reconciliation of Beginning and End of Period Equity Accounts	The following tables provide a quarterly reconciliation of the equity accounts attributable to Cooper Tire & Rubber Company and to the noncontrolling shareholders' interests for the year to date as of September 30, 2020 and 2019 : Common Stock $1 Par Value Capital in Excess of Par Value Retained Earnings Cumulative Other Comprehensive (Loss) Income Common Shares in Treasury Total Parent Stockholders’ Equity Noncontrolling Shareholders’ Interests in Consolidated Subsidiary Total Stockholders’ Equity Balance at December 31, 2019 $ 87,850 $ 22,175 $ 2,524,963 $ (447,580 ) $ (922,783 ) $ 1,264,625 $ 63,108 $ 1,327,733 Net (loss) income — — (11,591 ) — — (11,591 ) 274 (11,317 ) Other comprehensive loss, excluding currency loss charged to equity as part of acquisition of noncontrolling shareholder interest — — — (52,682 ) — (52,682 ) (544 ) (53,226 ) Stock compensation plans — (1,235 ) (43 ) — 1,377 99 — 99 Cash dividends - 0.105 per share — — (5,277 ) — — (5,277 ) — (5,277 ) Acquisition of noncontrolling shareholders' interest — (5,714 ) — (11,748 ) — (17,462 ) (44,810 ) (62,272 ) Balance at March 31, 2020 $ 87,850 $ 15,226 $ 2,508,052 $ (512,010 ) $ (921,406 ) $ 1,177,712 $ 18,028 $ 1,195,740 Net (loss) income — — (6,215 ) — — (6,215 ) 572 (5,643 ) Other comprehensive income — — — 10,855 — 10,855 89 10,944 Stock compensation plans — 1,707 — — — 1,707 — 1,707 Cash dividends - 0.105 per share — — (5,277 ) — — (5,277 ) — (5,277 ) Balance at June 30, 2020 $ 87,850 $ 16,933 $ 2,496,560 $ (501,155 ) $ (921,406 ) $ 1,178,782 $ 18,689 $ 1,197,471 Net income — — 122,604 — $ — 122,604 519 123,123 Other comprehensive income — — — 28,169 — 28,169 1,315 29,484 Stock compensation plans — 2,349 (10 ) — 1,499 3,838 — 3,838 Cash dividends - 0.105 per share — — (5,286 ) — — (5,286 ) — (5,286 ) Balance at September 30, 2020 $ 87,850 $ 19,282 $ 2,613,868 $ (472,986 ) $ (919,907 ) $ 1,328,107 $ 20,523 $ 1,348,630 Common Stock $1 Par Value Capital in Excess of Par Value Retained Earnings Cumulative Other Comprehensive (Loss) Income Common Shares in Treasury Total Parent Stockholders’ Equity Noncontrolling Shareholders’ Interests in Consolidated Subsidiary Total Stockholders’ Equity Balance at December 31, 2018 $ 87,850 $ 21,124 $ 2,449,714 $ (461,589 ) $ (925,056 ) $ 1,172,043 $ 60,400 $ 1,232,443 Net income — — 6,980 — — 6,980 200 7,180 Other comprehensive income — — — 13,170 — 13,170 980 14,150 Stock compensation plans — (1,579 ) (64 ) — 1,353 (290 ) — (290 ) Cash dividends - 0.105 per share — — (5,262 ) — — (5,262 ) — (5,262 ) Balance at March 31, 2019 $ 87,850 $ 19,545 $ 2,451,368 $ (448,419 ) $ (923,703 ) $ 1,186,641 $ 61,580 $ 1,248,221 Net income — — 8,821 — — 8,821 437 9,258 Other comprehensive income (loss) — — — 637 — 637 (340 ) 297 Stock compensation plans — 1,292 (111 ) — 336 1,517 — 1,517 Cash dividends - 0.105 per share — — (5,267 ) — — (5,267 ) — (5,267 ) Balance at June 30, 2019 $ 87,850 $ 20,837 $ 2,454,811 $ (447,782 ) $ (923,367 ) $ 1,192,349 $ 61,677 $ 1,254,026 Net income (loss) — — 29,344 — — 29,344 (336 ) 29,008 Other comprehensive loss — — — (7,991 ) — (7,991 ) (1,988 ) (9,979 ) Stock compensation plans — 637 (208 ) — 249 678 — 678 Cash dividends - 0.105 per share — — (5,270 ) — — (5,270 ) — (5,270 ) Balance at September 30, 2019 $ 87,850 $ 21,474 $ 2,478,677 $ (455,773 ) $ (923,118 ) $ 1,209,110 $ 59,353 $ 1,268,463

Changes in Accumulated Other _2

Changes in Accumulated Other Comprehensive (Loss) Income by Component (Tables)	9 Months Ended
	Sep. 30, 2020
Stockholders' Equity Note [Abstract]
Cumulative Other Comprehensive Income (Loss) in Accompanying Consolidated Statements of Equity	The following tables provide a quarterly reconciliation of each component of Accumulated other comprehensive (loss) income: Cumulative Translation Adjustment Derivative Instruments Post- retirement Benefits Total Ending Balance, December 31, 2019 $ (58,186 ) $ (549 ) $ (388,845 ) $ (447,580 ) Other comprehensive (loss) income before reclassifications (48,998 ) (3,601 ) (31,490 ) (84,089 ) Foreign currency translation effect — — 4,708 4,708 Income tax effect — 984 7,857 8,841 Amount reclassified from accumulated other comprehensive (loss) income Cash flow hedges — (510 ) — (510 ) Amortization of prior service cost — — 236 236 Amortization of actuarial losses — — 8,149 8,149 Income tax effect — 53 (1,818 ) (1,765 ) Other comprehensive loss (48,998 ) (3,074 ) (12,358 ) (64,430 ) Ending Balance, March 31, 2020 $ (107,184 ) $ (3,623 ) $ (401,203 ) $ (512,010 ) Other comprehensive income (loss) before reclassifications 5,650 (2,494 ) — 3,156 Foreign currency translation effect — — 91 91 Income tax effect — 616 — 616 Amount reclassified from accumulated other comprehensive (loss) income Cash flow hedges — (518 ) — (518 ) Amortization of prior service cost — — 395 395 Amortization of actuarial losses — — 9,001 9,001 Income tax effect — 192 (2,078 ) (1,886 ) Other comprehensive income (loss) 5,650 (2,204 ) 7,409 10,855 Ending Balance, June 30, 2020 $ (101,534 ) $ (5,827 ) $ (393,794 ) $ (501,155 ) Other comprehensive (loss) income before reclassifications 23,637 (658 ) — 22,979 Foreign currency translation effect — — (2,867 ) (2,867 ) Income tax effect — 6 — 6 Amount reclassified from accumulated other comprehensive (loss) income Cash flow hedges — 672 — 672 Amortization of prior service cost — — 398 398 Amortization of actuarial losses — — 9,033 9,033 Income tax effect — 26 (2,078 ) (2,052 ) Other comprehensive income 23,637 46 4,486 28,169 Ending Balance, September 30, 2020 $ (77,897 ) $ (5,781 ) $ (389,308 ) $ (472,986 ) Cumulative Translation Adjustment Derivative Instruments Post- retirement Benefits Total Ending Balance, December 31, 2018 $ (62,133 ) $ 2,150 $ (401,606 ) $ (461,589 ) Other comprehensive income (loss) before reclassifications 8,328 (1,183 ) — 7,145 Foreign currency translation effect — — (1,460 ) (1,460 ) Income tax effect — 245 — 245 Amount reclassified from accumulated other comprehensive income (loss) Cash flow hedges — 62 — 62 Amortization of prior service credit — — (102 ) (102 ) Amortization of actuarial losses — — 9,233 9,233 Income tax effect — 88 (2,041 ) (1,953 ) Other comprehensive income (loss) 8,328 (788 ) 5,630 13,170 Ending Balance, March 31, 2019 $ (53,805 ) $ 1,362 $ (395,976 ) $ (448,419 ) Other comprehensive (loss) income before reclassifications (6,994 ) (367 ) — (7,361 ) Foreign currency translation effect — — 1,429 1,429 Income tax effect — 226 — 226 Amount reclassified from accumulated other comprehensive (loss) income Cash flow hedges — (853 ) — (853 ) Amortization of prior service credit — — (102 ) (102 ) Amortization of actuarial losses — — 9,215 9,215 Income tax effect — 124 (2,041 ) (1,917 ) Other comprehensive (loss) income (6,994 ) (870 ) 8,501 637 Ending Balance, June 30, 2019 $ (60,799 ) $ 492 $ (387,475 ) $ (447,782 ) Other comprehensive (loss) income before reclassifications (15,704 ) (1,164 ) — (16,868 ) Foreign currency translation effect — — 2,201 2,201 Income tax effect — 476 — 476 Amount reclassified from accumulated other comprehensive (loss) income Cash flow hedges — (888 ) — (888 ) Amortization of prior service credit — — (102 ) (102 ) Amortization of actuarial losses — — 9,177 9,177 Income tax effect — 54 (2,041 ) (1,987 ) Other comprehensive (loss) income (15,704 ) (1,522 ) 9,235 (7,991 ) Ending Balance, September 30, 2019 $ (76,503 ) $ (1,030 ) $ (378,240 ) $ (455,773 )

Comprehensive Income (Loss) A_2

Comprehensive Income (Loss) Attributable to Noncontrolling Shareholders' Interests (Tables)	9 Months Ended
	Sep. 30, 2020
Equity [Abstract]
Comprehensive Income (Loss) Attributable to Noncontrolling Shareholders' Interests	The following table provides the details of the comprehensive income (loss) attributable to noncontrolling shareholders' interests: Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 Net income (loss) attributable to noncontrolling shareholders’ interests $ 519 $ (336 ) $ 1,365 $ 301 Other comprehensive income (loss): Currency translation adjustments 1,315 (1,988 ) 860 (1,348 ) Comprehensive income (loss) attributable to noncontrolling shareholders’ interests $ 1,834 $ (2,324 ) $ 2,225 $ (1,047 )

Contingent Liabilities (Tables)

Contingent Liabilities (Tables)	9 Months Ended
	Sep. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
Product Liability Contingencies	For the three and nine months ended September 30, 2020 and 2019 , respectively, product liability (benefit) expense was as follows: Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 Product liability (benefit) expense $ (35,352 ) $ 4,866 $ (12,330 ) $ 28,397

Business Segments (Tables)

Business Segments (Tables)	9 Months Ended
	Sep. 30, 2020
Segment Reporting [Abstract]
Segment Financial Information	The following table details segment financial information: Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 Net sales: Americas Tire External customers $ 654,944 $ 594,015 $ 1,527,083 $ 1,669,310 Intercompany 4,594 7,942 15,033 29,891 659,538 601,957 1,542,116 1,699,201 International Tire External customers 109,907 110,119 265,720 333,118 Intercompany 32,246 22,151 79,744 81,451 142,153 132,270 345,464 414,569 Eliminations (36,841 ) (30,093 ) (94,777 ) (111,342 ) Consolidated net sales $ 764,850 $ 704,134 $ 1,792,803 $ 2,002,428 Operating profit (loss): Americas Tire $ 175,747 $ 67,941 $ 207,970 $ 153,544 International Tire 8,766 (4,831 ) (67 ) (7,466 ) Unallocated corporate charges (13,355 ) (11,051 ) (38,761 ) (34,781 ) Eliminations 349 710 1,448 (425 ) Consolidated operating profit $ 171,507 $ 52,769 $ 170,590 $ 110,872 Interest expense $ (5,400 ) $ (7,476 ) $ (16,914 ) $ (23,599 ) Interest income 559 1,507 2,905 6,887 Other pension and postretirement benefit expense (5,621 ) (9,562 ) (15,413 ) (28,212 ) Other non-operating income (expense) 2,303 (509 ) 3,678 (593 ) Income before income taxes $ 163,348 $ 36,729 $ 144,846 $ 65,355

Basis of Presentation and Con_4

Basis of Presentation and Consolidation - Additional Information (Detail) - USD ($) $ in Thousands	May 10, 2019	Feb. 15, 2019	Sep. 24, 2018	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019	Apr. 05, 2019
Summary Of Significant Policies [Line Items]
Minimum percentage of investment consolidated				50.00%
Maximum percentage of cost method investments				20.00%
Investment in joint venture				$ 50,794		$ 48,912
Diluted securities excluded from EPS amount (in shares)					77,215
Accounts receivable, less allowances				568,937		544,257
Allowances for accounts receivable				11,037		$ 8,109
Unfavorable Regulatory Action
Summary Of Significant Policies [Line Items]
Loss contingency imposed		42.16%
Section 301 Tariffs
Summary Of Significant Policies [Line Items]
Loss contingency imposed	25.00%		10.00%
TBR
Summary Of Significant Policies [Line Items]
Noncontrolling interest							35.00%
GRT Acquisition | TBR
Summary Of Significant Policies [Line Items]
Investment in joint venture				$ 49,001

Basis of Presentation and Con_5

Basis of Presentation and Consolidation - Computation of Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Numerator
Numerator for basic and diluted earnings per share - income from continuing operations available to common stockholders	$ 122,604	$ 29,344	$ 104,798	$ 45,146
Denominator
Denominator for basic earnings per share - weighted average shares outstanding (in shares)	50,323	50,179	50,281	50,148
Effect of dilutive securities - stock options and other stock units (in shares)	293	179	144	218
Denominator for diluted earnings per share - adjusted weighted average shares outstanding (in shares)	50,616	50,358	50,425	50,366
Earnings per share:
Basic (in dollars per share)	$ 2.44	$ 0.58	$ 2.08	$ 0.90
Diluted (in dollars per share)	$ 2.42	$ 0.58	$ 2.08	$ 0.90

COVID-19 (Details)

COVID-19 (Details) $ in Thousands	Jun. 30, 2020USD ($)
CARES Act
Unusual or Infrequent Item, or Both [Line Items]
Deferred employer taxes	$ 8,752

Restructuring - Additional Info

Restructuring - Additional Information (Details)	Jan. 25, 2020USD ($)	Jan. 17, 2019Employee	Sep. 30, 2020USD ($)	Jun. 30, 2020USD ($)	Mar. 31, 2020USD ($)	Sep. 30, 2019USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2019USD ($)	Dec. 31, 2019USD ($)	Jan. 24, 2020USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Restructuring expense			$ 0			$ 811,000		$ 12,404,000	$ 7,442,000
Accrued restructuring balance			461,000				$ 461,000	461,000
Restructuring, expected number of positions eliminated | Employee		300
Restructuring, remaining number of positions after elimination | Employee		400
Employee Severance And Other
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Restructuring expense			0	$ 1,474,000
Other Restructuring
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Restructuring expense			0		$ 2,712,000			2,712,000
Joint Venture
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Restructuring expense			$ 0				$ 0	$ 12,404,000
Facility Closing
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Restructuring expense						811,000			7,442,000	$ 759,000
Restructuring, cost related to facility closing						811,000			7,442,000	$ 8,315,000
COOCSA
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Noncontrolling interest, ownership percentage											41.57%
Equity method investment, total cash price											$ 54,500,000
COOCSA | Joint Venture
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Restructuring expense					$ 10,930,000
Member Of Joint Venture | Other Restructuring
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Payments for restructuring	$ 15,984,000
Minority Interest Shareholder | Other Restructuring
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Payments for restructuring	$ 7,772,000
International Tire | Facility Closing
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Restructuring expense						$ 363,000			$ 677,000

Restructuring - Restructuring a

Restructuring - Restructuring and Related Costs (Details) - USD ($)	3 Months Ended			6 Months Ended	9 Months Ended		12 Months Ended
	Sep. 30, 2020	Mar. 31, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Restructuring Cost and Reserve [Line Items]
Restructuring expense	$ 0		$ 811,000		$ 12,404,000	$ 7,442,000
Employee Severance
Restructuring Cost and Reserve [Line Items]
Restructuring expense	0		(411,000)		1,250,000	5,308,000
Reduction in force - other
Restructuring Cost and Reserve [Line Items]
Restructuring expense	0				224,000
Joint venture workforce services rendered
Restructuring Cost and Reserve [Line Items]
Restructuring expense	0				8,218,000
Professional and other costs
Restructuring Cost and Reserve [Line Items]
Restructuring expense	0	$ 2,712,000			2,712,000
Joint Venture
Restructuring Cost and Reserve [Line Items]
Restructuring expense	$ 0			$ 0	$ 12,404,000
Asset write-downs & other costs
Restructuring Cost and Reserve [Line Items]
Restructuring expense			1,222,000			2,134,000
Facility Closing
Restructuring Cost and Reserve [Line Items]
Restructuring expense			$ 811,000			$ 7,442,000	$ 759,000

Revenue from Contracts with C_3

Revenue from Contracts with Customers - Schedule of Revenue Disaggregated by Major Market Channel (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Disaggregation of Revenue [Line Items]
Net sales	$ 764,850	$ 704,134	$ 1,792,803	$ 2,002,428
Light vehicle
Disaggregation of Revenue [Line Items]
Net sales	685,007	624,335	1,594,622	1,759,640
TBR
Disaggregation of Revenue [Line Items]
Net sales	53,956	55,718	132,607	162,858
Other
Disaggregation of Revenue [Line Items]
Net sales	25,887	24,081	65,574	79,930
Americas Tire
Disaggregation of Revenue [Line Items]
Net sales	654,944	594,015	1,527,083	1,669,310
International Tire
Disaggregation of Revenue [Line Items]
Net sales	109,907	110,119	265,720	333,118
Operating Segments | Americas Tire
Disaggregation of Revenue [Line Items]
Net sales	659,538	601,957	1,542,116	1,699,201
Operating Segments | Americas Tire | Light vehicle
Disaggregation of Revenue [Line Items]
Net sales	594,598	537,711	1,378,586	1,508,374
Operating Segments | Americas Tire | TBR
Disaggregation of Revenue [Line Items]
Net sales	51,881	51,187	129,246	151,045
Operating Segments | Americas Tire | Other
Disaggregation of Revenue [Line Items]
Net sales	13,059	13,059	34,284	39,782
Operating Segments | International Tire
Disaggregation of Revenue [Line Items]
Net sales	142,153	132,270	345,464	414,569
Operating Segments | International Tire | Light vehicle
Disaggregation of Revenue [Line Items]
Net sales	108,416	103,275	252,724	308,860
Operating Segments | International Tire | TBR
Disaggregation of Revenue [Line Items]
Net sales	20,909	17,973	61,450	65,561
Operating Segments | International Tire | Other
Disaggregation of Revenue [Line Items]
Net sales	12,828	11,022	31,290	40,148
Eliminations
Disaggregation of Revenue [Line Items]
Net sales	(36,841)	(30,093)	(94,777)	(111,342)
Eliminations | Light vehicle
Disaggregation of Revenue [Line Items]
Net sales	(18,007)	(16,651)	(36,688)	(57,594)
Eliminations | TBR
Disaggregation of Revenue [Line Items]
Net sales	(18,834)	(13,442)	(58,089)	(53,748)
Eliminations | Other
Disaggregation of Revenue [Line Items]
Net sales	$ 0	$ 0	$ 0	$ 0

Revenue from Contracts with C_4

Revenue from Contracts with Customers - Schedule of Changes in Contract Liabilities Balance (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2020USD ($)
Movement in Contract with Customer Liability [Roll Forward]
Contract liabilities at beginning of year	$ 1,080
Increases to deferred revenue for cash received in advance from customers	6,650
Decreases due to recognition of deferred revenue	(6,303)
Contract liabilities at end of period	$ 1,428

Inventories - Additional Inform

Inventories - Additional Information (Detail) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Inventory Disclosure [Abstract]
Current cost of U.S. inventories under FIFO	$ 326,754	$ 365,585
U.S. inventories, LIFO reserve	$ 47,771	$ 87,616

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Income Tax Disclosure [Abstract]
Income tax (benefit) provision	$ 40,225	$ 7,721	$ 38,683	$ 19,908
Effective tax rate	24.60%	21.00%	26.70%	30.50%
Additional unrecognized tax benefits			$ 4,361
Net discrete tax benefits		$ 1,863		$ 2,522
Operating Loss Carryforwards [Line Items]
Valuation allowances	$ 26,778		26,778
Recognition of unrecognized tax benefit upon which the effective rate would change	14,532		14,532
United States
Operating Loss Carryforwards [Line Items]
Valuation allowances	1,378		1,378
Foreign
Operating Loss Carryforwards [Line Items]
Valuation allowances	$ 25,400		$ 25,400

Debt - Additional Information (

Debt - Additional Information (Detail)	Sep. 30, 2020USD ($)	Sep. 24, 2020USD ($)	May 15, 2020USD ($)	Dec. 31, 2019USD ($)	Jun. 27, 2019USD ($)	Feb. 15, 2018USD ($)
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	$ 715,342,000
Line of credit, current	15,422,000			$ 12,296,000
Long-term debt, gross	320,499,000			310,378,000
Revolving Credit Facility
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	500,000,000				$ 500,000,000
Letter of Credit
Debt Instrument [Line Items]
Amounts used to secure letters of credit	23,539,000			21,651,000
Accounts receivable securitization facility
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	150,000,000
Bank Group And Accounts Receivable Securitization Facility
Debt Instrument [Line Items]
Additional Credit Capacity at September 30, 2020	574,561,000
Asian Credit Lines
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	65,342,000
Line of credit, current	4,422,000			$ 12,296,000
Additional Credit Capacity at September 30, 2020	$ 60,920,000
Weighted average interest rate	3.915%			4.701%
Amended Accounts Receivable Facility | Accounts receivable securitization facility
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity						$ 150,000,000
Line of Credit | Revolving Credit Facility
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity					700,000,000
Increase in line credit facility (up to)					$ 300,000,000
Debt instrument, leverage ratio, maximum					1.75
Line of credit, current	$ 0			$ 0
Line of Credit | Term Loan A Facility
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity					$ 200,000,000
Line of Credit | Letter of Credit
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity					$ 110,000,000
Equipment financing
Debt Instrument [Line Items]
Long-term debt, gross	$ 23,179,000		$ 31,142,000
Weighted average interest rate	3.05%		3.05%
Promissory Note
Debt Instrument [Line Items]
Weighted average interest rate	1.645%
Debt instrument, face amount	$ 11,000,000	$ 11,000,000

Debt - Debt and Financing Lease

Debt - Debt and Financing Leases (Detail) - USD ($)	Sep. 30, 2020	Sep. 24, 2020	May 15, 2020	Dec. 31, 2019	Jun. 27, 2019
Debt Instrument [Line Items]
Line of credit, current	$ 15,422,000			$ 12,296,000
Long-term debt and finance leases, excluding line of credit, current	22,923,000			10,265,000
Long-term debt and finance leases, current	38,345,000			22,561,000
Long-term debt and finance leases, non-current	320,499,000			310,378,000
Less, Unamortized debt issuance costs	1,061,000			1,230,000
Long-term debt and finance leases	319,438,000			309,148,000
Additional Credit Capacity at September 30, 2020	715,342,000
Less, amounts used to secure letters of credit and other unavailable funds	79,861,000
Remaining available credit capacity	635,481,000
Term loan A
Debt Instrument [Line Items]
Long-term debt and finance leases, excluding line of credit, current	11,250,000			10,000,000
Long-term debt and finance leases, non-current	$ 178,750,000			$ 187,500,000
Weighted Average Interest Rate	2.025%			3.30%
Unsecured notes
Debt Instrument [Line Items]
Long-term debt and finance leases, non-current	$ 116,880,000			$ 116,880,000
Weighted Average Interest Rate	7.625%			7.625%
Equipment financing
Debt Instrument [Line Items]
Long-term debt and finance leases, excluding line of credit, current	$ 6,003,000
Long-term debt and finance leases, non-current	$ 23,179,000		$ 31,142,000
Weighted Average Interest Rate	3.05%		3.05%
Equipment financing
Debt Instrument [Line Items]
Long-term debt and finance leases, excluding line of credit, current	$ 5,670,000			$ 265,000
Long-term debt and finance leases, non-current	$ 1,690,000			$ 5,998,000
Weighted Average Interest Rate	1.618%			2.613%
Revolving Credit Facility
Debt Instrument [Line Items]
Additional Credit Capacity at September 30, 2020	$ 500,000,000				$ 500,000,000
Accounts receivable securitization facility
Debt Instrument [Line Items]
Additional Credit Capacity at September 30, 2020	150,000,000
Asian Credit Lines
Debt Instrument [Line Items]
Line of credit, current	$ 4,422,000			$ 12,296,000
Weighted Average Interest Rate	3.915%			4.701%
Additional Credit Capacity at September 30, 2020	$ 65,342,000
Promissory Note
Debt Instrument [Line Items]
Debt instrument, face amount	$ 11,000,000	$ 11,000,000
Weighted Average Interest Rate	1.645%

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - USD ($)	Jul. 11, 2019	Sep. 30, 2020	Sep. 30, 2020	Dec. 31, 2019
Fair Values Of Financial Assets And Liabilities Including Derivative Financial Instruments [Line Items]
Gain (loss) of the effective portion of change in fair value of foreign currency forward contracts			$ (129,000)	$ (1,033,000)
Fair value of foreign currency contracts		$ (1,366,000)	(1,366,000)	(994,000)
Long-term debt and finance leases, non-current		320,499,000	320,499,000	310,378,000
Quoted Prices in Active Markets for Identical Assets Level (2)
Fair Values Of Financial Assets And Liabilities Including Derivative Financial Instruments [Line Items]
Fair value of long term debt		337,599,000	337,599,000	325,578,000
Foreign Currency Derivative
Fair Values Of Financial Assets And Liabilities Including Derivative Financial Instruments [Line Items]
Notional amount of derivative instruments		118,330,000	$ 118,330,000	167,915,000
Foreign Currency Derivative | Maximum
Fair Values Of Financial Assets And Liabilities Including Derivative Financial Instruments [Line Items]
Maturity period of hedges			12 months
Interest Rate Swaps
Fair Values Of Financial Assets And Liabilities Including Derivative Financial Instruments [Line Items]
Notional amount of derivative instruments	$ 200,000,000
Payments of derivative instruments		763,000	$ 1,370,000
Variable interest rate of inters rate swap derivative instrument	1.72%
Derivatives Designated as Cash Flow Hedges
Fair Values Of Financial Assets And Liabilities Including Derivative Financial Instruments [Line Items]
Maturity period of hedges			1 year
Term Loan A Facility | Line of Credit | London Interbank Offered Rate (LIBOR)
Fair Values Of Financial Assets And Liabilities Including Derivative Financial Instruments [Line Items]
Basis points on Term Loan A	1.50%
Fair Value, Measurements, Recurring | Interest Rate Swaps
Fair Values Of Financial Assets And Liabilities Including Derivative Financial Instruments [Line Items]
Change in fair value of swaps		(9,443,000)	$ (9,443,000)	(1,032,000)
Fair Value, Measurements, Recurring | Interest Rate Swaps | Quoted Prices in Active Markets for Identical Assets Level (2)
Fair Values Of Financial Assets And Liabilities Including Derivative Financial Instruments [Line Items]
Change in fair value of swaps		$ (9,443,000)	$ (9,443,000)	$ (1,032,000)

Fair Value Measurements - Fair

Fair Value Measurements - Fair Value of Gross Position of Derivative Contracts in Consolidated Balance Sheets (Detail) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Accrued liabilities
Derivatives, Fair Value [Line Items]
Net amounts presented	$ (4,758)	$ (2,420)
Other long-term liabilities
Derivatives, Fair Value [Line Items]
Net amounts presented	(6,501)	(1,681)
Designated as hedging instruments:
Derivatives, Fair Value [Line Items]
Gross amounts recognized	(11,128)	(3,208)
Gross amounts offset	190	149
Net amounts	(10,938)	(3,059)
Not designated as hedging instruments:
Derivatives, Fair Value [Line Items]
Gross amounts recognized	(450)	(1,118)
Gross amounts offset	129	76
Net amounts	$ (321)	$ (1,042)

Fair Value Measurements - Gains

Fair Value Measurements - Gains and Losses on Derivative Instruments in Consolidated Statement of Income (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Loss Recognized in Other Comprehensive Income (Loss) on Derivatives	$ 14	$ (2,052)	$ (7,109)	$ (4,393)
Designated as Hedging Instrument
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Loss Recognized in Other Comprehensive Income (Loss) on Derivatives	(658)	(1,164)	(6,753)	(2,714)
Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income (Loss) into Income	(672)	888	356	1,679
Designated as Hedging Instrument | Net sales
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income (Loss) into Income	190	143	972	998
Designated as Hedging Instrument | Interest expense
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income (Loss) into Income	(31)	(30)	(90)	(94)
Designated as Hedging Instrument | Other non-operating income (expense)
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income (Loss) into Income	(831)	775	(526)	775
Not designated as hedging instruments: | Foreign Currency Derivative | Other non-operating income (expense)
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Income on Derivatives	$ (2,520)	$ 2,120	$ 2,819	$ 1,490

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Fair Value Hierarchy for those Assets and Liabilities Measured at Fair Value on a Recurring Basis (Detail) - Fair Value, Measurements, Recurring - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Foreign Currency Derivative
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets (liabilities)	$ (1,816)	$ (3,069)
Interest Rate Swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets (liabilities)	(9,443)	(1,032)
Stock-based Liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets (liabilities)	(14,656)	(14,971)
Quoted Prices in Active Markets for Identical Assets Level (1) | Foreign Currency Derivative
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets (liabilities)	0	0
Quoted Prices in Active Markets for Identical Assets Level (1) | Interest Rate Swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets (liabilities)	0	0
Quoted Prices in Active Markets for Identical Assets Level (1) | Stock-based Liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets (liabilities)	(14,656)	(14,971)
Significant Other Observable Inputs Level (2) | Foreign Currency Derivative
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets (liabilities)	(1,816)	(3,069)
Significant Other Observable Inputs Level (2) | Interest Rate Swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets (liabilities)	(9,443)	(1,032)
Significant Other Observable Inputs Level (2) | Stock-based Liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets (liabilities)	0	0
Significant Unobservable Inputs Level (3) | Foreign Currency Derivative
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets (liabilities)	0	0
Significant Unobservable Inputs Level (3) | Interest Rate Swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets (liabilities)	0	0
Significant Unobservable Inputs Level (3) | Stock-based Liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets (liabilities)	$ 0	$ 0

Pensions and Postretirement B_3

Pensions and Postretirement Benefits Other than Pensions - Components of Net Periodic Benefit Costs (Detail) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Sep. 30, 2020	Mar. 31, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Plan amendment		$ 2,582
Domestic pension plans contributions	$ 4,000			$ 4,000
Other Postretirement Benefits
Defined Benefit Plan Disclosure [Line Items]
Service cost	360		$ 393	1,080	$ 1,180
Interest cost	1,830		2,472	5,490	7,414
Amortization of actuarial (gain) loss	(106)		0	(318)	0
Amortization of prior service cost (credit)	(22)		(102)	(66)	(306)
Net periodic benefit cost	2,062		2,763	6,186	8,288
United States | Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Service cost	2,552		2,244	7,600	6,732
Interest cost	8,279		9,875	24,865	29,624
Expected return on plan assets	(13,799)		(11,741)	(41,800)	(35,776)
Amortization of actuarial (gain) loss	8,095		8,279	23,420	24,843
Amortization of prior service cost (credit)	353		0	898	0
Net periodic benefit cost	5,480		8,657	14,983	25,423
International | Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Interest cost	2,120		2,669	6,255	8,273
Expected return on plan assets	(2,240)		(2,788)	(6,609)	(8,642)
Amortization of actuarial (gain) loss	1,044		898	3,081	2,782
Amortization of prior service cost (credit)	67		0	197	0
Net periodic benefit cost	$ 991		$ 779	$ 2,924	$ 2,413

Stockholders' Equity - Reconcil

Stockholders' Equity - Reconciliation of Beginning and End of Period Equity Accounts (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2020	Sep. 30, 2019
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	$ 1,197,471	$ 1,195,740	$ 1,327,733	$ 1,254,026	$ 1,248,221	$ 1,232,443	$ 1,327,733	$ 1,232,443
Net income	123,123	(5,643)	(11,317)	29,008	9,258	7,180	106,163	45,447
Other comprehensive loss, excluding currency loss charged to equity as part of acquisition of noncontrolling shareholder interest			(53,226)
Other comprehensive income (loss)	29,484	10,944		(9,979)	297	14,150	(12,798)	4,468
Stock compensation plans	3,838	1,707	99	678	1,517	(290)
Cash dividends	(5,286)	(5,277)	(5,277)	(5,270)	(5,267)	(5,262)
Acquisition of noncontrolling shareholders' interest			(62,272)
Ending Balance	$ 1,348,630	$ 1,197,471	$ 1,195,740	$ 1,268,463	$ 1,254,026	$ 1,248,221	1,348,630	1,268,463
Dividends paid (in dollars per share)	$ 0.105	$ 0.105	$ 0.105	$ 0.105	$ 0.105	$ 0.105
Total Parent Stockholders’ Equity
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	$ 1,178,782	$ 1,177,712	$ 1,264,625	$ 1,192,349	$ 1,186,641	$ 1,172,043	1,264,625	1,172,043
Net income	122,604	(6,215)	(11,591)	29,344	8,821	6,980
Other comprehensive loss, excluding currency loss charged to equity as part of acquisition of noncontrolling shareholder interest			(52,682)
Other comprehensive income (loss)	28,169	10,855		(7,991)	637	13,170
Stock compensation plans	3,838	1,707	99	678	1,517	(290)
Cash dividends	(5,286)	(5,277)	(5,277)	(5,270)	(5,267)	(5,262)
Acquisition of noncontrolling shareholders' interest			(17,462)
Ending Balance	1,328,107	1,178,782	1,177,712	1,209,110	1,192,349	1,186,641	1,328,107	1,209,110
Common Stock $1 Par Value
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	87,850	87,850	87,850	87,850	87,850	87,850	87,850	87,850
Ending Balance	87,850	87,850	87,850	87,850	87,850	87,850	87,850	87,850
Capital in Excess of Par Value
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	16,933	15,226	22,175	20,837	19,545	21,124	22,175	21,124
Stock compensation plans	2,349	1,707	(1,235)	637	1,292	(1,579)
Acquisition of noncontrolling shareholders' interest			(5,714)
Ending Balance	19,282	16,933	15,226	21,474	20,837	19,545	19,282	21,474
Retained Earnings
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	2,496,560	2,508,052	2,524,963	2,454,811	2,451,368	2,449,714	2,524,963	2,449,714
Net income	122,604	(6,215)	(11,591)	29,344	8,821	6,980
Stock compensation plans	(10)		(43)	(208)	(111)	(64)
Cash dividends	(5,286)	(5,277)	(5,277)	(5,270)	(5,267)	(5,262)
Ending Balance	2,613,868	2,496,560	2,508,052	2,478,677	2,454,811	2,451,368	2,613,868	2,478,677
Cumulative Other Comprehensive (Loss) Income
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	(501,155)	(512,010)	(447,580)	(447,782)	(448,419)	(461,589)	(447,580)	(461,589)
Other comprehensive loss, excluding currency loss charged to equity as part of acquisition of noncontrolling shareholder interest			(52,682)
Other comprehensive income (loss)	28,169	10,855		(7,991)	637	13,170
Acquisition of noncontrolling shareholders' interest			(11,748)
Ending Balance	(472,986)	(501,155)	(512,010)	(455,773)	(447,782)	(448,419)	(472,986)	(455,773)
Common Shares in Treasury
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	(921,406)	(921,406)	(922,783)	(923,367)	(923,703)	(925,056)	(922,783)	(925,056)
Stock compensation plans	1,499		1,377	249	336	1,353
Ending Balance	(919,907)	(921,406)	(921,406)	(923,118)	(923,367)	(923,703)	(919,907)	(923,118)
Noncontrolling Shareholders’ Interests in Consolidated Subsidiaries
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	18,689	18,028	63,108	61,677	61,580	60,400	63,108	60,400
Net income	519	572	274	(336)	437	200
Other comprehensive loss, excluding currency loss charged to equity as part of acquisition of noncontrolling shareholder interest			(544)
Other comprehensive income (loss)	1,315	89		(1,988)	(340)	980
Acquisition of noncontrolling shareholders' interest			(44,810)
Ending Balance	$ 20,523	$ 18,689	$ 18,028	$ 59,353	$ 61,677	$ 61,580	$ 20,523	$ 59,353

Changes in Accumulated Other _3

Changes in Accumulated Other Comprehensive (Loss) Income by Component - Cumulative Other Comprehensive Loss in Accompanying Consolidated Statements of Equity (Detail) - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2020	Sep. 30, 2019
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance			$ 1,264,625				$ 1,264,625
Other comprehensive (loss) income before reclassifications	$ 22,979	$ 3,156	(84,089)	$ (16,868)	$ (7,361)	$ 7,145
Foreign currency translation (loss) gain	(2,867)	91	4,708	2,201	1,429	(1,460)	1,932	$ 2,170
Income tax effect	6	616	8,841	476	226	245
Income tax effect	(2,052)	(1,886)	(1,765)	(1,987)	(1,917)	(1,953)
Other comprehensive (loss) income	28,169	10,855	(64,430)	(7,991)	637	13,170
Ending balance	1,328,107						1,328,107
Total
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(501,155)	(512,010)	(447,580)	(447,782)	(448,419)	(461,589)	(447,580)	(461,589)
Ending balance	(472,986)	(501,155)	(512,010)	(455,773)	(447,782)	(448,419)	(472,986)	(455,773)
Cumulative Translation Adjustment
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(101,534)	(107,184)	(58,186)	(60,799)	(53,805)	(62,133)	(58,186)	(62,133)
Other comprehensive (loss) income before reclassifications	23,637	5,650	(48,998)	(15,704)	(6,994)	8,328
Other comprehensive (loss) income	23,637	5,650	(48,998)	(15,704)	(6,994)	8,328
Ending balance	(77,897)	(101,534)	(107,184)	(76,503)	(60,799)	(53,805)	(77,897)	(76,503)
Derivative Instruments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(5,827)	(3,623)	(549)	492	1,362	2,150	(549)	2,150
Other comprehensive (loss) income before reclassifications	(658)	(2,494)	(3,601)	(1,164)	(367)	(1,183)
Income tax effect	6	616	984	476	226	245
Amount reclassified from accumulated other comprehensive income (loss)	672	(518)	(510)	(888)	(853)	62
Income tax effect	26	192	53	54	124	88
Other comprehensive (loss) income	46	(2,204)	(3,074)	(1,522)	(870)	(788)
Ending balance	(5,781)	(5,827)	(3,623)	(1,030)	492	1,362	(5,781)	(1,030)
Post- retirement Benefits
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(393,794)	(401,203)	(388,845)	(387,475)	(395,976)	(401,606)	(388,845)	(401,606)
Other comprehensive (loss) income before reclassifications			(31,490)
Foreign currency translation (loss) gain	(2,867)	91	4,708	2,201	1,429	(1,460)
Income tax effect			7,857
Income tax effect	(2,078)	(2,078)	(1,818)	(2,041)	(2,041)	(2,041)
Other comprehensive (loss) income	4,486	7,409	(12,358)	9,235	8,501	5,630
Ending balance	(389,308)	(393,794)	(401,203)	(378,240)	(387,475)	(395,976)	$ (389,308)	$ (378,240)
Net Prior Service
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Amount reclassified from accumulated other comprehensive income (loss)	398	395	236	(102)	(102)	(102)
Actuarial Loss
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Amount reclassified from accumulated other comprehensive income (loss)	$ 9,033	$ 9,001	$ 8,149	$ 9,177	$ 9,215	$ 9,233

Comprehensive (Loss) Income Att

Comprehensive (Loss) Income Attributable to Noncontrolling Shareholders' Interests (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Equity [Abstract]
Net income (loss) attributable to noncontrolling shareholders' interests	$ 519	$ (336)	$ 1,365	$ 301
Other comprehensive income (loss):
Currency translation adjustments	1,315	(1,988)	860	(1,348)
Comprehensive income (loss) attributable to noncontrolling shareholders’ interests	$ 1,834	$ (2,324)	$ 2,225	$ (1,047)

Contingent Liabilities - Additi

Contingent Liabilities - Additional Information (Detail) Tire in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2020USD ($)	Sep. 30, 2020USD ($)Tire	Dec. 31, 2019USD ($)
Commitments and Contingencies Disclosure [Abstract]
Minimum estimated sale of passenger, light truck, SUV, radial medium truck and motorcycle tires per year in North America | Tire		30
Maximum estimated sale of passenger, light truck, SUV, radial medium truck and motorcycle tires per year in North America | Tire		35
Estimated number of Company produced tires of different specifications | Tire		300
Product liability expenses, minimum		$ 0
Product liability expenses, maximum		33,000,000
Loss contingency benefit	$ 48,764,000
Product liability reserve balance	92,311,000	92,311,000	$ 117,219,000
Increase in product liability reserve due to self insured incidents		28,048,000
Settlements and changes in amount of reserves estimated liability increase (decrease)		(48,309,000)
Company paid to resolve cases and claims		4,647,000
Current portion product liability reserve balance	$ 18,418,000	$ 18,418,000	$ 25,366,000

Contingent Liabilities - Produc

Contingent Liabilities - Product Liabilities Expenses (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Commitments and Contingencies Disclosure [Abstract]
Product liability (benefit) expense	$ (35,352)	$ 4,866	$ (12,330)	$ 28,397

Business Segments - Additional

Business Segments - Additional Information (Detail)	Jan. 17, 2019Employee	Sep. 30, 2020StoreSegment
Segment Reporting [Abstract]
Number of reportable segments | Segment		4
Number of stores | Store		3
Number of segments combined | Segment		2
Restructuring, expected number of positions eliminated | Employee	300
Restructuring, remaining number of positions after elimination | Employee	400

Business Segments - Segment Fin

Business Segments - Segment Financial Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Segment Reporting Information [Line Items]
Net sales	$ 764,850	$ 704,134	$ 1,792,803	$ 2,002,428
Operating profit (loss)	171,507	52,769	170,590	110,872
Interest expense	(5,400)	(7,476)	(16,914)	(23,599)
Interest income	559	1,507	2,905	6,887
Other pension and postretirement benefit expense	(5,621)	(9,562)	(15,413)	(28,212)
Other non-operating income (expense)	2,303	(509)	3,678	(593)
Income before income taxes	163,348	36,729	144,846	65,355
Americas Tire
Segment Reporting Information [Line Items]
Net sales	654,944	594,015	1,527,083	1,669,310
International Tire
Segment Reporting Information [Line Items]
Net sales	109,907	110,119	265,720	333,118
Operating Segments | Americas Tire
Segment Reporting Information [Line Items]
Net sales	659,538	601,957	1,542,116	1,699,201
Operating profit (loss)	175,747	67,941	207,970	153,544
Operating Segments | International Tire
Segment Reporting Information [Line Items]
Net sales	142,153	132,270	345,464	414,569
Operating profit (loss)	8,766	(4,831)	(67)	(7,466)
Intercompany
Segment Reporting Information [Line Items]
Net sales	(36,841)	(30,093)	(94,777)	(111,342)
Operating profit (loss)	349	710	1,448	(425)
Intercompany | Americas Tire
Segment Reporting Information [Line Items]
Net sales	4,594	7,942	15,033	29,891
Intercompany | International Tire
Segment Reporting Information [Line Items]
Net sales	32,246	22,151	79,744	81,451
Corporation
Segment Reporting Information [Line Items]
Operating profit (loss)	$ (13,355)	$ (11,051)	$ (38,761)	$ (34,781)

Uncategorized Items - a20200930

Label	Element	Value
Restricted Cash, Current	us-gaap_RestrictedCashCurrent	$ 2,361,000
Restricted Cash, Current	us-gaap_RestrictedCashCurrent	2,850,000
Restricted Cash, Noncurrent	us-gaap_RestrictedCashNoncurrent	1,497,000
Restricted Cash, Noncurrent	us-gaap_RestrictedCashNoncurrent	$ 1,481,000