The Goodyear Tire & Rubber Company (GT) 10-Q 27 Oct 17 2017 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information	9 Months Ended
	Sep. 30, 2017shares
Document and Entity Information [Abstract]
Entity Registrant Name	GOODYEAR TIRE & RUBBER CO /OH/
Entity Central Index Key	42,582
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Sep. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Common Stock, Shares Outstanding	246,327,106

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions	Jul. 12, 2017	Sep. 07, 2016	Jul. 12, 2016	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Income Statement [Abstract]
Net Sales				$ 3,921	$ 3,847	$ 11,306	$ 11,417
Cost of Goods Sold				3,069	2,736	8,626	8,250
Selling, Administrative and General Expense				556	599	1,718	1,807
Rationalizations (Note 2)				46	135	102	194
Interest Expense				84	90	260	285
Other (Income) Expense (Note 3)				4	(23)	9	3
Income before Income Taxes				162	310	591	878
United States and Foreign Taxes (Benefit) Expense (Note 4)				30	(10)	136	161
Net Income (Loss)				132	320	455	717
Less: Minority Shareholders’ Net Income				3	3	13	14
Goodyear Net Income				$ 129	$ 317	$ 442	$ 703
Goodyear Net Income — Per Share of Common Stock
Basic (dollars per share)				$ 0.52	$ 1.21	$ 1.76	$ 2.66
Weighted Average Shares Outstanding - Basic (shares)				250	262	251	264
Diluted (dollars per share)				$ 0.50	$ 1.19	$ 1.73	$ 2.62
Weighted Average Shares Outstanding - Diluted (shares)				254	266	255	268
Cash Dividends Declared Per Common Share (dollars per share)	$ 0.10	$ 0.10	$ 0.07	$ 0.10	$ 0.17	$ 0.30	$ 0.31

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Statement of Comprehensive Income [Abstract]
Net Income	$ 132	$ 320	$ 455	$ 717
Other Comprehensive Income (Loss):
Foreign currency translation, net of tax of $25 and $44 in 2017 ($3 and $17 in 2016)	35	(12)	169	(5)
Defined benefit plans:
Amortization of prior service cost and unrecognized gains and losses included in total benefit cost, net of tax of $10 and $31 in 2017 ($8 and $24 in 2016)	18	17	57	49
(Increase)/Decrease in net actuarial losses, net of tax of ($16) and ($15) in 2017 ($0 and $0 in 2016)	(26)	1	(23)	2
Immediate recognition of prior service cost and unrecognized gains and losses due to curtailments, settlements, and divestitures, net of tax of $9 and $9 in 2017 ($0 and $0 in 2016)	15	0	15	15
Deferred derivative losses, net of tax of ($2) and ($9) in 2017 ($0 and $0 in 2016)	(5)	(1)	(19)	(1)
Reclassification adjustment for amounts recognized in income, net of tax of $0 and ($1) in 2017 ($0 and ($1) in 2016)	1	0	(2)	(5)
Other Comprehensive Income	38	5	197	55
Total comprehensive income	170	325	652	772
Less: Comprehensive Income Attributable to Minority Shareholders	4	3	27	16
Goodyear Comprehensive Income	$ 166	$ 322	$ 625	$ 756

Consolidated Statements of Com4

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Other Comprehensive Income (Loss):
Tax on foreign currency translation	$ 25	$ 3	$ 44	$ 17
Defined benefit plans:
Tax on amortization of prior service cost and unrecognized gains and losses included in total benefit cost	10	8	31	24
Tax on decrease in net actuarial losses	(16)	0	(15)	0
Tax on immediate recognition of prior service cost and unrecognized gains and losses due to curtailments, settlements, and divestitures	9	0	9	0
Tax on deferred derivative losses	(2)	0	(9)	0
Tax on deferred derivative losses reclassification adjustment for amounts recognized in income	$ 0	$ 0	$ (1)	$ (1)

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Current Assets:
Cash and Cash Equivalents	$ 822	$ 1,132
Accounts Receivable, less Allowance — $119 ($101 in 2016)	2,672	1,769
Inventories:
Raw Materials	463	436
Work in Process	145	131
Finished Products	2,383	2,060
Total Inventory	2,991	2,627
Prepaid Expenses and Other Current Assets	242	190
Total Current Assets	6,727	5,718
Goodwill	587	535
Intangible Assets	137	136
Deferred Income Taxes (Note 4)	2,356	2,414
Other Assets	714	668
Property, Plant and Equipment, less Accumulated Depreciation — $9,945 ($9,125 in 2016)	7,331	7,040
Total Assets	17,852	16,511
Current Liabilities:
Accounts Payable — Trade	2,624	2,589
Compensation and Benefits (Notes 9 and 10)	582	584
Other Current Liabilities	1,062	963
Notes Payable and Overdrafts (Note 7)	276	245
Long Term Debt and Capital Leases due Within One Year (Note 7)	378	436
Total Current Liabilities	4,922	4,817
Long Term Debt and Capital Leases (Note 7)	5,737	4,798
Compensation and Benefits (Notes 9 and 10)	1,459	1,460
Deferred Income Taxes (Note 4)	91	85
Other Long Term Liabilities	522	626
Total Liabilities	12,731	11,786
Commitments and Contingent Liabilities (Note 11)
Common Stock, no par value:
Authorized, 450 million shares, Outstanding shares — 246 and 252 million in 2017 and 2016 after deducting 32 and 26 million treasury shares in 2017 and 2016	246	252
Capital Surplus	2,476	2,645
Retained Earnings	6,175	5,808
Accumulated Other Comprehensive Loss	(4,015)	(4,198)
Goodyear Shareholders’ Equity	4,882	4,507
Minority Shareholders’ Equity — Nonredeemable	239	218
Total Shareholders’ Equity	5,121	4,725
Total Liabilities and Shareholders’ Equity	$ 17,852	$ 16,511

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Current Assets:
Allowance for Accounts Receivable	$ 119	$ 101
Accumulated Depreciation	$ 9,945	$ 9,125
Goodyear Shareholders’ Equity:
Common Stock, par value (dollars per share)	$ 0	$ 0
Common Stock, authorized (shares)	450,000,000	450,000,000
Common Stock, outstanding (shares)	246,000,000	252,000,000
Treasury shares (shares)	32,000,000	26,000,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Cash Flows from Operating Activities:
Net Income	$ 455	$ 717
Adjustments to Reconcile Net Income to Cash Flows from Operating Activities:
Depreciation and Amortization	586	536
Amortization and Write-Off of Debt Issuance Costs	17	24
Provision for Deferred Income Taxes	33	31
Net Pension Curtailments and Settlements	13	13
Net Rationalization Charges (Note 2)	102	194
Rationalization Payments	(96)	(68)
Net (Gains) Losses on Asset Sales (Note 3)	(14)	(28)
Pension Contributions and Direct Payments	(67)	(71)
Changes in Operating Assets and Liabilities, Net of Asset Acquisitions and Dispositions:
Accounts Receivable	(807)	(570)
Inventories	(254)	(236)
Accounts Payable — Trade	5	(144)
Compensation and Benefits	(27)	(68)
Other Current Liabilities	(51)	11
Other Assets and Liabilities	(49)	(51)
Total Cash Flows from Operating Activities	(154)	290
Cash Flows from Investing Activities:
Capital Expenditures	(683)	(711)
Asset Dispositions (Note 3)	9	13
Short Term Securities Acquired	(51)	(46)
Short Term Securities Redeemed	51	34
Other Transactions	(1)	2
Total Cash Flows from Investing Activities	(675)	(708)
Cash Flows from Financing Activities:
Short Term Debt and Overdrafts Incurred	544	219
Short Term Debt and Overdrafts Paid	(523)	(99)
Long Term Debt Incurred	4,972	4,129
Long Term Debt Paid	(4,193)	(4,025)
Common Stock Issued	12	9
Common Stock Repurchased (Note 12)	(205)	(200)
Common Stock Dividends Paid (Note 12)	(75)	(56)
Transactions with Minority Interests in Subsidiaries	(6)	(9)
Debt Related Costs and Other Transactions	(69)	(77)
Total Cash Flows from Financing Activities	457	(109)
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash	51	25
Net Change in Cash, Cash Equivalents and Restricted Cash	(321)	(502)
Cash, Cash Equivalents and Restricted Cash at Beginning of the Period	1,189	1,502
Cash, Cash Equivalents and Restricted Cash at End of the Period	$ 868	$ 1,000

Accounting Policies

Accounting Policies	9 Months Ended
	Sep. 30, 2017
Accounting Policies [Abstract]
ACCOUNTING POLICIES	ACCOUNTING POLICIES Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared by The Goodyear Tire & Rubber Company (the “Company,” “Goodyear,” “we,” “us” or “our”) in accordance with Securities and Exchange Commission rules and regulations and generally accepted accounting principles in the United States of America ("US GAAP") and in the opinion of management contain all adjustments (including normal recurring adjustments) necessary to fairly state the financial position, results of operations and cash flows for the periods presented. The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. These interim consolidated financial statements should be read in conjunction with the consolidated financial statements and related notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2016 (the “ 2016 Form 10-K”). Operating results for the three and nine months ended September 30, 2017 are not necessarily indicative of the results expected in subsequent quarters or for the year ending December 31, 2017 . Recently Adopted Accounting Standards Effective January 1, 2017, we adopted an accounting standards update with new guidance on the transition to the equity method of accounting. The new guidance eliminates the requirement for an investor to retrospectively apply equity method accounting when an investment that it had accounted for by another method initially qualifies for the equity method. Instead, the investor is required to apply the equity method prospectively from the date the investment qualifies for the equity method. In addition, an entity that has an available-for-sale equity security that becomes qualified for the equity method must recognize through earnings the unrealized holding gain or loss in accumulated other comprehensive income at the date the investment qualifies for the equity method. The adoption of this standards update did not impact our consolidated financial statements. Effective January 1, 2017, we adopted an accounting standards update with new guidance on the measurement of inventory. Inventory within the scope of this update is required to be measured at the lower of its cost or net realizable value, with net realizable value being the estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. The adoption of this standards update did not impact our consolidated financial statements. Effective January 1, 2017, we early adopted an accounting standards update with new guidance on how certain cash receipts and cash payments are presented and classified in the statement of cash flows. This update provides guidance on eight specific cash flow issues. As a result of the adoption, premiums for debt extinguishment of $53 million were reclassified from Operating Activities to Financing Activities in the statement of cash flows for the nine months ended September 30, 2016. The other seven specific cash flow issues were either not applicable to Goodyear or the treatment has not changed from our current practice. Effective January 1, 2017, we early adopted an accounting standards update with new guidance on the presentation of restricted cash in the statement of cash flows. The standards update requires that the reconciliation of the beginning and end of period cash amounts shown in the statement of cash flows include restricted cash. When restricted cash is presented separately from cash and cash equivalents on the balance sheet, a reconciliation is required between the amounts presented on the statement of cash flows and the balance sheet. Also, the new guidance requires the disclosure of information about the nature of the restrictions. The restricted cash balances as of September 30, 2017, December 31, 2016, and September 30, 2016 were $46 million , $57 million and $25 million , respectively. Recently Issued Accounting Standards In August 2017, the Financial Accounting Standards Board ("FASB") issued an accounting standards update with new guidance intended to reduce complexity in hedge accounting and make hedge results easier to understand. This includes simplifying how hedge results are presented and disclosed in the financial statements, expanding the types of hedge strategies allowed and providing relief around the documentation and assessment requirements. The standards update is effective using a modified retrospective approach, with the presentation and disclosure guidance required prospectively, for fiscal years and interim periods beginning after December 15, 2018, with early adoption permitted. We are currently assessing the impact of this standards update on our consolidated financial statements. In May 2017, the FASB issued an accounting standards update with new guidance to clarify when changes to the terms or conditions of a share-based payment award must be accounted for as a modification. The new guidance requires the application of modification accounting if the value, vesting conditions or classification of the award changes. The standards update is effective prospectively for fiscal years and interim periods beginning after December 15, 2017, with early adoption permitted. The adoption of this standards update is not expected to impact our consolidated financial statements. In March 2017, the FASB issued an accounting standards update intended to improve the financial statement presentation of pension and postretirement benefits cost. The standards update requires employers that offer defined benefit pension or other postretirement benefit plans to report service cost in the same income statement line as compensation costs and to report non-service related costs separately from service cost outside a sub-total of income from operations, if one is presented. Currently, the Company records both service and non-service related costs in selling, administrative and general expense ("SAG") and cost of goods sold ("CGS"), as appropriate. Under the new standard, non-service related costs, which are expected to total approximately $70 million for full-year 2017, will be recorded in Other (Income) Expense. In addition, the new guidance allows only service cost to be capitalized. The standards update is effective retrospectively for the financial statement presentation of benefits cost and prospectively for the capitalization of service cost for fiscal years and interim periods beginning after December 15, 2017, with early adoption permitted. In January 2017, the FASB issued an accounting standards update with new guidance intended to simplify the subsequent measurement of goodwill. The standards update eliminates the requirement for an entity to calculate the implied fair value of goodwill to measure a goodwill impairment charge. Instead, an entity will perform its annual, or interim, goodwill impairment testing by comparing the fair value of a reporting unit with its carrying amount and recording an impairment charge for the amount by which the carrying amount exceeds the fair value. The standards update is effective prospectively for annual and interim goodwill impairment testing performed in fiscal years beginning after December 15, 2019, with early adoption permitted. The adoption of this standards update is not expected to impact our consolidated financial statements. In October 2016, the FASB issued an accounting standards update with new guidance on the accounting for the income tax consequences of intra-entity transfers of assets other than inventory, including the elimination of the prohibition on recognition of current and deferred income taxes on such transfers . The standards update is effective using the modified retrospective approach for fiscal years and interim periods beginning after December 15, 2017, with early adoption permitted. The adoption of this standards update is not expected to have a material impact on our consolidated financial statements. In February 2016, the FASB issued an accounting standards update with new guidance intended to increase transparency and comparability among organizations relating to leases. Lessees will be required to recognize a liability to make lease payments and a right-of-use asset representing the right to use the underlying asset for the lease term. The FASB retained a dual model for lease classification, requiring leases to be classified as finance or operating leases to determine recognition in the statements of operations and cash flows; however, substantially all leases will be required to be recognized on the balance sheet. Lessor accounting is largely unchanged from the current accounting model. The standards update will also require quantitative and qualitative disclosures regarding key information about leasing arrangements. The standards update is effective using the modified retrospective approach for fiscal years and interim periods beginning after December 15, 2018, with early adoption permitted. The standard provides for certain practical expedients. The transition will require application at the beginning of the earliest comparative period presented at the time of adoption. We are substantially complete with aggregating our worldwide lease contracts, are in the process of evaluating these lease contracts and are in the early stages of implementing a new lease accounting system to support the accounting and disclosure requirements of this standards update. The adoption of this standards update is expected to have a material impact on our financial statements as the Company has significant operating lease commitments that are off-balance sheet in accordance with current US GAAP. In May 2014, the FASB issued an accounting standards update with new guidance on recognizing revenue from contracts with customers. The standards update outlines a single comprehensive model for entities to utilize to recognize revenue when it transfers goods or services to customers in an amount that reflects the consideration that will be received in exchange for the goods and services. Additional disclosures will also be required to enable users to understand the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. In 2016, the FASB issued several amendments which provide clarification, additional guidance, practical expedients and technical corrections. In August 2015, the FASB deferred the effective date of this standards update to fiscal years beginning after December 15, 2017, with early adoption permitted on the original effective date of fiscal years beginning after December 15, 2016. The standard permits the use of either a retrospective or modified retrospective approach. We intend to use the modified retrospective approach. The adoption of this standards update is not expected to have a material impact on our consolidated financial statements. We will continue our evaluation of the standards update through the date of adoption, including assessing the impact of required new disclosures. Principles of Consolidation The consolidated financial statements include the accounts of all legal entities in which we hold a controlling financial interest. A controlling financial interest generally arises from our ownership of a majority of the voting shares of our subsidiaries. We would also hold a controlling financial interest in variable interest entities if we are considered to be the primary beneficiary. Investments in companies in which we do not own a majority interest and we have the ability to exercise significant influence over operating and financial policies are accounted for using the equity method. Investments in other companies are carried at cost. All intercompany balances and transactions have been eliminated in consolidation. Restricted Cash The following table provides a reconciliation of Cash, Cash Equivalents and Restricted Cash as reported within the Consolidated Statements of Cash Flows: (In millions) September 30, 2017 2016 Cash and Cash Equivalents $ 822 $ 975 Restricted Cash 46 25 Total Cash, Cash Equivalents and Restricted Cash $ 868 $ 1,000 Restricted Cash, which is included in Prepaid Expenses and Other Current Assets in the Consolidated Balance Sheets, primarily represents amounts required to be set aside in connection with accounts receivable factoring programs and funds obtained under certain Chinese credit facilities for plant expansion in China. The restrictions lapse when cash from factored accounts receivable is remitted to the purchaser of those receivables or when funds are used for plant expansion expenditures, respectively. Reclassifications and Adjustments Certain items previously reported in specific financial statement captions have been reclassified to conform to the current presentation.

Costs Associated with Rationali

Costs Associated with Rationalization Programs	9 Months Ended
	Sep. 30, 2017
Restructuring and Related Activities [Abstract]
COSTS ASSOCIATED WITH RATIONALIZATION PROGRAMS	COSTS ASSOCIATED WITH RATIONALIZATION PROGRAMS In order to maintain our global competitiveness, we have implemented rationalization actions over the past several years to reduce high-cost and excess manufacturing capacity and associate headcount. The following table shows the roll-forward of our liability between periods: Other Exit and (In millions) Associate- Non-cancelable Related Costs Lease Costs Total Balance at December 31, 2016 $ 214 $ 5 $ 219 2017 Charges (1) 70 25 95 Incurred, including net Foreign Currency Translation of $23 million and $0 million, respectively (47 ) (26 ) (73 ) Reversed to the Statements of Operations (7 ) — (7 ) Balance at September 30, 2017 $ 230 $ 4 $ 234 (1) Charges of $95 million exclude $14 million of benefit plan curtailments and settlements recorded in Rationalizations in the Statement of Operations. Rationalization actions accrued at September 30, 2017 include $118 million related to the closure of our tire manufacturing facility in Philippsburg, Germany. The closure is in furtherance of our strategy to capture the growing demand for premium, large-rim diameter tires in part by reducing excess capacity in declining, less profitable segments of the tire market. Approximately $65 million of the accrued charges related to the closure are expected to be paid during the fourth quarter of 2017 with the remainder paid in 2018. The remainder of the accrual balance at September 30, 2017 is expected to be substantially utilized within the next 12 months and includes $36 million related to global plans to reduce SAG headcount, $30 million related to manufacturing headcount reductions in certain countries in Europe, Middle East and Africa ("EMEA"), and $17 million related to a SAG headcount reduction plan in certain countries in EMEA. The following table shows net rationalization charges included in Income before Income Taxes: Three Months Ended Nine Months Ended (In millions) September 30, September 30, 2017 2016 2017 2016 Current Year Plans Associate Severance and Other Related Costs $ 26 $ 128 $ 51 $ 171 Other Exit and Non-Cancelable Lease Costs — — 1 — Current Year Plans - Net Charges $ 26 $ 128 $ 52 $ 171 Prior Year Plans Associate Severance and Other Related Costs $ (5 ) $ — $ 12 $ 10 Benefit Plan Curtailments and Settlements 13 1 14 — Other Exit and Non-Cancelable Lease Costs 12 6 24 13 Prior Year Plans - Net Charges 20 7 50 23 Total Net Charges $ 46 $ 135 $ 102 $ 194 Asset Write-off and Accelerated Depreciation Charges $ 10 $ 3 $ 39 $ 10 Substantially all of the new charges for the three and nine months ended September 30, 2017 and 2016 related to future cash outflows. Net current year plan charges for the three and nine months ended September 30, 2017 include charges of $25 million related to a global plan to reduce SAG headcount. Net current year plan charges for the nine months ended September 30, 2017 also include charges of $20 million related to SAG headcount reductions in certain countries in EMEA and $7 million related to a plan to improve operating efficiency in EMEA. Net current year plan charges for the three and nine months ended September 30, 2016 primarily related to the closure of our tire manufacturing facility in Philippsburg, Germany, manufacturing headcount reductions in EMEA to improve operating efficiency and a separate plan to reduce SAG headcount globally. Net prior year plan charges for the three months ended September 30, 2017 include $9 million related to the closure of our tire manufacturing facility in Philippsburg, Germany and $9 million related to a separate global plan to reduce SAG headcount. Net prior year plan charges for the nine months ended September 30, 2017 include $29 million related to the closure of our tire manufacturing facility in Philippsburg, Germany, $9 million related to a separate global plan to reduce SAG headcount and $9 million related to manufacturing headcount reductions in certain countries in EMEA. Net prior year plan charges for the three and nine months ended September 30, 2016 include charges of $2 million and $11 million , respectively, for associate severance and idle plant costs related to the closure of one of our manufacturing facilities in Amiens, France. Net charges for the three and nine months ended September 30, 2017 included reversals of $5 million and $7 million , respectively, for actions no longer needed for their originally intended purposes. Ongoing rationalization plans had approximately $595 million in charges incurred prior to 2017 and approximately $45 million is expected to be incurred in future periods. Approximately 400 associates will be released under new plans initiated in 2017, of which approximately 100 were released through September 30, 2017. In the first nine months of 2017, approximately 1,100 associates were released under plans initiated in prior years, primarily related to the closure of our tire manufacturing facility in Philippsburg, Germany. Approximately 750 associates remain to be released under all ongoing rationalization plans. Approximately 850 former associates of the closed Amiens, France manufacturing facility have asserted wrongful termination or other claims against us. Refer to Note to the Consolidated Financial Statements No. 11, Commitments and Contingent Liabilities, in this Form 10-Q. Accelerated depreciation charges for the three and nine months ended September 30, 2017 primarily related to the closure of our tire manufacturing facility in Philippsburg, Germany. Accelerated depreciation charges for the three and nine months ended September 30, 2016 primarily related to the closure of our Wolverhampton, U.K. mixing and retreading facility. Asset write-off and accelerated depreciation charges for all periods were recorded in CGS.

Other (Income) Expense

Other (Income) Expense	9 Months Ended
	Sep. 30, 2017
Other Income and Expenses [Abstract]
OTHER (INCOME) EXPENSE	OTHER (INCOME) EXPENSE Three Months Ended Nine Months Ended September 30, September 30, (In millions) 2017 2016 2017 2016 Financing fees and financial instruments $ 8 $ 7 $ 48 $ 75 Royalty income (10 ) (4 ) (26 ) (18 ) Net (gains) losses on asset sales (1 ) (27 ) (14 ) (28 ) Interest income (3 ) (4 ) (10 ) (12 ) Net foreign currency exchange (gains) losses (1 ) (1 ) (4 ) (4 ) General and product liability expense (income) - discontinued products (3 ) 2 — (14 ) Miscellaneous expense 14 4 15 4 $ 4 $ (23 ) $ 9 $ 3 Financing fees and financial instruments consist of commitment fees and charges incurred in connection with financing transactions. Financing fees and financial instruments for the nine months ended September 30, 2017 include a redemption premium of $25 million related to the redemption of our $700 million 7% senior notes due 2022 in May 2017. Financing fees and financial instruments for the nine months ended September 30, 2016 include redemption premiums of $53 million related to the redemption of our $900 million 6.5% senior notes due 2021 in June 2016 and our €250 million 6.75% senior notes due 2019 in January 2016. Net (gains) losses on asset sales for the nine months ended September 30, 2017 include a gain of $6 million related to the sale of a former wire plant site in Luxembourg. Net (gains) losses on asset sales for the three and nine months ended September 30, 2016 include a $16 million gain related to the sale of the former wire plant site and a $9 million gain related to the sale of our interest in a supply chain logistics company. General and product liability expense (income) - discontinued products consists of charges for claims against us related primarily to asbestos personal injury claims, net of probable insurance recoveries. General and product liability expense (income) - discontinued products for the three and nine months ended September 30, 2017 includes a benefit of $5 million for the recovery of past costs from certain asbestos insurers. General and product liability expense (income) - discontinued products for the nine months ended September 30, 2016 includes a benefit of $4 million for the recovery of past costs from certain asbestos insurers and a benefit of $10 million related to changes in assumptions for probable insurance recoveries for asbestos claims in future periods. Miscellaneous expense for the three and nine months ended September 30, 2017 includes $12 million related to expenses incurred by the Company as a direct result of hurricanes Harvey and Irma during the third quarter of 2017. Also, included in Other (Income) Expense is royalty income which is derived primarily from licensing arrangements related to divested businesses as well as other licensing arrangements, interest income which primarily consists of amounts earned on cash deposits, and net foreign currency exchange (gains) losses.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2017
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES In the third quarter of 2017 , we recorded tax expense of $30 million on income before income taxes of $162 million . For the first nine months of 2017 , we recorded tax expense of $136 million on income before income taxes of $591 million . Income tax expense for the three and nine months ended September 30, 2017 was favorably impacted by $12 million and $23 million of various discrete tax adjustments, respectively. In the third quarter of 2016, we recorded a net tax benefit of $10 million on income before income taxes of $310 million . For the first nine months of 2016, we recorded tax expense of $161 million on income before income taxes of $878 million . Income tax benefit and expense for the three and nine months ended September 30, 2016 was favorably impacted by $118 million and $127 million of various discrete tax adjustments, respectively, primarily comprised of a tax benefit resulting from changing our election for our 2009, 2010 and 2012 U.S. tax years from deducting foreign taxes to crediting foreign taxes. We record taxes based on overall estimated annual effective tax rates. The difference between our effective tax rate and the U.S. statutory rate was primarily attributable to the discrete items noted above and an overall lower effective tax rate in the foreign jurisdictions in which we operate. Our losses in various foreign taxing jurisdictions in recent periods represented sufficient negative evidence to require us to maintain a full valuation allowance against certain of our net foreign deferred tax assets. Each reporting period we assess available positive and negative evidence and estimate if sufficient future taxable income will be generated to utilize these existing deferred tax assets. We do not believe that sufficient positive evidence required to release all or a significant portion of these valuation allowances will exist within the next twelve months. At January 1, 2017 , we had unrecognized tax benefits of $63 million that if recognized, would have a favorable impact on our tax expense of $47 million . We had accrued interest of $4 million as of January 1, 2017 . If not favorably settled, $12 million of the unrecognized tax benefits and all of the accrued interest would require the use of our cash. We do not expect any changes to our unrecognized tax benefits during 2017 to have a significant impact on our financial position or results of operations. We are open to examination in the United States for 2016 and in Germany from 2013 onward. Generally, for our remaining tax jurisdictions, years from 2012 onward are still open to examination.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2017
Earnings Per Share [Abstract]
EARNINGS PER SHARE	EARNINGS PER SHARE Basic earnings per share are computed based on the weighted average number of common shares outstanding. Diluted earnings per share are calculated to reflect the potential dilution that could occur if securities or other contracts were exercised or converted into common stock. Basic and diluted earnings per common share are calculated as follows: Three Months Ended Nine Months Ended September 30, September 30, (In millions, except per share amounts) 2017 2016 2017 2016 Earnings per share — basic: Goodyear net income $ 129 $ 317 $ 442 $ 703 Weighted average shares outstanding 250 262 251 264 Earnings per common share — basic $ 0.52 $ 1.21 $ 1.76 $ 2.66 Earnings per share — diluted: Goodyear net income $ 129 $ 317 $ 442 $ 703 Weighted average shares outstanding 250 262 251 264 Dilutive effect of stock options and other dilutive securities 4 4 4 4 Weighted average shares outstanding — diluted 254 266 255 268 Earnings per common share — diluted $ 0.50 $ 1.19 $ 1.73 $ 2.62 Weighted average shares outstanding - diluted for the three and nine months ended September 30, 2017 and for the nine months ended September 30, 2016 exclude approximately 1 million equivalent shares related to options with exercise prices greater than the average market price of our common shares (i.e., "underwater" options). There were no equivalent shares related to options with exercise prices greater than the average market price of our common shares for the three months ended September 30, 2016.

Business Segments

Business Segments	9 Months Ended
	Sep. 30, 2017
Segment Reporting [Abstract]
BUSINESS SEGMENTS	BUSINESS SEGMENTS Three Months Ended Nine Months Ended September 30, September 30, (In millions) 2017 2016 2017 2016 Sales: Americas $ 2,041 $ 2,070 $ 6,028 $ 6,111 Europe, Middle East and Africa 1,311 1,236 3,664 3,748 Asia Pacific 569 541 1,614 1,558 Net Sales $ 3,921 $ 3,847 $ 11,306 $ 11,417 Segment Operating Income: Americas $ 189 $ 305 $ 616 $ 856 Europe, Middle East and Africa 87 152 262 380 Asia Pacific 81 99 225 270 Total Segment Operating Income $ 357 $ 556 $ 1,103 $ 1,506 Less: Rationalizations $ 46 $ 135 $ 102 $ 194 Interest expense 84 90 260 285 Other (income) expense (Note 3) 4 (23 ) 9 3 Asset write-offs and accelerated depreciation 10 3 39 10 Corporate incentive compensation plans — 20 27 60 Pension curtailments/settlements 13 — 13 14 Intercompany profit elimination 21 2 16 7 Retained expenses of divested operations 3 2 9 12 Other 14 17 37 43 Income before Income Taxes $ 162 $ 310 $ 591 $ 878 Rationalizations, as described in Note to the Consolidated Financial Statements No. 2, Costs Associated with Rationalization Programs, Net (gains) losses on asset sales and Asset write-offs and accelerated depreciation were not charged (credited) to the SBUs for performance evaluation purposes but were attributable to the SBUs as follows: Three Months Ended Nine Months Ended September 30, September 30, (In millions) 2017 2016 2017 2016 Rationalizations: Americas $ 4 $ 6 $ 6 $ 10 Europe, Middle East and Africa 25 126 78 179 Asia Pacific 1 — 2 1 Total Segment Rationalizations $ 30 $ 132 $ 86 $ 190 Corporate 16 3 16 4 Total Rationalizations $ 46 $ 135 $ 102 $ 194 Net (Gains) Losses on Asset Sales: Americas $ (1 ) $ — $ (4 ) $ — Europe, Middle East and Africa — (18 ) (10 ) (18 ) Asia Pacific — — — (1 ) Total Segment Asset Sales $ (1 ) $ (18 ) $ (14 ) $ (19 ) Corporate — (9 ) — (9 ) Total Net (Gains) Losses on Asset Sales $ (1 ) $ (27 ) $ (14 ) $ (28 ) Asset Write-offs and Accelerated Depreciation: Americas $ — $ 1 $ — $ 1 Europe, Middle East and Africa 10 2 39 9 Total Segment Asset Write-offs and Accelerated Depreciation $ 10 $ 3 $ 39 $ 10

Financing Arrangements and Deri

Financing Arrangements and Derivative Financial Instruments	9 Months Ended
	Sep. 30, 2017
Financing Arrangements and Derivative Financial Instruments [Abstract]
FINANCING ARRANGEMENTS AND DERIVATIVE FINANCIAL INSTRUMENTS	FINANCING ARRANGEMENTS AND DERIVATIVE FINANCIAL INSTRUMENTS At September 30, 2017 , we had total credit arrangements of $8,851 million , of which $2,420 million were unused. At that date, 41% of our debt was at variable interest rates averaging 4.08% . Notes Payable and Overdrafts, Long Term Debt and Capital Leases due Within One Year and Short Term Financing Arrangements At September 30, 2017 , we had short term committed and uncommitted credit arrangements totaling $627 million , of which $351 million were unused. These arrangements are available primarily to certain of our foreign subsidiaries through various banks at quoted market interest rates. The following table presents amounts due within one year: September 30, December 31, (In millions) 2017 2016 Notes payable and overdrafts $ 276 $ 245 Weighted average interest rate 5.98 % 6.18 % Chinese credit facilities $ 125 $ 146 Other domestic and foreign debt (including capital leases) 253 290 Long term debt and capital leases due within one year $ 378 $ 436 Weighted average interest rate 6.98 % 9.39 % Total obligations due within one year $ 654 $ 681 Long Term Debt and Capital Leases and Financing Arrangements At September 30, 2017 , we had long term credit arrangements totaling $8,224 million , of which $2,069 million were unused. The following table presents long term debt and capital leases, net of unamortized discounts, and interest rates: September 30, 2017 December 31, 2016 Interest Interest (In millions) Amount Rate Amount Rate Notes: 8.75% due 2020 $ 275 $ 273 7% due 2022 — 700 5.125% due 2023 1,000 1,000 3.75% Euro Notes due 2023 296 264 5% due 2026 900 900 4.875% due 2027 700 — 7% due 2028 150 150 Credit Facilities: $2.0 billion first lien revolving credit facility due 2021 375 2.45 % 85 1.98 % Second lien term loan facility due 2019 399 3.24 % 399 3.75 % €550 million revolving credit facility due 2020 390 1.75 % — — Pan-European accounts receivable facility 241 0.89 % 198 0.98 % Chinese credit facilities 247 4.81 % 315 4.68 % Other foreign and domestic debt (1) 1,145 6.08 % 951 9.14 % 6,118 5,235 Unamortized deferred financing fees (43 ) (42 ) 6,075 5,193 Capital lease obligations 40 41 6,115 5,234 Less portion due within one year (378 ) (436 ) $ 5,737 $ 4,798 (1) Interest rates are weighted average interest rates related to various foreign credit facilities with customary terms and conditions and domestic debt related to our Global and Americas Headquarters. NOTES $700 million 4.875% Senior Notes due 2027 In March 2017, we issued $700 million in aggregate principal amount of 4.875% senior notes due 2027. These notes were sold at 100% of the principal amount and will mature on March 15, 2027. These notes are unsecured senior obligations and are guaranteed by our U.S. and Canadian subsidiaries that also guarantee our obligations under our U.S. senior secured credit facilities described below. $700 million 7% Senior Notes due 2022 In May 2017, we used the proceeds from the $700 million 4.875% senior notes due 2027, together with cash and cash equivalents, to redeem in full our $700 million 7% senior notes due 2022, which included the payment of a $25 million redemption premium plus accrued and unpaid interest to the redemption date. We also recorded $6 million of expense for the write-off of deferred financing fees as a result of the redemption. CREDIT FACILITIES $2.0 billion Amended and Restated First Lien Revolving Credit Facility due 2021 Our amended and restated first lien revolving credit facility is available in the form of loans or letters of credit, with letter of credit availability limited to $800 million . Subject to the consent of the lenders whose commitments are to be increased, we may request that the facility be increased by up to $250 million . Our obligations under the facility are guaranteed by most of our wholly-owned U.S. and Canadian subsidiaries. Our obligations under the facility and our subsidiaries' obligations under the related guarantees are secured by first priority security interests in a variety of collateral. Based on our current liquidity, amounts drawn under this facility bear interest at LIBOR plus 125 basis points, and undrawn amounts under the facility will be subject to an annual commitment fee of 30 basis points. Availability under the facility is subject to a borrowing base, which is based primarily on (i) eligible accounts receivable and inventory of The Goodyear Tire & Rubber Company and certain of its U.S. and Canadian subsidiaries, (ii) the value of our principal trademarks, and (iii) certain cash in an amount not to exceed $200 million. To the extent that our eligible accounts receivable and inventory and other components of the borrowing base decline in value, our borrowing base will decrease and the availability under the facility may decrease below $2.0 billion. As of September 30, 2017 , our borrowing base, and therefore our availability, under this facility was $266 million below the facility's stated amount of $2.0 billion . The facility has customary representations and warranties including, as a condition to borrowing, that all such representations and warranties are true and correct, in all material respects, on the date of the borrowing, including representations as to no material adverse change in our business or financial condition since December 31, 2015. The facility also has customary defaults, including a cross-default to material indebtedness of Goodyear and our subsidiaries. At September 30, 2017 , we had $375 million of borrowings and $37 million of letters of credit issued under the revolving credit facility. At December 31, 2016 , we had $85 million of borrowings and $40 million of letters of credit issued under the revolving credit facility. Amended and Restated Second Lien Term Loan Facility due 2019 In March 2017, we amended our second lien term loan facility. As a result of the amendment, the term loan now bears interest, at our option, at (i) 200 basis points over LIBOR or (ii) 100 basis points over an alternative base rate (the higher of (a) the prime rate, (b) the federal funds effective rate or the overnight bank funding rate plus 50 basis points or (c) LIBOR plus 100 basis points). In addition, if the Total Leverage Ratio is equal to or less than 1.25 to 1.00, we have the option to further reduce the spreads described above by 25 basis points. "Total Leverage Ratio" has the meaning given it in the facility. Our obligations under our second lien term loan facility are guaranteed by most of our wholly-owned U.S. and Canadian subsidiaries and are secured by second priority security interests in the same collateral securing the $2.0 billion first lien revolving credit facility. At September 30, 2017 and December 31, 2016, the amounts outstanding under this facility were $399 million . €550 million Amended and Restated Senior Secured European Revolving Credit Facility due 2020 Our amended and restated €550 million European revolving credit facility consists of (i) a €125 million German tranche that is available only to Goodyear Dunlop Tires Germany GmbH (“GDTG”) and (ii) a €425 million all-borrower tranche that is available to Goodyear Dunlop Tires Europe B.V. ("GDTE"), GDTG and Goodyear Dunlop Tires Operations S.A. Up to €150 million of swingline loans and €50 million in letters of credit are available for issuance under the all-borrower tranche. Amounts drawn under this facility will bear interest at LIBOR plus 175 basis points for loans denominated in U.S. dollars or pounds sterling and EURIBOR plus 175 basis points for loans denominated in euros, and undrawn amounts under the facility will be subject to an annual commitment fee of 30 basis points. GDTE and certain of its subsidiaries in the United Kingdom, Luxembourg, France and Germany provide guarantees to support the facility. The German guarantors secure the German tranche on a first-lien basis and the all-borrower tranche on a second-lien basis. GDTE and its other subsidiaries that provide guarantees secure the all-borrower tranche on a first-lien basis and generally do not provide collateral support for the German tranche. The Company and its U.S. subsidiaries and primary Canadian subsidiary that guarantee our U.S. senior secured credit facilities described above also provide unsecured guarantees in support of the facility. The facility has customary representations and warranties including, as a condition to borrowing, that all such representations and warranties are true and correct, in all material respects, on the date of the borrowing, including representations as to no material adverse change in our business or financial condition since December 31, 2014. The facility also has customary defaults, including a cross-default to material indebtedness of Goodyear and our subsidiaries. At September 30, 2017 , there were $148 million ( €125 million ) of borrowings outstanding under the German tranche and there were $242 million ( €205 million ) of borrowings outstanding under the all-borrower tranche. At December 31, 2016, there were no borrowings outstanding under the European revolving credit facility. There were no letters of credit issued at September 30, 2017 and December 31, 2016. Accounts Receivable Securitization Facilities (On-Balance Sheet) GDTE and certain other of our European subsidiaries are parties to a pan-European accounts receivable securitization facility that expires in 2019. The terms of the facility provide the flexibility to designate annually the maximum amount of funding available under the facility in an amount of not less than €45 million and not more than €450 million . For the period beginning October 16, 2016 to October 15, 2017, the designated maximum amount of the facility was €320 million . Effective October 16, 2017, the designated maximum amount of the facility was reduced to €275 million . The facility involves an ongoing daily sale of substantially all of the trade accounts receivable of certain GDTE subsidiaries to a bankruptcy-remote French company controlled by one of the liquidity banks in the facility. These subsidiaries retain servicing responsibilities. Utilization under this facility is based on eligible receivable balances . The funding commitments under the facility will expire upon the earliest to occur of: (a) September 25, 2019 , (b) the non-renewal and expiration (without substitution) of all of the back-up liquidity commitments, (c) the early termination of the facility according to its terms (generally upon an Early Amortisation Event (as defined in the facility), which includes, among other things, events similar to the events of default under our senior secured credit facilities; certain tax law changes; or certain changes to law, regulation or accounting standards), or (d) our request for early termination of the facility. The facility’s current back-up liquidity commitments will expire on October 15, 2018. At September 30, 2017 , the amounts available and utilized under this program totaled $241 million ( €204 million ). At December 31, 2016 , the amounts available and utilized under this program totaled $198 million ( €188 million ). The program does not qualify for sale accounting, and accordingly, these amounts are included in Long Term Debt and Capital Leases. In addition to the pan-European accounts receivable securitization facility discussed above, subsidiaries in Australia have an accounts receivable securitization program that provides flexibility to designate semi-annually the maximum amount of funding available under the facility in an amount of not less than 60 million Australian dollars and not more than 85 million Australian dollars. From July 1, 2016 to December 31, 2017, the designated maximum amount of the facility is 60 million Australian dollars. At September 30, 2017 , the amounts available and utilized under this program were $31 million (AUD 39 million ) and $29 million (AUD 37 million ), respectively. At December 31, 2016 , the amounts available and utilized under this program were $28 million (AUD 39 million ) and $12 million (AUD 16 million ), respectively. The receivables sold under this program also serve as collateral for the related facility. We retain the risk of loss related to these receivables in the event of non-payment. These amounts are included in Long Term Debt and Capital Leases due Within One Year. For a description of the collateral securing the credit facilities described above as well as the covenants applicable to them, refer to Note to the Consolidated Financial Statements No. 15, Financing Arrangements and Derivative Financial Instruments, in our 2016 Form 10-K. Accounts Receivable Factoring Facilities (Off-Balance Sheet) We have sold certain of our trade receivables under off-balance sheet programs. For these programs, we have concluded that there is generally no risk of loss to us from non-payment of the sold receivables. At September 30, 2017 , the gross amount of receivables sold was $495 million , compared to $502 million at December 31, 2016 . Other Foreign Credit Facilities A Chinese subsidiary has several financing arrangements in China. At September 30, 2017 , these non-revolving credit facilities had total unused availability of $218 million and can only be used to finance the expansion of our manufacturing facility in China. At September 30, 2017 and December 31, 2016 , the amounts outstanding under these facilities were $247 million and $315 million , respectively. The facilities ultimately mature in 2025 and principal amortization began in 2015. The facilities contain covenants relating to the Chinese subsidiary and have customary representations and warranties and defaults relating to the Chinese subsidiary’s ability to perform its obligations under the facilities. At September 30, 2017 and December 31, 2016 , restricted cash related to funds obtained under these credit facilities was $14 million and $8 million , respectively. DERIVATIVE FINANCIAL INSTRUMENTS We utilize derivative financial instrument contracts and nonderivative instruments to manage interest rate, foreign exchange and commodity price risks. We have established a control environment that includes policies and procedures for risk assessment and the approval, reporting and monitoring of derivative financial instrument activities. We do not hold or issue derivative financial instruments for trading purposes. Foreign Currency Contracts We enter into foreign currency contracts in order to manage the impact of changes in foreign exchange rates on our consolidated results of operations and future foreign currency-denominated cash flows. These contracts may be used to reduce exposure to currency movements affecting existing foreign currency-denominated assets, liabilities, firm commitments and forecasted transactions resulting primarily from trade purchases and sales, equipment acquisitions, intercompany loans and royalty agreements. Contracts hedging short term trade receivables and payables normally have no hedging designation. The following table presents the fair values for foreign currency contracts not designated as hedging instruments: September 30, December 31, (In millions) 2017 2016 Fair Values — Current asset (liability): Accounts receivable $ 6 $ 30 Other current liabilities (8 ) (18 ) At September 30, 2017 and December 31, 2016 , these outstanding foreign currency derivatives had notional amounts of $1,121 million and $1,812 million , respectively, and were primarily related to intercompany loans. Other (Income) Expense included net transaction losses on derivatives of $10 million and $55 million for the three and nine months ended September 30, 2017 , respectively, and net transaction losses on derivatives of $15 million and $33 million for the three and nine months ended September 30, 2016, respectively. These amounts were substantially offset in Other (Income) Expense by the effect of changing exchange rates on the underlying currency exposures. The following table presents fair values for foreign currency contracts designated as cash flow hedging instruments: September 30, December 31, (In millions) 2017 2016 Fair Values — Current asset (liability): Accounts receivable $ — $ 9 Other current liabilities (10 ) — Fair Values — Long term asset (liability): Other assets $ — $ 2 Other long term liabilities (2 ) — At September 30, 2017 and December 31, 2016 , these outstanding foreign currency derivatives had notional amounts of $261 million and $293 million , respectively, and primarily related to U.S. dollar denominated intercompany transactions. We enter into master netting agreements with counterparties. The amounts eligible for offset under the master netting agreements are not material and we have elected a gross presentation of foreign currency contracts in the Consolidated Balance Sheets. The following table presents information related to foreign currency contracts designated as cash flow hedging instruments (before tax and minority): Three Months Ended Nine Months Ended September 30, September 30, (In millions) (Income) Expense 2017 2016 2017 2016 Amounts deferred to Accumulated Other Comprehensive Loss ("AOCL") $ 7 $ 1 $ 28 $ 1 Amount of deferred (gain) loss reclassified from AOCL into CGS 1 — (3 ) (6 ) Amounts excluded from effectiveness testing (1 ) (1 ) (2 ) (1 ) The estimated net amount of deferred losses at September 30, 2017 that are expected to be reclassified to earnings within the next twelve months is $14 million . The counterparties to our foreign currency contracts were considered by us to be substantial and creditworthy financial institutions that are recognized market makers at the time we entered into those contracts. We seek to control our credit exposure to these counterparties by diversifying across multiple counterparties, by setting counterparty credit limits based on long term credit ratings and other indicators of counterparty credit risk such as credit default swap spreads, and by monitoring the financial strength of these counterparties on a regular basis. We also enter into master netting agreements with counterparties when possible. By controlling and monitoring exposure to counterparties in this manner, we believe that we effectively manage the risk of loss due to nonperformance by a counterparty. However, the inability of a counterparty to fulfill its contractual obligations to us could have a material adverse effect on our liquidity, financial position or results of operations in the period in which it occurs.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2017
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS The following table presents information about assets and liabilities recorded at fair value on the Consolidated Balance Sheets at September 30, 2017 and December 31, 2016 : Total Carrying Value in the Consolidated Balance Sheet Quoted Prices in Active Markets for Identical Assets/Liabilities (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) (In millions) 2017 2016 2017 2016 2017 2016 2017 2016 Assets: Investments $ 10 $ 9 $ 10 $ 9 $ — $ — $ — $ — Foreign Exchange Contracts 6 41 — — 6 41 — — Total Assets at Fair Value $ 16 $ 50 $ 10 $ 9 $ 6 $ 41 $ — $ — Liabilities: Foreign Exchange Contracts $ 20 $ 18 $ — $ — $ 20 $ 18 $ — $ — Total Liabilities at Fair Value $ 20 $ 18 $ — $ — $ 20 $ 18 $ — $ — The following table presents supplemental fair value information about long term fixed rate and variable rate debt, excluding capital leases, at September 30, 2017 and December 31, 2016 . September 30, December 31, (In millions) 2017 2016 Fixed Rate Debt: Carrying amount — liability $ 3,580 $ 3,514 Fair value — liability 3,779 3,669 Variable Rate Debt: Carrying amount — liability $ 2,495 $ 1,679 Fair value — liability 2,477 1,678 Long term debt with a fair value of $3,883 million and $3,804 million at September 30, 2017 and December 31, 2016 , respectively, was estimated using quoted Level 1 market prices. The carrying value of the remaining long term debt is categorized within the Level 2 hierarchy and approximates fair value since the terms of the financing arrangements are similar to terms that could be obtained under current lending market conditions .

Pension, Savings and Other Post

Pension, Savings and Other Postretirement Benefit Plans	9 Months Ended
	Sep. 30, 2017
Retirement Benefits [Abstract]
PENSION, SAVINGS AND OTHER POSTRETIREMENT BENEFIT PLANS	PENSION, SAVINGS AND OTHER POSTRETIREMENT BENEFIT PLANS We provide employees with defined benefit pension or defined contribution savings plans. Defined benefit pension cost follows: U.S. U.S. Three Months Ended Nine Months Ended September 30, September 30, (In millions) 2017 2016 2017 2016 Service cost $ 1 $ 1 $ 3 $ 3 Interest cost 39 41 120 123 Expected return on plan assets (60 ) (64 ) (181 ) (191 ) Amortization of net losses 27 28 83 82 Net periodic pension cost 7 6 25 17 Net curtailments and settlements 24 — 25 — Total defined benefit pension cost $ 31 $ 6 $ 50 $ 17 Non-U.S. Non-U.S. Three Months Ended Nine Months Ended September 30, September 30, (In millions) 2017 2016 2017 2016 Service cost $ 8 $ 7 $ 23 $ 22 Interest cost 18 20 53 61 Expected return on plan assets (20 ) (21 ) (59 ) (67 ) Amortization of net losses 8 7 24 21 Net periodic pension cost 14 13 41 37 Net curtailments and settlements 2 — 2 13 Total defined benefit pension cost $ 16 $ 13 $ 43 $ 50 During the third quarter of 2017, we recognized a settlement charge of $24 million in connection with our frozen salaried U.S. pension plan. The settlement charge resulted from total lump sum benefit payments exceeding annual interest cost. For the three and nine months ended September 30, 2017, net curtailment and settlement charges of $13 million and $14 million , respectively, were included in rationalization charges for employees who terminated service as a result of ongoing rationalization plans. During the second quarter of 2016, annuities were purchased from existing plan assets to settle $ 41 million in obligations of one of our U.K. pension plans which resulted in a settlement charge of $ 14 million . We expect to contribute approximately $50 million to $75 million to our funded non-U.S. pension plans in 2017. For the three and nine months ended September 30, 2017 , we contributed $14 million and $41 million , respectively, to our non-U.S. plans. The expense recognized for our contributions to defined contribution savings plans for the three months ended September 30, 2017 and 2016 was $28 million and $ 30 million , respectively, and for the nine months ended September 30, 2017 and 2016 was $86 million and $93 million , respectively. We also provide certain U.S. employees and employees at certain non-U.S. subsidiaries with health care benefits or life insurance benefits upon retirement. Other postretirement benefits credit for the three months ended September 30, 2017 and 2016 was $2 million and $ 4 million , respectively, and for the nine months ended September 30, 2017 and 2016 was $5 million and $17 million , respectively.

Stock Compensation Plans

Stock Compensation Plans	9 Months Ended
	Sep. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
STOCK COMPENSATION PLANS	STOCK COMPENSATION PLANS Our Board of Directors granted 0.7 million stock options, 0.1 million restricted stock units and 0.2 million performance share units during the nine months ended September 30, 2017 under our stock compensation plans. The weighted average exercise price per share and weighted average fair value per share of the stock option grants during the nine months ended September 30, 2017 were $35.26 and $12.08 , respectively. We estimated the fair value of the stock options using the following assumptions in our Black-Scholes model: Expected term: 7.2 years Interest rate: 2.13% Volatility: 33.63% Dividend yield: 1.13% We measure the fair value of grants of restricted stock units and performance share units based primarily on the closing market price of a share of our common stock on the date of the grant, modified as appropriate to take into account the features of such grants. The weighted average fair value per share was $35.05 for restricted stock units and $36.78 for performance share units granted during the nine months ended September 30, 2017 . We recognized stock-based compensation expense of $5 million and $17 million during the three and nine months ended September 30, 2017 , respectively. At September 30, 2017 , unearned compensation cost related to the unvested portion of all stock-based awards was approximately $29 million and is expected to be recognized over the remaining vesting period of the respective grants, through the first quarter of 2022 . We recognized stock-based compensation expense of $7 million and $18 million during the three and nine months ended September 30, 2016 , respectively. Stock based awards are made pursuant to stock compensation plans that are approved by our shareholders. The 2017 Performance Plan was adopted by our shareholders on April 10, 2017 and will expire on April 9, 2027 unless earlier terminated. The 2017 Performance Plan replaced the 2013 Performance Plan, which was terminated on April 10, 2017, except with respect to outstanding awards.

Commitments and Contingent Liab

Commitments and Contingent Liabilities	9 Months Ended
	Sep. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENT LIABILITIES	COMMITMENTS AND CONTINGENT LIABILITIES Environmental Matters We have recorded liabilities totaling $52 million and $55 million at September 30, 2017 and December 31, 2016 , respectively, for anticipated costs related to various environmental matters, primarily the remediation of numerous waste disposal sites and certain properties sold by us. Of these amounts, $18 million and $21 million was included in Other Current Liabilities at September 30, 2017 and December 31, 2016 , respectively. The costs include legal and consulting fees, site studies, the design and implementation of remediation plans, post-remediation monitoring and related activities, and will be paid over several years. The amount of our ultimate liability in respect of these matters may be affected by several uncertainties, primarily the ultimate cost of required remediation and the extent to which other responsible parties contribute . We have limited potential insurance coverage for future environmental claims. Since many of the remediation activities related to environmental matters vary substantially in duration and cost from site to site and the associated costs for each vary depending on the mix of unique site characteristics, in some cases we cannot reasonably estimate a range of possible losses. Although it is not possible to estimate with certainty the outcome of all of our environmental matters, management believes that potential losses in excess of current reserves for environmental matters, individually and in the aggregate, will not have a material adverse effect on our financial position, cash flows or results of operations. Workers’ Compensation We have recorded liabilities, on a discounted basis, totaling $252 million and $248 million for anticipated costs related to workers’ compensation at September 30, 2017 and December 31, 2016 , respectively. Of these amounts, $46 million and $48 million was included in Current Liabilities as part of Compensation and Benefits at September 30, 2017 and December 31, 2016 , respectively. The costs include an estimate of expected settlements on pending claims, defense costs and a provision for claims incurred but not reported. These estimates are based on our assessment of potential liability using an analysis of available information with respect to pending claims, historical experience, and current cost trends. The amount of our ultimate liability in respect of these matters may differ from these estimates. We periodically, and at least annually, update our loss development factors based on actuarial analyses. At September 30, 2017 and December 31, 2016 , the liability was discounted using a risk-free rate of return. At September 30, 2017 , we estimate that it is reasonably possible that the liability could exceed our recorded amounts by approximately $30 million . General and Product Liability and Other Litigation We have recorded liabilities totaling $333 million and $316 million , including related legal fees expected to be incurred, for potential product liability and other tort claims, including asbestos claims, at September 30, 2017 and December 31, 2016 , respectively. Of these amounts, $59 million and $49 million was included in Other Current Liabilities at September 30, 2017 and December 31, 2016 , respectively. The amounts recorded were estimated based on an assessment of potential liability using an analysis of available information with respect to pending claims, historical experience and, where available, recent and current trends. Based upon that assessment, at September 30, 2017 , we do not believe that estimated reasonably possible losses associated with general and product liability claims in excess of the amounts recorded will have a material adverse effect on our financial position, cash flows or results of operations. However, the amount of our ultimate liability in respect of these matters may differ from these estimates. We have recorded an indemnification asset within Accounts Receivable of $5 million and within Other Assets of $27 million for Sumitomo Rubber Industries, Ltd.'s ("SRI") obligation to indemnify us for certain product liability claims related to products manufactured by a formerly consolidated joint venture entity, subject to certain caps and restrictions. Asbestos. We are a defendant in numerous lawsuits alleging various asbestos-related personal injuries purported to result from alleged exposure to asbestos in certain products manufactured by us or present in certain of our facilities. Typically, these lawsuits have been brought against multiple defendants in state and federal courts. To date, we have disposed of approximately 127,400 claims by defending, obtaining the dismissal thereof, or entering into a settlement. The sum of our accrued asbestos-related liability and gross payments to date, including legal costs, by us and our insurers totaled approximately $529 million through September 30, 2017 and $517 million through December 31, 2016 . A summary of recent approximate asbestos claims activity follows. Because claims are often filed and disposed of by dismissal or settlement in large numbers, the amount and timing of settlements and the number of open claims during a particular period can fluctuate significantly. Nine Months Ended Year Ended (Dollars in millions) September 30, 2017 December 31, 2016 Pending claims, beginning of period 64,400 67,400 New claims filed 1,500 1,900 Claims settled/dismissed (4,700 ) (4,900 ) Pending claims, end of period 61,200 64,400 Payments (1) $ 6 $ 20 (1) Represents cash payments made during the period by us and our insurers on asbestos litigation defense and claim resolution. We periodically, and at least annually, review our existing reserves for pending claims, including a reasonable estimate of the liability associated with unasserted asbestos claims, and estimate our receivables from probable insurance recoveries. We recorded gross liabilities for both asserted and unasserted claims, inclusive of defense costs, totaling $177 million and $171 million at September 30, 2017 and December 31, 2016 , respectively. In determining the estimate of our asbestos liability, we evaluated claims over the next ten -year period. Due to the difficulties in making these estimates, analysis based on new data and/or a change in circumstances arising in the future may result in an increase in the recorded obligation, and that increase could be significant. We maintain certain primary and excess insurance coverage under coverage-in-place agreements, and also have additional excess liability insurance with respect to asbestos liabilities. After consultation with our outside legal counsel and giving consideration to agreements with certain of our insurance carriers, the financial viability and legal obligations of our insurance carriers and other relevant factors, we determine an amount we expect is probable of recovery from such carriers. We record a receivable with respect to such policies when we determine that recovery is probable and we can reasonably estimate the amount of a particular recovery. We recorded a receivable related to asbestos claims of $121 million and $123 million at September 30, 2017 and December 31, 2016 , respectively. We expect that approximately 70% of asbestos claim related losses would be recoverable through insurance during the ten -year period covered by the estimated liability. Of these amounts, $12 million was included in Current Assets as part of Accounts Receivable at September 30, 2017 and December 31, 2016. The recorded receivable consists of an amount we expect to collect under coverage-in-place agreements with certain primary and excess insurance carriers as well as an amount we believe is probable of recovery from certain of our other excess insurance carriers. We believe that, at December 31, 2016, we had approximately $430 million in excess level policy limits applicable to indemnity and defense costs for asbestos products claims under coverage-in-place agreements. We also had additional unsettled excess level policy limits potentially applicable to such costs. We had coverage under certain primary policies for indemnity and defense costs for asbestos products claims under remaining aggregate limits pursuant to a coverage-in-place agreement, as well as coverage for indemnity and defense costs for asbestos premises claims pursuant to coverage-in-place agreements. With respect to both asserted and unasserted claims, it is reasonably possible that we may incur a material amount of cost in excess of the current reserve; however, such amounts cannot be reasonably estimated. Coverage under insurance policies is subject to varying characteristics of asbestos claims including, but not limited to, the type of claim (premise vs. product exposure), alleged date of first exposure to our products or premises and disease alleged. Depending upon the nature of these characteristics, as well as the resolution of certain legal issues, some portion of the insurance may not be accessible by us. Amiens Labor Claims Approximately 850 former employees of the closed Amiens, France manufacturing facility have asserted wrongful termination or other claims totaling €119 million ( $140 million ) against Goodyear Dunlop Tires France. We intend to vigorously defend ourselves against these claims, and any additional claims that may be asserted against us, and cannot estimate the amounts, if any, that we may ultimately pay in respect of such claims. Other Actions We are currently a party to various claims, indirect tax assessments and legal proceedings in addition to those noted above. If management believes that a loss arising from these matters is probable and can reasonably be estimated, we record the amount of the loss, or the minimum estimated liability when the loss is estimated using a range, and no point within the range is more probable than another. As additional information becomes available, any potential liability related to these matters is assessed and the estimates are revised, if necessary. Based on currently available information, management believes that the ultimate outcome of these matters, individually and in the aggregate, will not have a material adverse effect on our financial position or overall trends in results of operations. Our recorded liabilities and estimates of reasonably possible losses for the contingent liabilities described above are based on our assessment of potential liability using the information available to us at the time and, where applicable, any past experience and recent and current trends with respect to similar matters. Our contingent liabilities are subject to inherent uncertainties, and unfavorable judicial or administrative decisions could occur which we did not anticipate. Such an unfavorable decision could include monetary damages, fines or other penalties or an injunction prohibiting us from taking certain actions or selling certain products. If such an unfavorable decision were to occur, it could result in a material adverse impact on our financial position and results of operations in the period in which the decision occurs, or in future periods. Income Tax Matters The calculation of our tax liabilities involves dealing with uncertainties in the application of complex tax regulations. We recognize liabilities for anticipated tax audit issues based on our estimate of whether, and the extent to which, additional taxes will be due. If we ultimately determine that payment of these amounts is unnecessary, we reverse the liability and recognize a tax benefit during the period in which we determine that the liability is no longer necessary. We also recognize income tax benefits to the extent that it is more likely than not that our positions will be sustained when challenged by the taxing authorities. We derecognize income tax benefits when based on new information we determine that it is no longer more likely than not that our position will be sustained. To the extent we prevail in matters for which liabilities have been established, or determine we need to derecognize tax benefits recorded in prior periods, our results of operations and effective tax rate in a given period could be materially affected. An unfavorable tax settlement would require use of our cash, and lead to recognition of expense to the extent the settlement amount exceeds recorded liabilities and, in the case of an income tax settlement, result in an increase in our effective tax rate in the period of resolution. A favorable tax settlement would be recognized as a reduction of expense to the extent the settlement amount is lower than recorded liabilities and, in the case of an income tax settlement, would result in a reduction in our effective tax rate in the period of resolution. While the Company applies consistent transfer pricing policies and practices globally, supports transfer prices through economic studies, seeks advance pricing agreements and joint audits to the extent possible and believes its transfer prices to be appropriate, such transfer prices, and related interpretations of tax laws, are occasionally challenged by various taxing authorities globally. We have received various tax assessments challenging our interpretations of applicable tax laws in various jurisdictions. Although we believe we have complied with applicable tax laws, have strong positions and defenses and have historically been successful in defending such claims, our results of operations could be materially adversely affected in the case we are unsuccessful in the defense of existing or future claims. Guarantees We have off-balance sheet financial guarantees and other commitments totaling approximately $39 million and $40 million at September 30, 2017 and December 31, 2016 , respectively. We issue guarantees to financial institutions or other entities on behalf of certain of our affiliates, lessors or customers. We also generally do not require collateral in connection with the issuance of these guarantees. In 2015, as a result of the dissolution of the global alliance with SRI, we issued a guarantee of approximately $46 million to an insurance company related to SRI's obligation to pay certain outstanding workers' compensation claims of a formerly consolidated joint venture entity. As of September 30, 2017 , this guarantee amount has been reduced to $38 million . We have concluded the probability of our performance to be remote and, therefore, have not recorded a liability for this guarantee. While there is no fixed duration of this guarantee, we expect the amount of this guarantee to continue to decrease over time as the formerly consolidated joint venture entity pays its outstanding claims. If our performance under these guarantees is triggered by non-payment or another specified event , we would be obligated to make payment to the financial institution or the other entity, and would typically have recourse to the affiliate, lessor, customer , or SRI. Except for the workers' compensation guarantee described above, the guarantees expire at various times through 2020 . We are unable to estimate the extent to which our affiliates’, lessors’, customers’, or SRI's assets would be adequate to recover any payments made by us under the related guarantees.

Capital Stock

Capital Stock	9 Months Ended
	Sep. 30, 2017
Captial Stock [Abstract]
CAPITAL STOCK	CAPITAL STOCK Dividends During the third quarter of 2017, cash dividends of $0.10 per share were declared on July 12, 2017 and paid on September 1, 2017. During the third quarter of 2016, cash dividends of $0.07 per share were declared on July 12, 2016 and paid on September 1, 2016, and cash dividends of $0.10 per share were declared on September 7, 2016 and paid during the fourth quarter of 2016 on December 1, 2016. In the first nine months of 2017 and 2016, we paid cash dividends of $75 million and $56 million , respectively, on our common stock. On October 10, 2017 , the Board of Directors (or a duly authorized committee thereof) declared cash dividends of $0.14 per share of common stock, or approximately $35 million in the aggregate, which represents an increase of $0.04 per share. The dividend will be paid on December 1, 2017 to stockholders of record as of the close of business on November 1, 2017 . Future quarterly dividends are subject to Board approval. We will pay dividends of $0.44 per share during 2017, and paid dividends of $0.31 per share during 2016. Common Stock Repurchases On September 18, 2013 , the Board of Directors approved our common stock repurchase program. From time to time, the Board of Directors has approved increases in the amount authorized to be purchased under that program. On February 2, 2017, the Board of Directors approved a further increase in that authorization to an aggregate of $2.1 billion . This program expires on December 31, 2019. We intend to repurchase shares of common stock in open market transactions in order to offset new shares issued under equity compensation programs and to provide for additional shareholder returns. During the third quarter of 2017 , we repurchased 5,592,239 shares at an average price, including commissions, of $31.29 per share, or $175 million in the aggregate. During the first nine months of 2017, we repurchased 6,435,359 shares at an average price, including commissions, of $ 31.88 per share, or $205 million in the aggregate. Since 2013, we repurchased 37,649,469 shares at an average price, including commissions, of $29.71 per share, or $1,118 million in the aggregate. In addition, we may repurchase shares delivered to us by employees as payment for the exercise price of stock options and the withholding taxes due upon the exercise of the stock options or the vesting or payment of stock awards. During the first nine months of 2017, we did not repurchase any shares from employees.

Changes in Shareholders' Equity

Changes in Shareholders' Equity	9 Months Ended
	Sep. 30, 2017
Equity [Abstract]
CHANGES IN SHAREHOLDERS' EQUITY	CHANGES IN SHAREHOLDERS’ EQUITY The following tables present the changes in shareholders’ equity for the nine months ended September 30, 2017 and 2016 : September 30, 2017 September 30, 2016 (In millions) Goodyear Shareholders’ Equity Minority Shareholders’ Equity – Nonredeemable Total Shareholders’ Equity Goodyear Shareholders’ Equity Minority Shareholders’ Equity – Nonredeemable Total Shareholders’ Equity Balance at beginning of period $ 4,507 $ 218 $ 4,725 $ 3,920 $ 222 $ 4,142 Comprehensive income (loss): Net income 442 13 455 703 14 717 Foreign currency translation, net of tax of $44 in 2017 ($17 in 2016) 155 14 169 (7 ) 2 (5 ) Amortization of prior service cost and unrecognized gains included in total benefit cost, net of tax of $31 in 2017 ($24 in 2016) 57 — 57 49 — 49 (Increase)/Decrease in net actuarial losses, net of tax of ($15) in 2017 ($0 in 2016) (23 ) — (23 ) 2 — 2 Immediate recognition of prior service cost and unrecognized gains due to curtailments, settlements, and divestitures, net of tax of $9 in 2017 ($0 in 2016) 15 — 15 15 — 15 Deferred derivative losses, net of tax of ($9) in 2017 ($0 in 2016) (19 ) — (19 ) (1 ) — (1 ) Reclassification adjustment for amounts recognized in income, net of tax of ($1) in 2017 (($1) in 2016) (2 ) — (2 ) (5 ) — (5 ) Other comprehensive income 183 14 197 53 2 55 Total comprehensive income 625 27 652 756 16 772 Adoption of new accounting standard — — — 56 — 56 Dividends declared to minority shareholders — (6 ) (6 ) — (11 ) (11 ) Stock-based compensation plans (Note 10) 17 — 17 18 — 18 Repurchase of common stock (Note 12) (205 ) — (205 ) (200 ) — (200 ) Dividends declared (Note 12) (75 ) — (75 ) (82 ) — (82 ) Common stock issued from treasury 13 — 13 9 — 9 Balance at end of period $ 4,882 $ 239 $ 5,121 $ 4,477 $ 227 $ 4,704

Reclassifications out of Accumu

Reclassifications out of Accumulated Other Comprehensive Loss	9 Months Ended
	Sep. 30, 2017
Reclassifications out of Accumulated Other Comprehensive Loss [Abstract]
RECLASSIFICATIONS OUT OF ACCUMULATED OTHER COMPREHENSIVE LOSS	RECLASSIFICATIONS OUT OF ACCUMULATED OTHER COMPREHENSIVE LOSS The following table presents changes in Accumulated Other Comprehensive Loss (AOCL), by component, for the nine months ended September 30, 2017 and 2016 : (In millions) Income (Loss) Foreign Currency Translation Adjustment Unrecognized Net Actuarial Losses and Prior Service Costs Deferred Derivative Gains (Losses) Total Balance at December 31, 2016 $ (1,155 ) $ (3,053 ) $ 10 $ (4,198 ) Other comprehensive income (loss) before reclassifications 155 (23 ) (19 ) 113 Amounts reclassified from accumulated other comprehensive loss — 72 (2 ) 70 Balance at September 30, 2017 $ (1,000 ) $ (3,004 ) $ (11 ) $ (4,015 ) Foreign Currency Translation Adjustment Unrecognized Net Actuarial Losses and Prior Service Costs Deferred Derivative Gains (Losses) Total Balance at December 31, 2015 $ (946 ) $ (3,071 ) $ 7 $ (4,010 ) Other comprehensive income (loss) before reclassifications (7 ) 2 (1 ) (6 ) Amounts reclassified from accumulated other comprehensive loss — 64 (5 ) 59 Balance at September 30, 2016 $ (953 ) $ (3,005 ) $ 1 $ (3,957 ) The following table presents reclassifications out of Accumulated Other Comprehensive Loss: Three Months Ended September 30, Nine Months Ended September 30, (In millions) (Income) Expense 2017 2016 2017 2016 Component of AOCL Amount Reclassified from AOCL Amount Reclassified from AOCL Affected Line Item in the Consolidated Statements of Operations Amortization of prior service cost and unrecognized gains and losses $ 28 $ 25 $ 88 $ 73 Total Benefit Cost Immediate recognition of prior service cost and unrecognized gains and losses due to curtailments, settlements, and divestitures 24 — 24 15 Total Benefit Cost Unrecognized Net Actuarial Losses and Prior Service Costs, before tax $ 52 $ 25 $ 112 $ 88 Tax effect (19 ) (8 ) (40 ) (24 ) United States and Foreign Taxes Net of tax $ 33 $ 17 $ 72 $ 64 Goodyear Net Income Deferred Derivative (Gains) Losses, before tax $ 1 $ — $ (3 ) $ (6 ) Cost of Goods Sold Tax effect — — 1 1 United States and Foreign Taxes Net of tax $ 1 $ — $ (2 ) $ (5 ) Goodyear Net Income Total reclassifications $ 34 $ 17 $ 70 $ 59 Goodyear Net Income Amortization of prior service cost and unrecognized gains and losses are included in the computation of total benefit cost. For further information, refer to Note to the Consolidated Financial Statements No. 9, Pension, Savings and Other Postretirement Benefit Plans, in this Form 10-Q and No. 17, Pension, Other Postretirement Benefits and Savings Plans, in our 2016 Form 10-K.

Consolidating Financial Informa

Consolidating Financial Information	9 Months Ended
	Sep. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
CONSOLIDATING FINANCIAL INFORMATION	CONSOLIDATING FINANCIAL INFORMATION Certain of our subsidiaries have guaranteed our obligations under the $282 million outstanding principal amount of 8.75% notes due 2020 , the $1.0 billion outstanding principal amount of 5.125% senior notes due 2023 , the $900 million outstanding principal amount of 5% senior notes due 2026 and the $700 million outstanding principal amount of 4.875% senior notes due 2027 (collectively, the “notes”). The following presents the condensed consolidating financial information separately for: (i) The Goodyear Tire & Rubber Company (the “Parent Company”), the issuer of the guaranteed obligations; (ii) Guarantor Subsidiaries, on a combined basis, as specified in the indentures related to Goodyear’s obligations under the notes; (iii) Non-Guarantor Subsidiaries, on a combined basis; (iv) Consolidating entries and eliminations representing adjustments to (a) eliminate intercompany transactions between the Parent Company, the Guarantor Subsidiaries and the Non-Guarantor Subsidiaries, (b) eliminate the investments in our subsidiaries, and (c) record consolidating entries; and (v) The Goodyear Tire & Rubber Company and Subsidiaries on a consolidated basis. Each guarantor subsidiary is 100% owned by the Parent Company at the date of each balance sheet presented. The notes are fully and unconditionally guaranteed on a joint and several basis by each guarantor subsidiary. The guarantees of the guarantor subsidiaries are subject to release in limited circumstances only upon the occurrence of certain customary conditions. Each entity in the consolidating financial information follows the same accounting policies as described in the consolidated financial statements, except for the use by the Parent Company and guarantor subsidiaries of the equity method of accounting to reflect ownership interests in subsidiaries which are eliminated upon consolidation. Changes in intercompany receivables and payables related to operations, such as intercompany sales or service charges, are included in cash flows from operating activities. Intercompany transactions reported as investing or financing activities include the sale of capital stock, loans and other capital transactions between members of the consolidated group. During the first quarter of 2017, one of our guarantor subsidiaries merged with the Parent Company. We have changed the prior year consolidating financial statements to conform to the current structure. As a result, Parent Company Total Assets decreased $113 million and Guarantor Subsidiaries Total Assets decreased $358 million , with corresponding offsetting adjustments presented on the same line items in the Consolidating Entries and Eliminations column, as of December 31, 2016. In addition, Parent Company Total Liabilities decreased $113 million , Guarantor Subsidiaries Total Liabilities decreased $46 million and Guarantor Subsidiaries Total Shareholders' Equity decreased $312 million , with corresponding offsetting adjustments presented on the same line items in the Consolidating Entries and Eliminations column, as of December 31, 2016. Furthermore, Net Income increased $4 million and $12 million for Guarantor Subsidiaries, with corresponding offsetting adjustments presented on the same line items in the Consolidating Entries and Eliminations column, for the three and nine month periods ended September 30, 2016, respectively. The change did not impact the Non-Guarantor Subsidiaries presentation in the previously issued consolidating financial statements. Certain Non-Guarantor Subsidiaries of the Parent Company are limited in their ability to remit funds to it by means of dividends, advances or loans due to required foreign government and/or currency exchange board approvals or limitations in credit agreements or other debt instruments of those subsidiaries. Condensed Consolidating Balance Sheet September 30, 2017 (In millions) Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Assets: Current Assets: Cash and Cash Equivalents $ 59 $ 36 $ 727 $ — $ 822 Accounts Receivable, net 660 153 1,859 — 2,672 Accounts Receivable From Affiliates — 144 260 (404 ) — Inventories 1,582 52 1,401 (44 ) 2,991 Prepaid Expenses and Other Current Assets 73 2 165 2 242 Total Current Assets 2,374 387 4,412 (446 ) 6,727 Goodwill 24 1 435 127 587 Intangible Assets 117 — 20 — 137 Deferred Income Taxes 1,883 39 434 — 2,356 Other Assets 215 53 443 3 714 Investments in Subsidiaries 4,689 592 — (5,281 ) — Property, Plant and Equipment, net 2,469 403 4,486 (27 ) 7,331 Total Assets $ 11,771 $ 1,475 $ 10,230 $ (5,624 ) $ 17,852 Liabilities: Current Liabilities: Accounts Payable-Trade $ 822 $ 104 $ 1,698 $ — $ 2,624 Accounts Payable to Affiliates 404 — — (404 ) — Compensation and Benefits 306 16 260 — 582 Other Current Liabilities 342 9 711 — 1,062 Notes Payable and Overdrafts 30 — 246 — 276 Long Term Debt and Capital Leases Due Within One Year 4 — 374 — 378 Total Current Liabilities 1,908 129 3,289 (404 ) 4,922 Long Term Debt and Capital Leases 3,974 52 1,711 — 5,737 Compensation and Benefits 620 104 735 — 1,459 Deferred Income Taxes — 1 90 — 91 Other Long Term Liabilities 387 11 124 — 522 Total Liabilities 6,889 297 5,949 (404 ) 12,731 Commitments and Contingent Liabilities Shareholders’ Equity: Goodyear Shareholders’ Equity: Common Stock 246 — — — 246 Other Equity 4,636 1,178 4,042 (5,220 ) 4,636 Goodyear Shareholders’ Equity 4,882 1,178 4,042 (5,220 ) 4,882 Minority Shareholders’ Equity — Nonredeemable — — 239 — 239 Total Shareholders’ Equity 4,882 1,178 4,281 (5,220 ) 5,121 Total Liabilities and Shareholders’ Equity $ 11,771 $ 1,475 $ 10,230 $ (5,624 ) $ 17,852 Condensed Consolidating Balance Sheet December 31, 2016 (In millions) Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Assets: Current Assets: Cash and Cash Equivalents $ 188 $ 55 $ 889 $ — $ 1,132 Accounts Receivable, net 589 106 1,074 — 1,769 Accounts Receivable From Affiliates — 277 270 (547 ) — Inventories 1,443 25 1,178 (19 ) 2,627 Prepaid Expenses and Other Current Assets 57 3 130 — 190 Total Current Assets 2,277 466 3,541 (566 ) 5,718 Goodwill 24 — 391 120 535 Intangible Assets 118 — 18 — 136 Deferred Income Taxes 2,010 31 373 — 2,414 Other Assets 223 53 387 5 668 Investments in Subsidiaries 4,344 541 — (4,885 ) — Property, Plant and Equipment, net 2,481 308 4,279 (28 ) 7,040 Total Assets $ 11,477 $ 1,399 $ 8,989 $ (5,354 ) $ 16,511 Liabilities: Current Liabilities: Accounts Payable-Trade $ 905 $ 142 $ 1,542 $ — $ 2,589 Accounts Payable to Affiliates 547 — — (547 ) — Compensation and Benefits 365 15 204 — 584 Other Current Liabilities 355 — 611 (3 ) 963 Notes Payable and Overdrafts — — 245 — 245 Long Term Debt and Capital Leases Due Within One Year 6 — 430 — 436 Total Current Liabilities 2,178 157 3,032 (550 ) 4,817 Long Term Debt and Capital Leases 3,685 — 1,113 — 4,798 Compensation and Benefits 682 98 680 — 1,460 Deferred Income Taxes — 1 84 — 85 Other Long Term Liabilities 425 12 188 1 626 Total Liabilities 6,970 268 5,097 (549 ) 11,786 Commitments and Contingent Liabilities Shareholders’ Equity: Goodyear Shareholders’ Equity: Common Stock 252 — — — 252 Other Equity 4,255 1,131 3,674 (4,805 ) 4,255 Goodyear Shareholders’ Equity 4,507 1,131 3,674 (4,805 ) 4,507 Minority Shareholders’ Equity — Nonredeemable — — 218 — 218 Total Shareholders’ Equity 4,507 1,131 3,892 (4,805 ) 4,725 Total Liabilities and Shareholders’ Equity $ 11,477 $ 1,399 $ 8,989 $ (5,354 ) $ 16,511 Consolidating Statements of Operations Three Months Ended September 30, 2017 (In millions) Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Net Sales $ 1,790 $ 294 $ 2,448 $ (611 ) $ 3,921 Cost of Goods Sold 1,402 264 2,024 (621 ) 3,069 Selling, Administrative and General Expense 233 10 313 — 556 Rationalizations 20 — 26 — 46 Interest Expense 62 2 34 (14 ) 84 Other (Income) Expense (54 ) (9 ) 4 63 4 Income (Loss) before Income Taxes and Equity in Earnings of Subsidiaries 127 27 47 (39 ) 162 United States and Foreign Taxes 9 6 12 3 30 Equity in Earnings of Subsidiaries 11 (3 ) — (8 ) — Net Income (Loss) 129 18 35 (50 ) 132 Less: Minority Shareholders’ Net Income — — 3 — 3 Goodyear Net Income (Loss) $ 129 $ 18 $ 32 $ (50 ) $ 129 Comprehensive Income (Loss) $ 166 $ 16 $ 86 $ (98 ) $ 170 Less: Comprehensive Income (Loss) Attributable to Minority Shareholders — — 4 — 4 Goodyear Comprehensive Income (Loss) $ 166 $ 16 $ 82 $ (98 ) $ 166 Consolidating Statements of Operations Three Months Ended September 30, 2016 (In millions) Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Net Sales $ 1,888 $ 323 $ 2,319 $ (683 ) $ 3,847 Cost of Goods Sold 1,394 298 1,737 (693 ) 2,736 Selling, Administrative and General Expense 268 9 322 — 599 Rationalizations 7 — 128 — 135 Interest Expense 64 2 24 — 90 Other (Income) Expense (24 ) — (7 ) 8 (23 ) Income (Loss) before Income Taxes and Equity in Earnings of Subsidiaries 179 14 115 2 310 United States and Foreign Taxes (55 ) 3 41 1 (10 ) Equity in Earnings of Subsidiaries 83 10 — (93 ) — Net Income (Loss) 317 21 74 (92 ) 320 Less: Minority Shareholders’ Net Income — — 3 — 3 Goodyear Net Income (Loss) $ 317 $ 21 $ 71 $ (92 ) $ 317 Comprehensive Income (Loss) $ 322 $ 21 $ 70 $ (88 ) $ 325 Less: Comprehensive Income (Loss) Attributable to Minority Shareholders — — 3 — 3 Goodyear Comprehensive Income (Loss) $ 322 $ 21 $ 67 $ (88 ) $ 322 Consolidating Statements of Operations Nine Months Ended September 30, 2017 (In millions) Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Net Sales $ 5,420 $ 883 $ 7,066 $ (2,063 ) $ 11,306 Cost of Goods Sold 4,244 824 5,662 (2,104 ) 8,626 Selling, Administrative and General Expense 740 29 949 — 1,718 Rationalizations 22 — 80 — 102 Interest Expense 196 6 96 (38 ) 260 Other (Income) Expense (73 ) (8 ) (19 ) 109 9 Income (Loss) before Income Taxes and Equity in Earnings of Subsidiaries 291 32 298 (30 ) 591 United States and Foreign Taxes 69 6 61 — 136 Equity in Earnings of Subsidiaries 220 28 — (248 ) — Net Income (Loss) 442 54 237 (278 ) 455 Less: Minority Shareholders’ Net Income — — 13 — 13 Goodyear Net Income (Loss) $ 442 $ 54 $ 224 $ (278 ) $ 442 Comprehensive Income (Loss) $ 625 $ 57 $ 426 $ (456 ) $ 652 Less: Comprehensive Income (Loss) Attributable to Minority Shareholders — — 27 — 27 Goodyear Comprehensive Income (Loss) $ 625 $ 57 $ 399 $ (456 ) $ 625 Consolidating Statements of Operations Nine Months Ended September 30, 2016 (In millions) Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Net Sales $ 5,564 $ 988 $ 6,922 $ (2,057 ) $ 11,417 Cost of Goods Sold 4,131 922 5,311 (2,114 ) 8,250 Selling, Administrative and General Expense 799 30 979 (1 ) 1,807 Rationalizations 12 — 182 — 194 Interest Expense 210 9 77 (11 ) 285 Other (Income) Expense (29 ) 1 (17 ) 48 3 Income (Loss) before Income Taxes and Equity in Earnings of Subsidiaries 441 26 390 21 878 United States and Foreign Taxes 50 2 104 5 161 Equity in Earnings of Subsidiaries 312 31 — (343 ) — Net Income (Loss) 703 55 286 (327 ) 717 Less: Minority Shareholders’ Net Income — — 14 — 14 Goodyear Net Income (Loss) $ 703 $ 55 $ 272 $ (327 ) $ 703 Comprehensive Income (Loss) $ 756 $ 35 $ 311 $ (330 ) $ 772 Less: Comprehensive Income (Loss) Attributable to Minority Shareholders — — 16 — 16 Goodyear Comprehensive Income (Loss) $ 756 $ 35 $ 295 $ (330 ) $ 756 Condensed Consolidating Statement of Cash Flows Nine Months Ended September 30, 2017 (In millions) Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Cash Flows from Operating Activities: Total Cash Flows from Operating Activities $ 179 $ — $ (303 ) $ (30 ) $ (154 ) Cash Flows from Investing Activities: Capital Expenditures (247 ) (115 ) (323 ) 2 (683 ) Asset Dispositions 1 — 8 — 9 Short Term Securities Acquired — — (51 ) — (51 ) Short Term Securities Redeemed — — 51 — 51 Capital Contributions and Loans Incurred (75 ) — (41 ) 116 — Capital Redemptions and Loans Paid 21 — 61 (82 ) — Other Transactions — — (1 ) — (1 ) Total Cash Flows from Investing Activities (300 ) (115 ) (296 ) 36 (675 ) Cash Flows from Financing Activities: Short Term Debt and Overdrafts Incurred 175 — 369 — 544 Short Term Debt and Overdrafts Paid (145 ) — (378 ) — (523 ) Long Term Debt Incurred 2,597 52 2,323 — 4,972 Long Term Debt Paid (2,310 ) — (1,883 ) — (4,193 ) Common Stock Issued 12 — — — 12 Common Stock Repurchased (205 ) — — — (205 ) Common Stock Dividends Paid (75 ) — — — (75 ) Capital Contributions and Loans Incurred 41 62 13 (116 ) — Capital Redemptions and Loans Paid (61 ) (21 ) — 82 — Intercompany Dividends Paid — — (28 ) 28 — Transactions with Minority Interests in Subsidiaries — — (6 ) — (6 ) Debt Related Costs and Other Transactions (38 ) — (31 ) — (69 ) Total Cash Flows from Financing Activities (9 ) 93 379 (6 ) 457 Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash — 3 48 — 51 Net Change in Cash, Cash Equivalents and Restricted Cash (130 ) (19 ) (172 ) — (321 ) Cash, Cash Equivalents and Restricted Cash at Beginning of the Period 210 55 924 — 1,189 Cash, Cash Equivalents and Restricted Cash at End of the Period $ 80 $ 36 $ 752 $ — $ 868 Condensed Consolidating Statement of Cash Flows Nine Months Ended September 30, 2016 (In millions) Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Cash Flows from Operating Activities: Total Cash Flows from Operating Activities $ 31 $ 26 $ 261 $ (28 ) $ 290 Cash Flows from Investing Activities: Capital Expenditures (271 ) (69 ) (375 ) 4 (711 ) Asset Dispositions 11 — 2 — 13 Short Term Securities Acquired — — (46 ) — (46 ) Short Term Securities Redeemed — — 34 — 34 Capital Contributions and Loans Incurred (165 ) — (248 ) 413 — Capital Redemptions and Loans Paid 48 — 148 (196 ) — Other Transactions — — 2 — 2 Total Cash Flows from Investing Activities (377 ) (69 ) (483 ) 221 (708 ) Cash Flows from Financing Activities: Short Term Debt and Overdrafts Incurred — — 219 — 219 Short Term Debt and Overdrafts Paid — — (99 ) — (99 ) Long Term Debt Incurred 2,339 — 1,790 — 4,129 Long Term Debt Paid (2,034 ) — (1,991 ) — (4,025 ) Common Stock Issued 9 — — — 9 Common Stock Repurchased (200 ) — — — (200 ) Common Stock Dividends Paid (56 ) — — — (56 ) Capital Contributions and Loans Incurred 248 59 106 (413 ) — Capital Redemptions and Loans Paid (148 ) (25 ) (23 ) 196 — Intercompany Dividends Paid — — (24 ) 24 — Transactions with Minority Interests in Subsidiaries — — (9 ) — (9 ) Debt Related Costs and Other Transactions (66 ) — (11 ) — (77 ) Total Cash Flows from Financing Activities 92 34 (42 ) (193 ) (109 ) Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash — 1 24 — 25 Net Change in Cash, Cash Equivalents and Restricted Cash (254 ) (8 ) (240 ) — (502 ) Cash, Cash Equivalents and Restricted Cash at Beginning of the Period 361 67 1,074 — 1,502 Cash, Cash Equivalents and Restricted Cash at End of the Period $ 107 $ 59 $ 834 $ — $ 1,000

Accounting Policies (Policies)

Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2017
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared by The Goodyear Tire & Rubber Company (the “Company,” “Goodyear,” “we,” “us” or “our”) in accordance with Securities and Exchange Commission rules and regulations and generally accepted accounting principles in the United States of America ("US GAAP") and in the opinion of management contain all adjustments (including normal recurring adjustments) necessary to fairly state the financial position, results of operations and cash flows for the periods presented. The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. These interim consolidated financial statements should be read in conjunction with the consolidated financial statements and related notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2016 (the “ 2016 Form 10-K”). Operating results for the three and nine months ended September 30, 2017 are not necessarily indicative of the results expected in subsequent quarters or for the year ending December 31, 2017 .
Recently Issued and Adopted Accounting Standards	Recently Adopted Accounting Standards Effective January 1, 2017, we adopted an accounting standards update with new guidance on the transition to the equity method of accounting. The new guidance eliminates the requirement for an investor to retrospectively apply equity method accounting when an investment that it had accounted for by another method initially qualifies for the equity method. Instead, the investor is required to apply the equity method prospectively from the date the investment qualifies for the equity method. In addition, an entity that has an available-for-sale equity security that becomes qualified for the equity method must recognize through earnings the unrealized holding gain or loss in accumulated other comprehensive income at the date the investment qualifies for the equity method. The adoption of this standards update did not impact our consolidated financial statements. Effective January 1, 2017, we adopted an accounting standards update with new guidance on the measurement of inventory. Inventory within the scope of this update is required to be measured at the lower of its cost or net realizable value, with net realizable value being the estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. The adoption of this standards update did not impact our consolidated financial statements. Effective January 1, 2017, we early adopted an accounting standards update with new guidance on how certain cash receipts and cash payments are presented and classified in the statement of cash flows. This update provides guidance on eight specific cash flow issues. As a result of the adoption, premiums for debt extinguishment of $53 million were reclassified from Operating Activities to Financing Activities in the statement of cash flows for the nine months ended September 30, 2016. The other seven specific cash flow issues were either not applicable to Goodyear or the treatment has not changed from our current practice. Effective January 1, 2017, we early adopted an accounting standards update with new guidance on the presentation of restricted cash in the statement of cash flows. The standards update requires that the reconciliation of the beginning and end of period cash amounts shown in the statement of cash flows include restricted cash. When restricted cash is presented separately from cash and cash equivalents on the balance sheet, a reconciliation is required between the amounts presented on the statement of cash flows and the balance sheet. Also, the new guidance requires the disclosure of information about the nature of the restrictions. The restricted cash balances as of September 30, 2017, December 31, 2016, and September 30, 2016 were $46 million , $57 million and $25 million , respectively. Recently Issued Accounting Standards In August 2017, the Financial Accounting Standards Board ("FASB") issued an accounting standards update with new guidance intended to reduce complexity in hedge accounting and make hedge results easier to understand. This includes simplifying how hedge results are presented and disclosed in the financial statements, expanding the types of hedge strategies allowed and providing relief around the documentation and assessment requirements. The standards update is effective using a modified retrospective approach, with the presentation and disclosure guidance required prospectively, for fiscal years and interim periods beginning after December 15, 2018, with early adoption permitted. We are currently assessing the impact of this standards update on our consolidated financial statements. In May 2017, the FASB issued an accounting standards update with new guidance to clarify when changes to the terms or conditions of a share-based payment award must be accounted for as a modification. The new guidance requires the application of modification accounting if the value, vesting conditions or classification of the award changes. The standards update is effective prospectively for fiscal years and interim periods beginning after December 15, 2017, with early adoption permitted. The adoption of this standards update is not expected to impact our consolidated financial statements. In March 2017, the FASB issued an accounting standards update intended to improve the financial statement presentation of pension and postretirement benefits cost. The standards update requires employers that offer defined benefit pension or other postretirement benefit plans to report service cost in the same income statement line as compensation costs and to report non-service related costs separately from service cost outside a sub-total of income from operations, if one is presented. Currently, the Company records both service and non-service related costs in selling, administrative and general expense ("SAG") and cost of goods sold ("CGS"), as appropriate. Under the new standard, non-service related costs, which are expected to total approximately $70 million for full-year 2017, will be recorded in Other (Income) Expense. In addition, the new guidance allows only service cost to be capitalized. The standards update is effective retrospectively for the financial statement presentation of benefits cost and prospectively for the capitalization of service cost for fiscal years and interim periods beginning after December 15, 2017, with early adoption permitted. In January 2017, the FASB issued an accounting standards update with new guidance intended to simplify the subsequent measurement of goodwill. The standards update eliminates the requirement for an entity to calculate the implied fair value of goodwill to measure a goodwill impairment charge. Instead, an entity will perform its annual, or interim, goodwill impairment testing by comparing the fair value of a reporting unit with its carrying amount and recording an impairment charge for the amount by which the carrying amount exceeds the fair value. The standards update is effective prospectively for annual and interim goodwill impairment testing performed in fiscal years beginning after December 15, 2019, with early adoption permitted. The adoption of this standards update is not expected to impact our consolidated financial statements. In October 2016, the FASB issued an accounting standards update with new guidance on the accounting for the income tax consequences of intra-entity transfers of assets other than inventory, including the elimination of the prohibition on recognition of current and deferred income taxes on such transfers . The standards update is effective using the modified retrospective approach for fiscal years and interim periods beginning after December 15, 2017, with early adoption permitted. The adoption of this standards update is not expected to have a material impact on our consolidated financial statements. In February 2016, the FASB issued an accounting standards update with new guidance intended to increase transparency and comparability among organizations relating to leases. Lessees will be required to recognize a liability to make lease payments and a right-of-use asset representing the right to use the underlying asset for the lease term. The FASB retained a dual model for lease classification, requiring leases to be classified as finance or operating leases to determine recognition in the statements of operations and cash flows; however, substantially all leases will be required to be recognized on the balance sheet. Lessor accounting is largely unchanged from the current accounting model. The standards update will also require quantitative and qualitative disclosures regarding key information about leasing arrangements. The standards update is effective using the modified retrospective approach for fiscal years and interim periods beginning after December 15, 2018, with early adoption permitted. The standard provides for certain practical expedients. The transition will require application at the beginning of the earliest comparative period presented at the time of adoption. We are substantially complete with aggregating our worldwide lease contracts, are in the process of evaluating these lease contracts and are in the early stages of implementing a new lease accounting system to support the accounting and disclosure requirements of this standards update. The adoption of this standards update is expected to have a material impact on our financial statements as the Company has significant operating lease commitments that are off-balance sheet in accordance with current US GAAP. In May 2014, the FASB issued an accounting standards update with new guidance on recognizing revenue from contracts with customers. The standards update outlines a single comprehensive model for entities to utilize to recognize revenue when it transfers goods or services to customers in an amount that reflects the consideration that will be received in exchange for the goods and services. Additional disclosures will also be required to enable users to understand the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. In 2016, the FASB issued several amendments which provide clarification, additional guidance, practical expedients and technical corrections. In August 2015, the FASB deferred the effective date of this standards update to fiscal years beginning after December 15, 2017, with early adoption permitted on the original effective date of fiscal years beginning after December 15, 2016. The standard permits the use of either a retrospective or modified retrospective approach. We intend to use the modified retrospective approach. The adoption of this standards update is not expected to have a material impact on our consolidated financial statements. We will continue our evaluation of the standards update through the date of adoption, including assessing the impact of required new disclosures.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of all legal entities in which we hold a controlling financial interest. A controlling financial interest generally arises from our ownership of a majority of the voting shares of our subsidiaries. We would also hold a controlling financial interest in variable interest entities if we are considered to be the primary beneficiary. Investments in companies in which we do not own a majority interest and we have the ability to exercise significant influence over operating and financial policies are accounted for using the equity method. Investments in other companies are carried at cost. All intercompany balances and transactions have been eliminated in consolidation.
Restricted Cash	Restricted Cash, which is included in Prepaid Expenses and Other Current Assets in the Consolidated Balance Sheets, primarily represents amounts required to be set aside in connection with accounts receivable factoring programs and funds obtained under certain Chinese credit facilities for plant expansion in China. The restrictions lapse when cash from factored accounts receivable is remitted to the purchaser of those receivables or when funds are used for plant expansion expenditures, respectively. Restricted Cash
Reclassifications and Adjustments	Reclassifications and Adjustments Certain items previously reported in specific financial statement captions have been reclassified to conform to the current presentation.

Accounting Policies (Tables)

Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2017
Accounting Policies [Abstract]
Reconciliation of Cash, Cash Equivalents and Restricted Cash	The following table provides a reconciliation of Cash, Cash Equivalents and Restricted Cash as reported within the Consolidated Statements of Cash Flows: (In millions) September 30, 2017 2016 Cash and Cash Equivalents $ 822 $ 975 Restricted Cash 46 25 Total Cash, Cash Equivalents and Restricted Cash $ 868 $ 1,000
Reconciliation of Cash, Cash Equivalents, and Restricted Cash	The following table provides a reconciliation of Cash, Cash Equivalents and Restricted Cash as reported within the Consolidated Statements of Cash Flows: (In millions) September 30, 2017 2016 Cash and Cash Equivalents $ 822 $ 975 Restricted Cash 46 25 Total Cash, Cash Equivalents and Restricted Cash $ 868 $ 1,000

Costs Associated with Rationa25

Costs Associated with Rationalization Programs (Tables)	9 Months Ended
	Sep. 30, 2017
Restructuring and Related Activities [Abstract]
Roll-Forward of the Rationalization Liability Between Periods	The following table shows the roll-forward of our liability between periods: Other Exit and (In millions) Associate- Non-cancelable Related Costs Lease Costs Total Balance at December 31, 2016 $ 214 $ 5 $ 219 2017 Charges (1) 70 25 95 Incurred, including net Foreign Currency Translation of $23 million and $0 million, respectively (47 ) (26 ) (73 ) Reversed to the Statements of Operations (7 ) — (7 ) Balance at September 30, 2017 $ 230 $ 4 $ 234 (1) Charges of $95 million exclude $14 million of benefit plan curtailments and settlements recorded in Rationalizations in the Statement of Operations.
Net Rationalization Charges Included in Income Before Income Taxes	The following table shows net rationalization charges included in Income before Income Taxes: Three Months Ended Nine Months Ended (In millions) September 30, September 30, 2017 2016 2017 2016 Current Year Plans Associate Severance and Other Related Costs $ 26 $ 128 $ 51 $ 171 Other Exit and Non-Cancelable Lease Costs — — 1 — Current Year Plans - Net Charges $ 26 $ 128 $ 52 $ 171 Prior Year Plans Associate Severance and Other Related Costs $ (5 ) $ — $ 12 $ 10 Benefit Plan Curtailments and Settlements 13 1 14 — Other Exit and Non-Cancelable Lease Costs 12 6 24 13 Prior Year Plans - Net Charges 20 7 50 23 Total Net Charges $ 46 $ 135 $ 102 $ 194 Asset Write-off and Accelerated Depreciation Charges $ 10 $ 3 $ 39 $ 10

Other (Income) Expense (Tables)

Other (Income) Expense (Tables)	9 Months Ended
	Sep. 30, 2017
Other Income and Expenses [Abstract]
Schedule of Other (Income) Expense	Three Months Ended Nine Months Ended September 30, September 30, (In millions) 2017 2016 2017 2016 Financing fees and financial instruments $ 8 $ 7 $ 48 $ 75 Royalty income (10 ) (4 ) (26 ) (18 ) Net (gains) losses on asset sales (1 ) (27 ) (14 ) (28 ) Interest income (3 ) (4 ) (10 ) (12 ) Net foreign currency exchange (gains) losses (1 ) (1 ) (4 ) (4 ) General and product liability expense (income) - discontinued products (3 ) 2 — (14 ) Miscellaneous expense 14 4 15 4 $ 4 $ (23 ) $ 9 $ 3

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2017
Earnings Per Share [Abstract]
Basic and Diluted Earnings Per Common Share	Basic and diluted earnings per common share are calculated as follows: Three Months Ended Nine Months Ended September 30, September 30, (In millions, except per share amounts) 2017 2016 2017 2016 Earnings per share — basic: Goodyear net income $ 129 $ 317 $ 442 $ 703 Weighted average shares outstanding 250 262 251 264 Earnings per common share — basic $ 0.52 $ 1.21 $ 1.76 $ 2.66 Earnings per share — diluted: Goodyear net income $ 129 $ 317 $ 442 $ 703 Weighted average shares outstanding 250 262 251 264 Dilutive effect of stock options and other dilutive securities 4 4 4 4 Weighted average shares outstanding — diluted 254 266 255 268 Earnings per common share — diluted $ 0.50 $ 1.19 $ 1.73 $ 2.62

Business Segments (Tables)

Business Segments (Tables)	9 Months Ended
	Sep. 30, 2017
Segment Reporting [Abstract]
Business Segment Reporting Information	Three Months Ended Nine Months Ended September 30, September 30, (In millions) 2017 2016 2017 2016 Sales: Americas $ 2,041 $ 2,070 $ 6,028 $ 6,111 Europe, Middle East and Africa 1,311 1,236 3,664 3,748 Asia Pacific 569 541 1,614 1,558 Net Sales $ 3,921 $ 3,847 $ 11,306 $ 11,417 Segment Operating Income: Americas $ 189 $ 305 $ 616 $ 856 Europe, Middle East and Africa 87 152 262 380 Asia Pacific 81 99 225 270 Total Segment Operating Income $ 357 $ 556 $ 1,103 $ 1,506 Less: Rationalizations $ 46 $ 135 $ 102 $ 194 Interest expense 84 90 260 285 Other (income) expense (Note 3) 4 (23 ) 9 3 Asset write-offs and accelerated depreciation 10 3 39 10 Corporate incentive compensation plans — 20 27 60 Pension curtailments/settlements 13 — 13 14 Intercompany profit elimination 21 2 16 7 Retained expenses of divested operations 3 2 9 12 Other 14 17 37 43 Income before Income Taxes $ 162 $ 310 $ 591 $ 878
Charges and Credits Attributable to the SBUs	Rationalizations, as described in Note to the Consolidated Financial Statements No. 2, Costs Associated with Rationalization Programs, Net (gains) losses on asset sales and Asset write-offs and accelerated depreciation were not charged (credited) to the SBUs for performance evaluation purposes but were attributable to the SBUs as follows: Three Months Ended Nine Months Ended September 30, September 30, (In millions) 2017 2016 2017 2016 Rationalizations: Americas $ 4 $ 6 $ 6 $ 10 Europe, Middle East and Africa 25 126 78 179 Asia Pacific 1 — 2 1 Total Segment Rationalizations $ 30 $ 132 $ 86 $ 190 Corporate 16 3 16 4 Total Rationalizations $ 46 $ 135 $ 102 $ 194 Net (Gains) Losses on Asset Sales: Americas $ (1 ) $ — $ (4 ) $ — Europe, Middle East and Africa — (18 ) (10 ) (18 ) Asia Pacific — — — (1 ) Total Segment Asset Sales $ (1 ) $ (18 ) $ (14 ) $ (19 ) Corporate — (9 ) — (9 ) Total Net (Gains) Losses on Asset Sales $ (1 ) $ (27 ) $ (14 ) $ (28 ) Asset Write-offs and Accelerated Depreciation: Americas $ — $ 1 $ — $ 1 Europe, Middle East and Africa 10 2 39 9 Total Segment Asset Write-offs and Accelerated Depreciation $ 10 $ 3 $ 39 $ 10

Financing Arrangements and De29

Financing Arrangements and Derivative Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2017
Financing Arrangements and Derivative Financial Instruments [Abstract]
Notes Payable and Overdrafts, Long Term Debt and Capital Leases Due Within One Year	The following table presents amounts due within one year: September 30, December 31, (In millions) 2017 2016 Notes payable and overdrafts $ 276 $ 245 Weighted average interest rate 5.98 % 6.18 % Chinese credit facilities $ 125 $ 146 Other domestic and foreign debt (including capital leases) 253 290 Long term debt and capital leases due within one year $ 378 $ 436 Weighted average interest rate 6.98 % 9.39 % Total obligations due within one year $ 654 $ 681
Long Term Debt and Capital Leases, Net	The following table presents long term debt and capital leases, net of unamortized discounts, and interest rates: September 30, 2017 December 31, 2016 Interest Interest (In millions) Amount Rate Amount Rate Notes: 8.75% due 2020 $ 275 $ 273 7% due 2022 — 700 5.125% due 2023 1,000 1,000 3.75% Euro Notes due 2023 296 264 5% due 2026 900 900 4.875% due 2027 700 — 7% due 2028 150 150 Credit Facilities: $2.0 billion first lien revolving credit facility due 2021 375 2.45 % 85 1.98 % Second lien term loan facility due 2019 399 3.24 % 399 3.75 % €550 million revolving credit facility due 2020 390 1.75 % — — Pan-European accounts receivable facility 241 0.89 % 198 0.98 % Chinese credit facilities 247 4.81 % 315 4.68 % Other foreign and domestic debt (1) 1,145 6.08 % 951 9.14 % 6,118 5,235 Unamortized deferred financing fees (43 ) (42 ) 6,075 5,193 Capital lease obligations 40 41 6,115 5,234 Less portion due within one year (378 ) (436 ) $ 5,737 $ 4,798 (1) Interest rates are weighted average interest rates related to various foreign credit facilities with customary terms and conditions and domestic debt related to our Global and Americas Headquarters.
Fair Values for Foreign Currency Contracts Not Designated as Hedging Instruments	The following table presents the fair values for foreign currency contracts not designated as hedging instruments: September 30, December 31, (In millions) 2017 2016 Fair Values — Current asset (liability): Accounts receivable $ 6 $ 30 Other current liabilities (8 ) (18 )
Fair Values for Foreign Currency Contracts Designated as Cash Flow Hedging Instruments	The following table presents fair values for foreign currency contracts designated as cash flow hedging instruments: September 30, December 31, (In millions) 2017 2016 Fair Values — Current asset (liability): Accounts receivable $ — $ 9 Other current liabilities (10 ) — Fair Values — Long term asset (liability): Other assets $ — $ 2 Other long term liabilities (2 ) —
Information Related to Foreign Currency Contracts Designated as Cash Flow Hedging Instruments	The following table presents information related to foreign currency contracts designated as cash flow hedging instruments (before tax and minority): Three Months Ended Nine Months Ended September 30, September 30, (In millions) (Income) Expense 2017 2016 2017 2016 Amounts deferred to Accumulated Other Comprehensive Loss ("AOCL") $ 7 $ 1 $ 28 $ 1 Amount of deferred (gain) loss reclassified from AOCL into CGS 1 — (3 ) (6 ) Amounts excluded from effectiveness testing (1 ) (1 ) (2 ) (1 )

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2017
Fair Value Disclosures [Abstract]
Information About Assets and Liabilities Recorded at Fair Value	The following table presents information about assets and liabilities recorded at fair value on the Consolidated Balance Sheets at September 30, 2017 and December 31, 2016 : Total Carrying Value in the Consolidated Balance Sheet Quoted Prices in Active Markets for Identical Assets/Liabilities (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) (In millions) 2017 2016 2017 2016 2017 2016 2017 2016 Assets: Investments $ 10 $ 9 $ 10 $ 9 $ — $ — $ — $ — Foreign Exchange Contracts 6 41 — — 6 41 — — Total Assets at Fair Value $ 16 $ 50 $ 10 $ 9 $ 6 $ 41 $ — $ — Liabilities: Foreign Exchange Contracts $ 20 $ 18 $ — $ — $ 20 $ 18 $ — $ — Total Liabilities at Fair Value $ 20 $ 18 $ — $ — $ 20 $ 18 $ — $ —
Supplemental Fair Value Information About Debt, Excluding Capital Leases	The following table presents supplemental fair value information about long term fixed rate and variable rate debt, excluding capital leases, at September 30, 2017 and December 31, 2016 . September 30, December 31, (In millions) 2017 2016 Fixed Rate Debt: Carrying amount — liability $ 3,580 $ 3,514 Fair value — liability 3,779 3,669 Variable Rate Debt: Carrying amount — liability $ 2,495 $ 1,679 Fair value — liability 2,477 1,678

Pension Savings And Other Postr

Pension Savings And Other Postretirement Benefit Plans (Tables)	9 Months Ended
	Sep. 30, 2017
Retirement Benefits [Abstract]
Defined Benefit Pension Cost	Defined benefit pension cost follows: U.S. U.S. Three Months Ended Nine Months Ended September 30, September 30, (In millions) 2017 2016 2017 2016 Service cost $ 1 $ 1 $ 3 $ 3 Interest cost 39 41 120 123 Expected return on plan assets (60 ) (64 ) (181 ) (191 ) Amortization of net losses 27 28 83 82 Net periodic pension cost 7 6 25 17 Net curtailments and settlements 24 — 25 — Total defined benefit pension cost $ 31 $ 6 $ 50 $ 17 Non-U.S. Non-U.S. Three Months Ended Nine Months Ended September 30, September 30, (In millions) 2017 2016 2017 2016 Service cost $ 8 $ 7 $ 23 $ 22 Interest cost 18 20 53 61 Expected return on plan assets (20 ) (21 ) (59 ) (67 ) Amortization of net losses 8 7 24 21 Net periodic pension cost 14 13 41 37 Net curtailments and settlements 2 — 2 13 Total defined benefit pension cost $ 16 $ 13 $ 43 $ 50

Commitments and Contingent Li32

Commitments and Contingent Liabilities (Tables)	9 Months Ended
	Sep. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
Summary of Asbestos Claims Activity	A summary of recent approximate asbestos claims activity follows. Because claims are often filed and disposed of by dismissal or settlement in large numbers, the amount and timing of settlements and the number of open claims during a particular period can fluctuate significantly. Nine Months Ended Year Ended (Dollars in millions) September 30, 2017 December 31, 2016 Pending claims, beginning of period 64,400 67,400 New claims filed 1,500 1,900 Claims settled/dismissed (4,700 ) (4,900 ) Pending claims, end of period 61,200 64,400 Payments (1) $ 6 $ 20 (1) Represents cash payments made during the period by us and our insurers on asbestos litigation defense and claim resolution.

Changes in Shareholders' Equi33

Changes in Shareholders' Equity (Tables)	9 Months Ended
	Sep. 30, 2017
Equity [Abstract]
Changes In Shareholders' Equity	The following tables present the changes in shareholders’ equity for the nine months ended September 30, 2017 and 2016 : September 30, 2017 September 30, 2016 (In millions) Goodyear Shareholders’ Equity Minority Shareholders’ Equity – Nonredeemable Total Shareholders’ Equity Goodyear Shareholders’ Equity Minority Shareholders’ Equity – Nonredeemable Total Shareholders’ Equity Balance at beginning of period $ 4,507 $ 218 $ 4,725 $ 3,920 $ 222 $ 4,142 Comprehensive income (loss): Net income 442 13 455 703 14 717 Foreign currency translation, net of tax of $44 in 2017 ($17 in 2016) 155 14 169 (7 ) 2 (5 ) Amortization of prior service cost and unrecognized gains included in total benefit cost, net of tax of $31 in 2017 ($24 in 2016) 57 — 57 49 — 49 (Increase)/Decrease in net actuarial losses, net of tax of ($15) in 2017 ($0 in 2016) (23 ) — (23 ) 2 — 2 Immediate recognition of prior service cost and unrecognized gains due to curtailments, settlements, and divestitures, net of tax of $9 in 2017 ($0 in 2016) 15 — 15 15 — 15 Deferred derivative losses, net of tax of ($9) in 2017 ($0 in 2016) (19 ) — (19 ) (1 ) — (1 ) Reclassification adjustment for amounts recognized in income, net of tax of ($1) in 2017 (($1) in 2016) (2 ) — (2 ) (5 ) — (5 ) Other comprehensive income 183 14 197 53 2 55 Total comprehensive income 625 27 652 756 16 772 Adoption of new accounting standard — — — 56 — 56 Dividends declared to minority shareholders — (6 ) (6 ) — (11 ) (11 ) Stock-based compensation plans (Note 10) 17 — 17 18 — 18 Repurchase of common stock (Note 12) (205 ) — (205 ) (200 ) — (200 ) Dividends declared (Note 12) (75 ) — (75 ) (82 ) — (82 ) Common stock issued from treasury 13 — 13 9 — 9 Balance at end of period $ 4,882 $ 239 $ 5,121 $ 4,477 $ 227 $ 4,704

Reclassifications out of Accu34

Reclassifications out of Accumulated Other Comprehensive Loss (Tables)	9 Months Ended
	Sep. 30, 2017
Reclassifications out of Accumulated Other Comprehensive Loss [Abstract]
Changes in Accumulated Other Comprehensive Loss	The following table presents changes in Accumulated Other Comprehensive Loss (AOCL), by component, for the nine months ended September 30, 2017 and 2016 : (In millions) Income (Loss) Foreign Currency Translation Adjustment Unrecognized Net Actuarial Losses and Prior Service Costs Deferred Derivative Gains (Losses) Total Balance at December 31, 2016 $ (1,155 ) $ (3,053 ) $ 10 $ (4,198 ) Other comprehensive income (loss) before reclassifications 155 (23 ) (19 ) 113 Amounts reclassified from accumulated other comprehensive loss — 72 (2 ) 70 Balance at September 30, 2017 $ (1,000 ) $ (3,004 ) $ (11 ) $ (4,015 ) Foreign Currency Translation Adjustment Unrecognized Net Actuarial Losses and Prior Service Costs Deferred Derivative Gains (Losses) Total Balance at December 31, 2015 $ (946 ) $ (3,071 ) $ 7 $ (4,010 ) Other comprehensive income (loss) before reclassifications (7 ) 2 (1 ) (6 ) Amounts reclassified from accumulated other comprehensive loss — 64 (5 ) 59 Balance at September 30, 2016 $ (953 ) $ (3,005 ) $ 1 $ (3,957 )
Reclassifications out of Accumulated Other Comprehensive Loss	The following table presents reclassifications out of Accumulated Other Comprehensive Loss: Three Months Ended September 30, Nine Months Ended September 30, (In millions) (Income) Expense 2017 2016 2017 2016 Component of AOCL Amount Reclassified from AOCL Amount Reclassified from AOCL Affected Line Item in the Consolidated Statements of Operations Amortization of prior service cost and unrecognized gains and losses $ 28 $ 25 $ 88 $ 73 Total Benefit Cost Immediate recognition of prior service cost and unrecognized gains and losses due to curtailments, settlements, and divestitures 24 — 24 15 Total Benefit Cost Unrecognized Net Actuarial Losses and Prior Service Costs, before tax $ 52 $ 25 $ 112 $ 88 Tax effect (19 ) (8 ) (40 ) (24 ) United States and Foreign Taxes Net of tax $ 33 $ 17 $ 72 $ 64 Goodyear Net Income Deferred Derivative (Gains) Losses, before tax $ 1 $ — $ (3 ) $ (6 ) Cost of Goods Sold Tax effect — — 1 1 United States and Foreign Taxes Net of tax $ 1 $ — $ (2 ) $ (5 ) Goodyear Net Income Total reclassifications $ 34 $ 17 $ 70 $ 59 Goodyear Net Income

Consolidating Financial Infor35

Consolidating Financial Information (Tables)	9 Months Ended
	Sep. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Condensed Consolidating Balance Sheet	Condensed Consolidating Balance Sheet September 30, 2017 (In millions) Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Assets: Current Assets: Cash and Cash Equivalents $ 59 $ 36 $ 727 $ — $ 822 Accounts Receivable, net 660 153 1,859 — 2,672 Accounts Receivable From Affiliates — 144 260 (404 ) — Inventories 1,582 52 1,401 (44 ) 2,991 Prepaid Expenses and Other Current Assets 73 2 165 2 242 Total Current Assets 2,374 387 4,412 (446 ) 6,727 Goodwill 24 1 435 127 587 Intangible Assets 117 — 20 — 137 Deferred Income Taxes 1,883 39 434 — 2,356 Other Assets 215 53 443 3 714 Investments in Subsidiaries 4,689 592 — (5,281 ) — Property, Plant and Equipment, net 2,469 403 4,486 (27 ) 7,331 Total Assets $ 11,771 $ 1,475 $ 10,230 $ (5,624 ) $ 17,852 Liabilities: Current Liabilities: Accounts Payable-Trade $ 822 $ 104 $ 1,698 $ — $ 2,624 Accounts Payable to Affiliates 404 — — (404 ) — Compensation and Benefits 306 16 260 — 582 Other Current Liabilities 342 9 711 — 1,062 Notes Payable and Overdrafts 30 — 246 — 276 Long Term Debt and Capital Leases Due Within One Year 4 — 374 — 378 Total Current Liabilities 1,908 129 3,289 (404 ) 4,922 Long Term Debt and Capital Leases 3,974 52 1,711 — 5,737 Compensation and Benefits 620 104 735 — 1,459 Deferred Income Taxes — 1 90 — 91 Other Long Term Liabilities 387 11 124 — 522 Total Liabilities 6,889 297 5,949 (404 ) 12,731 Commitments and Contingent Liabilities Shareholders’ Equity: Goodyear Shareholders’ Equity: Common Stock 246 — — — 246 Other Equity 4,636 1,178 4,042 (5,220 ) 4,636 Goodyear Shareholders’ Equity 4,882 1,178 4,042 (5,220 ) 4,882 Minority Shareholders’ Equity — Nonredeemable — — 239 — 239 Total Shareholders’ Equity 4,882 1,178 4,281 (5,220 ) 5,121 Total Liabilities and Shareholders’ Equity $ 11,771 $ 1,475 $ 10,230 $ (5,624 ) $ 17,852 Condensed Consolidating Balance Sheet December 31, 2016 (In millions) Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Assets: Current Assets: Cash and Cash Equivalents $ 188 $ 55 $ 889 $ — $ 1,132 Accounts Receivable, net 589 106 1,074 — 1,769 Accounts Receivable From Affiliates — 277 270 (547 ) — Inventories 1,443 25 1,178 (19 ) 2,627 Prepaid Expenses and Other Current Assets 57 3 130 — 190 Total Current Assets 2,277 466 3,541 (566 ) 5,718 Goodwill 24 — 391 120 535 Intangible Assets 118 — 18 — 136 Deferred Income Taxes 2,010 31 373 — 2,414 Other Assets 223 53 387 5 668 Investments in Subsidiaries 4,344 541 — (4,885 ) — Property, Plant and Equipment, net 2,481 308 4,279 (28 ) 7,040 Total Assets $ 11,477 $ 1,399 $ 8,989 $ (5,354 ) $ 16,511 Liabilities: Current Liabilities: Accounts Payable-Trade $ 905 $ 142 $ 1,542 $ — $ 2,589 Accounts Payable to Affiliates 547 — — (547 ) — Compensation and Benefits 365 15 204 — 584 Other Current Liabilities 355 — 611 (3 ) 963 Notes Payable and Overdrafts — — 245 — 245 Long Term Debt and Capital Leases Due Within One Year 6 — 430 — 436 Total Current Liabilities 2,178 157 3,032 (550 ) 4,817 Long Term Debt and Capital Leases 3,685 — 1,113 — 4,798 Compensation and Benefits 682 98 680 — 1,460 Deferred Income Taxes — 1 84 — 85 Other Long Term Liabilities 425 12 188 1 626 Total Liabilities 6,970 268 5,097 (549 ) 11,786 Commitments and Contingent Liabilities Shareholders’ Equity: Goodyear Shareholders’ Equity: Common Stock 252 — — — 252 Other Equity 4,255 1,131 3,674 (4,805 ) 4,255 Goodyear Shareholders’ Equity 4,507 1,131 3,674 (4,805 ) 4,507 Minority Shareholders’ Equity — Nonredeemable — — 218 — 218 Total Shareholders’ Equity 4,507 1,131 3,892 (4,805 ) 4,725 Total Liabilities and Shareholders’ Equity $ 11,477 $ 1,399 $ 8,989 $ (5,354 ) $ 16,511
Consolidating Statements of Operations	Consolidating Statements of Operations Three Months Ended September 30, 2017 (In millions) Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Net Sales $ 1,790 $ 294 $ 2,448 $ (611 ) $ 3,921 Cost of Goods Sold 1,402 264 2,024 (621 ) 3,069 Selling, Administrative and General Expense 233 10 313 — 556 Rationalizations 20 — 26 — 46 Interest Expense 62 2 34 (14 ) 84 Other (Income) Expense (54 ) (9 ) 4 63 4 Income (Loss) before Income Taxes and Equity in Earnings of Subsidiaries 127 27 47 (39 ) 162 United States and Foreign Taxes 9 6 12 3 30 Equity in Earnings of Subsidiaries 11 (3 ) — (8 ) — Net Income (Loss) 129 18 35 (50 ) 132 Less: Minority Shareholders’ Net Income — — 3 — 3 Goodyear Net Income (Loss) $ 129 $ 18 $ 32 $ (50 ) $ 129 Comprehensive Income (Loss) $ 166 $ 16 $ 86 $ (98 ) $ 170 Less: Comprehensive Income (Loss) Attributable to Minority Shareholders — — 4 — 4 Goodyear Comprehensive Income (Loss) $ 166 $ 16 $ 82 $ (98 ) $ 166 Consolidating Statements of Operations Three Months Ended September 30, 2016 (In millions) Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Net Sales $ 1,888 $ 323 $ 2,319 $ (683 ) $ 3,847 Cost of Goods Sold 1,394 298 1,737 (693 ) 2,736 Selling, Administrative and General Expense 268 9 322 — 599 Rationalizations 7 — 128 — 135 Interest Expense 64 2 24 — 90 Other (Income) Expense (24 ) — (7 ) 8 (23 ) Income (Loss) before Income Taxes and Equity in Earnings of Subsidiaries 179 14 115 2 310 United States and Foreign Taxes (55 ) 3 41 1 (10 ) Equity in Earnings of Subsidiaries 83 10 — (93 ) — Net Income (Loss) 317 21 74 (92 ) 320 Less: Minority Shareholders’ Net Income — — 3 — 3 Goodyear Net Income (Loss) $ 317 $ 21 $ 71 $ (92 ) $ 317 Comprehensive Income (Loss) $ 322 $ 21 $ 70 $ (88 ) $ 325 Less: Comprehensive Income (Loss) Attributable to Minority Shareholders — — 3 — 3 Goodyear Comprehensive Income (Loss) $ 322 $ 21 $ 67 $ (88 ) $ 322 Consolidating Statements of Operations Nine Months Ended September 30, 2017 (In millions) Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Net Sales $ 5,420 $ 883 $ 7,066 $ (2,063 ) $ 11,306 Cost of Goods Sold 4,244 824 5,662 (2,104 ) 8,626 Selling, Administrative and General Expense 740 29 949 — 1,718 Rationalizations 22 — 80 — 102 Interest Expense 196 6 96 (38 ) 260 Other (Income) Expense (73 ) (8 ) (19 ) 109 9 Income (Loss) before Income Taxes and Equity in Earnings of Subsidiaries 291 32 298 (30 ) 591 United States and Foreign Taxes 69 6 61 — 136 Equity in Earnings of Subsidiaries 220 28 — (248 ) — Net Income (Loss) 442 54 237 (278 ) 455 Less: Minority Shareholders’ Net Income — — 13 — 13 Goodyear Net Income (Loss) $ 442 $ 54 $ 224 $ (278 ) $ 442 Comprehensive Income (Loss) $ 625 $ 57 $ 426 $ (456 ) $ 652 Less: Comprehensive Income (Loss) Attributable to Minority Shareholders — — 27 — 27 Goodyear Comprehensive Income (Loss) $ 625 $ 57 $ 399 $ (456 ) $ 625 Consolidating Statements of Operations Nine Months Ended September 30, 2016 (In millions) Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Net Sales $ 5,564 $ 988 $ 6,922 $ (2,057 ) $ 11,417 Cost of Goods Sold 4,131 922 5,311 (2,114 ) 8,250 Selling, Administrative and General Expense 799 30 979 (1 ) 1,807 Rationalizations 12 — 182 — 194 Interest Expense 210 9 77 (11 ) 285 Other (Income) Expense (29 ) 1 (17 ) 48 3 Income (Loss) before Income Taxes and Equity in Earnings of Subsidiaries 441 26 390 21 878 United States and Foreign Taxes 50 2 104 5 161 Equity in Earnings of Subsidiaries 312 31 — (343 ) — Net Income (Loss) 703 55 286 (327 ) 717 Less: Minority Shareholders’ Net Income — — 14 — 14 Goodyear Net Income (Loss) $ 703 $ 55 $ 272 $ (327 ) $ 703 Comprehensive Income (Loss) $ 756 $ 35 $ 311 $ (330 ) $ 772 Less: Comprehensive Income (Loss) Attributable to Minority Shareholders — — 16 — 16 Goodyear Comprehensive Income (Loss) $ 756 $ 35 $ 295 $ (330 ) $ 756
Condensed Consolidating Statement of Cash Flows	Condensed Consolidating Statement of Cash Flows Nine Months Ended September 30, 2017 (In millions) Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Cash Flows from Operating Activities: Total Cash Flows from Operating Activities $ 179 $ — $ (303 ) $ (30 ) $ (154 ) Cash Flows from Investing Activities: Capital Expenditures (247 ) (115 ) (323 ) 2 (683 ) Asset Dispositions 1 — 8 — 9 Short Term Securities Acquired — — (51 ) — (51 ) Short Term Securities Redeemed — — 51 — 51 Capital Contributions and Loans Incurred (75 ) — (41 ) 116 — Capital Redemptions and Loans Paid 21 — 61 (82 ) — Other Transactions — — (1 ) — (1 ) Total Cash Flows from Investing Activities (300 ) (115 ) (296 ) 36 (675 ) Cash Flows from Financing Activities: Short Term Debt and Overdrafts Incurred 175 — 369 — 544 Short Term Debt and Overdrafts Paid (145 ) — (378 ) — (523 ) Long Term Debt Incurred 2,597 52 2,323 — 4,972 Long Term Debt Paid (2,310 ) — (1,883 ) — (4,193 ) Common Stock Issued 12 — — — 12 Common Stock Repurchased (205 ) — — — (205 ) Common Stock Dividends Paid (75 ) — — — (75 ) Capital Contributions and Loans Incurred 41 62 13 (116 ) — Capital Redemptions and Loans Paid (61 ) (21 ) — 82 — Intercompany Dividends Paid — — (28 ) 28 — Transactions with Minority Interests in Subsidiaries — — (6 ) — (6 ) Debt Related Costs and Other Transactions (38 ) — (31 ) — (69 ) Total Cash Flows from Financing Activities (9 ) 93 379 (6 ) 457 Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash — 3 48 — 51 Net Change in Cash, Cash Equivalents and Restricted Cash (130 ) (19 ) (172 ) — (321 ) Cash, Cash Equivalents and Restricted Cash at Beginning of the Period 210 55 924 — 1,189 Cash, Cash Equivalents and Restricted Cash at End of the Period $ 80 $ 36 $ 752 $ — $ 868 Condensed Consolidating Statement of Cash Flows Nine Months Ended September 30, 2016 (In millions) Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Cash Flows from Operating Activities: Total Cash Flows from Operating Activities $ 31 $ 26 $ 261 $ (28 ) $ 290 Cash Flows from Investing Activities: Capital Expenditures (271 ) (69 ) (375 ) 4 (711 ) Asset Dispositions 11 — 2 — 13 Short Term Securities Acquired — — (46 ) — (46 ) Short Term Securities Redeemed — — 34 — 34 Capital Contributions and Loans Incurred (165 ) — (248 ) 413 — Capital Redemptions and Loans Paid 48 — 148 (196 ) — Other Transactions — — 2 — 2 Total Cash Flows from Investing Activities (377 ) (69 ) (483 ) 221 (708 ) Cash Flows from Financing Activities: Short Term Debt and Overdrafts Incurred — — 219 — 219 Short Term Debt and Overdrafts Paid — — (99 ) — (99 ) Long Term Debt Incurred 2,339 — 1,790 — 4,129 Long Term Debt Paid (2,034 ) — (1,991 ) — (4,025 ) Common Stock Issued 9 — — — 9 Common Stock Repurchased (200 ) — — — (200 ) Common Stock Dividends Paid (56 ) — — — (56 ) Capital Contributions and Loans Incurred 248 59 106 (413 ) — Capital Redemptions and Loans Paid (148 ) (25 ) (23 ) 196 — Intercompany Dividends Paid — — (24 ) 24 — Transactions with Minority Interests in Subsidiaries — — (9 ) — (9 ) Debt Related Costs and Other Transactions (66 ) — (11 ) — (77 ) Total Cash Flows from Financing Activities 92 34 (42 ) (193 ) (109 ) Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash — 1 24 — 25 Net Change in Cash, Cash Equivalents and Restricted Cash (254 ) (8 ) (240 ) — (502 ) Cash, Cash Equivalents and Restricted Cash at Beginning of the Period 361 67 1,074 — 1,502 Cash, Cash Equivalents and Restricted Cash at End of the Period $ 107 $ 59 $ 834 $ — $ 1,000

Accounting Policies - Narrative

Accounting Policies - Narrative (Details) - USD ($) $ in Millions	9 Months Ended		12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2017	Dec. 31, 2016
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Reclassification of cash flows from Operating Activities	$ (154)	$ 290
Reclassification of cash flows to Financing Activities	(457)	109
Restricted cash balances	$ 46	25		$ 57
Scenario, Forecast
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Non-service costs			$ 70
Accounting Standards Update 2016-15 | New Accounting Pronouncement, Early Adoption, Effect
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Reclassification of cash flows from Operating Activities		53
Reclassification of cash flows to Financing Activities		$ 53

Accounting Policies - Reconcili

Accounting Policies - Reconciliation of Cash, Cash Equivalents, and Restricted Cash (Details) - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016	Sep. 30, 2016	Dec. 31, 2015
Accounting Policies [Abstract]
Cash and Cash Equivalents	$ 822	$ 1,132	$ 975
Restricted Cash	46	57	25
Total Cash, Cash Equivalents and Restricted Cash	$ 868	$ 1,189	$ 1,000	$ 1,502

Costs Associated with Rationa38

Costs Associated with Rationalization Programs - Roll-Forward of the Rationalization Liability Between Periods (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Restructuring Reserve [Roll Forward]
Beginning balance			$ 219
2017 Charges			95
Incurred, including net Foreign Currency Translation of $23 million and $0 million, respectively			(73)
Reversed to the Statements of Operations	$ (5)		(7)
Ending balance	234		234
Rationalizations	46	$ 135	102	$ 194
Prior Year Plans
Restructuring Reserve [Roll Forward]
Rationalizations	20	7	50	23
Associate-Related Costs
Restructuring Reserve [Roll Forward]
Beginning balance			214
2017 Charges			70
Incurred, including net Foreign Currency Translation of $23 million and $0 million, respectively			(47)
Reversed to the Statements of Operations			(7)
Ending balance	230		230
Foreign currency translation			23
Associate-Related Costs | Prior Year Plans
Restructuring Reserve [Roll Forward]
Rationalizations	(5)	0	12	10
Other Exit and Non-Cancelable Lease Costs
Restructuring Reserve [Roll Forward]
Beginning balance			5
2017 Charges			25
Incurred, including net Foreign Currency Translation of $23 million and $0 million, respectively			(26)
Reversed to the Statements of Operations			0
Ending balance	4		4
Foreign currency translation			0
Other Exit and Non-Cancelable Lease Costs | Prior Year Plans
Restructuring Reserve [Roll Forward]
Rationalizations	$ 12	$ 6	24	$ 13
Benefit Plan Curtailments and Settlements | Prior Year Plans
Restructuring Reserve [Roll Forward]
Rationalizations			$ 14

Costs Associated with Rationa39

Costs Associated with Rationalization Programs - Net Rationalization Charges Included in Income Before Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Restructuring Cost and Reserve [Line Items]
Rationalizations	$ 46	$ 135	$ 102	$ 194
Asset Write-off and Accelerated Depreciation Charges	10	3	39	10
Current Year Plans
Restructuring Cost and Reserve [Line Items]
Rationalizations	26	128	52	171
Current Year Plans | Associate Severance and Other Related Costs
Restructuring Cost and Reserve [Line Items]
Rationalizations	26	128	51	171
Current Year Plans | Other Exit and Non-Cancelable Lease Costs
Restructuring Cost and Reserve [Line Items]
Rationalizations	0	0	1	0
Prior Year Plans
Restructuring Cost and Reserve [Line Items]
Rationalizations	20	7	50	23
Prior Year Plans | Associate Severance and Other Related Costs
Restructuring Cost and Reserve [Line Items]
Rationalizations	(5)	0	12	10
Prior Year Plans | Benefit Plan Curtailments and Settlements
Restructuring Cost and Reserve [Line Items]
Rationalizations	13	1	14	0
Prior Year Plans | Other Exit and Non-Cancelable Lease Costs
Restructuring Cost and Reserve [Line Items]
Rationalizations	$ 12	$ 6	$ 24	$ 13

Costs Associated with Rationa40

Costs Associated with Rationalization Programs - Narrative (Details) $ in Millions	3 Months Ended			9 Months Ended
	Dec. 31, 2017USD ($)	Sep. 30, 2017USD ($)	Sep. 30, 2016USD ($)	Sep. 30, 2017USD ($)employee	Sep. 30, 2016USD ($)	Dec. 31, 2016USD ($)
Restructuring Cost and Reserve [Line Items]
Rationalizations accrual balance		$ 234		$ 234		$ 219
Rationalization payments				96	$ 68
Rationalizations		46	$ 135	102	194
Rationalization reversals		5		7
Rationalization charges incurred to date						$ 595
Rationalization charges expected to be incurred in future periods		45		$ 45
Expected number of job reductions | employee				750
Current Year Plans
Restructuring Cost and Reserve [Line Items]
Rationalizations		26	128	$ 52	171
Expected number of job reductions | employee				400
Number of associates released | employee				100
Prior Year Plans
Restructuring Cost and Reserve [Line Items]
Rationalizations		20	7	$ 50	23
Number of associates released | employee				1,100
Philippsburg Restructuring
Restructuring Cost and Reserve [Line Items]
Rationalizations accrual balance		118		$ 118
Philippsburg Restructuring | Prior Year Plans
Restructuring Cost and Reserve [Line Items]
Rationalizations		9		29
SAG Employee Severance
Restructuring Cost and Reserve [Line Items]
Rationalizations accrual balance		36		36
SAG Employee Severance | Current Year Plans
Restructuring Cost and Reserve [Line Items]
Rationalizations				20
SAG Employee Severance | Prior Year Plans
Restructuring Cost and Reserve [Line Items]
Rationalizations		9		9
EMEA Restructuring, Manufacturing Employee Severance
Restructuring Cost and Reserve [Line Items]
Rationalizations accrual balance		30		30
EMEA Restructuring, Manufacturing Employee Severance | Prior Year Plans
Restructuring Cost and Reserve [Line Items]
Rationalizations				9
EMEA Restructuring, SAG Employee Severance
Restructuring Cost and Reserve [Line Items]
Rationalizations accrual balance		17		17
Global Reduction in Force | Current Year Plans
Restructuring Cost and Reserve [Line Items]
Rationalizations		$ 25		25
Supply Chain Restructuring | Current Year Plans
Restructuring Cost and Reserve [Line Items]
Rationalizations				$ 7
Amiens Restructuring | Prior Year Plans
Restructuring Cost and Reserve [Line Items]
Rationalizations			$ 2		$ 11
Amiens Labor Claims | Amiens Restructuring
Restructuring Cost and Reserve [Line Items]
Loss contingency, number of plaintiffs | employee				850
Scenario, Forecast | Philippsburg Restructuring
Restructuring Cost and Reserve [Line Items]
Rationalization payments	$ 65

Other (Income) Expense - Schedu

Other (Income) Expense - Schedule of Other Income and Expense (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Other Income and Expenses [Abstract]
Financing fees and financial instruments	$ 8	$ 7	$ 48	$ 75
Royalty income	(10)	(4)	(26)	(18)
Net (gains) losses on asset sales	(1)	(27)	(14)	(28)
Interest income	(3)	(4)	(10)	(12)
Net foreign currency exchange (gains) losses	(1)	(1)	(4)	(4)
General and product liability expense (income) - discontinued products	(3)	2	0	(14)
Miscellaneous expense	14	4	15	4
Other (income) expense	$ 4	$ (23)	$ 9	$ 3

Other (Income) Expense - Narrat

Other (Income) Expense - Narrative (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2017USD ($)	Sep. 30, 2016USD ($)	Sep. 30, 2017USD ($)	Sep. 30, 2016USD ($)	May 31, 2017USD ($)	Dec. 31, 2016	Jun. 30, 2016USD ($)	Jan. 31, 2016EUR (€)
Other (Income) Expense [Line Items]
Redemption premium			$ 25,000,000	$ 53,000,000
Insurance recoveries	$ 5,000,000		5,000,000	4,000,000
Benefit from change in probable insurance recovery assumptions				10,000,000
Insurance deductible	$ 12,000,000		12,000,000
Discontinued Operations, Disposed of by Sale | Supply Chain Logistics Company
Other (Income) Expense [Line Items]
Gain on sale of interest in company		$ 9,000,000		9,000,000
Luxembourg Plant Site
Other (Income) Expense [Line Items]
Gain on sale of assets		$ 16,000,000	$ 6,000,000	$ 16,000,000
Senior Notes | 7% due 2022
Other (Income) Expense [Line Items]
Debt instrument, face amount					$ 700,000,000
Interest rate, stated percentage					7.00%	7.00%
Senior Notes | 6.5% due 2021
Other (Income) Expense [Line Items]
Debt instrument, face amount							$ 900,000,000
Interest rate, stated percentage							6.50%
Euro Notes | 6.75% due 2019
Other (Income) Expense [Line Items]
Debt instrument, face amount | €								€ 250,000,000
Interest rate, stated percentage								6.75%

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Jan. 01, 2017
Income Tax Disclosure [Abstract]
Tax expense	$ 30	$ (10)	$ 136	$ 161
Income before income taxes	162	310	591	878
Favorable impact on income tax expense, discrete tax adjustments	$ 12	$ 118	$ 23	$ 127
Unrecognized tax benefits					$ 63
Favorable impact on income tax expense, if unrecognized tax benefits were recognized					47
Accrued interest					4
Unrecognized tax benefits requiring the use of cash if not favorably settled					$ 12

Earnings Per Share - Basic and

Earnings Per Share - Basic and Diluted Earnings per Common Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Earnings per share — basic:
Goodyear net income	$ 129	$ 317	$ 442	$ 703
Weighted average shares outstanding (shares)	250	262	251	264
Earnings per common share — basic (dollars per share)	$ 0.52	$ 1.21	$ 1.76	$ 2.66
Earnings per share — diluted:
Goodyear net income	$ 129	$ 317	$ 442	$ 703
Weighted average shares outstanding (shares)	250	262	251	264
Dilutive effect of stock options and other dilutive securities (shares)	4	4	4	4
Weighted average shares outstanding — diluted (shares)	254	266	255	268
Earnings per common share — diluted (dollars per share)	$ 0.50	$ 1.19	$ 1.73	$ 2.62

Earnings Per Share - Narrative

Earnings Per Share - Narrative (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Underwater Stock Options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Equivalent shares excluded from weighted average shares outstanding (shares)	1,000,000	0	1,000,000	1,000,000

Business Segments - Reporting I

Business Segments - Reporting Information (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Business Segment Reporting Information
Net Sales	$ 3,921	$ 3,847	$ 11,306	$ 11,417
Rationalizations	46	135	102	194
Interest expense	84	90	260	285
Other (income) expense	4	(23)	9	3
Asset write-offs and accelerated depreciation	10	3	39	10
Income before Income Taxes	162	310	591	878
Operating Segments
Business Segment Reporting Information
Rationalizations	30	132	86	190
Income before Income Taxes	357	556	1,103	1,506
Segment Reconciling Items
Business Segment Reporting Information
Rationalizations	46	135	102	194
Interest expense	84	90	260	285
Other (income) expense	4	(23)	9	3
Asset write-offs and accelerated depreciation	10	3	39	10
Corporate incentive compensation plans	0	20	27	60
Pension curtailments/settlements	13	0	13	14
Intercompany profit elimination	21	2	16	7
Retained expenses of divested operations	3	2	9	12
Other
Business Segment Reporting Information
Other	14	17	37	43
Americas
Business Segment Reporting Information
Net Sales	2,041	2,070	6,028	6,111
Asset write-offs and accelerated depreciation	0	1	0	1
Americas | Operating Segments
Business Segment Reporting Information
Rationalizations	4	6	6	10
Income before Income Taxes	189	305	616	856
Europe, Middle East and Africa
Business Segment Reporting Information
Net Sales	1,311	1,236	3,664	3,748
Asset write-offs and accelerated depreciation	10	2	39	9
Europe, Middle East and Africa | Operating Segments
Business Segment Reporting Information
Rationalizations	25	126	78	179
Income before Income Taxes	87	152	262	380
Asia Pacific
Business Segment Reporting Information
Net Sales	569	541	1,614	1,558
Asia Pacific | Operating Segments
Business Segment Reporting Information
Rationalizations	1	0	2	1
Income before Income Taxes	$ 81	$ 99	$ 225	$ 270

Business Segments - Charges and

Business Segments - Charges and Credits Attributable to the SBUs (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Segment Reporting Information [Line Items]
Rationalizations	$ 46	$ 135	$ 102	$ 194
Net (gains) losses on asset sales	(1)	(27)	(14)	(28)
Asset write-offs and accelerated depreciation	10	3	39	10
Americas
Segment Reporting Information [Line Items]
Asset write-offs and accelerated depreciation	0	1	0	1
Europe, Middle East and Africa
Segment Reporting Information [Line Items]
Asset write-offs and accelerated depreciation	10	2	39	9
Operating Segments
Segment Reporting Information [Line Items]
Rationalizations	30	132	86	190
Net (gains) losses on asset sales	(1)	(18)	(14)	(19)
Operating Segments | Americas
Segment Reporting Information [Line Items]
Rationalizations	4	6	6	10
Net (gains) losses on asset sales	(1)	0	(4)	0
Operating Segments | Europe, Middle East and Africa
Segment Reporting Information [Line Items]
Rationalizations	25	126	78	179
Net (gains) losses on asset sales	0	(18)	(10)	(18)
Operating Segments | Asia Pacific
Segment Reporting Information [Line Items]
Rationalizations	1	0	2	1
Net (gains) losses on asset sales	0	0	0	(1)
Corporate
Segment Reporting Information [Line Items]
Rationalizations	16	3	16	4
Net (gains) losses on asset sales	$ 0	$ (9)	$ 0	$ (9)

Financing Arrangements and De48

Financing Arrangements and Derivative Financial Instruments - Narrative (Details) $ in Millions	Sep. 30, 2017USD ($)
Debt Instrument [Line Items]
Credit arrangements	$ 8,851
Credit arrangements, unused amount	$ 2,420
Debt, percentage bearing variable interest rate	41.00%
Long-term Debt
Debt Instrument [Line Items]
Credit arrangements	$ 8,224
Credit arrangements, unused amount	2,069
Short-term Debt
Debt Instrument [Line Items]
Credit arrangements	627
Credit arrangements, unused amount	$ 351
Variable Rate Credit Arrangements
Debt Instrument [Line Items]
Interest rate	4.08%

Financing Arrangements and De49

Financing Arrangements and Derivative Financial Instruments - Notes Payable and Overdrafts, Long Term Debt and Capital Leases Due Within One Year (Details) - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Notes payable and overdrafts, long term debt and capital leases due within one year
Notes payable and overdrafts	$ 276	$ 245
Long term debt and capital leases due within one year
Long term debt and capital leases due within one year	378	436
Total obligations due within one year	$ 654	$ 681
Notes payable and overdrafts
Notes payable and overdrafts, long term debt and capital leases due within one year
Weighted average interest rate	5.98%	6.18%
Long term debt and capital leases due within one year
Long term debt and capital leases due within one year
Weighted average interest rate	6.98%	9.39%
Other Domestic and Foreign Debt
Long term debt and capital leases due within one year
Long term debt and capital leases due within one year	$ 253	$ 290
Weighted average interest rate	6.08%	9.14%
Foreign Line of Credit | Line of Credit | Chinese Credit Facilities
Long term debt and capital leases due within one year
Long term debt and capital leases due within one year	$ 125	$ 146
Weighted average interest rate	4.81%	4.68%

Financing Arrangements and De50

Financing Arrangements and Derivative Financial Instruments - Long Term Debt and Capital Leases and Financing Arrangements (Details)	Sep. 30, 2017EUR (€)	Sep. 30, 2017USD ($)	May 31, 2017	Mar. 31, 2017	Dec. 31, 2016USD ($)
Long-term Debt and Capital Lease Obligations [Abstract]
Long-term debt, before deferred financing fees		$ 6,118,000,000			$ 5,235,000,000
Unamortized deferred financing fees		(43,000,000)			(42,000,000)
Total long term debt excluding capital leases		6,075,000,000			5,193,000,000
Capital lease obligations		40,000,000			41,000,000
Long-term debt and capital lease obligations, including current maturities		6,115,000,000			5,234,000,000
Less portion due within one year		(378,000,000)			(436,000,000)
Long-term debt and capital lease obligations, excluding current maturities		5,737,000,000			4,798,000,000
Senior Notes | 8.75% due 2020
Long-term Debt and Capital Lease Obligations [Abstract]
Long-term debt, before deferred financing fees		$ 275,000,000			273,000,000
Interest rate, stated percentage	8.75%	8.75%
Senior Notes | 7% due 2022
Long-term Debt and Capital Lease Obligations [Abstract]
Long-term debt, before deferred financing fees		$ 0			$ 700,000,000
Interest rate, stated percentage			7.00%		7.00%
Senior Notes | 5.125% due 2023
Long-term Debt and Capital Lease Obligations [Abstract]
Long-term debt, before deferred financing fees		$ 1,000,000,000			$ 1,000,000,000
Interest rate, stated percentage	5.125%	5.125%
Senior Notes | 5% due 2026
Long-term Debt and Capital Lease Obligations [Abstract]
Long-term debt, before deferred financing fees		$ 900,000,000			900,000,000
Interest rate, stated percentage	5.00%	5.00%
Senior Notes | 4.875% due 2027
Long-term Debt and Capital Lease Obligations [Abstract]
Long-term debt, before deferred financing fees		$ 700,000,000			0
Interest rate, stated percentage	4.875%	4.875%		4.875%
Senior Notes | 7% due 2028
Long-term Debt and Capital Lease Obligations [Abstract]
Long-term debt, before deferred financing fees		$ 150,000,000			150,000,000
Interest rate, stated percentage	7.00%	7.00%
Euro Notes | 3.75% Euro Notes due 2023
Long-term Debt and Capital Lease Obligations [Abstract]
Long-term debt, before deferred financing fees		$ 296,000,000			264,000,000
Interest rate, stated percentage	3.75%	3.75%
Line of Credit | $2.0 billion first lien revolving credit facility due 2021
Long-term Debt and Capital Lease Obligations [Abstract]
Maximum borrowing capacity		$ 2,000,000,000
Line of Credit | Revolving Credit Facility | $2.0 billion first lien revolving credit facility due 2021
Long-term Debt and Capital Lease Obligations [Abstract]
Long-term debt, before deferred financing fees		$ 375,000,000			$ 85,000,000
Interest rate	2.45%	2.45%			1.98%
Maximum borrowing capacity		$ 2,000,000,000
Line of Credit | Revolving Credit Facility | €550 million revolving credit facility due 2020
Long-term Debt and Capital Lease Obligations [Abstract]
Long-term debt, before deferred financing fees		$ 390,000,000			$ 0
Interest rate	1.75%	1.75%			0.00%
Maximum borrowing capacity | €	€ 550,000,000
Line of Credit | Secured Debt | Second lien term loan facility due 2019
Long-term Debt and Capital Lease Obligations [Abstract]
Long-term debt, before deferred financing fees		$ 399,000,000			$ 399,000,000
Interest rate	3.24%	3.24%			3.75%
Line of Credit | Secured Debt | Pan-European accounts receivable facility
Long-term Debt and Capital Lease Obligations [Abstract]
Long-term debt, before deferred financing fees		$ 241,000,000			$ 198,000,000
Interest rate	0.89%	0.89%			0.98%
Line of Credit | Foreign Line of Credit | Chinese credit facilities
Long-term Debt and Capital Lease Obligations [Abstract]
Long-term debt, before deferred financing fees		$ 247,000,000			$ 315,000,000
Less portion due within one year		$ (125,000,000)			$ (146,000,000)
Interest rate	4.81%	4.81%			4.68%
Other Foreign and Domestic Debt
Long-term Debt and Capital Lease Obligations [Abstract]
Long-term debt, before deferred financing fees		$ 1,145,000,000			$ 951,000,000
Less portion due within one year		$ (253,000,000)			$ (290,000,000)
Interest rate	6.08%	6.08%			9.14%

Financing Arrangements and De51

Financing Arrangements and Derivative Financial Instruments - Notes (Details) - Senior Notes - USD ($)	1 Months Ended
	May 31, 2017	Mar. 31, 2017	Sep. 30, 2017	Dec. 31, 2016
4.875% due 2027
Debt Instrument [Line Items]
Debt instrument, face amount		$ 700,000,000	$ 700,000,000
Interest rate, stated percentage		4.875%	4.875%
Notes sold as a percentage of principal amount		100.00%
7% due 2022
Debt Instrument [Line Items]
Debt instrument, face amount	$ 700,000,000
Interest rate, stated percentage	7.00%			7.00%
Redemption premium	$ 25,000,000
Write-off of deferred financing fees	$ 6,000,000

Financing Arrangements and De52

Financing Arrangements and Derivative Financial Instruments - $2.0 Billion Amended and Restated First Lien Revolving Credit Facility due 2021 (Details) - USD ($)	9 Months Ended
	Sep. 30, 2017	Dec. 31, 2016
Line of Credit Facility [Line Items]
Long-term debt, before deferred financing fees	$ 6,118,000,000	$ 5,235,000,000
Line of Credit | $2.0 Billion First Lien Revolving Credit Facility due 2021
Line of Credit Facility [Line Items]
Maximum borrowing capacity	2,000,000,000
Additional borrowing capacity which may be requested	250,000,000
Borrowing base amount below stated amount	266,000,000
Line of Credit | $2.0 Billion First Lien Revolving Credit Facility due 2021 | Letter of Credit
Line of Credit Facility [Line Items]
Maximum borrowing capacity	800,000,000
Letters of credit outstanding	$ 37,000,000	40,000,000
Line of Credit | $2.0 Billion First Lien Revolving Credit Facility due 2021 | Letter of Credit | LIBOR
Line of Credit Facility [Line Items]
Debt instrument, basis spread on variable rate	1.25%
Line of Credit | $2.0 Billion First Lien Revolving Credit Facility due 2021 | Revolving Credit Facility
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 2,000,000,000
Annual commitment fee on undrawn amounts	0.30%
Maximum borrowing base increase based on value of certain cash	$ 200,000,000
Long-term debt, before deferred financing fees	$ 375,000,000	$ 85,000,000

Financing Arrangements and De53

Financing Arrangements and Derivative Financial Instruments - Amended and Restated Second Lien Term Loan Facility due 2019 (Details)	1 Months Ended
	Mar. 31, 2017	Sep. 30, 2017USD ($)	Dec. 31, 2016USD ($)
Line of Credit Facility [Line Items]
Long-term debt, before deferred financing fees		$ 6,118,000,000	$ 5,235,000,000
Line of Credit | $2.0 billion first lien revolving credit facility due 2021
Line of Credit Facility [Line Items]
Maximum borrowing capacity		2,000,000,000
Line of Credit | Secured Debt | Second Lien Term Loan Facility due 2019
Line of Credit Facility [Line Items]
Total leverage ratio required to reduce basis, maximum	1.25
Debt instrument, optional reduction of basis spreads on variable rates	0.25%
Long-term debt, before deferred financing fees		$ 399,000,000	$ 399,000,000
Line of Credit | Secured Debt | Second Lien Term Loan Facility due 2019 | LIBOR
Line of Credit Facility [Line Items]
Debt instrument, basis spread on variable rate	2.00%
Debt instrument, basis spread on reference rate	1.00%
Line of Credit | Secured Debt | Second Lien Term Loan Facility due 2019 | Alternative Base Rate
Line of Credit Facility [Line Items]
Debt instrument, basis spread on variable rate	1.00%
Line of Credit | Secured Debt | Second Lien Term Loan Facility due 2019 | Federal Funds Rate
Line of Credit Facility [Line Items]
Debt instrument, basis spread on reference rate	0.50%

Financing Arrangements and De54

Financing Arrangements and Derivative Financial Instruments - €550 million Amended and Restated Senior Secured European Revolving Credit Facility due 2020 (Details) - Line of Credit - European Revolving Credit Facility	9 Months Ended
	Sep. 30, 2017EUR (€)	Sep. 30, 2017USD ($)	Dec. 31, 2016USD ($)
Revolving Credit Facility
Line of Credit Facility [Line Items]
Maximum borrowing capacity	€ 550,000,000
Annual commitment fee on undrawn amounts	0.30%
Amount outstanding | $			$ 0
Revolving Credit Facility | LIBOR
Line of Credit Facility [Line Items]
Debt instrument, basis spread on variable rate	1.75%
Revolving Credit Facility | EURIBOR
Line of Credit Facility [Line Items]
Debt instrument, basis spread on variable rate	1.75%
German Tranche
Line of Credit Facility [Line Items]
Maximum borrowing capacity	€ 125,000,000
Amount outstanding	125,000,000	$ 148,000,000
All-borrower Tranche
Line of Credit Facility [Line Items]
Maximum borrowing capacity	425,000,000
Amount outstanding	205,000,000	242,000,000
Swingline Loan
Line of Credit Facility [Line Items]
Maximum borrowing capacity	150,000,000
Letter of Credit
Line of Credit Facility [Line Items]
Maximum borrowing capacity	€ 50,000,000
Letters of credit outstanding | $		$ 0	$ 0

Financing Arrangements and De55

Financing Arrangements and Derivative Financial Instruments - Accounts Receivable Securitization Facilities (Details) - Line of Credit - Secured Debt $ in Millions	Oct. 16, 2017EUR (€)	Oct. 15, 2017EUR (€)	Sep. 30, 2017EUR (€)	Sep. 30, 2017USD ($)	Sep. 30, 2017AUD	Dec. 31, 2016EUR (€)	Dec. 31, 2016USD ($)	Dec. 31, 2016AUD
Pan-European Accounts Receivable Facility
Line of Credit Facility [Line Items]
Current borrowing capacity			€ 204,000,000	$ 241		€ 188,000,000	$ 198
Australia Accounts Receivable Securitization Facility
Line of Credit Facility [Line Items]
Maximum borrowing capacity | AUD					AUD 60,000,000
Current borrowing capacity				31	39,000,000		28	AUD 39,000,000
Amount outstanding				$ 29	37,000,000		$ 12	AUD 16,000,000
Minimum | Pan-European Accounts Receivable Facility
Line of Credit Facility [Line Items]
Maximum borrowing capacity | €			45,000,000
Minimum | Australia Accounts Receivable Securitization Facility
Line of Credit Facility [Line Items]
Maximum borrowing capacity | AUD					60,000,000
Maximum | Pan-European Accounts Receivable Facility
Line of Credit Facility [Line Items]
Maximum borrowing capacity | €			€ 450,000,000
Maximum | Australia Accounts Receivable Securitization Facility
Line of Credit Facility [Line Items]
Maximum borrowing capacity | AUD					AUD 85,000,000
Subsequent Event | Pan-European Accounts Receivable Facility
Line of Credit Facility [Line Items]
Maximum borrowing capacity | €	€ 275,000,000	€ 320,000,000

Financing Arrangements and De56

Financing Arrangements and Derivative Financial Instruments - Accounts Receivable Factoring Facilities (Details) - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Accounts Receivable Factoring Facilities | Secured Debt
Line of Credit Facility [Line Items]
Off-balance sheet receivables sold	$ 495	$ 502

Financing Arrangements and De57

Financing Arrangements and Derivative Financial Instruments - Other Foreign Credit Facilities (Details) - Chinese Credit Facilities - Secured Debt - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Line of Credit Facility [Line Items]
Unused availability	$ 218
Amount outstanding	247	$ 315
Restricted cash related to funds obtained under credit facilities	$ 14	$ 8

Financing Arrangements and De58

Financing Arrangements and Derivative Financial Instruments - Fair Values for Foreign Currency Contracts (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Not Designated as Hedging Instrument
Derivative Instruments and Hedging Activities Disclosures
Foreign currency derivatives, notional amount	$ 1,121		$ 1,121		$ 1,812
Foreign currency derivatives, net transaction gains (losses)	(10)	$ (15)	(55)	$ (33)
Designated as Hedging Instrument
Derivative Instruments and Hedging Activities Disclosures
Foreign currency derivatives, notional amount	261		261		293
Accounts receivable
Derivative Instruments and Hedging Activities Disclosures
Fair value - asset, not designated as hedging instruments	6		6		30
Fair value - asset, designated as hedging instruments	0		0		9
Other current liabilities
Derivative Instruments and Hedging Activities Disclosures
Fair value - liability, not designated as hedging instruments	(8)		(8)		(18)
Fair value - liability, designated as hedging instruments	(10)		(10)		0
Other assets
Derivative Instruments and Hedging Activities Disclosures
Fair value - asset, designated as hedging instruments	0		0		2
Other long term liabilities
Derivative Instruments and Hedging Activities Disclosures
Fair value - liability, designated as hedging instruments	$ (2)		$ (2)		$ 0

Financing Arrangements and De59

Financing Arrangements and Derivative Financial Instruments - Classification of Changes in Fair Values of Foreign Currency Contracts (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Financing Arrangements and Derivative Financial Instruments [Abstract]
Amounts deferred to Accumulated Other Comprehensive Loss (AOCL)	$ 7	$ 1	$ 28	$ 1
Amount of deferred (gain) loss reclassified from AOCL into CGS	1	0	(3)	(6)
Amounts excluded from effectiveness testing	$ (1)	$ (1)	(2)	$ (1)
Estimated deferred gains expected to be reclassified to earnings within the next twelve months			$ 14

Fair Value Measurements - Infor

Fair Value Measurements - Information about Assets and Liabilities Recorded at Fair Value (Details) - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Assets:
Investments	$ 10	$ 9
Foreign Exchange Contracts	6	41
Total Assets at Fair Value	16	50
Liabilities:
Foreign Exchange Contracts	20	18
Total Liabilities at Fair Value	20	18
Quoted Prices in Active Markets for Identical Assets/Liabilities (Level 1)
Assets:
Investments	10	9
Foreign Exchange Contracts	0	0
Total Assets at Fair Value	10	9
Liabilities:
Foreign Exchange Contracts	0	0
Total Liabilities at Fair Value	0	0
Significant Other Observable Inputs (Level 2)
Assets:
Investments	0	0
Foreign Exchange Contracts	6	41
Total Assets at Fair Value	6	41
Liabilities:
Foreign Exchange Contracts	20	18
Total Liabilities at Fair Value	20	18
Significant Unobservable Inputs (Level 3)
Assets:
Investments	0	0
Foreign Exchange Contracts	0	0
Total Assets at Fair Value	0	0
Liabilities:
Foreign Exchange Contracts	0	0
Total Liabilities at Fair Value	$ 0	$ 0

Fair Value Measurements - Fair

Fair Value Measurements - Fair Value of Long-Term Fixed Rate and Variable Rate Debt Excluding Capital Leases (Details) - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying amount — liability	$ 6,075	$ 5,193
Fixed Rate Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying amount — liability	3,580	3,514
Fair value — liability	3,779	3,669
Variable Rate Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying amount — liability	2,495	1,679
Fair value — liability	$ 2,477	$ 1,678

Fair Value Measurements - Narra

Fair Value Measurements - Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Quoted Prices in Active Markets for Identical Assets/Liabilities (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of long term debt	$ 3,883	$ 3,804

Pension, Savings and Other Po63

Pension, Savings and Other Postretirement Benefit Plans - Defined Benefit Pension Cost (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
U.S.
Defined Benefit Plan, Net Periodic Benefit Cost
Service cost	$ 1	$ 1	$ 3	$ 3
Interest cost	39	41	120	123
Expected return on plan assets	(60)	(64)	(181)	(191)
Amortization of net losses	27	28	83	82
Net periodic pension cost	7	6	25	17
Net curtailments and settlements	24	0	25	0
Total defined benefit pension cost	31	6	50	17
Non-U.S.
Defined Benefit Plan, Net Periodic Benefit Cost
Service cost	8	7	23	22
Interest cost	18	20	53	61
Expected return on plan assets	(20)	(21)	(59)	(67)
Amortization of net losses	8	7	24	21
Net periodic pension cost	14	13	41	37
Net curtailments and settlements	2	0	2	13
Total defined benefit pension cost	$ 16	$ 13	$ 43	$ 50

Pension, Savings and Other Po64

Pension, Savings and Other Postretirement Benefit Plans - Narrative (Details) - USD ($) $ in Millions	3 Months Ended			9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Jun. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Defined Benefit Plan Disclosure [Line Items]
Defined contribution savings plan, contribution expense recognized	$ 28	$ 30		$ 86	$ 93
Postretirement benefits credit	2	4		5	17
U.S.
Defined Benefit Plan Disclosure [Line Items]
Settlement charge	24
Net curtailments and settlements	24	0		25	0
Non-U.S.
Defined Benefit Plan Disclosure [Line Items]
Net curtailments and settlements	2	$ 0		2	$ 13
Contributions to pension plans	14			41
Non-U.S. | Minimum
Defined Benefit Plan Disclosure [Line Items]
Expected contribution to funded pension plans in current year	50			50
Non-U.S. | Maximum
Defined Benefit Plan Disclosure [Line Items]
Expected contribution to funded pension plans in current year	75			75
U.K.
Defined Benefit Plan Disclosure [Line Items]
Settlement charge			$ 14
Settlement of benefit obligation			$ 41
Plans Initiated in Prior Years
Defined Benefit Plan Disclosure [Line Items]
Net curtailments and settlements	$ 13			$ 14

Stock Compensation Plans - Narr

Stock Compensation Plans - Narrative (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 5	$ 7	$ 17	$ 18
Unearned compensation cost related to the unvested portion of all stock-based awards	$ 29		$ 29
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted (shares)			0.7
Weighted average exercise price (dollars per share)			$ 35.26
Weighted average fair value, stock option grants (dollars per share)			$ 12.08
Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity instruments granted (shares)			0.1
Weighted average fair value per share granted (dollars per share)			$ 35.05
Performance Share Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity instruments granted (shares)			0.2
Weighted average fair value per share granted (dollars per share)			$ 36.78

Stock Compensation Plans - Fair

Stock Compensation Plans - Fair Value Assumptions (Details)	9 Months Ended
	Sep. 30, 2017
Black-Scholes Model Fair Value Assumptions
Expected term	7 years 2 months 12 days
Interest rate	2.13%
Volatility	33.63%
Dividend yield	1.13%

Commitments and Contingent Li67

Commitments and Contingent Liabilities - Narrative (Details) € in Millions, $ in Millions	9 Months Ended
	Sep. 30, 2017EUR (€)employee	Sep. 30, 2017USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Loss Contingencies [Line Items]
Environmental matters liability		$ 52	$ 55
Workers' compensation liability		252	248
Off-balance sheet financial guarantees written and other commitments		39	40
Workers' Compensation
Loss Contingencies [Line Items]
Potential workers' compensation liability in excess of recorded amount		30
Amiens Labor Claims
Loss Contingencies [Line Items]
Wrongful termination or other claims against company	€ 119	140
Amiens Labor Claims | Amiens Restructuring
Loss Contingencies [Line Items]
Loss contingency, number of plaintiffs | employee	850
Insurance Claims
Loss Contingencies [Line Items]
Guarantor obligations, maximum exposure		38		$ 46
Other Current Liabilities
Loss Contingencies [Line Items]
Environmental matters liability, current		18	21
Compensation and Benefits
Loss Contingencies [Line Items]
Workers' compensation liability, current		$ 46	$ 48

Commitments and Contingent Li68

Commitments and Contingent Liabilities - Summary of Asbestos Claims Activity (Details) - Asbestos Related Product Liability $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2017USD ($)claim	Dec. 31, 2016USD ($)claim
Number of claims filed
Pending claims, beginning of period	64,400	67,400
New claims filed	1,500	1,900
Claims settled/dismissed	(4,700)	(4,900)
Pending claims, end of period	61,200	64,400
Payments | $	$ 6	$ 20

Commitments and Contingent Li69

Commitments and Contingent Liabilities - General and Product Liability and Other Litigation (Details) $ in Millions	9 Months Ended
	Sep. 30, 2017USD ($)claim	Dec. 31, 2016USD ($)
Loss Contingencies [Line Items]
Asbestos claim related losses, period covered by liability	10 years
General Product Liability
Loss Contingencies [Line Items]
Potential product liability or claim, including related legal fees	$ 333	$ 316
Asbestos Related Product Liability
Loss Contingencies [Line Items]
Potential product liability or claim, including related legal fees	$ 177	171
Number of asbestos claims settled and dismissed, to date | claim	127,400
Sum of accrued asbestos-related liability and gross payments to date, including legal costs	$ 529	517
Loss contingency, related receivable	$ 121	123
Percentage of recoverable asbestos claim losses	70.00%
Loss contingency, related receivable, current	$ 12	12
Aggregate limits of excess insurance policies		430
Other Current Liabilities | General Product Liability
Loss Contingencies [Line Items]
Potential product liability or claim, including related legal fees	59	$ 49
Other assets
Loss Contingencies [Line Items]
Indemnification asset	27
SRI | Accounts Receivable
Loss Contingencies [Line Items]
Indemnification asset	$ 5

Capital Stock (Details)

Capital Stock (Details) - USD ($)	Oct. 10, 2017	Sep. 01, 2017	Jul. 12, 2017	Dec. 01, 2016	Sep. 07, 2016	Sep. 01, 2016	Jul. 12, 2016	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2017	Dec. 31, 2016	Sep. 30, 2017	Feb. 02, 2017
Class of Stock [Line Items]
Cash dividends declared (dollars per share)			$ 0.10		$ 0.10		$ 0.07	$ 0.10	$ 0.17	$ 0.30	$ 0.31
Dividends paid (dollars per share)		$ 0.10		$ 0.10		$ 0.07							$ 0.31
Cash dividends paid										$ 75,000,000	$ 56,000,000
Payments for repurchase of stock										205,000,000	200,000,000
Scenario, Forecast
Class of Stock [Line Items]
Dividends paid (dollars per share)												$ 0.44
Common Stock
Class of Stock [Line Items]
Cash dividends paid										$ 75,000,000	$ 56,000,000
Stock repurchase program, authorized amount															$ 2,100,000,000
Shares repurchased (shares)								5,592,239		6,435,359				37,649,469
Average price of shares repurchased (dollars per share)								$ 31.29		$ 31.88				$ 29.71
Payments for repurchase of stock								$ 175,000,000		$ 205,000,000				$ 1,118,000,000
Common Stock | Payments for Share Repurchases Related to Employee Stock Based Compensation
Class of Stock [Line Items]
Shares repurchased (shares)										0
Common Stock | Subsequent Event
Class of Stock [Line Items]
Cash dividends declared (dollars per share)	$ 0.14
Cash dividends declared	$ 35,000,000
Increase in cash dividends declared (dollars per share)	$ 0.04

Changes in Shareholders' Equi71

Changes in Shareholders' Equity - Changes in Shareholders' Equity (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016	Dec. 31, 2015
Increase (Decrease) in Stockholders' Equity
Balance at beginning of period			$ 4,725	$ 4,142
Comprehensive income (loss):
Net income	$ 132	$ 320	455	717
Foreign currency translation, net of tax of $44 in 2017 ($17 in 2016)	35	(12)	169	(5)
Amortization of prior service cost and unrecognized gains included in total benefit cost, net of tax of $31 in 2017 ($24 in 2016)	18	17	57	49
(Increase)/Decrease in net actuarial losses, net of tax of ($15) in 2017 ($0 in 2016)	(26)	1	(23)	2
Immediate recognition of prior service cost and unrecognized gains due to curtailments, settlements, and divestitures, net of tax of $9 in 2017 ($0 in 2016)	15	0	15	15
Deferred derivative losses, net of tax of ($9) in 2017 ($0 in 2016)	(5)	(1)	(19)	(1)
Reclassification adjustment for amounts recognized in income, net of tax of ($1) in 2017 (($1) in 2016)	1	0	(2)	(5)
Other Comprehensive Income	38	5	197	55
Total comprehensive income	170	325	652	772
Adoption of new accounting standard					$ 0	$ 56
Dividends declared to minority shareholders			(6)	(11)
Stock-based compensation plans			17	18
Repurchase of common stock			(205)	(200)
Dividends declared			(75)	(82)
Common stock issued from treasury			13	9
Balance at end of period	5,121	4,704	5,121	4,704
Tax on foreign currency translation	25	3	44	17
Tax on amortization of prior service cost and unrecognized gains and losses included in total benefit cost	10	8	31	24
Tax on decrease in net actuarial losses	(16)	0	(15)	0
Tax on immediate recognition of prior service cost and unrecognized gains and losses due to curtailments, settlements, and divestitures	9	0	9	0
Tax on deferred derivative gains (losses)	(2)	0	(9)	0
Tax on deferred derivative losses reclassification adjustment for amounts recognized in income	0	0	(1)	(1)
Goodyear Shareholders’ Equity
Increase (Decrease) in Stockholders' Equity
Balance at beginning of period			4,507	3,920
Comprehensive income (loss):
Net income			442	703
Foreign currency translation, net of tax of $44 in 2017 ($17 in 2016)			155	(7)
Amortization of prior service cost and unrecognized gains included in total benefit cost, net of tax of $31 in 2017 ($24 in 2016)			57	49
(Increase)/Decrease in net actuarial losses, net of tax of ($15) in 2017 ($0 in 2016)			(23)	2
Immediate recognition of prior service cost and unrecognized gains due to curtailments, settlements, and divestitures, net of tax of $9 in 2017 ($0 in 2016)			15	15
Deferred derivative losses, net of tax of ($9) in 2017 ($0 in 2016)			(19)	(1)
Reclassification adjustment for amounts recognized in income, net of tax of ($1) in 2017 (($1) in 2016)			(2)	(5)
Other Comprehensive Income			183	53
Total comprehensive income			625	756
Adoption of new accounting standard					0	56
Dividends declared to minority shareholders			0	0
Stock-based compensation plans			17	18
Repurchase of common stock			(205)	(200)
Dividends declared			(75)	(82)
Common stock issued from treasury			13	9
Balance at end of period	4,882	4,477	4,882	4,477
Tax on immediate recognition of prior service cost and unrecognized gains and losses due to curtailments, settlements, and divestitures			9	0
Minority Shareholders’ Equity – Nonredeemable
Increase (Decrease) in Stockholders' Equity
Balance at beginning of period			218	222
Comprehensive income (loss):
Net income			13	14
Foreign currency translation, net of tax of $44 in 2017 ($17 in 2016)			14	2
Other Comprehensive Income			14	2
Total comprehensive income			27	16
Adoption of new accounting standard					$ 0	$ 0
Dividends declared to minority shareholders			(6)	(11)
Balance at end of period	$ 239	$ 227	$ 239	$ 227

Reclassifications out of Accu72

Reclassifications out of Accumulated Other Comprehensive Loss - Changes in Accumulated Other Comprehensive Loss by Component (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Changes in Accumulated Other Comprehensive Loss [Roll Forward]
Balance at beginning of period			$ 4,725	$ 4,142
Amounts reclassified from accumulated other comprehensive loss	$ 34	$ 17	70	59
Balance at end of period	5,121	4,704	5,121	4,704
Foreign Currency Translation Adjustment
Changes in Accumulated Other Comprehensive Loss [Roll Forward]
Balance at beginning of period			(1,155)	(946)
Other comprehensive income (loss) before reclassifications			155	(7)
Amounts reclassified from accumulated other comprehensive loss			0	0
Balance at end of period	(1,000)	(953)	(1,000)	(953)
Unrecognized Net Actuarial Losses and Prior Service Costs
Changes in Accumulated Other Comprehensive Loss [Roll Forward]
Balance at beginning of period			(3,053)	(3,071)
Other comprehensive income (loss) before reclassifications			(23)	2
Amounts reclassified from accumulated other comprehensive loss	33	17	72	64
Balance at end of period	(3,004)	(3,005)	(3,004)	(3,005)
Deferred Derivative Gains (Losses)
Changes in Accumulated Other Comprehensive Loss [Roll Forward]
Balance at beginning of period			10	7
Other comprehensive income (loss) before reclassifications			(19)	(1)
Amounts reclassified from accumulated other comprehensive loss			(2)	(5)
Balance at end of period	(11)	1	(11)	1
Total
Changes in Accumulated Other Comprehensive Loss [Roll Forward]
Balance at beginning of period			(4,198)	(4,010)
Other comprehensive income (loss) before reclassifications			113	(6)
Amounts reclassified from accumulated other comprehensive loss			70	59
Balance at end of period	$ (4,015)	$ (3,957)	$ (4,015)	$ (3,957)

Reclassifications out of Accu73

Reclassifications out of Accumulated Other Comprehensive Loss - Reclassifications out of AOCL (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Reclassifications out of Accumulated Other Comprehensive Loss [Line Items]
Reclassification, net of tax	$ 34	$ 17	$ 70	$ 59
Cost of Goods Sold	3,069	2,736	8,626	8,250
Tax expense	30	(10)	136	161
Goodyear Net Income	(129)	(317)	(442)	(703)
Unrecognized Net Actuarial Losses and Prior Service Costs, Amortization Attributable to Parent
Reclassifications out of Accumulated Other Comprehensive Loss [Line Items]
Reclassifications, before tax	28	25	88	73
Unrecognized Net Actuarial Losses and Prior Service Costs, Immediate Recognition Attributable to Parent
Reclassifications out of Accumulated Other Comprehensive Loss [Line Items]
Reclassifications, before tax	24	0	24	15
Unrecognized Net Actuarial Losses and Prior Service Costs Attributable to Parent
Reclassifications out of Accumulated Other Comprehensive Loss [Line Items]
Reclassifications, before tax	52	25	112	88
Reclassifications, tax effect	(19)	(8)	(40)	(24)
Reclassification, net of tax	33	17	72	64
Deferred Derivative (Gains) Losses Attributable to Parent
Reclassifications out of Accumulated Other Comprehensive Loss [Line Items]
Reclassification, net of tax			(2)	(5)
Deferred Derivative (Gains) Losses Attributable to Parent | Reclassification Out of Accumulated Other Comprehensive Loss
Reclassifications out of Accumulated Other Comprehensive Loss [Line Items]
Cost of Goods Sold	1	0	(3)	(6)
Tax expense	0	0	1	1
Goodyear Net Income	$ 1	$ 0	$ (2)	$ (5)

Consolidating Financial Infor74

Consolidating Financial Information - Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Mar. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Decrease in total assets	$ (17,852,000,000)		$ (17,852,000,000)			$ (16,511,000,000)
Decrease in total liabilities	(12,731,000,000)		(12,731,000,000)			(11,786,000,000)
Decrease in total shareholders' equity	(5,121,000,000)	$ (4,704,000,000)	(5,121,000,000)	$ (4,704,000,000)		(4,725,000,000)	$ (4,142,000,000)
Net income	129,000,000	317,000,000	442,000,000	703,000,000
Parent Company | Reportable Legal Entities
Debt Instrument [Line Items]
Decrease in total assets	(11,771,000,000)		(11,771,000,000)			(11,477,000,000)
Decrease in total liabilities	(6,889,000,000)		(6,889,000,000)			(6,970,000,000)
Decrease in total shareholders' equity	(4,882,000,000)		(4,882,000,000)			(4,507,000,000)
Net income	129,000,000	317,000,000	442,000,000	703,000,000
Guarantor Subsidiaries | Reportable Legal Entities
Debt Instrument [Line Items]
Decrease in total assets	(1,475,000,000)		(1,475,000,000)			(1,399,000,000)
Decrease in total liabilities	(297,000,000)		(297,000,000)			(268,000,000)
Decrease in total shareholders' equity	(1,178,000,000)		(1,178,000,000)			(1,131,000,000)
Net income	18,000,000	21,000,000	54,000,000	55,000,000
Restatement Adjustment | Parent Company | Reportable Legal Entities
Debt Instrument [Line Items]
Decrease in total assets						113,000,000
Decrease in total liabilities						113,000,000
Restatement Adjustment | Guarantor Subsidiaries | Reportable Legal Entities
Debt Instrument [Line Items]
Decrease in total assets						358,000,000
Decrease in total liabilities						46,000,000
Decrease in total shareholders' equity						$ 312,000,000
Net income		$ 4,000,000		$ 12,000,000
8.75% due 2020 | Senior Notes
Debt Instrument [Line Items]
Debt instrument, face amount	$ 282,000,000		$ 282,000,000
Interest rate, stated percentage	8.75%		8.75%
5.125% due 2023 | Senior Notes
Debt Instrument [Line Items]
Debt instrument, face amount	$ 1,000,000,000		$ 1,000,000,000
Interest rate, stated percentage	5.125%		5.125%
5% due 2026 | Senior Notes
Debt Instrument [Line Items]
Debt instrument, face amount	$ 900,000,000		$ 900,000,000
Interest rate, stated percentage	5.00%		5.00%
4.875% due 2027 | Senior Notes
Debt Instrument [Line Items]
Debt instrument, face amount	$ 700,000,000		$ 700,000,000		$ 700,000,000
Interest rate, stated percentage	4.875%		4.875%		4.875%

Consolidating Financial Infor75

Consolidating Financial Information - Condensed Consolidating Balance Sheet (Details) - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016	Sep. 30, 2016	Dec. 31, 2015
Current Assets:
Cash and Cash Equivalents	$ 822	$ 1,132	$ 975
Accounts Receivable, net	2,672	1,769
Accounts Receivable From Affiliates	0	0
Inventories	2,991	2,627
Prepaid Expenses and Other Current Assets	242	190
Total Current Assets	6,727	5,718
Goodwill	587	535
Intangible Assets	137	136
Deferred Income Taxes	2,356	2,414
Other Assets	714	668
Investments in Subsidiaries	0	0
Property, Plant and Equipment, net	7,331	7,040
Total Assets	17,852	16,511
Current Liabilities:
Accounts Payable — Trade	2,624	2,589
Accounts Payable to Affiliates	0	0
Compensation and Benefits	582	584
Other Current Liabilities	1,062	963
Notes Payable and Overdrafts	276	245
Long Term Debt and Capital Leases due Within One Year (Note 7)	378	436
Total Current Liabilities	4,922	4,817
Long Term Debt and Capital Leases	5,737	4,798
Compensation and Benefits	1,459	1,460
Deferred Income Taxes	91	85
Other Long Term Liabilities	522	626
Total Liabilities	12,731	11,786
Commitments and Contingent Liabilities
Goodyear Shareholders’ Equity:
Common Stock	246	252
Other Equity	4,636	4,255
Goodyear Shareholders’ Equity	4,882	4,507
Minority Shareholders’ Equity — Nonredeemable	239	218
Total Shareholders’ Equity	5,121	4,725	$ 4,704	$ 4,142
Total Liabilities and Shareholders’ Equity	17,852	16,511
Reportable Legal Entities | Parent Company
Current Assets:
Cash and Cash Equivalents	59	188
Accounts Receivable, net	660	589
Accounts Receivable From Affiliates	0	0
Inventories	1,582	1,443
Prepaid Expenses and Other Current Assets	73	57
Total Current Assets	2,374	2,277
Goodwill	24	24
Intangible Assets	117	118
Deferred Income Taxes	1,883	2,010
Other Assets	215	223
Investments in Subsidiaries	4,689	4,344
Property, Plant and Equipment, net	2,469	2,481
Total Assets	11,771	11,477
Current Liabilities:
Accounts Payable — Trade	822	905
Accounts Payable to Affiliates	404	547
Compensation and Benefits	306	365
Other Current Liabilities	342	355
Notes Payable and Overdrafts	30	0
Long Term Debt and Capital Leases due Within One Year (Note 7)	4	6
Total Current Liabilities	1,908	2,178
Long Term Debt and Capital Leases	3,974	3,685
Compensation and Benefits	620	682
Deferred Income Taxes	0	0
Other Long Term Liabilities	387	425
Total Liabilities	6,889	6,970
Commitments and Contingent Liabilities
Goodyear Shareholders’ Equity:
Common Stock	246	252
Other Equity	4,636	4,255
Goodyear Shareholders’ Equity	4,882	4,507
Minority Shareholders’ Equity — Nonredeemable	0	0
Total Shareholders’ Equity	4,882	4,507
Total Liabilities and Shareholders’ Equity	11,771	11,477
Reportable Legal Entities | Guarantor Subsidiaries
Current Assets:
Cash and Cash Equivalents	36	55
Accounts Receivable, net	153	106
Accounts Receivable From Affiliates	144	277
Inventories	52	25
Prepaid Expenses and Other Current Assets	2	3
Total Current Assets	387	466
Goodwill	1	0
Intangible Assets	0	0
Deferred Income Taxes	39	31
Other Assets	53	53
Investments in Subsidiaries	592	541
Property, Plant and Equipment, net	403	308
Total Assets	1,475	1,399
Current Liabilities:
Accounts Payable — Trade	104	142
Accounts Payable to Affiliates	0	0
Compensation and Benefits	16	15
Other Current Liabilities	9	0
Notes Payable and Overdrafts	0	0
Long Term Debt and Capital Leases due Within One Year (Note 7)	0	0
Total Current Liabilities	129	157
Long Term Debt and Capital Leases	52	0
Compensation and Benefits	104	98
Deferred Income Taxes	1	1
Other Long Term Liabilities	11	12
Total Liabilities	297	268
Commitments and Contingent Liabilities
Goodyear Shareholders’ Equity:
Common Stock	0	0
Other Equity	1,178	1,131
Goodyear Shareholders’ Equity	1,178	1,131
Minority Shareholders’ Equity — Nonredeemable	0	0
Total Shareholders’ Equity	1,178	1,131
Total Liabilities and Shareholders’ Equity	1,475	1,399
Reportable Legal Entities | Non-Guarantor Subsidiaries
Current Assets:
Cash and Cash Equivalents	727	889
Accounts Receivable, net	1,859	1,074
Accounts Receivable From Affiliates	260	270
Inventories	1,401	1,178
Prepaid Expenses and Other Current Assets	165	130
Total Current Assets	4,412	3,541
Goodwill	435	391
Intangible Assets	20	18
Deferred Income Taxes	434	373
Other Assets	443	387
Investments in Subsidiaries	0	0
Property, Plant and Equipment, net	4,486	4,279
Total Assets	10,230	8,989
Current Liabilities:
Accounts Payable — Trade	1,698	1,542
Accounts Payable to Affiliates	0	0
Compensation and Benefits	260	204
Other Current Liabilities	711	611
Notes Payable and Overdrafts	246	245
Long Term Debt and Capital Leases due Within One Year (Note 7)	374	430
Total Current Liabilities	3,289	3,032
Long Term Debt and Capital Leases	1,711	1,113
Compensation and Benefits	735	680
Deferred Income Taxes	90	84
Other Long Term Liabilities	124	188
Total Liabilities	5,949	5,097
Commitments and Contingent Liabilities
Goodyear Shareholders’ Equity:
Common Stock	0	0
Other Equity	4,042	3,674
Goodyear Shareholders’ Equity	4,042	3,674
Minority Shareholders’ Equity — Nonredeemable	239	218
Total Shareholders’ Equity	4,281	3,892
Total Liabilities and Shareholders’ Equity	10,230	8,989
Consolidating Entries and Eliminations
Current Assets:
Cash and Cash Equivalents	0	0
Accounts Receivable, net	0	0
Accounts Receivable From Affiliates	(404)	(547)
Inventories	(44)	(19)
Prepaid Expenses and Other Current Assets	2	0
Total Current Assets	(446)	(566)
Goodwill	127	120
Intangible Assets	0	0
Deferred Income Taxes	0	0
Other Assets	3	5
Investments in Subsidiaries	(5,281)	(4,885)
Property, Plant and Equipment, net	(27)	(28)
Total Assets	(5,624)	(5,354)
Current Liabilities:
Accounts Payable — Trade	0	0
Accounts Payable to Affiliates	(404)	(547)
Compensation and Benefits	0	0
Other Current Liabilities	0	(3)
Notes Payable and Overdrafts	0	0
Long Term Debt and Capital Leases due Within One Year (Note 7)	0	0
Total Current Liabilities	(404)	(550)
Long Term Debt and Capital Leases	0	0
Compensation and Benefits	0	0
Deferred Income Taxes	0	0
Other Long Term Liabilities	0	1
Total Liabilities	(404)	(549)
Commitments and Contingent Liabilities
Goodyear Shareholders’ Equity:
Common Stock	0	0
Other Equity	(5,220)	(4,805)
Goodyear Shareholders’ Equity	(5,220)	(4,805)
Minority Shareholders’ Equity — Nonredeemable	0	0
Total Shareholders’ Equity	(5,220)	(4,805)
Total Liabilities and Shareholders’ Equity	$ (5,624)	$ (5,354)

Consolidating Financial Infor76

Consolidating Financial Information - Consolidating Statements of Operations (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Consolidating Statements of Operations
Net Sales	$ 3,921	$ 3,847	$ 11,306	$ 11,417
Cost of Goods Sold	3,069	2,736	8,626	8,250
Selling, Administrative and General Expense	556	599	1,718	1,807
Rationalizations	46	135	102	194
Interest Expense	84	90	260	285
Other (Income) Expense	4	(23)	9	3
Income before Income Taxes	162	310	591	878
United States and Foreign Taxes	30	(10)	136	161
Equity in Earnings of Subsidiaries	0	0	0	0
Net Income (Loss)	132	320	455	717
Less: Minority Shareholders’ Net Income	3	3	13	14
Goodyear Net Income	129	317	442	703
Comprehensive Income (Loss)	170	325	652	772
Less: Comprehensive Income Attributable to Minority Shareholders	4	3	27	16
Goodyear Comprehensive Income	166	322	625	756
Reportable Legal Entities | Parent Company
Consolidating Statements of Operations
Net Sales	1,790	1,888	5,420	5,564
Cost of Goods Sold	1,402	1,394	4,244	4,131
Selling, Administrative and General Expense	233	268	740	799
Rationalizations	20	7	22	12
Interest Expense	62	64	196	210
Other (Income) Expense	(54)	(24)	(73)	(29)
Income before Income Taxes	127	179	291	441
United States and Foreign Taxes	9	(55)	69	50
Equity in Earnings of Subsidiaries	11	83	220	312
Net Income (Loss)	129	317	442	703
Less: Minority Shareholders’ Net Income	0	0	0	0
Goodyear Net Income	129	317	442	703
Comprehensive Income (Loss)	166	322	625	756
Less: Comprehensive Income Attributable to Minority Shareholders	0	0	0	0
Goodyear Comprehensive Income	166	322	625	756
Reportable Legal Entities | Guarantor Subsidiaries
Consolidating Statements of Operations
Net Sales	294	323	883	988
Cost of Goods Sold	264	298	824	922
Selling, Administrative and General Expense	10	9	29	30
Rationalizations	0	0	0	0
Interest Expense	2	2	6	9
Other (Income) Expense	(9)	0	(8)	1
Income before Income Taxes	27	14	32	26
United States and Foreign Taxes	6	3	6	2
Equity in Earnings of Subsidiaries	(3)	10	28	31
Net Income (Loss)	18	21	54	55
Less: Minority Shareholders’ Net Income	0	0	0	0
Goodyear Net Income	18	21	54	55
Comprehensive Income (Loss)	16	21	57	35
Less: Comprehensive Income Attributable to Minority Shareholders	0	0	0	0
Goodyear Comprehensive Income	16	21	57	35
Reportable Legal Entities | Non-Guarantor Subsidiaries
Consolidating Statements of Operations
Net Sales	2,448	2,319	7,066	6,922
Cost of Goods Sold	2,024	1,737	5,662	5,311
Selling, Administrative and General Expense	313	322	949	979
Rationalizations	26	128	80	182
Interest Expense	34	24	96	77
Other (Income) Expense	4	(7)	(19)	(17)
Income before Income Taxes	47	115	298	390
United States and Foreign Taxes	12	41	61	104
Equity in Earnings of Subsidiaries	0	0	0	0
Net Income (Loss)	35	74	237	286
Less: Minority Shareholders’ Net Income	3	3	13	14
Goodyear Net Income	32	71	224	272
Comprehensive Income (Loss)	86	70	426	311
Less: Comprehensive Income Attributable to Minority Shareholders	4	3	27	16
Goodyear Comprehensive Income	82	67	399	295
Consolidating Entries and Eliminations
Consolidating Statements of Operations
Net Sales	(611)	(683)	(2,063)	(2,057)
Cost of Goods Sold	(621)	(693)	(2,104)	(2,114)
Selling, Administrative and General Expense	0	0	0	(1)
Rationalizations	0	0	0	0
Interest Expense	(14)	0	(38)	(11)
Other (Income) Expense	63	8	109	48
Income before Income Taxes	(39)	2	(30)	21
United States and Foreign Taxes	3	1	0	5
Equity in Earnings of Subsidiaries	(8)	(93)	(248)	(343)
Net Income (Loss)	(50)	(92)	(278)	(327)
Less: Minority Shareholders’ Net Income	0	0	0	0
Goodyear Net Income	(50)	(92)	(278)	(327)
Comprehensive Income (Loss)	(98)	(88)	(456)	(330)
Less: Comprehensive Income Attributable to Minority Shareholders	0	0	0	0
Goodyear Comprehensive Income	$ (98)	$ (88)	$ (456)	$ (330)

Consolidating Financial Infor77

Consolidating Financial Information - Condensed Consolidating Statement of Cash Flows (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Cash Flows from Operating Activities:
Total Cash Flows from Operating Activities	$ (154)	$ 290
Cash Flows from Investing Activities:
Capital Expenditures	(683)	(711)
Asset Dispositions	9	13
Short Term Securities Acquired	(51)	(46)
Short Term Securities Redeemed	51	34
Capital Contributions and Loans Incurred	0	0
Capital Redemptions and Loans Paid	0	0
Other Transactions	(1)	2
Total Cash Flows from Investing Activities	(675)	(708)
Cash Flows from Financing Activities:
Short Term Debt and Overdrafts Incurred	544	219
Short Term Debt and Overdrafts Paid	(523)	(99)
Long Term Debt Incurred	4,972	4,129
Long Term Debt Paid	(4,193)	(4,025)
Common Stock Issued	12	9
Common Stock Repurchased	(205)	(200)
Common Stock Dividends Paid	(75)	(56)
Capital Contributions and Loans Incurred	0	0
Capital Redemptions and Loans Paid	0	0
Intercompany Dividends Paid	0	0
Transactions with Minority Interests in Subsidiaries	(6)	(9)
Debt Related Costs and Other Transactions	(69)	(77)
Total Cash Flows from Financing Activities	457	(109)
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash	51	25
Net Change in Cash, Cash Equivalents and Restricted Cash	(321)	(502)
Cash, Cash Equivalents and Restricted Cash at Beginning of the Period	1,189	1,502
Cash, Cash Equivalents and Restricted Cash at End of the Period	868	1,000
Reportable Legal Entities | Parent Company
Cash Flows from Operating Activities:
Total Cash Flows from Operating Activities	179	31
Cash Flows from Investing Activities:
Capital Expenditures	(247)	(271)
Asset Dispositions	1	11
Short Term Securities Acquired	0	0
Short Term Securities Redeemed	0	0
Capital Contributions and Loans Incurred	(75)	(165)
Capital Redemptions and Loans Paid	21	48
Other Transactions	0	0
Total Cash Flows from Investing Activities	(300)	(377)
Cash Flows from Financing Activities:
Short Term Debt and Overdrafts Incurred	175	0
Short Term Debt and Overdrafts Paid	(145)	0
Long Term Debt Incurred	2,597	2,339
Long Term Debt Paid	(2,310)	(2,034)
Common Stock Issued	12	9
Common Stock Repurchased	(205)	(200)
Common Stock Dividends Paid	(75)	(56)
Capital Contributions and Loans Incurred	41	248
Capital Redemptions and Loans Paid	(61)	(148)
Intercompany Dividends Paid	0	0
Transactions with Minority Interests in Subsidiaries	0	0
Debt Related Costs and Other Transactions	(38)	(66)
Total Cash Flows from Financing Activities	(9)	92
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash	0	0
Net Change in Cash, Cash Equivalents and Restricted Cash	(130)	(254)
Cash, Cash Equivalents and Restricted Cash at Beginning of the Period	210	361
Cash, Cash Equivalents and Restricted Cash at End of the Period	80	107
Reportable Legal Entities | Guarantor Subsidiaries
Cash Flows from Operating Activities:
Total Cash Flows from Operating Activities	0	26
Cash Flows from Investing Activities:
Capital Expenditures	(115)	(69)
Asset Dispositions	0	0
Short Term Securities Acquired	0	0
Short Term Securities Redeemed	0	0
Capital Contributions and Loans Incurred	0	0
Capital Redemptions and Loans Paid	0	0
Other Transactions	0	0
Total Cash Flows from Investing Activities	(115)	(69)
Cash Flows from Financing Activities:
Short Term Debt and Overdrafts Incurred	0	0
Short Term Debt and Overdrafts Paid	0	0
Long Term Debt Incurred	52	0
Long Term Debt Paid	0	0
Common Stock Issued	0	0
Common Stock Repurchased	0	0
Common Stock Dividends Paid	0	0
Capital Contributions and Loans Incurred	62	59
Capital Redemptions and Loans Paid	(21)	(25)
Intercompany Dividends Paid	0	0
Transactions with Minority Interests in Subsidiaries	0	0
Debt Related Costs and Other Transactions	0	0
Total Cash Flows from Financing Activities	93	34
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash	3	1
Net Change in Cash, Cash Equivalents and Restricted Cash	(19)	(8)
Cash, Cash Equivalents and Restricted Cash at Beginning of the Period	55	67
Cash, Cash Equivalents and Restricted Cash at End of the Period	36	59
Reportable Legal Entities | Non-Guarantor Subsidiaries
Cash Flows from Operating Activities:
Total Cash Flows from Operating Activities	(303)	261
Cash Flows from Investing Activities:
Capital Expenditures	(323)	(375)
Asset Dispositions	8	2
Short Term Securities Acquired	(51)	(46)
Short Term Securities Redeemed	51	34
Capital Contributions and Loans Incurred	(41)	(248)
Capital Redemptions and Loans Paid	61	148
Other Transactions	(1)	2
Total Cash Flows from Investing Activities	(296)	(483)
Cash Flows from Financing Activities:
Short Term Debt and Overdrafts Incurred	369	219
Short Term Debt and Overdrafts Paid	(378)	(99)
Long Term Debt Incurred	2,323	1,790
Long Term Debt Paid	(1,883)	(1,991)
Common Stock Issued	0	0
Common Stock Repurchased	0	0
Common Stock Dividends Paid	0	0
Capital Contributions and Loans Incurred	13	106
Capital Redemptions and Loans Paid	0	(23)
Intercompany Dividends Paid	(28)	(24)
Transactions with Minority Interests in Subsidiaries	(6)	(9)
Debt Related Costs and Other Transactions	(31)	(11)
Total Cash Flows from Financing Activities	379	(42)
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash	48	24
Net Change in Cash, Cash Equivalents and Restricted Cash	(172)	(240)
Cash, Cash Equivalents and Restricted Cash at Beginning of the Period	924	1,074
Cash, Cash Equivalents and Restricted Cash at End of the Period	752	834
Consolidating Entries and Eliminations
Cash Flows from Operating Activities:
Total Cash Flows from Operating Activities	(30)	(28)
Cash Flows from Investing Activities:
Capital Expenditures	2	4
Asset Dispositions	0	0
Short Term Securities Acquired	0	0
Short Term Securities Redeemed	0	0
Capital Contributions and Loans Incurred	116	413
Capital Redemptions and Loans Paid	(82)	(196)
Other Transactions	0	0
Total Cash Flows from Investing Activities	36	221
Cash Flows from Financing Activities:
Short Term Debt and Overdrafts Incurred	0	0
Short Term Debt and Overdrafts Paid	0	0
Long Term Debt Incurred	0	0
Long Term Debt Paid	0	0
Common Stock Issued	0	0
Common Stock Repurchased	0	0
Common Stock Dividends Paid	0	0
Capital Contributions and Loans Incurred	(116)	(413)
Capital Redemptions and Loans Paid	82	196
Intercompany Dividends Paid	28	24
Transactions with Minority Interests in Subsidiaries	0	0
Debt Related Costs and Other Transactions	0	0
Total Cash Flows from Financing Activities	(6)	(193)
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash	0	0
Net Change in Cash, Cash Equivalents and Restricted Cash	0	0
Cash, Cash Equivalents and Restricted Cash at Beginning of the Period	0	0
Cash, Cash Equivalents and Restricted Cash at End of the Period	$ 0	$ 0