The Goodyear Tire & Rubber Company (GT) 10-Q 27 Jul 18 2018 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information	6 Months Ended
	Jun. 30, 2018shares
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	Jun. 30, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Common Stock, Shares Outstanding	237,015,745

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Income Statement [Abstract]
Net Sales (Note 2)	$ 3,841	$ 3,686	$ 7,671	$ 7,385
Cost of Goods Sold	2,949	2,785	5,925	5,545
Selling, Administrative and General Expense	588	579	1,179	1,155
Rationalizations (Note 3)	(2)	27	35	56
Interest Expense	78	89	154	176
Other (Income) Expense (Note 4)	45	16	82	24
Income before Income Taxes	183	190	296	429
United States and Foreign Tax Expense (Note 5)	19	36	52	106
Net Income (Loss)	164	154	244	323
Less: Minority Shareholders’ Net Income	7	7	12	10
Goodyear Net Income	$ 157	$ 147	$ 232	$ 313
Goodyear Net Income — Per Share of Common Stock
Basic (dollars per share)	$ 0.66	$ 0.58	$ 0.97	$ 1.24
Weighted Average Shares Outstanding - Basic (Note 6) (shares)	239	252	240	252
Diluted (dollars per share)	$ 0.65	$ 0.58	$ 0.96	$ 1.23
Weighted Average Shares Outstanding - Diluted (Note 6) (shares)	241	256	242	256
Cash Dividends Declared Per Common Share (Note 13) (dollars per share)	$ 0.14	$ 0.10	$ 0.28	$ 0.2

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Statement of Comprehensive Income [Abstract]
Net Income	$ 164	$ 154	$ 244	$ 323
Other Comprehensive Income (Loss):
Foreign currency translation, net of tax of ($6) and ($8) in 2018 ($16 and $19 in 2017)	(231)	50	(149)	134
Defined benefit plans:
Amortization of prior service cost and unrecognized gains and losses included in total benefit cost, net of tax of $8 and $16 in 2018 ($11 and $21 in 2017)	26	19	53	39
(Increase)/Decrease in net actuarial losses, net of tax of $5 and $6 in 2018 ($0 and $1 in 2017)	16	(1)	19	3
Immediate recognition of prior service cost and unrecognized gains and losses due to curtailments, settlements, and divestitures, net of tax of $2 and $2 in 2018 ($0 and $0 in 2017)	4	0	4	0
Deferred derivative gains (losses), net of tax of $4 and $2 in 2018 (($5) and ($7) in 2017)	10	(8)	6	(14)
Reclassification adjustment for amounts recognized in income, net of tax of $1 and $2 in 2018 ($0 and ($1) in 2017)	2	(2)	5	(3)
Other Comprehensive Income (Loss)	(173)	58	(62)	159
Comprehensive Income (Loss)	(9)	212	182	482
Less: Comprehensive Income (Loss) Attributable to Minority Shareholders	(11)	14	(4)	23
Goodyear Comprehensive Income	$ 2	$ 198	$ 186	$ 459

Consolidated Statements of Com4

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Other Comprehensive Income (Loss):
Foreign currency translation, tax	$ (6)	$ 16	$ (8)	$ 19
Defined benefit plans:
Amortization of prior service cost and unrecognized gains and (losses) included in total benefit cost, tax	8	11	16	21
(Increase)/Decrease in net actuarial losses, tax	5	0	6	1
Immediate recognition of prior service cost and unrecognized gains and losses due to curtailments, settlements, and divestitures, tax	2	0	2	0
Deferred derivative gains (losses), tax	4	(5)	2	(7)
Reclassification adjustment for amounts recognized in income, tax	$ 1	$ 0	$ 2	$ (1)

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Current Assets:
Cash and Cash Equivalents	$ 975	$ 1,043
Accounts Receivable, less Allowance — $108 ($116 in 2017)	2,388	2,025
Inventories:
Raw Materials	530	466
Work in Process	160	142
Finished Products	2,251	2,179
Total Inventory	2,941	2,787
Prepaid Expenses and Other Current Assets	265	224
Total Current Assets	6,569	6,079
Goodwill	576	595
Intangible Assets	138	139
Deferred Income Taxes (Note 5)	2,035	2,008
Other Assets	804	792
Property, Plant and Equipment, less Accumulated Depreciation — $10,110 ($10,078 in 2017)	7,233	7,451
Total Assets	17,355	17,064
Current Liabilities:
Accounts Payable — Trade	2,880	2,807
Compensation and Benefits (Notes 10 and 11)	511	539
Other Current Liabilities	821	1,026
Notes Payable and Overdrafts (Note 8)	335	262
Long Term Debt and Capital Leases due Within One Year (Note 8)	286	391
Total Current Liabilities	4,833	5,025
Long Term Debt and Capital Leases (Note 8)	5,726	5,076
Compensation and Benefits (Notes 10 and 11)	1,369	1,515
Deferred Income Taxes (Note 5)	99	100
Other Long Term Liabilities	484	498
Total Liabilities	12,511	12,214
Commitments and Contingent Liabilities (Note 12)
Common Stock, no par value:
Authorized, 450 million shares, Outstanding shares — 237 and 240 million in 2018 and 2017 after deducting 41 and 38 million treasury shares in 2018 and 2017	237	240
Capital Surplus	2,214	2,295
Retained Earnings	6,208	6,044
Accumulated Other Comprehensive Loss	(4,022)	(3,976)
Goodyear Shareholders’ Equity	4,637	4,603
Minority Shareholders’ Equity — Nonredeemable	207	247
Total Shareholders’ Equity	4,844	4,850
Total Liabilities and Shareholders’ Equity	$ 17,355	$ 17,064

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Current Assets:
Allowance for Accounts Receivable	$ 108	$ 116
Accumulated Depreciation	$ 10,110	$ 10,078
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)	237,000,000	240,000,000
Treasury shares (shares)	41,000,000	38,000,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Cash Flows from Operating Activities:
Net Income	$ 244	$ 323
Adjustments to Reconcile Net Income to Cash Flows from Operating Activities:
Depreciation and Amortization	392	387
Amortization and Write-Off of Debt Issuance Costs	8	14
Provision for Deferred Income Taxes	(55)	45
Net Pension Curtailments and Settlements	3	1
Net Rationalization Charges (Note 3)	35	56
Rationalization Payments	(131)	(54)
Net (Gains) Losses on Asset Sales (Note 4)	0	(13)
Pension Contributions and Direct Payments	(42)	(45)
Changes in Operating Assets and Liabilities, Net of Asset Acquisitions and Dispositions:
Accounts Receivable	(475)	(470)
Inventories	(222)	(482)
Accounts Payable — Trade	253	190
Compensation and Benefits	(30)	(67)
Other Current Liabilities	(100)	27
Other Assets and Liabilities	36	(97)
Total Cash Flows from Operating Activities	(84)	(185)
Cash Flows from Investing Activities:
Capital Expenditures	(442)	(497)
Asset Dispositions (Note 4)	2	2
Short Term Securities Acquired	(30)	(43)
Short Term Securities Redeemed	38	43
Other Transactions	(38)	(3)
Total Cash Flows from Investing Activities	(470)	(498)
Cash Flows from Financing Activities:
Short Term Debt and Overdrafts Incurred	1,012	290
Short Term Debt and Overdrafts Paid	(920)	(303)
Long Term Debt Incurred	3,544	3,456
Long Term Debt Paid	(2,933)	(2,905)
Common Stock Issued	3	11
Common Stock Repurchased (Note 13)	(100)	(30)
Common Stock Dividends Paid (Note 13)	(67)	(50)
Transactions with Minority Interests in Subsidiaries	(26)	(5)
Debt Related Costs and Other Transactions	6	(38)
Total Cash Flows from Financing Activities	519	426
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash	(25)	37
Net Change in Cash, Cash Equivalents and Restricted Cash	(60)	(220)
Cash, Cash Equivalents and Restricted Cash at Beginning of the Period	1,110	1,189
Cash, Cash Equivalents and Restricted Cash at End of the Period	$ 1,050	$ 969

Accounting Policies

Accounting Policies	6 Months Ended
	Jun. 30, 2018
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, 2017 (the “ 2017 Form 10-K”). Operating results for the three and six months ended June 30, 2018 are not necessarily indicative of the results expected in subsequent quarters or for the year ending December 31, 2018 . Recently Adopted Accounting Standards Effective January 1, 2018, we adopted an accounting standards update, and all related amendments, 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 or services. We applied the new guidance to all open contracts at the date of adoption using the modified retrospective method. We recognized the cumulative effect of initially applying the new guidance as an adjustment to the opening balance of retained earnings. The comparative information has not been restated and continues to be reported under the accounting standards in effect for those periods. The cumulative effect of the changes made to our January 1, 2018 balance sheet for the adoption of the standards update was as follows: Balance at Adjustment for Balance at (In millions) December 31, 2017 New Standard January 1, 2018 Accounts Receivable $ 2,025 $ 3 $ 2,028 Prepaid Expenses and Other Current Assets 224 7 231 Deferred Income Taxes — Asset 2,008 1 2,009 Accounts Payable — Trade 2,807 7 2,814 Other Current Liabilities 1,026 7 1,033 Retained Earnings 6,044 (3 ) 6,041 The impact of the adoption of the standards update on our Consolidated Statements of Operations for the three and six month periods ended June 30, 2018 was an increase of $8 million and $7 million , respectively, to Net Sales, and an increase of $6 million and $5 million , respectively, to Net Income . The impact of the adoption of the standards update on our Consolidated Balance Sheet as of June 30, 2018 was as follows: As of June 30, 2018 Balances (In millions) As Reported Without Adoption Effect of Change Accounts Receivable $ 2,388 $ 2,380 $ 8 Prepaid Expenses and Other Current Assets 265 255 10 Deferred Income Taxes — Asset 2,035 2,036 (1 ) Accounts Payable — Trade 2,880 2,875 5 Other Current Liabilities 821 811 10 Retained Earnings 6,208 6,206 2 We do not expect the impact of the adoption of this new standards update to be material to our consolidated financial statements on an ongoing basis. Effective January 1, 2018, we adopted an accounting standards update intended to improve the financial statement presentation of pension and postretirement benefits cost. The new guidance 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. In addition, the new guidance allows only service cost to be capitalized. We applied the new guidance using the retrospective method. In alignment with the new standards update, we reclassified $7 million and $12 million of expense from Cost of Goods Sold ("CGS") and $4 million and $7 million of expense from Selling, Administrative and General Expense (“SAG”), including corporate related costs of $3 million and $6 million , to Other (Income) Expense for the three and six months ended June 30, 2017, respectively. The provision of the new standards update that allows only service cost to be capitalized resulted in an additional one-time charge of $9 million which was recorded in Other (Income) Expense for the six months ended June 30, 2018. We expect service related costs of approximately $35 million per year, including approximately $5 million per year of corporate related costs, will remain in CGS and SAG. Further, we expect approximately $90 million of non-service related costs, including approximately $15 million of corporate related costs and excluding settlement/curtailment charges, to be classified in Other (Income) Expense during 2018. Effective January 1, 2018, we adopted 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 . As a result of using the modified retrospective adoption approach, $2 million was recorded as a cumulative effect adjustment to increase Retained Earnings, with Deferred Income Taxes increasing by $7 million and Other Assets decreasing by $5 million . We do not expect the impact of the adoption of this new standards update to be material to our consolidated financial statements on an ongoing basis. Effective January 1, 2018, we adopted 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 adoption of this standards update did not impact our consolidated financial statements. Recently Issued Accounting Standards In February 2018, the Financial Accounting Standards Board (“FASB”) issued an accounting standards update that allows an optional one-time reclassification from Accumulated Other Comprehensive Income (Loss) to Retained Earnings for the stranded tax effects resulting from the new corporate tax rate under the Tax Cuts and Jobs Act. The new guidance requires additional disclosures, regardless of whether the optional reclassification is elected. The standards update is effective for fiscal years and interim periods beginning after December 15, 2018, with early adoption permitted, and may be applied retrospectively or as of the beginning of the period of adoption. Goodyear has elected not to adopt this optional reclassification. In August 2017, the 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. The adoption of this accounting standards update is not expected to have a material impact on our consolidated financial statements. 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 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 a modified retrospective approach for fiscal years and interim periods beginning after December 15, 2018, with early adoption permitted. As originally issued, the standards update requires application at the beginning of the earliest comparative period presented at the time of adoption. At its November 29, 2017 meeting, the FASB proposed allowing entities the option to instead apply the provisions of the new leases guidance at the effective date, without adjusting the comparative periods presented. While not yet issued, the FASB subsequently approved this update. The standard also provides for certain practical expedients. We have completed aggregating our worldwide lease contracts, are currently in the process of evaluating these lease contracts and are implementing a new lease accounting system to support the accounting and disclosure requirements of this standards update. The adoption of this standards update will have a material impact on our financial statements as we have significant operating lease commitments that are off-balance sheet in accordance with current US GAAP. 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: June 30, (In millions) 2018 2017 Cash and Cash Equivalents $ 975 $ 903 Restricted Cash 75 66 Total Cash, Cash Equivalents and Restricted Cash $ 1,050 $ 969 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. The restrictions lapse when cash from factored accounts receivable is remitted to the purchaser of those receivables. Reclassifications and Adjustments Certain items previously reported in specific financial statement captions have been reclassified to conform to the current presentation.

Net Sales

Net Sales	6 Months Ended
	Jun. 30, 2018
Revenue from Contract with Customer [Abstract]
NET SALES	NET SALES The following table shows disaggregated net sales from contracts with customers by major source: Three Months Ended June 30, 2018 Europe, Middle East (In millions) Americas and Africa Asia Pacific Total Tire unit sales $ 1,568 $ 1,152 $ 511 $ 3,231 Other tire and related sales 159 98 32 289 Retail services and service related sales 144 9 19 172 Chemical 143 — — 143 Other 4 1 1 6 Net Sales by reportable segment $ 2,018 $ 1,260 $ 563 $ 3,841 Six Months Ended June 30, 2018 Europe, Middle East (In millions) Americas and Africa Asia Pacific Total Tire unit sales $ 3,074 $ 2,361 $ 1,029 $ 6,464 Other tire and related sales 294 203 62 559 Retail services and service related sales 281 24 41 346 Chemical 291 — — 291 Other 7 2 2 11 Net Sales by reportable segment $ 3,947 $ 2,590 $ 1,134 $ 7,671 Tire unit sales consist of consumer, commercial, farm and off-the-road tire sales, including the sale of new Company-branded tires through Company-owned retail channels. Other tire and related sales consist of aviation, race, motorcycle and all-terrain vehicle tire sales, retread sales and other tire related sales. Sales of tires in this category are not included in reported tire unit information. Retail services and service related sales consist of automotive services performed for customers through our Company-owned retail channels, and includes service related products. Chemical sales relate to the sale of synthetic rubber and other chemicals to third-parties, and excludes intercompany sales. Other sales include items such as franchise fees and ancillary tire parts, such as tire rims, tire valves and valve stems. Sales are recognized when obligations under the terms of a contract are satisfied and control is transferred. This generally occurs with shipment or delivery, depending on the terms of the underlying contract, or when services have been rendered. Sales are measured as the amount of consideration we expect to receive in exchange for transferring goods or providing services. The amount of consideration we receive and sales we recognize can vary due to changes in sales incentives, rebates, rights of return or other items we offer our customers, for which we estimate the expected amounts based on an analysis of historical experience, or as the most likely amount in a range of possible outcomes. Payment terms with customers vary by region and customer, but are generally 30-90 days or at the point of sale for our consumer retail locations. Net sales exclude sales, value added and other taxes. Costs to obtain contracts are generally expensed as incurred due to the short term nature of individual contracts. Incidental items that are immaterial in the context of the contract are recognized as expense as incurred. We have elected to recognize the costs incurred for transportation of products to customers as a component of CGS. When we receive consideration from a customer prior to transferring goods or services under the terms of a sales contract, we record deferred revenue, which represents a contract liability. Deferred revenue included in Other Current Liabilities and Other Long Term Liabilities in the Consolidated Balance Sheet totaled $57 million and $45 million , respectively, at June 30, 2018 . We recognize deferred revenue after we have transferred control of the goods or services to the customer and all revenue recognition criteria are met. The following table presents the balance of deferred revenue related to contracts with customers, and changes during the six months ended June 30, 2018: (In millions) Balance at December 31, 2017 $ 121 Revenue deferred during period 55 Revenue recognized during period (74 ) Impact of foreign currency translation — Balance at June 30, 2018 $ 102

Costs Associated with Rationali

Costs Associated with Rationalization Programs	6 Months Ended
	Jun. 30, 2018
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 Associate- Non-cancelable (In millions) Related Costs Lease Costs Total Balance at December 31, 2017 $ 210 $ 3 $ 213 2018 Charges 36 11 47 Incurred, including net Foreign Currency Translation of $1 million and $0 million, respectively (120 ) (12 ) (132 ) Reversed to the Statements of Operations (12 ) — (12 ) Balance at June 30, 2018 $ 114 $ 2 $ 116 The accrual balance of $116 million at June 30, 2018 is expected to be substantially utilized in the next 12 months and includes $44 million related to global plans to reduce SAG headcount as well as a separate SAG headcount reduction plan in Europe, Middle East and Africa ("EMEA"), $40 million related to plans to reduce manufacturing headcount in EMEA, $11 million related to plans to improve operating efficiency in EMEA, and $8 million related to the closure of our tire manufacturing facility in Philippsburg, Germany. The following table shows net rationalization charges included in Income before Income Taxes: Three Months Ended Six Months Ended June 30, June 30, (In millions) 2018 2017 2018 2017 Current Year Plans Associate Severance and Other Related Costs $ 1 $ 2 $ 32 $ 25 Other Exit and Non-Cancelable Lease Costs — 1 — 1 Current Year Plans - Net Charges $ 1 $ 3 $ 32 $ 26 Prior Year Plans Associate Severance and Other Related Costs $ (6 ) $ 17 $ (8 ) $ 17 Other Exit and Non-Cancelable Lease Costs 3 7 11 13 Prior Year Plans - Net Charges (3 ) 24 3 30 Total Net Charges $ (2 ) $ 27 $ 35 $ 56 Asset Write-off and Accelerated Depreciation Charges $ 1 $ 21 $ 2 $ 29 Substantially all of the new charges for the three and six months ended June 30, 2018 and 2017 related to future cash outflows. Net current year plan charges for the three and six months ended June 30, 2018 include charges of $1 million and $26 million , respectively, related to a global plan to reduce SAG headcount. Net current year plan charges for the six months ended June 30, 2018 also included charges of $6 million related to a plan to improve operating efficiency in EMEA. Net current year plan charges for the three and six months ended June 30, 2017 include charges of $2 million and $19 million , respectively, related to SAG headcount reductions in EMEA and $1 million and $7 million , respectively, related to a plan to improve operating efficiency in EMEA. Net prior year plan charges for the three and six months ended June 30, 2018 include charges of $2 million and $9 million , respectively, related to the closure of our tire manufacturing facility in Philippsburg, Germany. Net prior year plan charges for the three and six months ended June 30, 2018 also included reversals of $7 million and $12 million , respectively, for actions no longer needed for their originally intended purposes. Net prior year plan charges for the three and six months ended June 30, 2017 include $18 million and $20 million , respectively, related to the closure of our tire manufacturing facility in Philippsburg, Germany, and charges of $2 million and $5 million , respectively, related to the closure of our Wolverhampton, U.K. mixing and retreading facility and the plan to transfer consumer tire production from our manufacturing facility in Wittlich, Germany to other manufacturing facilities in EMEA. Ongoing rationalization plans had approximately $730 million in charges incurred prior to 2018 and approximately $16 million is expected to be incurred in future periods. Approximately 300 associates will be released under new plans initiated in 2018, of which approximately 100 were released through June 30, 2018 . In the first six months of 2018 , approximately 300 associates were released under plans initiated in prior years, including those related to the closure of our tire manufacturing facility in Philippsburg, Germany. Approximately 600 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. 12, Commitments and Contingent Liabilities, in this Form 10-Q. Asset write-off and accelerated depreciation charges for the three and six months ended June 30, 2018 and 2017 primarily related to the closure of our tire manufacturing facility in Philippsburg, Germany and were recorded in CGS.

Other (Income) Expense

Other (Income) Expense	6 Months Ended
	Jun. 30, 2018
Other Income and Expenses [Abstract]
OTHER (INCOME) EXPENSE	OTHER (INCOME) EXPENSE Three Months Ended Six Months Ended June 30, June 30, (In millions) 2018 2017 2018 2017 Non-service related pension and other postretirement benefits cost $ 25 $ 11 $ 59 $ 19 Financing fees and financial instruments 9 32 18 40 Royalty income (5 ) (11 ) (10 ) (16 ) Interest income (2 ) (3 ) (6 ) (7 ) Net foreign currency exchange (gains) losses 2 (2 ) (5 ) (3 ) General and product liability expense (income) - discontinued products (3 ) 1 (2 ) 3 Net (gains) losses on asset sales (2 ) (12 ) — (13 ) Miscellaneous expense 21 — 28 1 $ 45 $ 16 $ 82 $ 24 Non-service related pension and other postretirement benefits cost consists primarily of the interest cost, expected return on plan assets and amortization components of net periodic cost, as well as curtailments and settlements which are not related to rationalization plans. Non-service related pension and other postretirement benefits cost for the six months ended June 30, 2018 includes expense of $9 million related to the adoption of the new accounting standards update which no longer allows non-service related pension and other postretirement benefits cost to be capitalized in inventory. For further information, refer to Note to the Consolidated Financial Statements No. 10, Pension, Savings and Other Postretirement Benefit Plans, in this Form 10-Q. Financing fees and financial instruments consist of commitment fees and charges incurred in connection with financing transactions. Financing fees and financial instruments for the three and six months ended June 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. Net (gains) losses on asset sales for the three and six months ended June 30, 2017 include a gain of $6 million related to the sale of a former wire plant site in Luxembourg. Miscellaneous expense for the three and six months ended June 30, 2018 includes transaction costs of $10 million and $14 million , respectively, related to our announced TireHub, LLC ("TireHub") joint venture and continuing repair expenses of $8 million and $11 million , respectively, incurred by the Company as a direct result of hurricanes Harvey and Irma during the third quarter of 2017. Other (Income) Expense also includes 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, net foreign currency exchange (gains) and losses, and general and product liability expense (income) - discontinued products, which consists of charges for claims against us related primarily to asbestos personal injury claims, net of probable insurance recoveries.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2018
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES For the second quarter of 2018 , we recorded tax expense of $19 million on income before income taxes of $183 million . For the first six months of 2018, we recorded tax expense of $52 million on income before income taxes of $296 million . Income tax expense for the three and six months ended June 30, 2018 includes discrete benefits of $28 million and $21 million , respectively. The net discrete tax benefit includes a second quarter benefit of $25 million from recording foreign tax credits on dividends, primarily from subsidiaries in Japan and Singapore, to the United States, and a first quarter charge of $7 million and a second quarter benefit of $4 million to adjust our provisional tax obligation for the one-time transition tax imposed by the Tax Cuts and Jobs Act (the "Tax Act") that was enacted on December 22, 2017 in the United States. The one-time transition tax is a tax on certain previously untaxed accumulated earnings and profits of our foreign subsidiaries. We were able to reasonably estimate the one-time transition tax and record an initial provisional tax obligation of $77 million at December 31, 2017. During the first quarter of 2018, the one-time transition tax obligation increased by $7 million as a result of guidance that required the tax to be calculated using year-end exchange rates as opposed to average exchange rates. During the second quarter of 2018, the obligation decreased by $4 million as a result of guidance that clarified that certain accrued income taxes can reduce the amount subject to the one-time transition tax. Accordingly, as of June 30, 2018, we have now recorded a provisional transition tax obligation totaling $80 million . At December 31, 2017, we established a provisional reserve of $19 million related to foreign withholding taxes that we would incur should we repatriate certain earnings. During the three months ending June 30, 2018, our reserve decreased to $8 million to reflect payments of withholding tax on dividends from foreign subsidiaries. We continue to consider new guidance related to these provisional amounts and are in the process of gathering and analyzing additional information with respect to our 2017 earnings and profits to more precisely compute the amount of the one-time transition tax. In the second quarter of 2017, we recorded tax expense of $36 million on income before income taxes of $190 million . For the first six months of 2017, we recorded tax expense of $106 million on income before income taxes of $429 million . Income tax expense for the three and six months ended June 30, 2017 was favorably impacted by $9 million and $11 million , respectively, of various discrete tax adjustments. We record taxes based on overall estimated annual effective tax rates. The difference between our effective tax rate for the three and six months ended June 30, 2018 and the U.S. statutory rate of 21% primarily relates to the discrete items noted above and a benefit from our foreign derived intangible income deduction provided for in the Tax Act, partially offset by an overall higher effective tax rate in the foreign jurisdictions in which we operate. The difference between our effective tax rate for the three and six months ended June 30, 2017 and the then applicable U.S. statutory rate of 35% was primarily attributable to the discrete items noted above and an overall lower effective tax rate in the foreign jurisdictions in which we operate. The Tax Act subjects a U.S. parent to the base erosion minimum tax ("BEAT") and a current tax on its global intangible low-taxed income ("GILTI"). We have elected to recognize the resulting tax on GILTI as a period expense in the period the tax is incurred. We estimate that the impact from the BEAT and GILTI taxes will not be material to our income tax provision. 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 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. If recent positive evidence provided by the profitability in our Brazilian subsidiary continues, it will provide us the opportunity to apply greater significance to our forecasts in assessing the need for a valuation allowance. We believe it is reasonably possible that sufficient positive evidence required to release all, or a portion, of its valuation allowance will exist within the next twelve months. This may result in a reduction of the valuation allowance and a one-time tax benefit of up to $20 million . Based on positive evidence and future sources of income in the U.S., it is more likely than not that our foreign tax credits of approximately $750 million as of December 31, 2017, will be fully utilized. We are open to examination in the United States for 2017 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	6 Months Ended
	Jun. 30, 2018
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 Six Months Ended June 30, June 30, (In millions, except per share amounts) 2018 2017 2018 2017 Earnings per share — basic: Goodyear net income $ 157 $ 147 $ 232 $ 313 Weighted average shares outstanding 239 252 240 252 Earnings per common share — basic $ 0.66 $ 0.58 $ 0.97 $ 1.24 Earnings per share — diluted: Goodyear net income $ 157 $ 147 $ 232 $ 313 Weighted average shares outstanding 239 252 240 252 Dilutive effect of stock options and other dilutive securities 2 4 2 4 Weighted average shares outstanding — diluted 241 256 242 256 Earnings per common share — diluted $ 0.65 $ 0.58 $ 0.96 $ 1.23 Weighted average shares outstanding - diluted for the three and six months ended June 30, 2018 exclude approximately 2 million and 1 million equivalent shares, respectively, related to options with exercise prices greater than the average market price of our common shares (i.e., "underwater" options). There were approximately 1 million equivalent shares related to options with exercise prices greater than the average market price of our common shares for the three and six months ended June 30, 2017.

Business Segments

Business Segments	6 Months Ended
	Jun. 30, 2018
Segment Reporting [Abstract]
BUSINESS SEGMENTS	BUSINESS SEGMENTS Three Months Ended Six Months Ended June 30, June 30, (In millions) 2018 2017 2018 2017 Sales: Americas $ 2,018 $ 2,029 $ 3,947 $ 3,987 Europe, Middle East and Africa 1,260 1,114 2,590 2,353 Asia Pacific 563 543 1,134 1,045 Net Sales $ 3,841 $ 3,686 $ 7,671 $ 7,385 Segment Operating Income: Americas $ 154 $ 218 $ 281 $ 434 Europe, Middle East and Africa 100 80 178 181 Asia Pacific 70 71 146 144 Total Segment Operating Income $ 324 $ 369 $ 605 $ 759 Less: Rationalizations $ (2 ) $ 27 $ 35 $ 56 Interest expense 78 89 154 176 Other (income) expense (Note 4) 45 16 82 24 Asset write-offs and accelerated depreciation 1 21 2 29 Corporate incentive compensation plans 3 12 7 27 Intercompany profit elimination (1 ) (2 ) (4 ) (5 ) Retained expenses of divested operations 2 3 5 6 Other 15 13 28 17 Income before Income Taxes $ 183 $ 190 $ 296 $ 429 Rationalizations, as described in Note to the Consolidated Financial Statements No. 3, 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 Six Months Ended June 30, June 30, (In millions) 2018 2017 2018 2017 Rationalizations: Americas $ — $ 1 $ 3 $ 2 Europe, Middle East and Africa (1 ) 26 26 53 Asia Pacific — — 3 1 Total Segment Rationalizations $ (1 ) $ 27 $ 32 $ 56 Corporate (1 ) — 3 — Total Rationalizations $ (2 ) $ 27 $ 35 $ 56 Net (Gains) Losses on Asset Sales: Americas $ (2 ) $ (2 ) $ (2 ) $ (3 ) Europe, Middle East and Africa — (10 ) 2 (10 ) Total Net (Gains) Losses on Asset Sales $ (2 ) $ (12 ) $ — $ (13 ) Asset Write-offs and Accelerated Depreciation: Europe, Middle East and Africa $ 1 $ 21 $ 2 $ 29 Total Asset Write-offs and Accelerated Depreciation $ 1 $ 21 $ 2 $ 29

Financing Arrangements and Deri

Financing Arrangements and Derivative Financial Instruments	6 Months Ended
	Jun. 30, 2018
Financing Arrangements and Derivative Financial Instruments [Abstract]
FINANCING ARRANGEMENTS AND DERIVATIVE FINANCIAL INSTRUMENTS	FINANCING ARRANGEMENTS AND DERIVATIVE FINANCIAL INSTRUMENTS At June 30, 2018 , we had total credit arrangements of $8,632 million , of which $2,248 million were unused. At that date, 40% 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 June 30, 2018 , we had short term committed and uncommitted credit arrangements totaling $588 million , of which $253 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: June 30, December 31, (In millions) 2018 2017 Notes payable and overdrafts $ 335 $ 262 Weighted average interest rate 4.17 % 5.00 % Chinese credit facilities $ 57 $ 113 Other foreign and domestic debt (including capital leases) 229 278 Long term debt and capital leases due within one year $ 286 $ 391 Weighted average interest rate 4.89 % 6.86 % Total obligations due within one year $ 621 $ 653 Long Term Debt and Capital Leases and Financing Arrangements At June 30, 2018 , we had long term credit arrangements totaling $8,044 million , of which $1,995 million were unused. The following table presents long term debt and capital leases, net of unamortized discounts, and interest rates: June 30, 2018 December 31, 2017 Interest Interest (In millions) Amount Rate Amount Rate Notes: 8.75% due 2020 $ 277 $ 275 5.125% due 2023 1,000 1,000 3.75% Euro Notes due 2023 291 300 5% due 2026 900 900 4.875% due 2027 700 700 7% due 2028 150 150 Credit Facilities: $2.0 billion first lien revolving credit facility due 2021 340 3.26 % — — Second lien term loan facility due 2025 400 4.05 % 400 3.50 % €550 million revolving credit facility due 2020 310 3.79 % — — Pan-European accounts receivable facility 177 0.94 % 224 0.90 % Mexican credit facilities 340 3.83 % 340 3.14 % Chinese credit facilities 173 4.99 % 212 4.87 % Other foreign and domestic debt (1) 954 5.43 % 967 6.02 % 6,012 5,468 Unamortized deferred financing fees (39 ) (41 ) 5,973 5,427 Capital lease obligations 39 40 6,012 5,467 Less portion due within one year (286 ) (391 ) $ 5,726 $ 5,076 (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 At June 30, 2018 , we had $3,318 million of outstanding notes, compared to $3,325 million at December 31, 2017 . 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 June 30, 2018 , our borrowing base, and therefore our availability, under this facility was $361 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 June 30, 2018 , we had $340 million of borrowings and $37 million of letters of credit issued under the revolving credit facility. At December 31, 2017 , we had no borrowings and $37 million of letters of credit issued under the revolving credit facility. $400 million Amended and Restated Second Lien Term Loan Facility due 2025 In March 2018, we amended and restated our second lien term loan facility. As a result of the amendment, the term loan, which previously matured on April 30, 2019, now matures on March 7, 2025. The term loan 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). After March 7, 2018 and prior to September 3, 2018, (i) loans under the facility may not be prepaid or repaid with the proceeds of term loan indebtedness, or converted into or replaced by new term loans, bearing interest at an effective interest rate that is less than the effective interest rate then applicable to such loans and (ii) no amendment of the facility may be made that, directly or indirectly, reduces the effective interest rate applicable to the loans under the facility, in each case unless we pay a fee equal to 1.0% of the principal amount of the loans so affected. 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 June 30, 2018 and December 31, 2017, the amounts outstanding under this facility were $400 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. and Canadian subsidiaries 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 June 30, 2018 , there were $140 million ( €120 million ) of borrowings outstanding under the German tranche, $170 million ( €146 million ) of borrowings outstanding under the all-borrower tranche and no letters of credit outstanding under the European revolving credit facility. At December 31, 2017, there were no borrowings and no letters of credit outstanding under the European revolving credit facility. 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 €30 million and not more than €450 million . For the period from October 16, 2017 to October 15, 2018, 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 June 30, 2018 , the amounts available and utilized under this program totaled $177 million ( €152 million ). At December 31, 2017 , the amounts available and utilized under this program totaled $224 million ( €187 million ). The program does not qualify for sale accounting, and accordingly, these amounts are included in Long Term Debt and Capital Leases. 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 2017 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 June 30, 2018 , the gross amount of receivables sold was $513 million , compared to $572 million at December 31, 2017 . Other Foreign Credit Facilities A Mexican subsidiary and a U.S. subsidiary have several financing arrangements in Mexico. At June 30, 2018 and December 31, 2017, the amounts available and utilized under these facilities were $340 million . The facilities ultimately mature in 2020. The facilities contain covenants relating to the Mexican and U.S. subsidiary and have customary representations and warranties and defaults relating to the Mexican and U.S. subsidiary’s ability to perform its respective obligations under the applicable facilities. A Chinese subsidiary has several financing arrangements in China. At June 30, 2018 , these non-revolving credit facilities had total unused availability of $123 million and can only be used to finance the expansion of our manufacturing facility in China. At June 30, 2018 and December 31, 2017 , the amounts outstanding under these facilities were $173 million and $212 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 June 30, 2018 and December 31, 2017 , restricted cash related to funds obtained under these credit facilities was $9 million and $7 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: June 30, December 31, (In millions) 2018 2017 Fair Values — Current asset (liability): Accounts receivable $ 26 $ 3 Other current liabilities (5 ) (9 ) At June 30, 2018 and December 31, 2017 , these outstanding foreign currency derivatives had notional amounts of $1,928 million and $1,409 million , respectively, and were primarily related to intercompany loans. Other (Income) Expense included net transaction gains on derivatives of $43 million and $45 million for the three and six months ended June 30, 2018 , respectively, and net transaction losses on derivatives of $41 million and $45 million for the three and six months ended June 30, 2017, 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: June 30, December 31, (In millions) 2018 2017 Fair Values — Current asset (liability): Accounts receivable $ 5 $ 1 Other current liabilities (2 ) (8 ) Fair Values — Long term asset (liability): Other assets $ 2 $ — Other long term liabilities — (2 ) At June 30, 2018 and December 31, 2017 , these outstanding foreign currency derivatives had notional amounts of $263 million and $250 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 Six Months Ended June 30, June 30, (In millions) (Income) Expense 2018 2017 2018 2017 Amounts deferred to Accumulated Other Comprehensive Loss ("AOCL") $ (14 ) $ 13 $ (8 ) $ 21 Amount of deferred (gain) loss reclassified from AOCL into CGS 3 (2 ) 7 (4 ) Amounts excluded from effectiveness testing (1 ) — (1 ) (1 ) There is no estimated net amount of deferred gains at June 30, 2018 that are expected to be reclassified to earnings within the next twelve months. 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	6 Months Ended
	Jun. 30, 2018
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 June 30, 2018 and December 31, 2017 : 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) 2018 2017 2018 2017 2018 2017 2018 2017 Assets: Investments $ 10 $ 11 $ 10 $ 11 $ — $ — $ — $ — Foreign Exchange Contracts 33 4 — — 33 4 — — Total Assets at Fair Value $ 43 $ 15 $ 10 $ 11 $ 33 $ 4 $ — $ — Liabilities: Foreign Exchange Contracts $ 7 $ 19 $ — $ — $ 7 $ 19 $ — $ — Total Liabilities at Fair Value $ 7 $ 19 $ — $ — $ 7 $ 19 $ — $ — The following table presents supplemental fair value information about long term fixed rate and variable rate debt, excluding capital leases, at June 30, 2018 and December 31, 2017 : June 30, December 31, (In millions) 2018 2017 Fixed Rate Debt (1) : Carrying amount — liability $ 3,604 $ 3,616 Fair value — liability 3,541 3,786 Variable Rate Debt (1) : Carrying amount — liability $ 2,369 $ 1,811 Fair value — liability 2,353 1,811 (1) Excludes Notes Payable and Overdrafts of $ 335 million and $ 262 million at June 30, 2018 and December 31, 2017, respectively, of which $ 184 million and $ 110 million , respectively, are at fixed rates and $ 151 million and $ 152 million , respectively, are at variable rates. The carrying value of Notes Payable and Overdrafts approximates fair value due to the short term nature of the facilities. Long term debt with fair values of $3,618 million and $3,857 million at June 30, 2018 and December 31, 2017 , respectively, were estimated using quoted Level 1 market prices. The carrying value of the remaining long term debt 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	6 Months Ended
	Jun. 30, 2018
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 Six Months Ended June 30, June 30, (In millions) 2018 2017 2018 2017 Service cost $ 1 $ 1 $ 2 $ 2 Interest cost 39 41 79 81 Expected return on plan assets (54 ) (61 ) (109 ) (121 ) Amortization of net losses 28 28 56 56 Net periodic pension cost $ 14 $ 9 $ 28 $ 18 Net curtailments/settlements/termination benefits 3 1 3 1 Total defined benefit pension cost $ 17 $ 10 $ 31 $ 19 Non-U.S. Non-U.S. Three Months Ended Six Months Ended June 30, June 30, (In millions) 2018 2017 2018 2017 Service cost $ 7 $ 8 $ 14 $ 15 Interest cost 17 18 35 35 Expected return on plan assets (18 ) (20 ) (36 ) (39 ) Amortization of net losses 8 8 15 16 Net periodic pension cost $ 14 $ 14 $ 28 $ 27 Service cost is recorded in CGS or SAG. Other components of net periodic pension cost are recorded in Other (Income) Expense. Net curtailments and settlements are recorded in Other (Income) Expense or Rationalizations if related to a rationalization plan. We expect to contribute approximately $25 million to $50 million to our funded non-U.S. pension plans in 2018. For the three and six months ended June 30, 2018 , we contributed $ 8 million and $19 million , respectively, to our non-U.S. plans. The expense recognized for our contributions to defined contribution savings plans for the three months ended June 30, 2018 and 2017 was $28 million in both periods, and for the six months ended June 30, 2018 and 2017 was $57 million and $58 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 expense (credit) for the three months ended June 30, 2018 and 2017 was $3 million and $(1) million , respectively, and for the six months ended June 30, 2018 and 2017 was $ 6 million and $ (3) million , respectively.

Stock Compensation Plans

Stock Compensation Plans	6 Months Ended
	Jun. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
STOCK COMPENSATION PLANS	STOCK COMPENSATION PLANS Our Board of Directors granted 0.8 million restricted stock units and 0.2 million performance share units during the six months ended June 30, 2018 under our stock compensation plans. 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 $29.46 for restricted stock units and $29.04 for performance share units granted during the six months ended June 30, 2018 . We recognized stock-based compensation expense of $3 million and $5 million during the three and six months ended June 30, 2018 , respectively. At June 30, 2018 , unearned compensation cost related to the unvested portion of all stock-based awards was approximately $39 million and is expected to be recognized over the remaining vesting period of the respective grants, through the second quarter of 2022 . We recognized stock-based compensation expense of $6 million and $12 million during the three and six months ended June 30, 2017, respectively.

Commitments and Contingent Liab

Commitments and Contingent Liabilities	6 Months Ended
	Jun. 30, 2018
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENT LIABILITIES	COMMITMENTS AND CONTINGENT LIABILITIES Environmental Matters We have recorded liabilities totaling $46 million at both June 30, 2018 and December 31, 2017 , 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, $11 million and $10 million were included in Other Current Liabilities at June 30, 2018 and December 31, 2017 , 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 $237 million and $243 million for anticipated costs related to workers’ compensation at June 30, 2018 and December 31, 2017 , respectively. Of these amounts, $46 million and $45 million were included in Current Liabilities as part of Compensation and Benefits at June 30, 2018 and December 31, 2017 , 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 June 30, 2018 and December 31, 2017 , the liability was discounted using a risk-free rate of return. At June 30, 2018 , 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 $317 million and $316 million , including related legal fees expected to be incurred, for potential product liability and other tort claims, including asbestos claims, at June 30, 2018 and December 31, 2017 , respectively. Of these amounts, $52 million and $55 million was included in Other Current Liabilities at June 30, 2018 and December 31, 2017 , 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 June 30, 2018 , 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 $4 million and within Other Assets of $31 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 140,400 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 $537 million through June 30, 2018 and $529 million through December 31, 2017 . 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. Six Months Ended Year Ended (Dollars in millions) June 30, 2018 December 31, 2017 Pending claims, beginning of period 54,300 64,400 New claims filed 900 1,900 Claims settled/dismissed (5,700 ) (12,000 ) Pending claims, end of period 49,500 54,300 Payments (1) $ 7 $ 16 (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 $168 million and $167 million at June 30, 2018 and December 31, 2017 , 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 $116 million and $113 million at June 30, 2018 and December 31, 2017 , 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, $15 million was included in Current Assets as part of Accounts Receivable at June 30, 2018 and December 31, 2017, respectively. 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, 2017, we had approximately $440 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. Recoveries may be limited by insurer insolvencies or financial difficulties. Depending upon the nature of these characteristics or events, 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 ( $139 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 $78 million and $82 million at June 30, 2018 and December 31, 2017 , respectively. We issue guarantees to financial institutions or other entities on behalf of certain of our affiliates, lessors or customers. We generally do not require collateral in connection with the issuance of these guarantees. In 2017, we issued a guarantee of approximately $47 million in connection with an indirect tax assessment in EMEA. As of June 30, 2018 , this guarantee amount has been reduced to $44 million . We have concluded our performance under this guarantee is not probable and, therefore, have not recorded a liability for this guarantee. 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 June 30, 2018 , this guarantee amount has been reduced to $33 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	6 Months Ended
	Jun. 30, 2018
Captial Stock [Abstract]
CAPITAL STOCK	CAPITAL STOCK Dividends In the first six months of 2018, we paid cash dividends of $67 million on our common stock. On July 14, 2018 , the Board of Directors (or a duly authorized committee thereof) declared cash dividends of $0.14 per share of common stock, or approximately $33 million in the aggregate. The dividend will be paid on September 4, 2018 to stockholders of record as of the close of business on August 1, 2018 . Future quarterly dividends are subject to Board approval. 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 second quarter of 2018 , we repurchased 2,976,414 shares at an average price, including commissions, of $ 25.20 per share, or $75 million in the aggregate. During the first six months of 2018 , we repurchased 3,851,092 shares at an average price, including commissions, of $ 25.97 per share, or $100 million in the aggregate. Since 2013, we repurchased 47,820,749 shares at an average price, including commissions, of $ 29.56 per share, or $1,413 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 six months of 2018 , we did not repurchase any shares from employees.

Changes in Shareholders' Equity

Changes in Shareholders' Equity	6 Months Ended
	Jun. 30, 2018
Equity [Abstract]
CHANGES IN SHAREHOLDERS' EQUITY	CHANGES IN SHAREHOLDERS’ EQUITY The following tables present the changes in shareholders’ equity for the six months ended June 30, 2018 and 2017 : June 30, 2018 June 30, 2017 (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 $ 4,603 $ 247 $ 4,850 $ 4,507 $ 218 $ 4,725 Comprehensive income (loss): Net income 232 12 244 313 10 323 Foreign currency translation, net of tax of ($8) in 2018 ($19 in 2017) (133 ) (16 ) (149 ) 121 13 134 Amortization of prior service cost and unrecognized gains and losses included in total benefit cost, net of tax of $16 in 2018 ($21 in 2017) 53 — 53 39 — 39 (Increase)/Decrease in net actuarial losses, net of tax of $6 in 2018 ($1 in 2017) 19 — 19 3 — 3 Immediate recognition of prior service cost and unrecognized gains and losses due to curtailments, settlements, and divestitures, net of tax of $2 in 2018 ($0 in 2017) 4 — 4 — — — Deferred derivative gains (losses), net of tax of $2 in 2018 (($7) in 2017) 6 — 6 (14 ) — (14 ) Reclassification adjustment for amounts recognized in income, net of tax of $2 in 2018 (($1) in 2017) 5 — 5 (3 ) — (3 ) Other comprehensive income (loss) (46 ) (16 ) (62 ) 146 13 159 Total comprehensive income (loss) 186 (4 ) 182 459 23 482 Adoption of new accounting standards updates (Note 1) (1 ) — (1 ) — — — Dividends declared to minority shareholders — (7 ) (7 ) — (5 ) (5 ) Stock-based compensation plans (Note 11) 8 — 8 12 — 12 Repurchase of common stock (Note 13) (100 ) — (100 ) (30 ) — (30 ) Dividends declared (Note 13) (67 ) — (67 ) (50 ) — (50 ) Common stock issued from treasury 3 — 3 11 — 11 Purchase of minority shares 5 (29 ) (24 ) — — — Balance at end of period $ 4,637 $ 207 $ 4,844 $ 4,909 $ 236 $ 5,145

Reclassifications out of Accumu

Reclassifications out of Accumulated Other Comprehensive Loss	6 Months Ended
	Jun. 30, 2018
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 six months ended June 30, 2018 and 2017 : (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, 2017 $ (915 ) $ (3,052 ) $ (9 ) $ (3,976 ) Other comprehensive income (loss) before reclassifications, net of tax (133 ) 19 6 (108 ) Amounts reclassified from accumulated other comprehensive loss, net of tax — 57 5 62 Balance at June 30, 2018 $ (1,048 ) $ (2,976 ) $ 2 $ (4,022 ) (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, net of tax 121 3 (14 ) 110 Amounts reclassified from accumulated other comprehensive loss, net of tax — 39 (3 ) 36 Balance at June 30, 2017 $ (1,034 ) $ (3,011 ) $ (7 ) $ (4,052 ) The following table presents reclassifications out of Accumulated Other Comprehensive Loss: Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 (In millions) (Income) Expense Amount Reclassified Amount Reclassified Affected Line Item in the Consolidated Statements of Operations Component of AOCL from AOCL from AOCL Amortization of prior service cost and unrecognized gains and losses $ 34 $ 30 $ 69 $ 60 Other (Income) Expense Immediate recognition of prior service cost and unrecognized gains and losses due to curtailments, settlements, and divestitures 6 — 6 — Other (Income) Expense Unrecognized Net Actuarial Losses and Prior Service Costs, before tax 40 30 75 60 Tax effect (10 ) (11 ) (18 ) (21 ) United States and Foreign Taxes Net of tax $ 30 $ 19 $ 57 $ 39 Goodyear Net Income Deferred Derivative (Gains) Losses, before tax $ 3 $ (2 ) $ 7 $ (4 ) Cost of Goods Sold Tax effect (1 ) — (2 ) 1 United States and Foreign Taxes Net of tax $ 2 $ (2 ) $ 5 $ (3 ) Goodyear Net Income Total reclassifications $ 32 $ 17 $ 62 $ 36 Goodyear Net Income

Subsequent Event

Subsequent Event	6 Months Ended
	Jun. 30, 2018
Subsequent Events [Abstract]
SUBSEQUENT EVENT	SUBSEQUENT EVENT On April 16, 2018, we announced an agreement to form a 50/50 joint venture with Bridgestone Americas, Inc. (“Bridgestone”) that will combine our Company-Owned Wholesale Distribution (“COWD”) business and Bridgestone’s tire wholesale warehouse business to create TireHub, a national tire distributor in the United States. On July 1, 2018, TireHub commenced operations. Upon commencement, we transferred certain assets and liabilities of the COWD business to TireHub and expect to recognize a non-cash gain of approximately $285 million on the transaction in Other (Income) Expense in the third quarter of 2018. We also expect to record the fair value of the Company’s equity investment in TireHub of approximately $292 million in Other Assets in the third quarter of 2018. No cash was exchanged between the parties as part of the transaction.

Consolidating Financial Informa

Consolidating Financial Information	6 Months Ended
	Jun. 30, 2018
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. 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 June 30, 2018 (In millions) Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Assets: Current Assets: Cash and Cash Equivalents $ 135 $ 49 $ 791 $ — $ 975 Accounts Receivable, net 658 146 1,584 — 2,388 Accounts Receivable From Affiliates — 198 — (198 ) — Inventories 1,522 63 1,375 (19 ) 2,941 Prepaid Expenses and Other Current Assets 79 2 181 3 265 Total Current Assets 2,394 458 3,931 (214 ) 6,569 Goodwill 24 1 426 125 576 Intangible Assets 118 — 20 — 138 Deferred Income Taxes 1,598 31 402 4 2,035 Other Assets 249 49 506 — 804 Investments in Subsidiaries 4,294 517 — (4,811 ) — Property, Plant and Equipment, net 2,470 427 4,363 (27 ) 7,233 Total Assets $ 11,147 $ 1,483 $ 9,648 $ (4,923 ) $ 17,355 Liabilities: Current Liabilities: Accounts Payable-Trade $ 928 $ 119 $ 1,833 $ — $ 2,880 Accounts Payable to Affiliates 65 — 133 (198 ) — Compensation and Benefits 281 14 216 — 511 Other Current Liabilities 345 (9 ) 485 — 821 Notes Payable and Overdrafts — — 335 — 335 Long Term Debt and Capital Leases Due Within One Year 59 — 227 — 286 Total Current Liabilities 1,678 124 3,229 (198 ) 4,833 Long Term Debt and Capital Leases 3,886 167 1,673 — 5,726 Compensation and Benefits 589 97 683 — 1,369 Deferred Income Taxes — — 99 — 99 Other Long Term Liabilities 357 9 118 — 484 Total Liabilities 6,510 397 5,802 (198 ) 12,511 Commitments and Contingent Liabilities Shareholders’ Equity: Goodyear Shareholders’ Equity: Common Stock 237 — — — 237 Other Equity 4,400 1,086 3,639 (4,725 ) 4,400 Goodyear Shareholders’ Equity 4,637 1,086 3,639 (4,725 ) 4,637 Minority Shareholders’ Equity — Nonredeemable — — 207 — 207 Total Shareholders’ Equity 4,637 1,086 3,846 (4,725 ) 4,844 Total Liabilities and Shareholders’ Equity $ 11,147 $ 1,483 $ 9,648 $ (4,923 ) $ 17,355 Condensed Consolidating Balance Sheet December 31, 2017 (In millions) Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Assets: Current Assets: Cash and Cash Equivalents $ 176 $ 32 $ 835 $ — $ 1,043 Accounts Receivable, net 649 116 1,260 — 2,025 Accounts Receivable From Affiliates — 254 71 (325 ) — Inventories 1,444 43 1,329 (29 ) 2,787 Prepaid Expenses and Other Current Assets 59 3 157 5 224 Total Current Assets 2,328 448 3,652 (349 ) 6,079 Goodwill 24 1 444 126 595 Intangible Assets 119 — 20 — 139 Deferred Income Taxes 1,549 35 424 — 2,008 Other Assets 221 51 518 2 792 Investments in Subsidiaries 4,424 503 — (4,927 ) — Property, Plant and Equipment, net 2,491 420 4,569 (29 ) 7,451 Total Assets $ 11,156 $ 1,458 $ 9,627 $ (5,177 ) $ 17,064 Liabilities: Current Liabilities: Accounts Payable-Trade $ 927 $ 115 $ 1,765 $ — $ 2,807 Accounts Payable to Affiliates 325 — — (325 ) — Compensation and Benefits 322 15 202 — 539 Other Current Liabilities 323 2 701 — 1,026 Notes Payable and Overdrafts — — 262 — 262 Long Term Debt and Capital Leases Due Within One Year 60 — 331 — 391 Total Current Liabilities 1,957 132 3,261 (325 ) 5,025 Long Term Debt and Capital Leases 3,544 152 1,380 — 5,076 Compensation and Benefits 682 109 724 — 1,515 Deferred Income Taxes — 1 99 — 100 Other Long Term Liabilities 370 8 120 — 498 Total Liabilities 6,553 402 5,584 (325 ) 12,214 Commitments and Contingent Liabilities Shareholders’ Equity: Goodyear Shareholders’ Equity: Common Stock 240 — — — 240 Other Equity 4,363 1,056 3,796 (4,852 ) 4,363 Goodyear Shareholders’ Equity 4,603 1,056 3,796 (4,852 ) 4,603 Minority Shareholders’ Equity — Nonredeemable — — 247 — 247 Total Shareholders’ Equity 4,603 1,056 4,043 (4,852 ) 4,850 Total Liabilities and Shareholders’ Equity $ 11,156 $ 1,458 $ 9,627 $ (5,177 ) $ 17,064 Consolidating Statements of Operations Three Months Ended June 30, 2018 (In millions) Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Net Sales $ 1,834 $ 329 $ 2,406 $ (728 ) $ 3,841 Cost of Goods Sold 1,464 335 1,899 (749 ) 2,949 Selling, Administrative and General Expense 258 8 322 — 588 Rationalizations (1 ) — (1 ) — (2 ) Interest Expense 56 5 22 (5 ) 78 Other (Income) Expense 14 3 8 20 45 Income (Loss) before Income Taxes and Equity in Earnings of Subsidiaries 43 (22 ) 156 6 183 United States and Foreign Taxes (37 ) (5 ) 62 (1 ) 19 Equity in Earnings of Subsidiaries 77 12 — (89 ) — Net Income (Loss) 157 (5 ) 94 (82 ) 164 Less: Minority Shareholders’ Net Income — — 7 — 7 Goodyear Net Income (Loss) $ 157 $ (5 ) $ 87 $ (82 ) $ 157 Comprehensive Income (Loss) $ 2 $ (25 ) $ (123 ) $ 137 $ (9 ) Less: Comprehensive Income (Loss) Attributable to Minority Shareholders — — (11 ) — (11 ) Goodyear Comprehensive Income (Loss) $ 2 $ (25 ) $ (112 ) $ 137 $ 2 Consolidating Statements of Operations Three Months Ended June 30, 2017 (In millions) Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Net Sales $ 1,863 $ 290 $ 2,316 $ (783 ) $ 3,686 Cost of Goods Sold 1,459 284 1,840 (798 ) 2,785 Selling, Administrative and General Expense 247 9 322 1 579 Rationalizations 1 — 26 — 27 Interest Expense 69 2 31 (13 ) 89 Other (Income) Expense 4 2 (15 ) 25 16 Income (Loss) before Income Taxes and Equity in Earnings of Subsidiaries 83 (7 ) 112 2 190 United States and Foreign Taxes 17 (3 ) 20 2 36 Equity in Earnings of Subsidiaries 81 16 — (97 ) — Net Income (Loss) 147 12 92 (97 ) 154 Less: Minority Shareholders’ Net Income — — 7 — 7 Goodyear Net Income (Loss) $ 147 $ 12 $ 85 $ (97 ) $ 147 Comprehensive Income (Loss) $ 198 $ 13 $ 146 $ (145 ) $ 212 Less: Comprehensive Income (Loss) Attributable to Minority Shareholders — — 14 — 14 Goodyear Comprehensive Income (Loss) $ 198 $ 13 $ 132 $ (145 ) $ 198 Consolidating Statements of Operations Six Months Ended June 30, 2018 (In millions) Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Net Sales $ 3,518 $ 638 $ 4,863 $ (1,348 ) $ 7,671 Cost of Goods Sold 2,829 608 3,877 (1,389 ) 5,925 Selling, Administrative and General Expense 517 18 644 — 1,179 Rationalizations 5 — 30 — 35 Interest Expense 110 10 45 (11 ) 154 Other (Income) Expense 24 10 8 40 82 Income (Loss) before Income Taxes and Equity in Earnings of Subsidiaries 33 (8 ) 259 12 296 United States and Foreign Taxes (40 ) (2 ) 92 2 52 Equity in Earnings of Subsidiaries 159 34 — (193 ) — Net Income (Loss) 232 28 167 (183 ) 244 Less: Minority Shareholders’ Net Income — — 12 — 12 Goodyear Net Income (Loss) $ 232 $ 28 $ 155 $ (183 ) $ 232 Comprehensive Income (Loss) $ 186 $ 30 $ 32 $ (66 ) $ 182 Less: Comprehensive Income (Loss) Attributable to Minority Shareholders — — (4 ) — (4 ) Goodyear Comprehensive Income (Loss) $ 186 $ 30 $ 36 $ (66 ) $ 186 Consolidating Statements of Operations Six Months Ended June 30, 2017 (In millions) Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Net Sales $ 3,630 $ 589 $ 4,618 $ (1,452 ) $ 7,385 Cost of Goods Sold 2,837 557 3,634 (1,483 ) 5,545 Selling, Administrative and General Expense 506 17 632 — 1,155 Rationalizations 2 — 54 — 56 Interest Expense 134 4 62 (24 ) 176 Other (Income) Expense (13 ) 6 (15 ) 46 24 Income (Loss) before Income Taxes and Equity in Earnings of Subsidiaries 164 5 251 9 429 United States and Foreign Taxes 60 — 49 (3 ) 106 Equity in Earnings of Subsidiaries 209 31 — (240 ) — Net Income (Loss) 313 36 202 (228 ) 323 Less: Minority Shareholders’ Net Income — — 10 — 10 Goodyear Net Income (Loss) $ 313 $ 36 $ 192 $ (228 ) $ 313 Comprehensive Income (Loss) $ 459 $ 41 $ 340 $ (358 ) $ 482 Less: Comprehensive Income (Loss) Attributable to Minority Shareholders — — 23 — 23 Goodyear Comprehensive Income (Loss) $ 459 $ 41 $ 317 $ (358 ) $ 459 Condensed Consolidating Statement of Cash Flows Six Months Ended June 30, 2018 (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 $ 457 $ (9 ) $ (336 ) $ (196 ) $ (84 ) Cash Flows from Investing Activities: Capital Expenditures (180 ) (41 ) (220 ) (1 ) (442 ) Asset Dispositions — 2 — — 2 Short Term Securities Acquired — — (30 ) — (30 ) Short Term Securities Redeemed — — 38 — 38 Capital Contributions and Loans Incurred (306 ) — (213 ) 519 — Capital Redemptions and Loans Paid 69 — 430 (499 ) — Other Transactions (38 ) — — — (38 ) Total Cash Flows from Investing Activities (455 ) (39 ) 5 19 (470 ) Cash Flows from Financing Activities: Short Term Debt and Overdrafts Incurred 575 — 437 — 1,012 Short Term Debt and Overdrafts Paid (575 ) — (345 ) — (920 ) Long Term Debt Incurred 1,605 15 1,924 — 3,544 Long Term Debt Paid (1,267 ) — (1,666 ) — (2,933 ) Common Stock Issued 3 — — — 3 Common Stock Repurchased (100 ) — — — (100 ) Common Stock Dividends Paid (67 ) — — — (67 ) Capital Contributions and Loans Incurred 213 52 254 (519 ) — Capital Redemptions and Loans Paid (430 ) — (69 ) 499 — Intercompany Dividends Paid — — (197 ) 197 — Transactions with Minority Interests in Subsidiaries — — (26 ) — (26 ) Debt Related Costs and Other Transactions 7 — (1 ) — 6 Total Cash Flows from Financing Activities (36 ) 67 311 177 519 Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash — (2 ) (23 ) — (25 ) Net Change in Cash, Cash Equivalents and Restricted Cash (34 ) 17 (43 ) — (60 ) Cash, Cash Equivalents and Restricted Cash at Beginning of the Period 201 32 877 — 1,110 Cash, Cash Equivalents and Restricted Cash at End of the Period $ 167 $ 49 $ 834 $ — $ 1,050 Condensed Consolidating Statement of Cash Flows Six Months Ended June 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 $ (49 ) $ (30 ) $ (90 ) $ (16 ) $ (185 ) Cash Flows from Investing Activities: Capital Expenditures (190 ) (86 ) (224 ) 3 (497 ) Asset Dispositions 1 — 1 — 2 Short Term Securities Acquired — — (43 ) — (43 ) Short Term Securities Redeemed — — 43 — 43 Capital Contributions and Loans Incurred (62 ) — (30 ) 92 — Capital Redemptions and Loans Paid — — 61 (61 ) — Other Transactions — — (3 ) — (3 ) Total Cash Flows from Investing Activities (251 ) (86 ) (195 ) 34 (498 ) Cash Flows from Financing Activities: Short Term Debt and Overdrafts Incurred 40 — 250 — 290 Short Term Debt and Overdrafts Paid (40 ) — (263 ) — (303 ) Long Term Debt Incurred 2,090 52 1,314 — 3,456 Long Term Debt Paid (1,759 ) — (1,146 ) — (2,905 ) Common Stock Issued 11 — — — 11 Common Stock Repurchased (30 ) — — — (30 ) Common Stock Dividends Paid (50 ) — — — (50 ) Capital Contributions and Loans Incurred 30 62 — (92 ) — Capital Redemptions and Loans Paid (61 ) — — 61 — Intercompany Dividends Paid — — (13 ) 13 — Transactions with Minority Interests in Subsidiaries — — (5 ) — (5 ) Debt Related Costs and Other Transactions (26 ) — (12 ) — (38 ) Total Cash Flows from Financing Activities 205 114 125 (18 ) 426 Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash — 2 35 — 37 Net Change in Cash, Cash Equivalents and Restricted Cash (95 ) — (125 ) — (220 ) 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 $ 115 $ 55 $ 799 $ — $ 969

Accounting Policies (Policies)

Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2018
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, 2017 (the “ 2017 Form 10-K”). Operating results for the three and six months ended June 30, 2018 are not necessarily indicative of the results expected in subsequent quarters or for the year ending December 31, 2018 .
Recently Issued and Adopted Accounting Standards	Recently Adopted Accounting Standards Effective January 1, 2018, we adopted an accounting standards update, and all related amendments, 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 or services. We applied the new guidance to all open contracts at the date of adoption using the modified retrospective method. We recognized the cumulative effect of initially applying the new guidance as an adjustment to the opening balance of retained earnings. The comparative information has not been restated and continues to be reported under the accounting standards in effect for those periods. The cumulative effect of the changes made to our January 1, 2018 balance sheet for the adoption of the standards update was as follows: Balance at Adjustment for Balance at (In millions) December 31, 2017 New Standard January 1, 2018 Accounts Receivable $ 2,025 $ 3 $ 2,028 Prepaid Expenses and Other Current Assets 224 7 231 Deferred Income Taxes — Asset 2,008 1 2,009 Accounts Payable — Trade 2,807 7 2,814 Other Current Liabilities 1,026 7 1,033 Retained Earnings 6,044 (3 ) 6,041 The impact of the adoption of the standards update on our Consolidated Statements of Operations for the three and six month periods ended June 30, 2018 was an increase of $8 million and $7 million , respectively, to Net Sales, and an increase of $6 million and $5 million , respectively, to Net Income . The impact of the adoption of the standards update on our Consolidated Balance Sheet as of June 30, 2018 was as follows: As of June 30, 2018 Balances (In millions) As Reported Without Adoption Effect of Change Accounts Receivable $ 2,388 $ 2,380 $ 8 Prepaid Expenses and Other Current Assets 265 255 10 Deferred Income Taxes — Asset 2,035 2,036 (1 ) Accounts Payable — Trade 2,880 2,875 5 Other Current Liabilities 821 811 10 Retained Earnings 6,208 6,206 2 We do not expect the impact of the adoption of this new standards update to be material to our consolidated financial statements on an ongoing basis. Effective January 1, 2018, we adopted an accounting standards update intended to improve the financial statement presentation of pension and postretirement benefits cost. The new guidance 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. In addition, the new guidance allows only service cost to be capitalized. We applied the new guidance using the retrospective method. In alignment with the new standards update, we reclassified $7 million and $12 million of expense from Cost of Goods Sold ("CGS") and $4 million and $7 million of expense from Selling, Administrative and General Expense (“SAG”), including corporate related costs of $3 million and $6 million , to Other (Income) Expense for the three and six months ended June 30, 2017, respectively. The provision of the new standards update that allows only service cost to be capitalized resulted in an additional one-time charge of $9 million which was recorded in Other (Income) Expense for the six months ended June 30, 2018. We expect service related costs of approximately $35 million per year, including approximately $5 million per year of corporate related costs, will remain in CGS and SAG. Further, we expect approximately $90 million of non-service related costs, including approximately $15 million of corporate related costs and excluding settlement/curtailment charges, to be classified in Other (Income) Expense during 2018. Effective January 1, 2018, we adopted 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 . As a result of using the modified retrospective adoption approach, $2 million was recorded as a cumulative effect adjustment to increase Retained Earnings, with Deferred Income Taxes increasing by $7 million and Other Assets decreasing by $5 million . We do not expect the impact of the adoption of this new standards update to be material to our consolidated financial statements on an ongoing basis. Effective January 1, 2018, we adopted 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 adoption of this standards update did not impact our consolidated financial statements. Recently Issued Accounting Standards In February 2018, the Financial Accounting Standards Board (“FASB”) issued an accounting standards update that allows an optional one-time reclassification from Accumulated Other Comprehensive Income (Loss) to Retained Earnings for the stranded tax effects resulting from the new corporate tax rate under the Tax Cuts and Jobs Act. The new guidance requires additional disclosures, regardless of whether the optional reclassification is elected. The standards update is effective for fiscal years and interim periods beginning after December 15, 2018, with early adoption permitted, and may be applied retrospectively or as of the beginning of the period of adoption. Goodyear has elected not to adopt this optional reclassification. In August 2017, the 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. The adoption of this accounting standards update is not expected to have a material impact on our consolidated financial statements. 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 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 a modified retrospective approach for fiscal years and interim periods beginning after December 15, 2018, with early adoption permitted. As originally issued, the standards update requires application at the beginning of the earliest comparative period presented at the time of adoption. At its November 29, 2017 meeting, the FASB proposed allowing entities the option to instead apply the provisions of the new leases guidance at the effective date, without adjusting the comparative periods presented. While not yet issued, the FASB subsequently approved this update. The standard also provides for certain practical expedients. We have completed aggregating our worldwide lease contracts, are currently in the process of evaluating these lease contracts and are implementing a new lease accounting system to support the accounting and disclosure requirements of this standards update. The adoption of this standards update will have a material impact on our financial statements as we have significant operating lease commitments that are off-balance sheet in accordance with current US GAAP.
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. The restrictions lapse when cash from factored accounts receivable is remitted to the purchaser of those receivables. 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. The restrictions lapse when cash from factored accounts receivable is remitted to the purchaser of those receivables.
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)	6 Months Ended
	Jun. 30, 2018
Accounting Policies [Abstract]
Schedule of New Accounting Pronouncements and Changes in Accounting Principles	The impact of the adoption of the standards update on our Consolidated Balance Sheet as of June 30, 2018 was as follows: As of June 30, 2018 Balances (In millions) As Reported Without Adoption Effect of Change Accounts Receivable $ 2,388 $ 2,380 $ 8 Prepaid Expenses and Other Current Assets 265 255 10 Deferred Income Taxes — Asset 2,035 2,036 (1 ) Accounts Payable — Trade 2,880 2,875 5 Other Current Liabilities 821 811 10 Retained Earnings 6,208 6,206 2 The cumulative effect of the changes made to our January 1, 2018 balance sheet for the adoption of the standards update was as follows: Balance at Adjustment for Balance at (In millions) December 31, 2017 New Standard January 1, 2018 Accounts Receivable $ 2,025 $ 3 $ 2,028 Prepaid Expenses and Other Current Assets 224 7 231 Deferred Income Taxes — Asset 2,008 1 2,009 Accounts Payable — Trade 2,807 7 2,814 Other Current Liabilities 1,026 7 1,033 Retained Earnings 6,044 (3 ) 6,041
Schedule 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: June 30, (In millions) 2018 2017 Cash and Cash Equivalents $ 975 $ 903 Restricted Cash 75 66 Total Cash, Cash Equivalents and Restricted Cash $ 1,050 $ 969
Restrictions on 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: June 30, (In millions) 2018 2017 Cash and Cash Equivalents $ 975 $ 903 Restricted Cash 75 66 Total Cash, Cash Equivalents and Restricted Cash $ 1,050 $ 969

Net Sales (Tables)

Net Sales (Tables)	6 Months Ended
	Jun. 30, 2018
Revenue from Contract with Customer [Abstract]
Disaggregated Net Sales From Contracts with Customers	Six Months Ended June 30, 2018 Europe, Middle East (In millions) Americas and Africa Asia Pacific Total Tire unit sales $ 3,074 $ 2,361 $ 1,029 $ 6,464 Other tire and related sales 294 203 62 559 Retail services and service related sales 281 24 41 346 Chemical 291 — — 291 Other 7 2 2 11 Net Sales by reportable segment $ 3,947 $ 2,590 $ 1,134 $ 7,671 The following table shows disaggregated net sales from contracts with customers by major source: Three Months Ended June 30, 2018 Europe, Middle East (In millions) Americas and Africa Asia Pacific Total Tire unit sales $ 1,568 $ 1,152 $ 511 $ 3,231 Other tire and related sales 159 98 32 289 Retail services and service related sales 144 9 19 172 Chemical 143 — — 143 Other 4 1 1 6 Net Sales by reportable segment $ 2,018 $ 1,260 $ 563 $ 3,841
Balance and Changes in Deferred Revenue Related to Contracts with Customers	The following table presents the balance of deferred revenue related to contracts with customers, and changes during the six months ended June 30, 2018: (In millions) Balance at December 31, 2017 $ 121 Revenue deferred during period 55 Revenue recognized during period (74 ) Impact of foreign currency translation — Balance at June 30, 2018 $ 102

Costs Associated with Rationa28

Costs Associated with Rationalization Programs (Tables)	6 Months Ended
	Jun. 30, 2018
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 Associate- Non-cancelable (In millions) Related Costs Lease Costs Total Balance at December 31, 2017 $ 210 $ 3 $ 213 2018 Charges 36 11 47 Incurred, including net Foreign Currency Translation of $1 million and $0 million, respectively (120 ) (12 ) (132 ) Reversed to the Statements of Operations (12 ) — (12 ) Balance at June 30, 2018 $ 114 $ 2 $ 116
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 Six Months Ended June 30, June 30, (In millions) 2018 2017 2018 2017 Current Year Plans Associate Severance and Other Related Costs $ 1 $ 2 $ 32 $ 25 Other Exit and Non-Cancelable Lease Costs — 1 — 1 Current Year Plans - Net Charges $ 1 $ 3 $ 32 $ 26 Prior Year Plans Associate Severance and Other Related Costs $ (6 ) $ 17 $ (8 ) $ 17 Other Exit and Non-Cancelable Lease Costs 3 7 11 13 Prior Year Plans - Net Charges (3 ) 24 3 30 Total Net Charges $ (2 ) $ 27 $ 35 $ 56 Asset Write-off and Accelerated Depreciation Charges $ 1 $ 21 $ 2 $ 29

Other (Income) Expense (Tables)

Other (Income) Expense (Tables)	6 Months Ended
	Jun. 30, 2018
Other Income and Expenses [Abstract]
Schedule of Other (Income) Expense	Three Months Ended Six Months Ended June 30, June 30, (In millions) 2018 2017 2018 2017 Non-service related pension and other postretirement benefits cost $ 25 $ 11 $ 59 $ 19 Financing fees and financial instruments 9 32 18 40 Royalty income (5 ) (11 ) (10 ) (16 ) Interest income (2 ) (3 ) (6 ) (7 ) Net foreign currency exchange (gains) losses 2 (2 ) (5 ) (3 ) General and product liability expense (income) - discontinued products (3 ) 1 (2 ) 3 Net (gains) losses on asset sales (2 ) (12 ) — (13 ) Miscellaneous expense 21 — 28 1 $ 45 $ 16 $ 82 $ 24

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2018
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 Six Months Ended June 30, June 30, (In millions, except per share amounts) 2018 2017 2018 2017 Earnings per share — basic: Goodyear net income $ 157 $ 147 $ 232 $ 313 Weighted average shares outstanding 239 252 240 252 Earnings per common share — basic $ 0.66 $ 0.58 $ 0.97 $ 1.24 Earnings per share — diluted: Goodyear net income $ 157 $ 147 $ 232 $ 313 Weighted average shares outstanding 239 252 240 252 Dilutive effect of stock options and other dilutive securities 2 4 2 4 Weighted average shares outstanding — diluted 241 256 242 256 Earnings per common share — diluted $ 0.65 $ 0.58 $ 0.96 $ 1.23

Business Segments (Tables)

Business Segments (Tables)	6 Months Ended
	Jun. 30, 2018
Segment Reporting [Abstract]
Business Segment Reporting Information	Three Months Ended Six Months Ended June 30, June 30, (In millions) 2018 2017 2018 2017 Sales: Americas $ 2,018 $ 2,029 $ 3,947 $ 3,987 Europe, Middle East and Africa 1,260 1,114 2,590 2,353 Asia Pacific 563 543 1,134 1,045 Net Sales $ 3,841 $ 3,686 $ 7,671 $ 7,385 Segment Operating Income: Americas $ 154 $ 218 $ 281 $ 434 Europe, Middle East and Africa 100 80 178 181 Asia Pacific 70 71 146 144 Total Segment Operating Income $ 324 $ 369 $ 605 $ 759 Less: Rationalizations $ (2 ) $ 27 $ 35 $ 56 Interest expense 78 89 154 176 Other (income) expense (Note 4) 45 16 82 24 Asset write-offs and accelerated depreciation 1 21 2 29 Corporate incentive compensation plans 3 12 7 27 Intercompany profit elimination (1 ) (2 ) (4 ) (5 ) Retained expenses of divested operations 2 3 5 6 Other 15 13 28 17 Income before Income Taxes $ 183 $ 190 $ 296 $ 429
Charges and Credits Attributable to the SBUs	Rationalizations, as described in Note to the Consolidated Financial Statements No. 3, 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 Six Months Ended June 30, June 30, (In millions) 2018 2017 2018 2017 Rationalizations: Americas $ — $ 1 $ 3 $ 2 Europe, Middle East and Africa (1 ) 26 26 53 Asia Pacific — — 3 1 Total Segment Rationalizations $ (1 ) $ 27 $ 32 $ 56 Corporate (1 ) — 3 — Total Rationalizations $ (2 ) $ 27 $ 35 $ 56 Net (Gains) Losses on Asset Sales: Americas $ (2 ) $ (2 ) $ (2 ) $ (3 ) Europe, Middle East and Africa — (10 ) 2 (10 ) Total Net (Gains) Losses on Asset Sales $ (2 ) $ (12 ) $ — $ (13 ) Asset Write-offs and Accelerated Depreciation: Europe, Middle East and Africa $ 1 $ 21 $ 2 $ 29 Total Asset Write-offs and Accelerated Depreciation $ 1 $ 21 $ 2 $ 29

Financing Arrangements and De32

Financing Arrangements and Derivative Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2018
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: June 30, December 31, (In millions) 2018 2017 Notes payable and overdrafts $ 335 $ 262 Weighted average interest rate 4.17 % 5.00 % Chinese credit facilities $ 57 $ 113 Other foreign and domestic debt (including capital leases) 229 278 Long term debt and capital leases due within one year $ 286 $ 391 Weighted average interest rate 4.89 % 6.86 % Total obligations due within one year $ 621 $ 653
Long Term Debt and Capital Leases, Net	The following table presents long term debt and capital leases, net of unamortized discounts, and interest rates: June 30, 2018 December 31, 2017 Interest Interest (In millions) Amount Rate Amount Rate Notes: 8.75% due 2020 $ 277 $ 275 5.125% due 2023 1,000 1,000 3.75% Euro Notes due 2023 291 300 5% due 2026 900 900 4.875% due 2027 700 700 7% due 2028 150 150 Credit Facilities: $2.0 billion first lien revolving credit facility due 2021 340 3.26 % — — Second lien term loan facility due 2025 400 4.05 % 400 3.50 % €550 million revolving credit facility due 2020 310 3.79 % — — Pan-European accounts receivable facility 177 0.94 % 224 0.90 % Mexican credit facilities 340 3.83 % 340 3.14 % Chinese credit facilities 173 4.99 % 212 4.87 % Other foreign and domestic debt (1) 954 5.43 % 967 6.02 % 6,012 5,468 Unamortized deferred financing fees (39 ) (41 ) 5,973 5,427 Capital lease obligations 39 40 6,012 5,467 Less portion due within one year (286 ) (391 ) $ 5,726 $ 5,076 (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: June 30, December 31, (In millions) 2018 2017 Fair Values — Current asset (liability): Accounts receivable $ 26 $ 3 Other current liabilities (5 ) (9 )
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: June 30, December 31, (In millions) 2018 2017 Fair Values — Current asset (liability): Accounts receivable $ 5 $ 1 Other current liabilities (2 ) (8 ) 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 Six Months Ended June 30, June 30, (In millions) (Income) Expense 2018 2017 2018 2017 Amounts deferred to Accumulated Other Comprehensive Loss ("AOCL") $ (14 ) $ 13 $ (8 ) $ 21 Amount of deferred (gain) loss reclassified from AOCL into CGS 3 (2 ) 7 (4 ) Amounts excluded from effectiveness testing (1 ) — (1 ) (1 )

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2018
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 June 30, 2018 and December 31, 2017 : 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) 2018 2017 2018 2017 2018 2017 2018 2017 Assets: Investments $ 10 $ 11 $ 10 $ 11 $ — $ — $ — $ — Foreign Exchange Contracts 33 4 — — 33 4 — — Total Assets at Fair Value $ 43 $ 15 $ 10 $ 11 $ 33 $ 4 $ — $ — Liabilities: Foreign Exchange Contracts $ 7 $ 19 $ — $ — $ 7 $ 19 $ — $ — Total Liabilities at Fair Value $ 7 $ 19 $ — $ — $ 7 $ 19 $ — $ —
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 June 30, 2018 and December 31, 2017 : June 30, December 31, (In millions) 2018 2017 Fixed Rate Debt (1) : Carrying amount — liability $ 3,604 $ 3,616 Fair value — liability 3,541 3,786 Variable Rate Debt (1) : Carrying amount — liability $ 2,369 $ 1,811 Fair value — liability 2,353 1,811 (1) Excludes Notes Payable and Overdrafts of $ 335 million and $ 262 million at June 30, 2018 and December 31, 2017, respectively, of which $ 184 million and $ 110 million , respectively, are at fixed rates and $ 151 million and $ 152 million , respectively, are at variable rates. The carrying value of Notes Payable and Overdrafts approximates fair value due to the short term nature of the facilities.

Pension Savings And Other Postr

Pension Savings And Other Postretirement Benefit Plans (Tables)	6 Months Ended
	Jun. 30, 2018
Retirement Benefits [Abstract]
Defined Benefit Pension Cost	Defined benefit pension cost follows: U.S. U.S. Three Months Ended Six Months Ended June 30, June 30, (In millions) 2018 2017 2018 2017 Service cost $ 1 $ 1 $ 2 $ 2 Interest cost 39 41 79 81 Expected return on plan assets (54 ) (61 ) (109 ) (121 ) Amortization of net losses 28 28 56 56 Net periodic pension cost $ 14 $ 9 $ 28 $ 18 Net curtailments/settlements/termination benefits 3 1 3 1 Total defined benefit pension cost $ 17 $ 10 $ 31 $ 19 Non-U.S. Non-U.S. Three Months Ended Six Months Ended June 30, June 30, (In millions) 2018 2017 2018 2017 Service cost $ 7 $ 8 $ 14 $ 15 Interest cost 17 18 35 35 Expected return on plan assets (18 ) (20 ) (36 ) (39 ) Amortization of net losses 8 8 15 16 Net periodic pension cost $ 14 $ 14 $ 28 $ 27

Commitments and Contingent Li35

Commitments and Contingent Liabilities (Tables)	6 Months Ended
	Jun. 30, 2018
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. Six Months Ended Year Ended (Dollars in millions) June 30, 2018 December 31, 2017 Pending claims, beginning of period 54,300 64,400 New claims filed 900 1,900 Claims settled/dismissed (5,700 ) (12,000 ) Pending claims, end of period 49,500 54,300 Payments (1) $ 7 $ 16 (1) Represents cash payments made during the period by us and our insurers on asbestos litigation defense and claim resolution.

Changes in Shareholders' Equi36

Changes in Shareholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2018
Equity [Abstract]
Changes In Shareholders' Equity	The following tables present the changes in shareholders’ equity for the six months ended June 30, 2018 and 2017 : June 30, 2018 June 30, 2017 (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 $ 4,603 $ 247 $ 4,850 $ 4,507 $ 218 $ 4,725 Comprehensive income (loss): Net income 232 12 244 313 10 323 Foreign currency translation, net of tax of ($8) in 2018 ($19 in 2017) (133 ) (16 ) (149 ) 121 13 134 Amortization of prior service cost and unrecognized gains and losses included in total benefit cost, net of tax of $16 in 2018 ($21 in 2017) 53 — 53 39 — 39 (Increase)/Decrease in net actuarial losses, net of tax of $6 in 2018 ($1 in 2017) 19 — 19 3 — 3 Immediate recognition of prior service cost and unrecognized gains and losses due to curtailments, settlements, and divestitures, net of tax of $2 in 2018 ($0 in 2017) 4 — 4 — — — Deferred derivative gains (losses), net of tax of $2 in 2018 (($7) in 2017) 6 — 6 (14 ) — (14 ) Reclassification adjustment for amounts recognized in income, net of tax of $2 in 2018 (($1) in 2017) 5 — 5 (3 ) — (3 ) Other comprehensive income (loss) (46 ) (16 ) (62 ) 146 13 159 Total comprehensive income (loss) 186 (4 ) 182 459 23 482 Adoption of new accounting standards updates (Note 1) (1 ) — (1 ) — — — Dividends declared to minority shareholders — (7 ) (7 ) — (5 ) (5 ) Stock-based compensation plans (Note 11) 8 — 8 12 — 12 Repurchase of common stock (Note 13) (100 ) — (100 ) (30 ) — (30 ) Dividends declared (Note 13) (67 ) — (67 ) (50 ) — (50 ) Common stock issued from treasury 3 — 3 11 — 11 Purchase of minority shares 5 (29 ) (24 ) — — — Balance at end of period $ 4,637 $ 207 $ 4,844 $ 4,909 $ 236 $ 5,145

Reclassifications out of Accu37

Reclassifications out of Accumulated Other Comprehensive Loss (Tables)	6 Months Ended
	Jun. 30, 2018
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 six months ended June 30, 2018 and 2017 : (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, 2017 $ (915 ) $ (3,052 ) $ (9 ) $ (3,976 ) Other comprehensive income (loss) before reclassifications, net of tax (133 ) 19 6 (108 ) Amounts reclassified from accumulated other comprehensive loss, net of tax — 57 5 62 Balance at June 30, 2018 $ (1,048 ) $ (2,976 ) $ 2 $ (4,022 ) (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, net of tax 121 3 (14 ) 110 Amounts reclassified from accumulated other comprehensive loss, net of tax — 39 (3 ) 36 Balance at June 30, 2017 $ (1,034 ) $ (3,011 ) $ (7 ) $ (4,052 )
Reclassifications out of Accumulated Other Comprehensive Loss	The following table presents reclassifications out of Accumulated Other Comprehensive Loss: Three Months Ended June 30, Six Months Ended June 30, 2018 2017 2018 2017 (In millions) (Income) Expense Amount Reclassified Amount Reclassified Affected Line Item in the Consolidated Statements of Operations Component of AOCL from AOCL from AOCL Amortization of prior service cost and unrecognized gains and losses $ 34 $ 30 $ 69 $ 60 Other (Income) Expense Immediate recognition of prior service cost and unrecognized gains and losses due to curtailments, settlements, and divestitures 6 — 6 — Other (Income) Expense Unrecognized Net Actuarial Losses and Prior Service Costs, before tax 40 30 75 60 Tax effect (10 ) (11 ) (18 ) (21 ) United States and Foreign Taxes Net of tax $ 30 $ 19 $ 57 $ 39 Goodyear Net Income Deferred Derivative (Gains) Losses, before tax $ 3 $ (2 ) $ 7 $ (4 ) Cost of Goods Sold Tax effect (1 ) — (2 ) 1 United States and Foreign Taxes Net of tax $ 2 $ (2 ) $ 5 $ (3 ) Goodyear Net Income Total reclassifications $ 32 $ 17 $ 62 $ 36 Goodyear Net Income

Consolidating Financial Infor38

Consolidating Financial Information (Tables)	6 Months Ended
	Jun. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Condensed Consolidating Balance Sheet	Condensed Consolidating Balance Sheet June 30, 2018 (In millions) Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Assets: Current Assets: Cash and Cash Equivalents $ 135 $ 49 $ 791 $ — $ 975 Accounts Receivable, net 658 146 1,584 — 2,388 Accounts Receivable From Affiliates — 198 — (198 ) — Inventories 1,522 63 1,375 (19 ) 2,941 Prepaid Expenses and Other Current Assets 79 2 181 3 265 Total Current Assets 2,394 458 3,931 (214 ) 6,569 Goodwill 24 1 426 125 576 Intangible Assets 118 — 20 — 138 Deferred Income Taxes 1,598 31 402 4 2,035 Other Assets 249 49 506 — 804 Investments in Subsidiaries 4,294 517 — (4,811 ) — Property, Plant and Equipment, net 2,470 427 4,363 (27 ) 7,233 Total Assets $ 11,147 $ 1,483 $ 9,648 $ (4,923 ) $ 17,355 Liabilities: Current Liabilities: Accounts Payable-Trade $ 928 $ 119 $ 1,833 $ — $ 2,880 Accounts Payable to Affiliates 65 — 133 (198 ) — Compensation and Benefits 281 14 216 — 511 Other Current Liabilities 345 (9 ) 485 — 821 Notes Payable and Overdrafts — — 335 — 335 Long Term Debt and Capital Leases Due Within One Year 59 — 227 — 286 Total Current Liabilities 1,678 124 3,229 (198 ) 4,833 Long Term Debt and Capital Leases 3,886 167 1,673 — 5,726 Compensation and Benefits 589 97 683 — 1,369 Deferred Income Taxes — — 99 — 99 Other Long Term Liabilities 357 9 118 — 484 Total Liabilities 6,510 397 5,802 (198 ) 12,511 Commitments and Contingent Liabilities Shareholders’ Equity: Goodyear Shareholders’ Equity: Common Stock 237 — — — 237 Other Equity 4,400 1,086 3,639 (4,725 ) 4,400 Goodyear Shareholders’ Equity 4,637 1,086 3,639 (4,725 ) 4,637 Minority Shareholders’ Equity — Nonredeemable — — 207 — 207 Total Shareholders’ Equity 4,637 1,086 3,846 (4,725 ) 4,844 Total Liabilities and Shareholders’ Equity $ 11,147 $ 1,483 $ 9,648 $ (4,923 ) $ 17,355 Condensed Consolidating Balance Sheet December 31, 2017 (In millions) Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Assets: Current Assets: Cash and Cash Equivalents $ 176 $ 32 $ 835 $ — $ 1,043 Accounts Receivable, net 649 116 1,260 — 2,025 Accounts Receivable From Affiliates — 254 71 (325 ) — Inventories 1,444 43 1,329 (29 ) 2,787 Prepaid Expenses and Other Current Assets 59 3 157 5 224 Total Current Assets 2,328 448 3,652 (349 ) 6,079 Goodwill 24 1 444 126 595 Intangible Assets 119 — 20 — 139 Deferred Income Taxes 1,549 35 424 — 2,008 Other Assets 221 51 518 2 792 Investments in Subsidiaries 4,424 503 — (4,927 ) — Property, Plant and Equipment, net 2,491 420 4,569 (29 ) 7,451 Total Assets $ 11,156 $ 1,458 $ 9,627 $ (5,177 ) $ 17,064 Liabilities: Current Liabilities: Accounts Payable-Trade $ 927 $ 115 $ 1,765 $ — $ 2,807 Accounts Payable to Affiliates 325 — — (325 ) — Compensation and Benefits 322 15 202 — 539 Other Current Liabilities 323 2 701 — 1,026 Notes Payable and Overdrafts — — 262 — 262 Long Term Debt and Capital Leases Due Within One Year 60 — 331 — 391 Total Current Liabilities 1,957 132 3,261 (325 ) 5,025 Long Term Debt and Capital Leases 3,544 152 1,380 — 5,076 Compensation and Benefits 682 109 724 — 1,515 Deferred Income Taxes — 1 99 — 100 Other Long Term Liabilities 370 8 120 — 498 Total Liabilities 6,553 402 5,584 (325 ) 12,214 Commitments and Contingent Liabilities Shareholders’ Equity: Goodyear Shareholders’ Equity: Common Stock 240 — — — 240 Other Equity 4,363 1,056 3,796 (4,852 ) 4,363 Goodyear Shareholders’ Equity 4,603 1,056 3,796 (4,852 ) 4,603 Minority Shareholders’ Equity — Nonredeemable — — 247 — 247 Total Shareholders’ Equity 4,603 1,056 4,043 (4,852 ) 4,850 Total Liabilities and Shareholders’ Equity $ 11,156 $ 1,458 $ 9,627 $ (5,177 ) $ 17,064
Consolidating Statements of Operations	Consolidating Statements of Operations Three Months Ended June 30, 2018 (In millions) Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Net Sales $ 1,834 $ 329 $ 2,406 $ (728 ) $ 3,841 Cost of Goods Sold 1,464 335 1,899 (749 ) 2,949 Selling, Administrative and General Expense 258 8 322 — 588 Rationalizations (1 ) — (1 ) — (2 ) Interest Expense 56 5 22 (5 ) 78 Other (Income) Expense 14 3 8 20 45 Income (Loss) before Income Taxes and Equity in Earnings of Subsidiaries 43 (22 ) 156 6 183 United States and Foreign Taxes (37 ) (5 ) 62 (1 ) 19 Equity in Earnings of Subsidiaries 77 12 — (89 ) — Net Income (Loss) 157 (5 ) 94 (82 ) 164 Less: Minority Shareholders’ Net Income — — 7 — 7 Goodyear Net Income (Loss) $ 157 $ (5 ) $ 87 $ (82 ) $ 157 Comprehensive Income (Loss) $ 2 $ (25 ) $ (123 ) $ 137 $ (9 ) Less: Comprehensive Income (Loss) Attributable to Minority Shareholders — — (11 ) — (11 ) Goodyear Comprehensive Income (Loss) $ 2 $ (25 ) $ (112 ) $ 137 $ 2 Consolidating Statements of Operations Three Months Ended June 30, 2017 (In millions) Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Net Sales $ 1,863 $ 290 $ 2,316 $ (783 ) $ 3,686 Cost of Goods Sold 1,459 284 1,840 (798 ) 2,785 Selling, Administrative and General Expense 247 9 322 1 579 Rationalizations 1 — 26 — 27 Interest Expense 69 2 31 (13 ) 89 Other (Income) Expense 4 2 (15 ) 25 16 Income (Loss) before Income Taxes and Equity in Earnings of Subsidiaries 83 (7 ) 112 2 190 United States and Foreign Taxes 17 (3 ) 20 2 36 Equity in Earnings of Subsidiaries 81 16 — (97 ) — Net Income (Loss) 147 12 92 (97 ) 154 Less: Minority Shareholders’ Net Income — — 7 — 7 Goodyear Net Income (Loss) $ 147 $ 12 $ 85 $ (97 ) $ 147 Comprehensive Income (Loss) $ 198 $ 13 $ 146 $ (145 ) $ 212 Less: Comprehensive Income (Loss) Attributable to Minority Shareholders — — 14 — 14 Goodyear Comprehensive Income (Loss) $ 198 $ 13 $ 132 $ (145 ) $ 198 Consolidating Statements of Operations Six Months Ended June 30, 2018 (In millions) Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Net Sales $ 3,518 $ 638 $ 4,863 $ (1,348 ) $ 7,671 Cost of Goods Sold 2,829 608 3,877 (1,389 ) 5,925 Selling, Administrative and General Expense 517 18 644 — 1,179 Rationalizations 5 — 30 — 35 Interest Expense 110 10 45 (11 ) 154 Other (Income) Expense 24 10 8 40 82 Income (Loss) before Income Taxes and Equity in Earnings of Subsidiaries 33 (8 ) 259 12 296 United States and Foreign Taxes (40 ) (2 ) 92 2 52 Equity in Earnings of Subsidiaries 159 34 — (193 ) — Net Income (Loss) 232 28 167 (183 ) 244 Less: Minority Shareholders’ Net Income — — 12 — 12 Goodyear Net Income (Loss) $ 232 $ 28 $ 155 $ (183 ) $ 232 Comprehensive Income (Loss) $ 186 $ 30 $ 32 $ (66 ) $ 182 Less: Comprehensive Income (Loss) Attributable to Minority Shareholders — — (4 ) — (4 ) Goodyear Comprehensive Income (Loss) $ 186 $ 30 $ 36 $ (66 ) $ 186 Consolidating Statements of Operations Six Months Ended June 30, 2017 (In millions) Parent Company Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Entries and Eliminations Consolidated Net Sales $ 3,630 $ 589 $ 4,618 $ (1,452 ) $ 7,385 Cost of Goods Sold 2,837 557 3,634 (1,483 ) 5,545 Selling, Administrative and General Expense 506 17 632 — 1,155 Rationalizations 2 — 54 — 56 Interest Expense 134 4 62 (24 ) 176 Other (Income) Expense (13 ) 6 (15 ) 46 24 Income (Loss) before Income Taxes and Equity in Earnings of Subsidiaries 164 5 251 9 429 United States and Foreign Taxes 60 — 49 (3 ) 106 Equity in Earnings of Subsidiaries 209 31 — (240 ) — Net Income (Loss) 313 36 202 (228 ) 323 Less: Minority Shareholders’ Net Income — — 10 — 10 Goodyear Net Income (Loss) $ 313 $ 36 $ 192 $ (228 ) $ 313 Comprehensive Income (Loss) $ 459 $ 41 $ 340 $ (358 ) $ 482 Less: Comprehensive Income (Loss) Attributable to Minority Shareholders — — 23 — 23 Goodyear Comprehensive Income (Loss) $ 459 $ 41 $ 317 $ (358 ) $ 459
Condensed Consolidating Statement of Cash Flows	Condensed Consolidating Statement of Cash Flows Six Months Ended June 30, 2018 (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 $ 457 $ (9 ) $ (336 ) $ (196 ) $ (84 ) Cash Flows from Investing Activities: Capital Expenditures (180 ) (41 ) (220 ) (1 ) (442 ) Asset Dispositions — 2 — — 2 Short Term Securities Acquired — — (30 ) — (30 ) Short Term Securities Redeemed — — 38 — 38 Capital Contributions and Loans Incurred (306 ) — (213 ) 519 — Capital Redemptions and Loans Paid 69 — 430 (499 ) — Other Transactions (38 ) — — — (38 ) Total Cash Flows from Investing Activities (455 ) (39 ) 5 19 (470 ) Cash Flows from Financing Activities: Short Term Debt and Overdrafts Incurred 575 — 437 — 1,012 Short Term Debt and Overdrafts Paid (575 ) — (345 ) — (920 ) Long Term Debt Incurred 1,605 15 1,924 — 3,544 Long Term Debt Paid (1,267 ) — (1,666 ) — (2,933 ) Common Stock Issued 3 — — — 3 Common Stock Repurchased (100 ) — — — (100 ) Common Stock Dividends Paid (67 ) — — — (67 ) Capital Contributions and Loans Incurred 213 52 254 (519 ) — Capital Redemptions and Loans Paid (430 ) — (69 ) 499 — Intercompany Dividends Paid — — (197 ) 197 — Transactions with Minority Interests in Subsidiaries — — (26 ) — (26 ) Debt Related Costs and Other Transactions 7 — (1 ) — 6 Total Cash Flows from Financing Activities (36 ) 67 311 177 519 Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash — (2 ) (23 ) — (25 ) Net Change in Cash, Cash Equivalents and Restricted Cash (34 ) 17 (43 ) — (60 ) Cash, Cash Equivalents and Restricted Cash at Beginning of the Period 201 32 877 — 1,110 Cash, Cash Equivalents and Restricted Cash at End of the Period $ 167 $ 49 $ 834 $ — $ 1,050 Condensed Consolidating Statement of Cash Flows Six Months Ended June 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 $ (49 ) $ (30 ) $ (90 ) $ (16 ) $ (185 ) Cash Flows from Investing Activities: Capital Expenditures (190 ) (86 ) (224 ) 3 (497 ) Asset Dispositions 1 — 1 — 2 Short Term Securities Acquired — — (43 ) — (43 ) Short Term Securities Redeemed — — 43 — 43 Capital Contributions and Loans Incurred (62 ) — (30 ) 92 — Capital Redemptions and Loans Paid — — 61 (61 ) — Other Transactions — — (3 ) — (3 ) Total Cash Flows from Investing Activities (251 ) (86 ) (195 ) 34 (498 ) Cash Flows from Financing Activities: Short Term Debt and Overdrafts Incurred 40 — 250 — 290 Short Term Debt and Overdrafts Paid (40 ) — (263 ) — (303 ) Long Term Debt Incurred 2,090 52 1,314 — 3,456 Long Term Debt Paid (1,759 ) — (1,146 ) — (2,905 ) Common Stock Issued 11 — — — 11 Common Stock Repurchased (30 ) — — — (30 ) Common Stock Dividends Paid (50 ) — — — (50 ) Capital Contributions and Loans Incurred 30 62 — (92 ) — Capital Redemptions and Loans Paid (61 ) — — 61 — Intercompany Dividends Paid — — (13 ) 13 — Transactions with Minority Interests in Subsidiaries — — (5 ) — (5 ) Debt Related Costs and Other Transactions (26 ) — (12 ) — (38 ) Total Cash Flows from Financing Activities 205 114 125 (18 ) 426 Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash — 2 35 — 37 Net Change in Cash, Cash Equivalents and Restricted Cash (95 ) — (125 ) — (220 ) 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 $ 115 $ 55 $ 799 $ — $ 969

Accounting Policies - Schedule

Accounting Policies - Schedule of Changes in Accounting Policy (Details) - USD ($) $ in Millions	Jun. 30, 2018	Jan. 01, 2018	Dec. 31, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accounts Receivable, net	$ 2,388	$ 2,028	$ 2,025
Prepaid Expenses and Other Current Assets	265	231	224
Deferred Income Taxes	2,035	2,009	2,008
Accounts Payable — Trade	2,880	2,814	2,807
Other Current Liabilities	821	1,033	1,026
Retained Earnings	6,208	6,041	6,044
Calculated under Revenue Guidance in Effect before Topic 606
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accounts Receivable, net			2,025
Prepaid Expenses and Other Current Assets			224
Deferred Income Taxes			2,008
Accounts Payable — Trade			2,807
Other Current Liabilities			1,026
Retained Earnings			$ 6,044
Accounting Standards Update 2014-09 | Calculated under Revenue Guidance in Effect before Topic 606
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accounts Receivable, net	2,380
Prepaid Expenses and Other Current Assets	255
Deferred Income Taxes	2,036
Accounts Payable — Trade	2,875
Other Current Liabilities	811
Retained Earnings	6,206
Accounting Standards Update 2014-09 | Difference between Revenue Guidance in Effect before and after Topic 606
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accounts Receivable, net	8	3
Prepaid Expenses and Other Current Assets	10	7
Deferred Income Taxes	(1)	1
Accounts Payable — Trade	5	7
Other Current Liabilities	10	7
Retained Earnings	$ 2	$ (3)

Accounting Policies - Narrative

Accounting Policies - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net Sales	$ 3,841	$ 3,686	$ 7,671	$ 7,385
Cost of Goods Sold	(2,949)	(2,785)	(5,925)	(5,545)
Net income	(164)	(154)	(244)	(323)
Selling, general and administrative expense	(588)	(579)	(1,179)	(1,155)
Other (income) expense	45	16	82	24
Cumulative effect of adoption of new accounting standards						$ (1)	$ 0
Accounting Standards Update 2014-09 | Difference between Revenue Guidance in Effect before and after Topic 606
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net Sales	8		7
Net income	(6)		(5)
Accounting Standards Update 2016-09
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cost of Goods Sold		7		12
Selling, general and administrative expense		4		7
General and administrative expense		$ 3		$ 6
Other (income) expense			9
Accounting Standards Update 2016-09 | Scenario, Forecast
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net periodic defined benefits expense (reversal of expense)					$ 35
Net periodic defined benefits expense (reversal of expense), corporate related costs					5
Net periodic defined benefits expense (reversal of expense), excluding service cost component					90
Net periodic defined benefits expense (reversal of expense), excluding service cost component, corporate related costs					$ 15
Accounting Standards Update 2016-16 | Deferred Income Taxes
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cumulative effect of adoption of new accounting standards	7		7
Accounting Standards Update 2016-16 | Other assets
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cumulative effect of adoption of new accounting standards	(5)		(5)
Accounting Standards Update 2016-16 | Retained Earnings
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cumulative effect of adoption of new accounting standards	$ 2		$ 2

Accounting Policies - Reconcili

Accounting Policies - Reconciliation of Cash, Cash Equivalents, and Restricted Cash (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017	Dec. 31, 2016
Accounting Policies [Abstract]
Cash and Cash Equivalents	$ 975	$ 1,043	$ 903
Restricted Cash	75		66
Total Cash, Cash Equivalents and Restricted Cash	$ 1,050	$ 1,110	$ 969	$ 1,189

Net Sales - Schedule of Disaggr

Net Sales - Schedule of Disaggregated Revenue (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net Sales	$ 3,841	$ 3,686	$ 7,671	$ 7,385
Tire unit sales
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net Sales	3,231		6,464
Other tire and related sales
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net Sales	289		559
Retail services and service related sales
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net Sales	172		346
Chemical
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net Sales	143		291
Other
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net Sales	6		11
Americas
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net Sales	2,018	2,029	3,947	3,987
Americas | Tire unit sales
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net Sales	1,568		3,074
Americas | Other tire and related sales
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net Sales	159		294
Americas | Retail services and service related sales
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net Sales	144		281
Americas | Chemical
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net Sales	143		291
Americas | Other
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net Sales	4		7
Europe, Middle East and Africa
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net Sales	1,260	1,114	2,590	2,353
Europe, Middle East and Africa | Tire unit sales
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net Sales	1,152		2,361
Europe, Middle East and Africa | Other tire and related sales
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net Sales	98		203
Europe, Middle East and Africa | Retail services and service related sales
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net Sales	9		24
Europe, Middle East and Africa | Chemical
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net Sales	0		0
Europe, Middle East and Africa | Other
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net Sales	1		2
Asia Pacific
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net Sales	563	$ 543	1,134	$ 1,045
Asia Pacific | Tire unit sales
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net Sales	511		1,029
Asia Pacific | Other tire and related sales
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net Sales	32		62
Asia Pacific | Retail services and service related sales
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net Sales	19		41
Asia Pacific | Chemical
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net Sales	0		0
Asia Pacific | Other
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net Sales	$ 1		$ 2

Net Sales - Schedule of Balance

Net Sales - Schedule of Balance of Deferred Revenue Related to Contracts with Customers (Details) $ in Millions	6 Months Ended
	Jun. 30, 2018USD ($)
Revenue from Contract with Customer [Abstract]
Deferred revenue, current	$ 57
Deferred revenue, noncurrent	45
Change in Contract with Customer, Liability [Roll Forward]
Balance at December 31, 2017	121
Revenue deferred during period	55
Revenue recognized during period	(74)
Impact of foreign currency translation	0
Balance at June 30, 2018	$ 102

Costs Associated with Rationa44

Costs Associated with Rationalization Programs - Roll-Forward of the Rationalization Liability Between Periods (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2018
Restructuring Reserve [Roll Forward]
Beginning balance		$ 213
2018 Charges		47
Incurred, including net Foreign Currency Translation of $1 million and $0 million, respectively		(132)
Reversed to the Statements of Operations	$ (7)	(12)
Ending balance	116	116
Associate Severance and Other Related Costs
Restructuring Reserve [Roll Forward]
Beginning balance		210
2018 Charges		36
Incurred, including net Foreign Currency Translation of $1 million and $0 million, respectively		(120)
Reversed to the Statements of Operations		(12)
Ending balance	114	114
Foreign currency translation gain (loss)		1
Other Exit and Non-Cancelable Lease Costs
Restructuring Reserve [Roll Forward]
Beginning balance		3
2018 Charges		11
Incurred, including net Foreign Currency Translation of $1 million and $0 million, respectively		(12)
Reversed to the Statements of Operations		0
Ending balance	$ 2	2
Foreign currency translation gain (loss)		$ 0

Costs Associated with Rationa45

Costs Associated with Rationalization Programs - Narrative (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2018USD ($)employee	Jun. 30, 2017USD ($)	Dec. 31, 2017USD ($)
Restructuring Cost and Reserve [Line Items]
Rationalizations accrual balance	$ 116		$ 116		$ 213
Rationalizations	(2)	$ 27	35	$ 56
Rationalization reversals	7		12
Rationalization charges incurred to date					$ 730
Rationalization charges expected to be incurred in future periods	16		$ 16
Expected number of positions eliminated | employee			600
Current Year Plans
Restructuring Cost and Reserve [Line Items]
Rationalizations	1	3	$ 32	26
Expected number of positions eliminated | employee			300
Number of positions eliminated | employee			100
Prior Year Plans
Restructuring Cost and Reserve [Line Items]
Rationalizations	(3)	24	$ 3	30
Number of positions eliminated | employee			300
Employee Severance
Restructuring Cost and Reserve [Line Items]
Rationalizations accrual balance	44		$ 44
Employee Severance | Current Year Plans
Restructuring Cost and Reserve [Line Items]
Rationalizations	1		26
EMEA Restructuring, Manufacturing Employee Severance
Restructuring Cost and Reserve [Line Items]
Rationalizations accrual balance	40		40
Philippsburg Restructuring
Restructuring Cost and Reserve [Line Items]
Rationalizations accrual balance	8		8
Philippsburg Restructuring | Prior Year Plans
Restructuring Cost and Reserve [Line Items]
Rationalizations	2	18	9	20
Europe, Middle East, and Africa Restructuring Plan - Operating Efficiency
Restructuring Cost and Reserve [Line Items]
Rationalizations accrual balance	$ 11		11
Europe, Middle East, and Africa Restructuring Plan - Operating Efficiency | Current Year Plans
Restructuring Cost and Reserve [Line Items]
Rationalizations		1	$ 6	7
EMEA Restructuring, SAG Employee Severance | Current Year Plans
Restructuring Cost and Reserve [Line Items]
Rationalizations		2		19
Wolverhampton Restructuring Plan | Prior Year Plans
Restructuring Cost and Reserve [Line Items]
Rationalizations		$ 2		$ 5
Amiens Restructuring Plan | Amiens Labor Claims
Restructuring Cost and Reserve [Line Items]
Loss contingency, number of plaintiffs | employee			850

Costs Associated with Rationa46

Costs Associated with Rationalization Programs - Net Rationalization Charges Included in Income Before Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Restructuring Cost and Reserve [Line Items]
Rationalizations	$ (2)	$ 27	$ 35	$ 56
Asset Write-off and Accelerated Depreciation Charges	1	21	2	29
Current Year Plans
Restructuring Cost and Reserve [Line Items]
Rationalizations	1	3	32	26
Current Year Plans | Associate Severance and Other Related Costs
Restructuring Cost and Reserve [Line Items]
Rationalizations	1	2	32	25
Current Year Plans | Other Exit and Non-Cancelable Lease Costs
Restructuring Cost and Reserve [Line Items]
Rationalizations	0	1	0	1
Prior Year Plans
Restructuring Cost and Reserve [Line Items]
Rationalizations	(3)	24	3	30
Prior Year Plans | Associate Severance and Other Related Costs
Restructuring Cost and Reserve [Line Items]
Rationalizations	(6)	17	(8)	17
Prior Year Plans | Other Exit and Non-Cancelable Lease Costs
Restructuring Cost and Reserve [Line Items]
Rationalizations	$ 3	$ 7	$ 11	$ 13

Other (Income) Expense - Schedu

Other (Income) Expense - Schedule of Other Income and Expense (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Other Income and Expenses [Abstract]
Non-service related pension and other postretirement benefits cost	$ 25	$ 11	$ 59	$ 19
Financing fees and financial instruments	9	32	18	40
Royalty income	(5)	(11)	(10)	(16)
Interest income	(2)	(3)	(6)	(7)
Net foreign currency exchange (gains) losses	2	(2)	(5)	(3)
General and product liability expense (income) - discontinued products	(3)	1	(2)	3
Net (gains) losses on asset sales	(2)	(12)	0	(13)
Miscellaneous expense	21	0	28	1
Other (income) expense	$ 45	$ 16	$ 82	$ 24

Other (Income) Expense - Narrat

Other (Income) Expense - Narrative (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Other (Income) Expense [Line Items]
Other (income) expense	$ 45,000,000	$ 16,000,000	$ 82,000,000	$ 24,000,000
Insurance recoveries			2,000,000
Gain (loss) on changes in liability assumptions, probably insurance recoveries			2,000,000
Gain (loss) on disposition of assets		6,000,000		6,000,000
Professional fees	10,000,000		14,000,000
Insurance deductible	$ 8,000,000		11,000,000
7% Senior Notes Due 2022 | Senior Notes
Other (Income) Expense [Line Items]
Payment for debt extinguishment or debt prepayment cost		25,000,000		25,000,000
Debt instrument, face amount		$ 700,000,000		$ 700,000,000
Interest rate, stated percentage		7.00%		7.00%
Accounting Standards Update, Pension and Postretirement Benefits Cost | Restatement Adjustment
Other (Income) Expense [Line Items]
Other (income) expense			$ 9,000,000

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended			6 Months Ended		12 Months Ended
	Jun. 30, 2018	Mar. 31, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2018	Dec. 31, 2017
Income Tax Contingency [Line Items]
Tax expense	$ 19		$ 36	$ 52	$ 106
Income before income taxes	183		190	296	429
Favorable impact on income tax expense, discrete tax adjustments	28		$ 9	21	$ 11
Foreign tax credits on dividends	25
Transition tax expense (benefit)	(4)	$ 7
Provisional liability	80			80			$ 77
Provisional liability, increase (decrease) during period	(4)	$ 7
Provision for undistributed foreign earnings amount	$ 8			$ 8			19
Tax credit carryforwards, foreign							$ 750
Scenario, Forecast
Income Tax Contingency [Line Items]
Change in valuation allowance (up to)						$ 20

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		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Earnings per share — basic:
Goodyear net income	$ 157	$ 147	$ 232	$ 313
Weighted average shares outstanding (shares)	239	252	240	252
Earnings per common share — basic (dollars per share)	$ 0.66	$ 0.58	$ 0.97	$ 1.24
Earnings per share — diluted:
Goodyear net income	$ 157	$ 147	$ 232	$ 313
Weighted average shares outstanding (shares)	239	252	240	252
Dilutive effect of stock options and other dilutive securities (shares)	2	4	2	4
Weighted average shares outstanding — diluted (shares)	241	256	242	256
Earnings per common share — diluted (dollars per share)	$ 0.65	$ 0.58	$ 0.96	$ 1.23

Earnings Per Share - Narrative

Earnings Per Share - Narrative (Details) - shares shares in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Underwater Stock Options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Equivalent shares excluded from weighted average shares outstanding (shares)	2	1	1	1

Business Segments - Reporting I

Business Segments - Reporting Information (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Business Segment Reporting Information
Net Sales	$ 3,841	$ 3,686	$ 7,671	$ 7,385
Rationalizations	(2)	27	35	56
Interest expense	78	89	154	176
Other (income) expense	45	16	82	24
Asset write-offs and accelerated depreciation	1	21	2	29
Income before Income Taxes	183	190	296	429
Operating Segments
Business Segment Reporting Information
Rationalizations	(1)	27	32	56
Income before Income Taxes	324	369	605	759
Segment Reconciling Items
Business Segment Reporting Information
Rationalizations	(2)	27	35	56
Interest expense	78	89	154	176
Other (income) expense	45	16	82	24
Asset write-offs and accelerated depreciation	1	21	2	29
Corporate incentive compensation plans	3	12	7	27
Intercompany profit elimination	(1)	(2)	(4)	(5)
Retained expenses of divested operations	2	3	5	6
Other
Business Segment Reporting Information
Other	15	13	28	17
Americas
Business Segment Reporting Information
Net Sales	2,018	2,029	3,947	3,987
Americas | Operating Segments
Business Segment Reporting Information
Rationalizations	0	1	3	2
Income before Income Taxes	154	218	281	434
Europe, Middle East and Africa
Business Segment Reporting Information
Net Sales	1,260	1,114	2,590	2,353
Asset write-offs and accelerated depreciation	1	21	2	29
Europe, Middle East and Africa | Operating Segments
Business Segment Reporting Information
Rationalizations	(1)	26	26	53
Income before Income Taxes	100	80	178	181
Asia Pacific
Business Segment Reporting Information
Net Sales	563	543	1,134	1,045
Asia Pacific | Operating Segments
Business Segment Reporting Information
Rationalizations	0	0	3	1
Income before Income Taxes	$ 70	$ 71	$ 146	$ 144

Business Segments - Charges and

Business Segments - Charges and Credits Attributable to the SBUs (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Segment Reporting Information [Line Items]
Rationalizations	$ (2)	$ 27	$ 35	$ 56
Net (gains) losses on asset sales	(2)	(12)	0	(13)
Asset write-offs and accelerated depreciation	1	21	2	29
Americas
Segment Reporting Information [Line Items]
Net (gains) losses on asset sales	(2)	(2)	(2)	(3)
Europe, Middle East and Africa
Segment Reporting Information [Line Items]
Net (gains) losses on asset sales	0	(10)	2	(10)
Asset write-offs and accelerated depreciation	1	21	2	29
Operating Segments
Segment Reporting Information [Line Items]
Rationalizations	(1)	27	32	56
Operating Segments | Americas
Segment Reporting Information [Line Items]
Rationalizations	0	1	3	2
Operating Segments | Europe, Middle East and Africa
Segment Reporting Information [Line Items]
Rationalizations	(1)	26	26	53
Operating Segments | Asia Pacific
Segment Reporting Information [Line Items]
Rationalizations	0	0	3	1
Corporate
Segment Reporting Information [Line Items]
Rationalizations	$ (1)	$ 0	$ 3	$ 0

Financing Arrangements and De54

Financing Arrangements and Derivative Financial Instruments - Other Narrative (Details) $ in Millions	Jun. 30, 2018USD ($)
Debt Instrument [Line Items]
Credit arrangements	$ 8,632
Credit arrangements, unused amount	$ 2,248
Debt, percentage bearing variable interest rate	40.00%
Long-term Debt
Debt Instrument [Line Items]
Credit arrangements	$ 8,044
Credit arrangements, unused amount	1,995
Short-term Debt
Debt Instrument [Line Items]
Credit arrangements	588
Credit arrangements, unused amount	$ 253
Variable Rate Credit Arrangements
Debt Instrument [Line Items]
Interest rate	4.08%

Financing Arrangements and De55

Financing Arrangements and Derivative Financial Instruments - Schedule of Notes Payable and Overdrafts, Long Term Debt and Capital Leases Due Within One Year (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Notes payable and overdrafts, long term debt and capital leases due within one year
Notes payable and overdrafts	$ 335	$ 262
Long term debt and capital leases due within one year
Long term debt and capital leases due within one year	286	391
Total obligations due within one year	621	653
Other Foreign and Domestic Debt
Long term debt and capital leases due within one year
Long term debt and capital leases due within one year	$ 229	$ 278
Weighted average interest rate	5.43%	6.02%
Chinese Credit Facilities | Foreign Line of Credit | Line of Credit
Long term debt and capital leases due within one year
Long term debt and capital leases due within one year	$ 57	$ 113
Weighted average interest rate	4.99%	4.87%
Notes payable and overdrafts
Notes payable and overdrafts, long term debt and capital leases due within one year
Weighted average interest rate	4.17%	5.00%
Long term debt and capital leases due within one year
Long term debt and capital leases due within one year
Weighted average interest rate	4.89%	6.86%

Financing Arrangements and De56

Financing Arrangements and Derivative Financial Instruments - Schedule of Long Term Debt and Capital Leases and Financing Arrangements (Details)	Jun. 30, 2018USD ($)	Jun. 30, 2018EUR (€)	Dec. 31, 2017USD ($)	Dec. 31, 2017EUR (€)	Oct. 16, 2017EUR (€)
Long-term Debt and Capital Lease Obligations [Abstract]
Long-term debt, before deferred financing fees	$ 6,012,000,000		$ 5,468,000,000
Unamortized deferred financing fees	(39,000,000)		(41,000,000)
Total long term debt excluding capital leases	5,973,000,000		5,427,000,000
Capital lease obligations	39,000,000		40,000,000
Long-term debt and capital lease obligations, including current maturities	6,012,000,000		5,467,000,000
Less portion due within one year	(286,000,000)		(391,000,000)
Long-term debt and capital lease obligations, excluding current maturities	5,726,000,000		5,076,000,000
Senior Notes | 8.75% due 2020
Long-term Debt and Capital Lease Obligations [Abstract]
Long-term debt, before deferred financing fees	$ 277,000,000		$ 275,000,000
Interest rate, stated percentage	8.75%	8.75%	8.75%	8.75%
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%	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%	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		$ 700,000,000
Interest rate, stated percentage	4.875%	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%	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	$ 291,000,000		$ 300,000,000
Interest rate, stated percentage	3.75%	3.75%	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	$ 340,000,000		$ 0
Interest rate	3.26%	3.26%	0.00%	0.00%
Maximum borrowing capacity	$ 2,000,000,000		$ 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	$ 310,000,000		$ 0
Interest rate	3.79%	3.79%	0.00%	0.00%
Maximum borrowing capacity | €		€ 550,000,000		€ 550,000,000
Line of Credit | Secured Debt | Second lien term loan facility due 2025
Long-term Debt and Capital Lease Obligations [Abstract]
Long-term debt, before deferred financing fees	$ 400,000,000		$ 400,000,000
Interest rate	4.05%	4.05%	3.50%	3.50%
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	$ 177,000,000		$ 224,000,000
Interest rate	0.94%	0.94%	0.90%	0.90%
Maximum borrowing capacity | €					€ 275,000,000
Line of Credit | Foreign Line of Credit | Mexican credit facilities
Long-term Debt and Capital Lease Obligations [Abstract]
Long-term debt, before deferred financing fees	$ 340,000,000		$ 340,000,000
Interest rate	3.83%	3.83%	3.14%	3.14%
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	$ 173,000,000		$ 212,000,000
Less portion due within one year	$ (57,000,000)		$ (113,000,000)
Interest rate	4.99%	4.99%	4.87%	4.87%
Other Foreign and Domestic Debt
Long-term Debt and Capital Lease Obligations [Abstract]
Long-term debt, before deferred financing fees	$ 954,000,000		$ 967,000,000
Less portion due within one year	$ (229,000,000)		$ (278,000,000)
Interest rate	5.43%	5.43%	6.02%	6.02%

Financing Arrangements and De57

Financing Arrangements and Derivative Financial Instruments - Notes and Credit Facilities Narrative (Details)	1 Months Ended	6 Months Ended
	Mar. 31, 2017	Jun. 30, 2018USD ($)	Jun. 30, 2018EUR (€)	Dec. 31, 2017USD ($)	Dec. 31, 2017EUR (€)	Oct. 16, 2017EUR (€)
Debt Instrument [Line Items]
Notes payable		$ 3,318,000,000		$ 3,325,000,000
Long-term debt, before deferred financing fees		6,012,000,000		5,468,000,000
$2.0 Billion First Lien Revolving Credit Facility due 2021 | Line of Credit
Debt Instrument [Line Items]
Maximum borrowing capacity		2,000,000,000
Additional borrowing capacity which may be requested		250,000,000
$2.0 Billion First Lien Revolving Credit Facility due 2021 | Line of Credit | Letter of Credit
Debt Instrument [Line Items]
Maximum borrowing capacity		800,000,000
Letters of credit outstanding		$ 37,000,000		37,000,000
$2.0 Billion First Lien Revolving Credit Facility due 2021 | Line of Credit | Letter of Credit | LIBOR
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate		1.25%
$2.0 Billion First Lien Revolving Credit Facility due 2021 | Line of Credit | Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 2,000,000,000		2,000,000,000
Annual commitment fee on undrawn amounts		0.30%
Borrowing base amount below stated amount		$ 361,000,000
Long-term debt, before deferred financing fees		340,000,000		0
Maximum borrowing base increase based on value of certain cash		200,000,000
Second lien term loan facility due 2025 | Line of Credit | Secured Debt
Debt Instrument [Line Items]
Long-term debt, before deferred financing fees		$ 400,000,000		400,000,000
Fee amount to reduce effect rate, percentage of Principal Amount		1.00%	1.00%
Leverage ratio threshold		1.25	1.25
Debt instrument, optional reduction of basis spreads on variable rates	0.25%
Second lien term loan facility due 2025 | Line of Credit | Secured Debt | LIBOR
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	2.00%
Debt instrument, basis spread on reference rate	1.00%
Second lien term loan facility due 2025 | Line of Credit | Secured Debt | Alternative Base Rate
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	1.00%
Second lien term loan facility due 2025 | Line of Credit | Secured Debt | Federal Funds Rate
Debt Instrument [Line Items]
Debt instrument, basis spread on reference rate	0.50%
European Revolving Credit Facility | Line of Credit | Letter of Credit
Debt Instrument [Line Items]
Maximum borrowing capacity | €			€ 50,000,000
Letters of credit outstanding		$ 0		0
European Revolving Credit Facility | Line of Credit | Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity | €			550,000,000
Annual commitment fee on undrawn amounts		0.30%
Amount outstanding				0
European Revolving Credit Facility | Line of Credit | Revolving Credit Facility | LIBOR
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate		1.75%
European Revolving Credit Facility | Line of Credit | Revolving Credit Facility | EURIBOR
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate		1.75%
European Revolving Credit Facility | Line of Credit | German Tranche
Debt Instrument [Line Items]
Maximum borrowing capacity | €			125,000,000
Amount outstanding		$ 140,000,000	120,000,000
European Revolving Credit Facility | Line of Credit | All-borrower Tranche
Debt Instrument [Line Items]
Maximum borrowing capacity | €			425,000,000
Amount outstanding		170,000,000	146,000,000
European Revolving Credit Facility | Line of Credit | Swingline Loan
Debt Instrument [Line Items]
Maximum borrowing capacity | €			150,000,000
Pan-European Accounts Receivable Facility | Line of Credit | Secured Debt
Debt Instrument [Line Items]
Maximum borrowing capacity | €						€ 275,000,000
Long-term debt, before deferred financing fees		177,000,000		224,000,000
Current borrowing capacity		177,000,000	152,000,000	224,000,000	€ 187,000,000
Pan-European Accounts Receivable Facility | Line of Credit | Secured Debt | Minimum
Debt Instrument [Line Items]
Maximum borrowing capacity | €			30,000,000
Pan-European Accounts Receivable Facility | Line of Credit | Secured Debt | Maximum
Debt Instrument [Line Items]
Maximum borrowing capacity | €			€ 450,000,000
Accounts Receivable Factoring Facilities | Secured Debt
Debt Instrument [Line Items]
Off-balance sheet receivables sold		513,000,000		572,000,000
Mexican credit facilities | Line of Credit | Foreign Line of Credit
Debt Instrument [Line Items]
Long-term debt, before deferred financing fees		340,000,000		340,000,000
Chinese Credit Facilities | Secured Debt
Debt Instrument [Line Items]
Amount outstanding		173,000,000		212,000,000
Unused availability		123,000,000
Restricted cash related to funds obtained under credit facilities		9,000,000		7,000,000
Chinese Credit Facilities | Line of Credit | Foreign Line of Credit
Debt Instrument [Line Items]
Long-term debt, before deferred financing fees		$ 173,000,000		$ 212,000,000

Financing Arrangements and De58

Financing Arrangements and Derivative Financial Instruments - Fair Values for Foreign Currency Contracts (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Not Designated as Hedging Instrument
Derivative Instruments and Hedging Activities Disclosures
Foreign currency derivatives, notional amount	$ 1,928		$ 1,928		$ 1,409
Foreign currency derivatives, net transaction gains (losses)	43	$ (41)	45	$ (45)
Designated as Hedging Instrument
Derivative Instruments and Hedging Activities Disclosures
Foreign currency derivatives, notional amount	263		263		250
Accounts receivable
Derivative Instruments and Hedging Activities Disclosures
Fair value - asset, not designated as hedging instruments	26		26		3
Fair value - asset, designated as hedging instruments	5		5		1
Other current liabilities
Derivative Instruments and Hedging Activities Disclosures
Fair value - liability, not designated as hedging instruments	(5)		(5)		(9)
Fair value - liability, designated as hedging instruments	(2)		(2)		(8)
Other assets
Derivative Instruments and Hedging Activities Disclosures
Fair value - asset, designated as hedging instruments	2		2		0
Other long term liabilities
Derivative Instruments and Hedging Activities Disclosures
Fair value - liability, designated as hedging instruments	$ 0		$ 0		$ (2)

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		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Financing Arrangements and Derivative Financial Instruments [Abstract]
Amounts deferred to Accumulated Other Comprehensive Loss (AOCL)	$ (14)	$ 13	$ (8)	$ 21
Amount of deferred (gain) loss reclassified from AOCL into CGS	3	(2)	7	(4)
Amounts excluded from effectiveness testing	$ (1)	$ 0	$ (1)	$ (1)

Fair Value Measurements - Infor

Fair Value Measurements - Information about Assets and Liabilities Recorded at Fair Value (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Assets:
Investments	$ 10	$ 11
Foreign Exchange Contracts	33	4
Total Assets at Fair Value	43	15
Liabilities:
Foreign Exchange Contracts	7	19
Total Liabilities at Fair Value	7	19
Quoted Prices in Active Markets for Identical Assets/Liabilities (Level 1)
Assets:
Investments	10	11
Foreign Exchange Contracts	0	0
Total Assets at Fair Value	10	11
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	33	4
Total Assets at Fair Value	33	4
Liabilities:
Foreign Exchange Contracts	7	19
Total Liabilities at Fair Value	7	19
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	Jun. 30, 2018	Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying amount — liability	$ 5,973	$ 5,427
Notes payable and overdrafts	335	262
Fixed Rate Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying amount — liability	3,604	3,616
Fair value — liability	3,541	3,786
Notes payable and overdrafts	184	110
Variable Rate Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying amount — liability	2,369	1,811
Fair value — liability	2,353	1,811
Notes payable and overdrafts	$ 151	$ 152

Fair Value Measurements - Narra

Fair Value Measurements - Narrative (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
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	$ 3,618	$ 3,857

Pension, Savings and Other Po63

Pension, Savings and Other Postretirement Benefit Plans - Defined Benefit Pension Cost (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
U.S.
Defined Benefit Plan, Net Periodic Benefit Cost
Service cost	$ 1	$ 1	$ 2	$ 2
Interest cost	39	41	79	81
Expected return on plan assets	(54)	(61)	(109)	(121)
Amortization of net losses	28	28	56	56
Net periodic pension cost	14	9	28	18
Net curtailments/settlements/termination benefits	3	1	3	1
Total defined benefit pension cost	17	10	31	19
Non-U.S.
Defined Benefit Plan, Net Periodic Benefit Cost
Service cost	7	8	14	15
Interest cost	17	18	35	35
Expected return on plan assets	(18)	(20)	(36)	(39)
Amortization of net losses	8	8	15	16
Net periodic pension cost	$ 14	$ 14	$ 28	$ 27

Pension, Savings and Other Po64

Pension, Savings and Other Postretirement Benefit Plans - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Defined Benefit Plan Disclosure [Line Items]
Defined contribution savings plan, contribution expense recognized	$ 28	$ 28	$ 57	$ 58
Postretirement benefits expense (credit)	3	$ (1)	6	$ (3)
Non-U.S.
Defined Benefit Plan Disclosure [Line Items]
Contributions to pension plans	8		19
Minimum | Non-U.S.
Defined Benefit Plan Disclosure [Line Items]
Expected contribution to funded pension plans in current year	25		25
Maximum | Non-U.S.
Defined Benefit Plan Disclosure [Line Items]
Expected contribution to funded pension plans in current year	$ 50		$ 50

Stock Compensation Plans - Narr

Stock Compensation Plans - Narrative (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 3	$ 6	$ 5	$ 12
Unearned compensation cost related to the unvested portion of all stock-based awards	$ 39		$ 39
Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity instruments granted (shares)			0.8
Weighted average fair value per share granted (dollars per share)			$ 29.46
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)			$ 29.04

Commitments and Contingent Li66

Commitments and Contingent Liabilities - Narrative (Details) € in Millions, $ in Millions	6 Months Ended
	Jun. 30, 2018USD ($)employeeclaim	Jun. 30, 2018EUR (€)claim	Dec. 31, 2017USD ($)	Dec. 31, 2015USD ($)
Loss Contingencies [Line Items]
Environmental matters liability	$ 46		$ 46
Workers' compensation liability	$ 237		243
Period covered by liability	10 years
Off-balance sheet financial guarantees written and other commitments	$ 78		82
Workers' Compensation
Loss Contingencies [Line Items]
Potential workers' compensation liability in excess of recorded amount	30
General Product Liability Member
Loss Contingencies [Line Items]
Potential product liability or claim, including related legal fees	317		316
Asbestos Related Product Liability
Loss Contingencies [Line Items]
Potential product liability or claim, including related legal fees	$ 168		167
Number of asbestos claims settled and dismissed, to date | claim	140,400	140,400
Sum of accrued asbestos-related liability and gross payments to date, including legal costs	$ 537		529
Loss contingency, receivable	$ 116		113
Percentage of asbestos claim related losses recoverable through insurance	70.00%	70.00%
Loss contingency, receivable, current	$ 15		15
Aggregate limits of excess insurance policies			440
Amiens Labor Claims
Loss Contingencies [Line Items]
Wrongful termination or other claims against company	$ 139	€ 119
Amiens Labor Claims | Amiens Restructuring Plan
Loss Contingencies [Line Items]
Loss contingency, number of plaintiffs | employee	850
Unfavorable Regulatory Action
Loss Contingencies [Line Items]
Guarantor obligations, maximum exposure	$ 44		47
Insurance Claims
Loss Contingencies [Line Items]
Guarantor obligations, maximum exposure	33			$ 46
Other Current Liabilities
Loss Contingencies [Line Items]
Environmental matters liability, current	11		10
Other Current Liabilities | General Product Liability Member
Loss Contingencies [Line Items]
Potential product liability or claim, including related legal fees	52		55
Compensation and Benefits
Loss Contingencies [Line Items]
Workers' compensation liability, current	46		$ 45
Accounts receivable | SRI
Loss Contingencies [Line Items]
Indemnification asset	4
Other assets
Loss Contingencies [Line Items]
Indemnification asset	$ 31

Commitments and Contingent Li67

Commitments and Contingent Liabilities - Summary of Asbestos Claims Activity (Details) - Asbestos Related Product Liability $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2018USD ($)claim	Dec. 31, 2017USD ($)claim
Number of claims filed
Pending claims, beginning of period	54,300	64,400
New claims filed	900	1,900
Claims settled/dismissed	(5,700)	(12,000)
Pending claims, end of period	49,500	54,300
Payments | $	$ 7	$ 16

Capital Stock (Details)

Capital Stock (Details) - USD ($)	Jul. 14, 2018	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Feb. 02, 2017
Class of Stock [Line Items]
Cash dividends paid				$ 67,000,000	$ 50,000,000
Cash dividends declared (dollars per share)		$ 0.14	$ 0.10	$ 0.28	$ 0.2
Payments for repurchase of stock				$ 100,000,000	$ 30,000,000
Common Stock
Class of Stock [Line Items]
Cash dividends paid				$ 67,000,000
Stock repurchase program, authorized amount							$ 2,100,000,000
Shares repurchased (shares)		2,976,414		3,851,092		47,820,749
Average price of shares repurchased (dollars per share)		$ 25.20		$ 25.97		$ 29.56
Payments for repurchase of stock		$ 75,000,000		$ 100,000,000		$ 1,413,000,000
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	$ 33,000,000

Changes in Shareholders' Equi69

Changes in Shareholders' Equity - Changes in Shareholders' Equity (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017	Dec. 31, 2016
Increase (Decrease) in Stockholders' Equity
Balance at beginning of period			$ 4,850	$ 4,725
Comprehensive income (loss):
Net income	$ 164	$ 154	244	323
Foreign currency translation, net of tax of ($8) in 2018 ($19 in 2017)	(231)	50	(149)	134
Amortization of prior service cost and unrecognized gains and losses included in total benefit cost, net of tax of $16 in 2018 ($21 in 2017)	26	19	53	39
(Increase)/Decrease in net actuarial losses, net of tax of $6 in 2018 ($1 in 2017)	16	(1)	19	3
Immediate recognition of prior service cost and unrecognized gains and losses due to curtailments, settlements, and divestitures, net of tax of $2 in 2018 ($0 in 2017)	4	0	4	0
Deferred derivative gains (losses), net of tax of $2 in 2018 (($7) in 2017)	10	(8)	6	(14)
Reclassification adjustment for amounts recognized in income, net of tax of $2 in 2018 (($1) in 2017)	2	(2)	5	(3)
Other Comprehensive Income (Loss)	(173)	58	(62)	159
Comprehensive Income (Loss)	(9)	212	182	482
Adoption of new accounting standards updates (Note 1)					$ (1)	$ 0
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders			(7)	(5)
Stock-based compensation plans			8	12
Repurchase of common stock			(100)	(30)
Dividends declared			(67)	(50)
Common stock issued from treasury			3	11
Purchase of minority shares			(24)	0
Balance at end of period	4,844	5,145	4,844	5,145
Foreign currency translation, tax	(6)	16	(8)	19
Amortization of prior service cost and unrecognized gains and (losses) included in total benefit cost, tax	8	11	16	21
(Increase)/Decrease in net actuarial losses, tax	5	0	6	1
Immediate recognition of prior service cost and unrecognized gains and losses due to curtailments, settlements, and divestitures, tax	2	0	2	0
Deferred derivative gains (losses), tax	4	(5)	2	(7)
Reclassification adjustment for amounts recognized in income, tax	1	0	2	(1)
Goodyear Shareholders’ Equity
Increase (Decrease) in Stockholders' Equity
Balance at beginning of period			4,603	4,507
Comprehensive income (loss):
Net income			232	313
Foreign currency translation, net of tax of ($8) in 2018 ($19 in 2017)			(133)	121
Amortization of prior service cost and unrecognized gains and losses included in total benefit cost, net of tax of $16 in 2018 ($21 in 2017)			53	39
(Increase)/Decrease in net actuarial losses, net of tax of $6 in 2018 ($1 in 2017)			19	3
Immediate recognition of prior service cost and unrecognized gains and losses due to curtailments, settlements, and divestitures, net of tax of $2 in 2018 ($0 in 2017)			4	0
Deferred derivative gains (losses), net of tax of $2 in 2018 (($7) in 2017)			6	(14)
Reclassification adjustment for amounts recognized in income, net of tax of $2 in 2018 (($1) in 2017)			5	(3)
Other Comprehensive Income (Loss)			(46)	146
Comprehensive Income (Loss)			186	459
Adoption of new accounting standards updates (Note 1)					(1)	0
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders			0	0
Stock-based compensation plans			8	12
Repurchase of common stock			(100)	(30)
Dividends declared			(67)	(50)
Common stock issued from treasury			3	11
Purchase of minority shares			5	0
Balance at end of period	4,637	4,909	4,637	4,909
Minority Shareholders’ Equity – Nonredeemable
Increase (Decrease) in Stockholders' Equity
Balance at beginning of period			247	218
Comprehensive income (loss):
Net income			12	10
Foreign currency translation, net of tax of ($8) in 2018 ($19 in 2017)			(16)	13
Amortization of prior service cost and unrecognized gains and losses included in total benefit cost, net of tax of $16 in 2018 ($21 in 2017)			0	0
(Increase)/Decrease in net actuarial losses, net of tax of $6 in 2018 ($1 in 2017)			0	0
Immediate recognition of prior service cost and unrecognized gains and losses due to curtailments, settlements, and divestitures, net of tax of $2 in 2018 ($0 in 2017)			0	0
Deferred derivative gains (losses), net of tax of $2 in 2018 (($7) in 2017)			0	0
Reclassification adjustment for amounts recognized in income, net of tax of $2 in 2018 (($1) in 2017)			0	0
Other Comprehensive Income (Loss)			(16)	13
Comprehensive Income (Loss)			(4)	23
Adoption of new accounting standards updates (Note 1)					$ 0	$ 0
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders			(7)	(5)
Stock-based compensation plans			0	0
Repurchase of common stock			0	0
Dividends declared			0	0
Common stock issued from treasury			0	0
Purchase of minority shares			(29)	0
Balance at end of period	$ 207	$ 236	$ 207	$ 236

Reclassifications out of Accu70

Reclassifications out of Accumulated Other Comprehensive Loss - Changes in Accumulated Other Comprehensive Loss by Component (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Changes in Accumulated Other Comprehensive Loss [Roll Forward]
Balance at beginning of period	$ 4,850	$ 4,725
Balance at end of period	4,844	5,145
Foreign Currency Translation Adjustment
Changes in Accumulated Other Comprehensive Loss [Roll Forward]
Balance at beginning of period	(915)	(1,155)
Other comprehensive income (loss) before reclassifications, net of tax	(133)	121
Amounts reclassified from accumulated other comprehensive loss, net of tax	0	0
Balance at end of period	(1,048)	(1,034)
Unrecognized Net Actuarial Losses and Prior Service Costs
Changes in Accumulated Other Comprehensive Loss [Roll Forward]
Balance at beginning of period	(3,052)	(3,053)
Other comprehensive income (loss) before reclassifications, net of tax	19	3
Amounts reclassified from accumulated other comprehensive loss, net of tax	57	39
Balance at end of period	(2,976)	(3,011)
Deferred Derivative Gains (Losses)
Changes in Accumulated Other Comprehensive Loss [Roll Forward]
Balance at beginning of period	(9)	10
Other comprehensive income (loss) before reclassifications, net of tax	6	(14)
Amounts reclassified from accumulated other comprehensive loss, net of tax	5	(3)
Balance at end of period	2	(7)
Total
Changes in Accumulated Other Comprehensive Loss [Roll Forward]
Balance at beginning of period	(3,976)	(4,198)
Other comprehensive income (loss) before reclassifications, net of tax	(108)	110
Amounts reclassified from accumulated other comprehensive loss, net of tax	62	36
Balance at end of period	$ (4,022)	$ (4,052)

Reclassifications out of Accu71

Reclassifications out of Accumulated Other Comprehensive Loss - Reclassifications out of AOCL (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Reclassifications out of Accumulated Other Comprehensive Loss [Line Items]
Other (Income) Expense	$ (45)	$ (16)	$ (82)	$ (24)
Cost of Goods Sold	2,949	2,785	5,925	5,545
Tax expense	19	36	52	106
Goodyear Net Income	(157)	(147)	(232)	(313)
Reclassification Out of Accumulated Other Comprehensive Loss
Reclassifications out of Accumulated Other Comprehensive Loss [Line Items]
Goodyear Net Income	32	17	62	36
Unrecognized Net Actuarial Losses and Prior Service Costs Attributable to Parent | Reclassification Out of Accumulated Other Comprehensive Loss
Reclassifications out of Accumulated Other Comprehensive Loss [Line Items]
Other (Income) Expense	34	30	69	60
Income (loss), before tax	40	30	75	60
Tax expense	(10)	(11)	(18)	(21)
Goodyear Net Income	30	19	57	39
Accumulated Defined Benefit Plans Adjustment, Immediate Recognition of Prior Service and Gain (Loss) Attributable to Parent | Reclassification Out of Accumulated Other Comprehensive Loss
Reclassifications out of Accumulated Other Comprehensive Loss [Line Items]
Other (Income) Expense	6	0	6	0
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	3	(2)	7	(4)
Tax expense	(1)	0	(2)	1
Goodyear Net Income	$ 2	$ (2)	$ 5	$ (3)

Subsequent Event (Details)

Subsequent Event (Details) - Scenario, Forecast $ in Millions	3 Months Ended
	Sep. 30, 2018USD ($)
Subsequent Event [Line Items]
Gain (loss) on investments	$ 285
Fair value of equity investment	$ 292

Consolidating Financial Infor73

Consolidating Financial Information - Narrative (Details) - Senior Notes - USD ($)	Jun. 30, 2018	Dec. 31, 2017
8.75% due 2020
Debt Instrument [Line Items]
Debt instrument, face amount	$ 282,000,000
Interest rate, stated percentage	8.75%	8.75%
5.125% due 2023
Debt Instrument [Line Items]
Debt instrument, face amount	$ 1,000,000,000
Interest rate, stated percentage	5.125%	5.125%
5% due 2026
Debt Instrument [Line Items]
Debt instrument, face amount	$ 900,000,000
Interest rate, stated percentage	5.00%	5.00%
4.875% due 2027
Debt Instrument [Line Items]
Debt instrument, face amount	$ 700,000,000
Interest rate, stated percentage	4.875%	4.875%

Consolidating Financial Infor74

Consolidating Financial Information - Condensed Consolidating Balance Sheet (Details) - USD ($) $ in Millions	Jun. 30, 2018	Jan. 01, 2018	Dec. 31, 2017	Jun. 30, 2017	Dec. 31, 2016
Current Assets:
Cash and Cash Equivalents	$ 975		$ 1,043	$ 903
Accounts Receivable, net	2,388	$ 2,028	2,025
Accounts Receivable From Affiliates	0		0
Inventories	2,941		2,787
Prepaid Expenses and Other Current Assets	265	231	224
Total Current Assets	6,569		6,079
Goodwill	576		595
Intangible Assets	138		139
Deferred Income Taxes	2,035	2,009	2,008
Other Assets	804		792
Investments in Subsidiaries	0		0
Property, Plant and Equipment, net	7,233		7,451
Total Assets	17,355		17,064
Current Liabilities:
Accounts Payable — Trade	2,880	2,814	2,807
Accounts Payable to Affiliates	0		0
Compensation and Benefits	511		539
Other Current Liabilities	821	$ 1,033	1,026
Notes Payable and Overdrafts	335		262
Long Term Debt and Capital Leases due Within One Year (Note 8)	286		391
Total Current Liabilities	4,833		5,025
Long Term Debt and Capital Leases	5,726		5,076
Compensation and Benefits	1,369		1,515
Deferred Income Taxes	99		100
Other Long Term Liabilities	484		498
Total Liabilities	12,511		12,214
Commitments and Contingent Liabilities
Goodyear Shareholders’ Equity:
Common Stock	237		240
Other Equity	4,400		4,363
Goodyear Shareholders’ Equity	4,637		4,603
Minority Shareholders’ Equity — Nonredeemable	207		247
Total Shareholders’ Equity	4,844		4,850	$ 5,145	$ 4,725
Total Liabilities and Shareholders’ Equity	17,355		17,064
Reportable Legal Entities | Parent Company
Current Assets:
Cash and Cash Equivalents	135		176
Accounts Receivable, net	658		649
Accounts Receivable From Affiliates	0		0
Inventories	1,522		1,444
Prepaid Expenses and Other Current Assets	79		59
Total Current Assets	2,394		2,328
Goodwill	24		24
Intangible Assets	118		119
Deferred Income Taxes	1,598		1,549
Other Assets	249		221
Investments in Subsidiaries	4,294		4,424
Property, Plant and Equipment, net	2,470		2,491
Total Assets	11,147		11,156
Current Liabilities:
Accounts Payable — Trade	928		927
Accounts Payable to Affiliates	65		325
Compensation and Benefits	281		322
Other Current Liabilities	345		323
Notes Payable and Overdrafts	0		0
Long Term Debt and Capital Leases due Within One Year (Note 8)	59		60
Total Current Liabilities	1,678		1,957
Long Term Debt and Capital Leases	3,886		3,544
Compensation and Benefits	589		682
Deferred Income Taxes	0		0
Other Long Term Liabilities	357		370
Total Liabilities	6,510		6,553
Commitments and Contingent Liabilities
Goodyear Shareholders’ Equity:
Common Stock	237		240
Other Equity	4,400		4,363
Goodyear Shareholders’ Equity	4,637		4,603
Minority Shareholders’ Equity — Nonredeemable	0		0
Total Shareholders’ Equity	4,637		4,603
Total Liabilities and Shareholders’ Equity	11,147		11,156
Reportable Legal Entities | Guarantor Subsidiaries
Current Assets:
Cash and Cash Equivalents	49		32
Accounts Receivable, net	146		116
Accounts Receivable From Affiliates	198		254
Inventories	63		43
Prepaid Expenses and Other Current Assets	2		3
Total Current Assets	458		448
Goodwill	1		1
Intangible Assets	0		0
Deferred Income Taxes	31		35
Other Assets	49		51
Investments in Subsidiaries	517		503
Property, Plant and Equipment, net	427		420
Total Assets	1,483		1,458
Current Liabilities:
Accounts Payable — Trade	119		115
Accounts Payable to Affiliates	0		0
Compensation and Benefits	14		15
Other Current Liabilities	(9)		2
Notes Payable and Overdrafts	0		0
Long Term Debt and Capital Leases due Within One Year (Note 8)	0		0
Total Current Liabilities	124		132
Long Term Debt and Capital Leases	167		152
Compensation and Benefits	97		109
Deferred Income Taxes	0		1
Other Long Term Liabilities	9		8
Total Liabilities	397		402
Commitments and Contingent Liabilities
Goodyear Shareholders’ Equity:
Common Stock	0		0
Other Equity	1,086		1,056
Goodyear Shareholders’ Equity	1,086		1,056
Minority Shareholders’ Equity — Nonredeemable	0		0
Total Shareholders’ Equity	1,086		1,056
Total Liabilities and Shareholders’ Equity	1,483		1,458
Reportable Legal Entities | Non-Guarantor Subsidiaries
Current Assets:
Cash and Cash Equivalents	791		835
Accounts Receivable, net	1,584		1,260
Accounts Receivable From Affiliates	0		71
Inventories	1,375		1,329
Prepaid Expenses and Other Current Assets	181		157
Total Current Assets	3,931		3,652
Goodwill	426		444
Intangible Assets	20		20
Deferred Income Taxes	402		424
Other Assets	506		518
Investments in Subsidiaries	0		0
Property, Plant and Equipment, net	4,363		4,569
Total Assets	9,648		9,627
Current Liabilities:
Accounts Payable — Trade	1,833		1,765
Accounts Payable to Affiliates	133		0
Compensation and Benefits	216		202
Other Current Liabilities	485		701
Notes Payable and Overdrafts	335		262
Long Term Debt and Capital Leases due Within One Year (Note 8)	227		331
Total Current Liabilities	3,229		3,261
Long Term Debt and Capital Leases	1,673		1,380
Compensation and Benefits	683		724
Deferred Income Taxes	99		99
Other Long Term Liabilities	118		120
Total Liabilities	5,802		5,584
Commitments and Contingent Liabilities
Goodyear Shareholders’ Equity:
Common Stock	0		0
Other Equity	3,639		3,796
Goodyear Shareholders’ Equity	3,639		3,796
Minority Shareholders’ Equity — Nonredeemable	207		247
Total Shareholders’ Equity	3,846		4,043
Total Liabilities and Shareholders’ Equity	9,648		9,627
Consolidating Entries and Eliminations
Current Assets:
Cash and Cash Equivalents	0		0
Accounts Receivable, net	0		0
Accounts Receivable From Affiliates	(198)		(325)
Inventories	(19)		(29)
Prepaid Expenses and Other Current Assets	3		5
Total Current Assets	(214)		(349)
Goodwill	125		126
Intangible Assets	0		0
Deferred Income Taxes	4		0
Other Assets	0		2
Investments in Subsidiaries	(4,811)		(4,927)
Property, Plant and Equipment, net	(27)		(29)
Total Assets	(4,923)		(5,177)
Current Liabilities:
Accounts Payable — Trade	0		0
Accounts Payable to Affiliates	(198)		(325)
Compensation and Benefits	0		0
Other Current Liabilities	0		0
Notes Payable and Overdrafts	0		0
Long Term Debt and Capital Leases due Within One Year (Note 8)	0		0
Total Current Liabilities	(198)		(325)
Long Term Debt and Capital Leases	0		0
Compensation and Benefits	0		0
Deferred Income Taxes	0		0
Other Long Term Liabilities	0		0
Total Liabilities	(198)		(325)
Commitments and Contingent Liabilities
Goodyear Shareholders’ Equity:
Common Stock	0		0
Other Equity	(4,725)		(4,852)
Goodyear Shareholders’ Equity	(4,725)		(4,852)
Minority Shareholders’ Equity — Nonredeemable	0		0
Total Shareholders’ Equity	(4,725)		(4,852)
Total Liabilities and Shareholders’ Equity	$ (4,923)		$ (5,177)

Consolidating Financial Infor75

Consolidating Financial Information - Consolidating Statements of Operations (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Condensed Financial Statements, Captions [Line Items]
Net Sales	$ 3,841	$ 3,686	$ 7,671	$ 7,385
Cost of Goods Sold	2,949	2,785	5,925	5,545
Consolidating Statements of Operations
Selling, Administrative and General Expense	588	579	1,179	1,155
Rationalizations	(2)	27	35	56
Interest Expense	78	89	154	176
Other (Income) Expense	45	16	82	24
Income before Income Taxes	183	190	296	429
United States and Foreign Taxes	19	36	52	106
Equity in Earnings of Subsidiaries	0	0	0	0
Net Income (Loss)	164	154	244	323
Less: Minority Shareholders’ Net Income	7	7	12	10
Goodyear Net Income	157	147	232	313
Comprehensive Income (Loss)	(9)	212	182	482
Less: Comprehensive Income (Loss) Attributable to Minority Shareholders	(11)	14	(4)	23
Goodyear Comprehensive Income	2	198	186	459
Reportable Legal Entities | Parent Company
Condensed Financial Statements, Captions [Line Items]
Net Sales	1,834	1,863	3,518	3,630
Cost of Goods Sold	1,464	1,459	2,829	2,837
Consolidating Statements of Operations
Selling, Administrative and General Expense	258	247	517	506
Rationalizations	(1)	1	5	2
Interest Expense	56	69	110	134
Other (Income) Expense	14	4	24	(13)
Income before Income Taxes	43	83	33	164
United States and Foreign Taxes	(37)	17	(40)	60
Equity in Earnings of Subsidiaries	77	81	159	209
Net Income (Loss)	157	147	232	313
Less: Minority Shareholders’ Net Income	0	0	0	0
Goodyear Net Income	157	147	232	313
Comprehensive Income (Loss)	2	198	186	459
Less: Comprehensive Income (Loss) Attributable to Minority Shareholders	0	0	0	0
Goodyear Comprehensive Income	2	198	186	459
Reportable Legal Entities | Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net Sales	329	290	638	589
Cost of Goods Sold	335	284	608	557
Consolidating Statements of Operations
Selling, Administrative and General Expense	8	9	18	17
Rationalizations	0	0	0	0
Interest Expense	5	2	10	4
Other (Income) Expense	3	2	10	6
Income before Income Taxes	(22)	(7)	(8)	5
United States and Foreign Taxes	(5)	(3)	(2)	0
Equity in Earnings of Subsidiaries	12	16	34	31
Net Income (Loss)	(5)	12	28	36
Less: Minority Shareholders’ Net Income	0	0	0	0
Goodyear Net Income	(5)	12	28	36
Comprehensive Income (Loss)	(25)	13	30	41
Less: Comprehensive Income (Loss) Attributable to Minority Shareholders	0	0	0	0
Goodyear Comprehensive Income	(25)	13	30	41
Reportable Legal Entities | Non-Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net Sales	2,406	2,316	4,863	4,618
Cost of Goods Sold	1,899	1,840	3,877	3,634
Consolidating Statements of Operations
Selling, Administrative and General Expense	322	322	644	632
Rationalizations	(1)	26	30	54
Interest Expense	22	31	45	62
Other (Income) Expense	8	(15)	8	(15)
Income before Income Taxes	156	112	259	251
United States and Foreign Taxes	62	20	92	49
Equity in Earnings of Subsidiaries	0	0	0	0
Net Income (Loss)	94	92	167	202
Less: Minority Shareholders’ Net Income	7	7	12	10
Goodyear Net Income	87	85	155	192
Comprehensive Income (Loss)	(123)	146	32	340
Less: Comprehensive Income (Loss) Attributable to Minority Shareholders	(11)	14	(4)	23
Goodyear Comprehensive Income	(112)	132	36	317
Consolidating Entries and Eliminations
Condensed Financial Statements, Captions [Line Items]
Net Sales	(728)	(783)	(1,348)	(1,452)
Cost of Goods Sold	(749)	(798)	(1,389)	(1,483)
Consolidating Statements of Operations
Selling, Administrative and General Expense	0	1	0	0
Rationalizations	0	0	0	0
Interest Expense	(5)	(13)	(11)	(24)
Other (Income) Expense	20	25	40	46
Income before Income Taxes	6	2	12	9
United States and Foreign Taxes	(1)	2	2	(3)
Equity in Earnings of Subsidiaries	(89)	(97)	(193)	(240)
Net Income (Loss)	(82)	(97)	(183)	(228)
Less: Minority Shareholders’ Net Income	0	0	0	0
Goodyear Net Income	(82)	(97)	(183)	(228)
Comprehensive Income (Loss)	137	(145)	(66)	(358)
Less: Comprehensive Income (Loss) Attributable to Minority Shareholders	0	0	0	0
Goodyear Comprehensive Income	$ 137	$ (145)	$ (66)	$ (358)

Consolidating Financial Infor76

Consolidating Financial Information - Condensed Consolidating Statement of Cash Flows (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Cash Flows from Operating Activities:
Total Cash Flows from Operating Activities	$ (84)	$ (185)
Cash Flows from Investing Activities:
Capital Expenditures	(442)	(497)
Asset Dispositions	2	2
Short Term Securities Acquired	(30)	(43)
Short Term Securities Redeemed	38	43
Capital Contributions and Loans Incurred	0	0
Capital Redemptions and Loans Paid	0	0
Other Transactions	(38)	(3)
Total Cash Flows from Investing Activities	(470)	(498)
Cash Flows from Financing Activities:
Short Term Debt and Overdrafts Incurred	1,012	290
Short Term Debt and Overdrafts Paid	(920)	(303)
Long Term Debt Incurred	3,544	3,456
Long Term Debt Paid	(2,933)	(2,905)
Common Stock Issued	3	11
Common Stock Repurchased	(100)	(30)
Common Stock Dividends Paid	(67)	(50)
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	(26)	(5)
Debt Related Costs and Other Transactions	6	(38)
Total Cash Flows from Financing Activities	519	426
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash	(25)	37
Net Change in Cash, Cash Equivalents and Restricted Cash	(60)	(220)
Cash, Cash Equivalents and Restricted Cash at Beginning of the Period	1,110	1,189
Cash, Cash Equivalents and Restricted Cash at End of the Period	1,050	969
Reportable Legal Entities | Parent Company
Cash Flows from Operating Activities:
Total Cash Flows from Operating Activities	457	(49)
Cash Flows from Investing Activities:
Capital Expenditures	(180)	(190)
Asset Dispositions	0	1
Short Term Securities Acquired	0	0
Short Term Securities Redeemed	0	0
Capital Contributions and Loans Incurred	(306)	(62)
Capital Redemptions and Loans Paid	69	0
Other Transactions	(38)	0
Total Cash Flows from Investing Activities	(455)	(251)
Cash Flows from Financing Activities:
Short Term Debt and Overdrafts Incurred	575	40
Short Term Debt and Overdrafts Paid	(575)	(40)
Long Term Debt Incurred	1,605	2,090
Long Term Debt Paid	(1,267)	(1,759)
Common Stock Issued	3	11
Common Stock Repurchased	(100)	(30)
Common Stock Dividends Paid	(67)	(50)
Capital Contributions and Loans Incurred	213	30
Capital Redemptions and Loans Paid	(430)	(61)
Intercompany Dividends Paid	0	0
Transactions with Minority Interests in Subsidiaries	0	0
Debt Related Costs and Other Transactions	7	(26)
Total Cash Flows from Financing Activities	(36)	205
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash	0	0
Net Change in Cash, Cash Equivalents and Restricted Cash	(34)	(95)
Cash, Cash Equivalents and Restricted Cash at Beginning of the Period	201	210
Cash, Cash Equivalents and Restricted Cash at End of the Period	167	115
Reportable Legal Entities | Guarantor Subsidiaries
Cash Flows from Operating Activities:
Total Cash Flows from Operating Activities	(9)	(30)
Cash Flows from Investing Activities:
Capital Expenditures	(41)	(86)
Asset Dispositions	2	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	(39)	(86)
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	15	52
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	52	62
Capital Redemptions and Loans Paid	0	0
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	67	114
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash	(2)	2
Net Change in Cash, Cash Equivalents and Restricted Cash	17	0
Cash, Cash Equivalents and Restricted Cash at Beginning of the Period	32	55
Cash, Cash Equivalents and Restricted Cash at End of the Period	49	55
Reportable Legal Entities | Non-Guarantor Subsidiaries
Cash Flows from Operating Activities:
Total Cash Flows from Operating Activities	(336)	(90)
Cash Flows from Investing Activities:
Capital Expenditures	(220)	(224)
Asset Dispositions	0	1
Short Term Securities Acquired	(30)	(43)
Short Term Securities Redeemed	38	43
Capital Contributions and Loans Incurred	(213)	(30)
Capital Redemptions and Loans Paid	430	61
Other Transactions	0	(3)
Total Cash Flows from Investing Activities	5	(195)
Cash Flows from Financing Activities:
Short Term Debt and Overdrafts Incurred	437	250
Short Term Debt and Overdrafts Paid	(345)	(263)
Long Term Debt Incurred	1,924	1,314
Long Term Debt Paid	(1,666)	(1,146)
Common Stock Issued	0	0
Common Stock Repurchased	0	0
Common Stock Dividends Paid	0	0
Capital Contributions and Loans Incurred	254	0
Capital Redemptions and Loans Paid	(69)	0
Intercompany Dividends Paid	(197)	(13)
Transactions with Minority Interests in Subsidiaries	(26)	(5)
Debt Related Costs and Other Transactions	(1)	(12)
Total Cash Flows from Financing Activities	311	125
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash	(23)	35
Net Change in Cash, Cash Equivalents and Restricted Cash	(43)	(125)
Cash, Cash Equivalents and Restricted Cash at Beginning of the Period	877	924
Cash, Cash Equivalents and Restricted Cash at End of the Period	834	799
Consolidating Entries and Eliminations
Cash Flows from Operating Activities:
Total Cash Flows from Operating Activities	(196)	(16)
Cash Flows from Investing Activities:
Capital Expenditures	(1)	3
Asset Dispositions	0	0
Short Term Securities Acquired	0	0
Short Term Securities Redeemed	0	0
Capital Contributions and Loans Incurred	519	92
Capital Redemptions and Loans Paid	(499)	(61)
Other Transactions	0	0
Total Cash Flows from Investing Activities	19	34
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	(519)	(92)
Capital Redemptions and Loans Paid	499	61
Intercompany Dividends Paid	197	13
Transactions with Minority Interests in Subsidiaries	0	0
Debt Related Costs and Other Transactions	0	0
Total Cash Flows from Financing Activities	177	(18)
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