The Goodyear Tire & Rubber Company (GT) S-3ASR Automatic shelf registration

EXHIBIT 12.1

THE GOODYEAR TIRE & RUBBER COMPANY AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO
COMBINED FIXED CHARGES AND PREFERRED DIVIDENDS

(Dollars in millions)	Year Ended December 31,
	2010			2009			2008		2007		2006
EARNINGS
Pre-tax income (loss) from continuing operations before adjustment for minority interests in consolidated subsidiaries or income or loss from equity investees	$	(3	)	$	(365	)	$	176	$	436	$	(230	)
Add:
Amortization of previously capitalized interest		9			8			8		10		12
Distributed income of equity investees		4			3			3		3		5
Total additions		13			11			11		13		17
Deduct:
Capitalized interest		26			14			23		10		7
Minority interest in pre-tax income of consolidated subsidiaries with no fixed charges		6			4			11		14		8
Total deductions		32			18			34		24		15
TOTAL EARNINGS (LOSS)	$	(22	)	$	(372	)	$	153	$	425	$	(228	)
FIXED CHARGES
Interest expense	$	316		$	311		$	320	$	470	$	467
Capitalized interest		26			14			23		10		7
Amortization of debt discount, premium or expense		14			16			17		26		21
Interest portion of rental expense (1)		111			105			105		101		98
Proportionate share of fixed charges of investees accounted for by the equity method		1			1			1		1		—
TOTAL FIXED CHARGES	$	468		$	447		$	466	$	608	$	593
TOTAL EARNINGS (LOSS) BEFORE FIXED CHARGES	$	446		$	75		$	619	$	1,033	$	365
Preferred Dividends	$	*		$	*		$	*	$	*	$	*
Ratio of pre-tax income to net income		*			*			*		*		*
Preferred Dividend Factor		*			*			*		*		*
Total Fixed Charges	$	468		$	447		$	466	$	608	$	593
TOTAL FIXED CHARGES AND PREFERRED DIVIDENDS	$	468		$	447		$	466	$	608	$	593
RATIO OF EARNINGS TO FIXED CHARGES AND PREFERRED DIVIDENDS		**			***			1.33		1.70		****

*	No preferred shares were outstanding during the periods reflected in the table and thus no preferred dividends were paid.
**	Earnings for the year ended December 31, 2010 were inadequate to cover fixed charges. The coverage deficiency was $22 million.
***	Earnings for the year ended December 31, 2009 were inadequate to cover fixed charges. The coverage deficiency was $372 million.
****	Earnings for the year ended December 31, 2006 were inadequate to cover fixed charges. The coverage deficiency was $228 million.
(1)	Interest portion of rental expense is estimated to equal 1/3 of such expense, which is considered a reasonable approximation of the interest factor.