The Goodyear Tire & Rubber Company (GT) 10-Q 7 May 24 2024 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Mar. 31, 2024	Apr. 30, 2024
Cover [Abstract]
Document Type	10-Q
Document Period End Date	Mar. 31, 2024
Entity File Number	1-1927
Entity Registrant Name	THE GOODYEAR TIRE & RUBBER COMPANY
Entity Incorporation, State or Country Code	OH
Entity Tax Identification Number	34-0253240
Entity Address, Address Line One	200 Innovation Way
Entity Address, City or Town	Akron
Entity Address, State or Province	OH
Entity Address, Postal Zip Code	44316-0001
City Area Code	330
Local Phone Number	796-2121
Title of 12(b) Security	Common Stock, Without Par Value
Trading Symbol	GT
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock Outstanding		284,687,007
Document Quarterly Report	true
Document Transition Report	false
Entity Central Index Key	0000042582
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q1
Amendment Flag	false

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Net Sales (Note 2)	$ 4,537	$ 4,941
Cost of Goods Sold	3,715	4,193
Selling, Administrative and General Expense	696	664
Rationalizations (Note 3)	22	32
Interest Expense	126	127
Other (income) expense (Note 4)	30	25
Loss before Income Taxes	(52)	(100)
United States and Foreign Tax Expense (Benefit) (Note 5)	6	(1)
Net Loss	(58)	(99)
Less: Minority Shareholders' Net Income (Loss)	(1)	2
Goodyear Net Loss	$ (57)	$ (101)
Goodyear Net Loss - Per Share of Common Stock
Basic	$ (0.2)	$ (0.35)
Weighted Average Shares Outstanding (Note 6)	286	285
Diluted	$ (0.2)	$ (0.35)
Weighted Average Shares Outstanding (Note 6)	286	285

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Statement of Comprehensive Income [Abstract]
Net Income (Loss)	$ (58)	$ (99)
Other Comprehensive Income (Loss):
Foreign currency translation, net of tax of ($2) in 2024 ($1 in 2023)	(9)	37
Defined benefit plans:
Amortization of prior service cost and unrecognized gains and losses included in total benefit cost, net of tax of $7 in 2024 ($7 in 2023)	21	21
Change in net actuarial losses, net of tax of $1 in 2024 (($2) in 2023)	4	(2)
Immediate recognition of prior service cost and unrecognized gains and losses due to curtailments, settlements and divestitures, net of tax of ($1) in 2024 ($0 in 2023)	(4)	0
Deferred derivative gains (losses), net of tax of $0 in 2024 (($1) in 2023)	0	(2)
Reclassification adjustment for amounts recognized in income, net of tax of $0 in 2024 ($0 in 2023)	1	0
Other Comprehensive Income (Loss)	13	54
Comprehensive Income (Loss)	(45)	(45)
Less: Comprehensive Income (Loss) Attributable to Minority Shareholders	(4)	5
Goodyear Comprehensive Income (Loss)	$ (41)	$ (50)

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Unaudited) (Parenthetical) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Statement of Comprehensive Income [Abstract]
Tax on foreign currency translation	$ (2)	$ 1
Defined benefit plans:
Tax on amortization of prior service cost and unrecognized gains and losses included in total benefit cost	7	7
Tax on (increase)/decrease in net actuarial losses	1	(2)
Tax on immediate recognition of prior service cost and unrecognized gains and losses due to curtailments, settlements, and divestitures	(1)	0
Tax effect of deferred derivative gains (losses)	0	(1)
Tax effect of reclassification adjustment for amounts recognized in income	$ 0	$ 0

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023	Sep. 30, 2023	Dec. 31, 2022
Current Assets:
Cash and Cash Equivalents	$ 893	$ 902
Accounts Receivable, less Allowance - $96 ($102 in 2023)	3,033	2,731
Inventories:
Raw Materials	783	785
Work in Process	209	206
Finished Products	2,839	2,707
Inventories	3,831	3,698
Prepaid Expenses and Other Current Assets	305	319
Total Current Assets	8,062	7,650
Goodwill	780	781
Intangible Assets	962	969
Deferred Income Taxes (Note 5)	1,661	1,630
Other Assets	1,094	1,075
Operating Lease Right-of-Use Assets	993	985
Property, Plant and Equipment, less Accumulated Depreciation - $12,587 ($12,472 in 2023)	8,439	8,492
Total Assets	21,991	21,582
Current Liabilities:
Accounts Payable — Trade	4,223	4,326
Compensation and Benefits (Notes 10 and 11)	629	663
Other Current Liabilities	1,185	1,165
Notes Payable and Overdrafts (Note 8)	388	344
Operating Lease Liabilities due Within One Year	200	200
Long Term Debt and Finance Leases due Within One Year (Note 8)	395	449
Total Current Liabilities	7,020	7,147
Operating Lease Liabilities	841	825
Long Term Debt and Finance Leases (Note 8)	7,483	6,831
Compensation and Benefits (Notes 10 and 11)	913	974
Deferred Income Taxes (Note 5)	80	83
Other Long Term Liabilities	856	885
Total Liabilities	17,193	16,745
Commitments and Contingent Liabilities (Note 12)
Goodyear Shareholders’ Equity:
Common Stock, no par value: Authorized, 450 million shares, Outstanding shares - 285 million in 2024 (284 million in 2023)	285	284
Capital Surplus	3,140	3,133
Retained Earnings	5,029	5,086
Accumulated Other Comprehensive Loss (Note 14)	(3,819)	(3,835)
Goodyear Shareholders’ Equity	4,635	4,668
Minority Shareholders’ Equity — Nonredeemable	163	169
Total Shareholders’ Equity	4,798	4,837		$ 5,466
Total Liabilities and Shareholders’ Equity	$ 21,991	$ 21,582

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) shares in Millions, $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Allowance for Accounts Receivable	$ 96	$ 102
Accumulated Depreciation	$ 12,587	$ 12,472
Common Stock, par value (in dollars per share)	$ 0	$ 0
Common Stock, shares authorized (in shares)	450	450
Common Stock, shares outstanding (in shares)	285	284

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($) $ in Millions	Total	Common Stock	Capital Surplus	Retained Earnings	Accumulated Other Comprehensive Loss	Goodyear Shareholders' Equity	Minority Shareholders' Equity - Non-Redeemable
Beginning balance at Dec. 31, 2022	$ 5,466	$ 283	$ 3,117	$ 5,775	$ (3,875)	$ 5,300	$ 166
Common stock beginning balance (in shares) at Dec. 31, 2022		282,896,352
Net Income (Loss)	(99)			(101)		(101)	2
Other comprehensive income (loss)	54				51	51	3
Comprehensive Income (Loss)	(45)					(50)	5
Stock-based compensation plans	4		4			4
Common stock issued from treasury	(1)		(1)			(1)
Common stock issued from treasury (in shares)		530,949
Ending balance at Mar. 31, 2023	5,424	$ 283	3,120	5,674	(3,824)	5,253	171
Common stock ending balance (in shares) at Mar. 31, 2023		283,427,301
Beginning balance at Dec. 31, 2023	$ 4,837	$ 284	3,133	5,086	(3,835)	4,668	169
Common stock beginning balance (in shares) at Dec. 31, 2023	284,000,000	283,786,263
Net Income (Loss)	$ (58)			(57)		(57)	(1)
Other comprehensive income (loss)	13				16	16	(3)
Comprehensive Income (Loss)	(45)					(41)	(4)
Stock-based compensation plans	11		11			11
Dividends declared	(2)						(2)
Common stock issued from treasury	(3)	$ 1	(4)			(3)
Common stock issued from treasury (in shares)		900,744
Ending balance at Mar. 31, 2024	$ 4,798	$ 285	$ 3,140	$ 5,029	$ (3,819)	$ 4,635	$ 163
Common stock ending balance (in shares) at Mar. 31, 2024	285,000,000	284,687,007

Consolidated Statements of Sh_2

Consolidated Statements of Shareholders' Equity (Unaudited) (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023	Dec. 31, 2022
Statement of Stockholders' Equity [Abstract]
Treasury Stock, Common, Shares	39,600,900	40,860,606	40,501,644	41,391,555
Cash dividends declared per common share (in dollars per share)	$ 0	$ 0

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Cash Flows from Operating Activities:
Net Income (Loss)	$ (58)	$ (99)
Adjustments to Reconcile Net Income (Loss) to Cash Flows from Operating Activities:
Depreciation and Amortization	284	251
Amortization and Write-Off of Debt Issuance Costs	3	2
Provision for Deferred Income Taxes (Note 5)	(42)	(60)
Net Pension Curtailments and Settlements	(5)	0
Net Rationalization Charges (Note 3)	22	32
Rationalization Payments	(55)	(21)
Net (gains) losses on asset sales	2	(2)
Operating Lease Expense	85	74
Operating Lease Payments	(69)	(70)
Pension Contributions and Direct Payments	(16)	(20)
Changes in Operating Assets and Liabilities, Net of Asset Acquisitions and Dispositions:
Accounts Receivable	(325)	(603)
Inventories	(167)	46
Accounts Payable — Trade	(47)	(302)
Compensation and Benefits	(38)	(42)
Other Current Liabilities	(45)	61
Other Assets and Liabilities	20	(22)
Total Cash Flows from Operating Activities	(451)	(775)
Cash Flows from Investing Activities:
Capital Expenditures	(318)	(291)
Asset Dispositions	108	2
Short Term Securities Acquired	0	(82)
Short Term Securities Redeemed	0	1
Notes Receivable	(21)	(76)
Other Transactions	0	(10)
Total Cash Flows from Investing Activities	(231)	(456)
Cash Flows from Financing Activities:
Short Term Debt and Overdrafts Incurred	282	294
Short Term Debt and Overdrafts Paid	(230)	(175)
Long Term Debt Incurred	3,964	2,840
Long Term Debt Paid	(3,332)	(1,883)
Common Stock Issued	(3)	(1)
Transactions with Minority Interests in Subsidiaries	(2)	0
Debt Related Costs and Other Transactions	(18)	0
Total Cash Flows from Financing Activities	661	1,075
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash	(10)	8
Net Change in Cash, Cash Equivalents and Restricted Cash	(31)	(148)
Cash, Cash Equivalents and Restricted Cash at Beginning of the Period	985	1,311
Cash, Cash Equivalents and Restricted Cash at End of the Period	$ 954	$ 1,163

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Pay vs Performance Disclosure
Net Income (Loss)	$ (57)	$ (101)

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Mar. 31, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Accounting Policies

Accounting Policies	3 Months Ended
	Mar. 31, 2024
Accounting Policies [Abstract]
Accounting Policies	NOTE 1. 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 (“SEC”) rules and regulations and generally accepted accounting principles in the United States of America ("U.S. 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 U.S. 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, 2023 (the “2023 Form 10-K”). Operating results for the three months ended March 31, 2024 are not necessarily indicative of the results expected in subsequent quarters or for the year ending December 31, 2024. Recently Issued Accounting Standards On March 6, 2024, the SEC issued final rules that require registrants to enhance and standardize climate-related disclosures in their annual reports beginning with periods ending December 31, 2025. The final rules will require information about climate-related risks that have materially impacted, or are reasonably likely to have a material impact on, a registrant’s business strategy, results of operations or financial condition, the governance of climate-related matters, certain climate-related targets and goals, and certain greenhouse gas emissions. The rules will also require certain financial statement disclosures related to the impact of severe weather events and other natural conditions. On April 4, 2024, the SEC stayed the final rules pending completion of judicial review of several lawsuits challenging the rules that have been consolidated in the U.S. Court of Appeals for the 8th Circuit. We are currently assessing the impact of these rules on our disclosures in both our Annual Report on Form 10-K and the notes to the consolidated financial statements. 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 primarily 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: March 31, (In millions) 2024 2023 Cash and Cash Equivalents $ 893 $ 1,082 Restricted Cash 61 81 Total Cash, Cash Equivalents and Restricted Cash $ 954 $ 1,163 Restricted Cash primarily represents amounts required to be set aside for accounts receivable factoring programs. The restrictions lapse when cash from factored accounts receivable is remitted to the purchaser of those receivables. At March 31, 2024, restricted cash was recorded in Prepaid Expenses and Other Current Assets in the Consolidated Balance Sheets. At March 31, 2023 , $ 70 million and $ 11 million were recorded in Prepaid Expenses and Other Current Assets and Other Assets in the Consolidated Balance Sheets, respectively. 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	3 Months Ended
	Mar. 31, 2024
Revenue from Contract with Customer [Abstract]
Net Sales	NOTE 2. NET SALES The following tables show disaggregated net sales from contracts with customers by major source: Three Months Ended March 31, 2024 Europe, Middle East (In millions) Americas and Africa Asia Pacific Total Tire unit sales $ 2,122 $ 1,186 $ 574 $ 3,882 Other tire and related sales 183 132 18 333 Retail services and service related sales 169 29 9 207 Chemical sales 110 — — 110 Other 4 — 1 5 Net Sales by reportable segment $ 2,588 $ 1,347 $ 602 $ 4,537 Three Months Ended March 31, 2023 Europe, Middle East (In millions) Americas and Africa Asia Pacific Total Tire unit sales $ 2,386 $ 1,328 $ 549 $ 4,263 Other tire and related sales 177 139 21 337 Retail services and service related sales 160 25 10 195 Chemical sales 140 — — 140 Other 4 — 2 6 Net Sales by reportable segment $ 2,867 $ 1,492 $ 582 $ 4,941 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 and motorcycle tire sales, retread sales and other tire related sales. Sales of tires in this category are not included in reported tire unit information. Retail services and service related sales consist of automotive services performed for customers through our Company-owned retail channels, and includes service related products. Chemical sales relate to the sale of synthetic rubber and other chemicals to third parties, and exclude intercompany sales. Other sales include items such as franchise fees and ancillary tire parts. When we receive consideration from a customer prior to transferring goods or services under the terms of a sales contract, we record deferred revenue, which represents a contract liability. Deferred revenue included in Other Current Liabilities in the Consolidated Balance Sheets totaled $ 20 million and $ 18 million at March 31, 2024 and December 31, 2023, respectively. Deferred revenue included in Other Long Term Liabilities in the Consolidated Balance Sheets totale d $ 8 mi llion and $ 10 million at March 31, 2024 and December 31, 2023, respectively. We recognize deferred revenue after we have transferred control of the goods or services to the customer and all revenue recognition criteria are met. The following table presents the balance of deferred revenue related to contracts with customers, and changes during the three months ended March 31, 2024: (In millions) Balance at December 31, 2023 $ 28 Revenue deferred during period 54 Revenue recognized during period ( 54 ) Impact of foreign currency translation — Balance at March 31, 2024 $ 28

Costs Associated with Rationali

Costs Associated with Rationalization Programs	3 Months Ended
	Mar. 31, 2024
Restructuring and Related Activities [Abstract]
Costs Associated with Rationalization Programs	NOTE 3. COSTS ASSOCIATED WITH RATIONALIZATION PROGRAMS In order to improve our global competitiveness and as part of our execution of Goodyear Forward, we have implemented, and are implementing, rationalization actions to reduce high-cost and excess manufacturing capacity and operating and administrative costs. The following table presents a roll-forward of the liability balance between periods: Associate- (In millions) Related Costs Other Costs Total Balance at December 31, 2023 $ 518 $ 16 $ 534 2024 Charges 12 11 23 Incurred, net of foreign currency translation of ($ 11 ) million and $ 0 million, respectively ( 55 ) ( 11 ) ( 66 ) Reversed to the Statement of Operations ( 1 ) — ( 1 ) Balance at March 31, 2024 $ 474 $ 16 $ 490 In March 2024, we approved a rationalization plan in Asia Pacific to permanently close our Malaysia tire manufacturing facility by the end of 2024 as part of our strategy to improve profitability and reduce production costs. The plan will result in the permanent reduction of approximately 550 positions. Total pre-tax charges are expected to be approximately $ 40 million ($ 20 million after minority), of which approximately $ 16 million are expected to be cash charges primarily for associate-related and other exit costs, with the remainder representing non-cash charges primarily for accelerated depreciation. We have accrued approximately $ 10 million ($ 5 million after minority) for this plan at March 31, 2024, which is expected to be substantially paid during the second quarter of 2024. The remainder of the accrual balance at March 31, 2024 includes $ 244 million related to the closures of our Fulda, Germany ("Fulda") and our Fürstenwalde, Germany ("Fürstenwalde") tire manufacturing facilities, $ 160 million related to the rationalization and workforce reorganization plan in EMEA, $ 18 million related to the plan to improve profitability in Australia and New Zealand, $ 18 million related to the plan to streamline our EMEA distribution network, $ 11 million related to plans to reduce Selling, Administrative and General expense ("SAG") headcount, $ 10 million related to the closure of Cooper Tire's Melksham, United Kingdom manufacturing facility ("Melksham"), $ 5 million related to the closed Amiens, France tire manufacturing facility, $ 4 million related to the plan to reduce costs associated with our global operations and technology organization, $ 3 million related to our global workforce reorganization plan to improve our cost structure, and various other plans to reduce headcount and improve operating efficiency. At March 31, 2024 and December 31, 2023, $ 225 million and $ 239 million were recorded in Other Current Liabilities in the Consolidated Balance Sheets, respectively. The following table shows net rationalization charges included in Income (Loss) before Income Taxes: Three Months Ended March 31, (In millions) 2024 2023 Current Year Plans Associate Severance and Other Related Costs $ 10 $ 7 Other Exit Costs — 13 Current Year Plans - Net Charges $ 10 $ 20 Prior Year Plans Associate Severance and Other Related Costs $ 1 $ 4 Other Exit Costs 11 8 Prior Year Plans - Net Charges $ 12 $ 12 Total Net Charges $ 22 $ 32 Asset write-offs (recoveries), accelerated depreciation, and accelerated lease costs, net $ 51 $ 2 Substantially all of the new charges for the three months ended March 31, 2024 and 2023 relate to future cash outflows. Net current year plan charges for the three months ended March 31, 2024 primarily relate to the closure of our tire manufacturing facility in Malaysia. Net current year plan charges for the three months ended March 31, 2023 relate to the plan to streamline our EMEA distribution network and the plan to reduce manufacturing staffing levels and capacity in EMEA. Net prior year plan charges for the three months ended March 31, 2024 include $ 4 million related to the closure of Melksham, $ 2 million related to the closure of Fulda and Fürstenwalde, $ 2 million related to the permanent closure of our Gadsden, Alabama tire manufacturing facility ("Gadsden"), $ 1 million related to our global workforce reorganization plan to improve our cost structure, $ 1 million related to the rationalization and workforce reorganization plan in EMEA, $ 1 million related to the plan in Australia and New Zealand, $ 1 million related to the closure of certain retail and warehouse locations in Americas, and reversals of $ 1 million for actions no longer needed for their originally intended purpose. Net prior year plan charges for the three months ended March 31, 2023 included $ 4 million for various plans to reduce global SAG headcount, $ 3 million related to the permanent closure of Gadsden, $ 2 million related to the closure of Melksham, $ 2 million related to discontinued operations in Russia, and reversals of $ 2 million for actions no longer needed for their originally intended purpose. Asset write-offs (recoveries), accelerated depreciation, and accelerated lease costs for the three months ended March 31, 2024 primarily relate to plans to improve our cost structure through announced closures of a development center in the U.S. and certain plants and facilities globally. Ongoing rationalization plans had approximately $ 920 million in charges incurred prior to 2024 and have approximately $ 250 million in expected charges to be incurred in future periods. Approximately 550 associates will be released under plans initiated in 2024. In the first three months of 2024, approximately 250 associates were released under plans initiated in prior years. Approximately 3,550 associates remain to be released under all ongoing rationalization plans.

Other (Income) Expense

Other (Income) Expense	3 Months Ended
	Mar. 31, 2024
Other Income and Expenses [Abstract]
Other (Income) Expense	NOTE 4. OTHER (INCOME) EXPENSE Three Months Ended March 31, (In millions) 2024 2023 Non-service related pension and other postretirement benefits cost $ 23 $ 29 Financing fees and financial instruments expense 15 12 Net foreign currency exchange (gains) losses 1 12 Interest income ( 15 ) ( 16 ) General and product liability expense - discontinued products 2 2 Royalty income ( 5 ) ( 7 ) Net (gains) losses on asset sales 2 ( 2 ) Miscellaneous (income) expense 7 ( 5 ) $ 30 $ 25 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. Pension expense for the three months ended March 31, 2024 includes a pension settlement credit of $ 5 million related to a premium refund on the purchase of a group annuity contract for the Cooper Tire U.S. salaried defined benefit pension plan in 2023. For further information, refer to Note to the Consolidated Financial Statements No. 10, Pension, Savings and Other Postretirement Benefit Plans. Net foreign currency exchange (gains) losses for the three months ended March 31, 2024 and March 31, 2023 includes a loss of $ 1 million and $ 8 million, respectively, related to the devaluation of the Argentine peso. Miscellaneous (income) expense for the three months ended March 31, 2024 includes an $ 8 million loss related to the sale of receivables in Argentina. Misc ellaneous (income) expense for the three months ended March 31, 2023 includes $ 11 million of expense for non-indemnified costs for product liability claims related to products manufactured by a formerly consolidated joint venture entity, $ 11 million of income related to a favorable court decision setting aside a previous unfavorable verdict on intellectual property-related legal claims, and $ 5 million of income related to the write-off of accumulated foreign currency translation in Russia. Other (Income) Expense also includes financing fees and financial instruments expense, which consists of commitment fees and charges incurred in connection with financing transactions; interest income; general and product liability expense - discontinued products, which consists of charges for claims against us related primarily to asbestos personal injury claims, net of probable insurance recoveries; royalty income; and net (gains) losses on asset sales.

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2024
Income Tax Disclosure [Abstract]
Income Taxes	NOTE 5. INCOME TAXES For the first quarter of 2024, we recorded income tax expense of $ 6 million on a loss before income taxes of $ 52 million. Income tax expense for the three months ended March 31, 2024 includes a net discrete tax benefit of $ 1 million. For the first quarter of 2023, we recorded an income tax benefit of $ 1 million on loss before income taxes of $ 100 million. Income tax expense for the three months ended March 31, 2023 includes net discrete tax expense of $ 1 million. We record taxes based on overall estimated annual effective tax rates. The difference between our effective tax rate and the U.S. statutory rate of 21 % for the three months ended March 31, 2024 and three months ended March 31, 2023 primarily relates to losses in foreign jurisdictions in which no tax benefits are recorded and the discrete items noted above. The Organisation for Economic Co-operation and Development (OECD) have published the Pillar Two model rules which adopt a global corporate minimum tax of 15 % for multinational enterprises with average revenue in excess of € 750 million. Certain jurisdictions in which we operate enacted legislation consistent with one or more of the OECD Pillar Two model rules effective in 2024. The model rules include minimum domestic top-up taxes, income inclusion rules, and undertaxed profit rules all aimed to ensure that multinational corporations pay a minimum effective corporate tax rate of 15 % in each jurisdiction in which they operate. We do not expect the Pillar Two model rules to materially impact our annual effective tax rate in 2024. However, we are continuing to evaluate the Pillar Two model rules and related legislation and their potential impact on future periods. We consider both positive and negative evidence when measuring the need for a valuation allowance. The weight given to the evidence is commensurate with the extent to which it may be objectively verified. Current and cumulative financial reporting results are a source of objectively verifiable evidence. We give operating results during the most recent three-year period a significant weight in our analysis. We typically only consider forecasts of future profitability when positive cumulative operating results exist in the most recent three-year period. We perform scheduling exercises to determine if sufficient taxable income of the appropriate character exists in the periods required in order to realize our deferred tax assets with limited lives (such as tax loss carryforwards and tax credits) prior to their expiration. We also consider prudent tax planning strategies (including an assessment of their feasibility) to accelerate taxable income if required to utilize expiring deferred tax assets. A valuation allowance is not required to the extent that, in our judgment, positive evidence exists with a magnitude and duration sufficient to result in a conclusion that it is more likely than not that our deferred tax assets will be realized. At March 31, 2024 and December 31, 2023, we had approximately $ 1.3 billion and $ 1.2 billion of U.S. federal, state and local net deferred tax assets, respectively, inclusive of valuation allowances totaling $ 22 million in each period, primarily for state tax loss carryforwards with limited lives. As of March 31, 2024, approximately $ 1.1 billion of these U.S. net deferred tax assets had unlimited lives and approximately $ 200 million had limited lives, including $ 22 million of foreign tax credits, and the majority do not start to expire until 2031. As of December 31, 2023, approximately $ 1.0 billion of these U.S. net deferred tax assets had unlimited lives and approximately $ 200 million had limited lives, including $ 22 million of foreign tax credits, and the majority do not start to expire until 2031. In the U.S., as of December 31, 2023, we emerged from a three-year cumulative loss which was driven by business disruptions created by the COVID-19 pandemic. Our U.S. cumulative income for the three-years ended March 31, 2024 is primarily a result of gains from other comprehensive income rather than consistently profitable U.S. operating results. Our U.S. operating results for the first quarter of 2024 have shown improvement when compared to the first quarter of 2023. In assessing our ability to utilize our net deferred tax assets, we primarily consider objectively verifiable evidence, including the improvement of our U.S. operating results during the first quarter of 2024 as a result of lower raw material and transportation costs and benefits from the Goodyear Forward plan compared to the first quarter of 2023. In addition, we consider our current forecasts of future profitability in assessing our ability to realize our deferred tax assets as well as the impact of tax planning strategies. These forecasts include the impact of recent trends and various macroeconomic factors such as the impact of raw material, transportation, labor and energy costs on our profitability. Our tax planning strategies include accelerating income on cross border transactions, including sales of inventory or raw materials to our subsidiaries, reducing U.S. interest expense by, for example, reducing intercompany loans through repatriating current year earnings of foreign subsidiaries, repatriation of certain foreign royalty income, and other financing transactions, all of which would increase our domestic profitability. We believe our improvement in U.S. operating results for the three months ended March 31, 2024 compared to the three months ended March 31, 2023, as well as forecasts of future profitability, provide us sufficient positive evidence to conclude that it is more likely than not that, at March 31, 2024, our U.S. net deferred tax assets will be fully utilized. However, macroeconomic factors such as raw material, transportation, labor and energy costs possess a high degree of volatility and can significantly impact our profitability. In addition, certain tax provisions, such as the annual interest expense limitation under Section 163(j) of the Internal Revenue Code of 1986, if amended, could impact our analysis of the realizability of our U.S. deferred tax assets. If our U.S. operating results significantly decline in the future, we may need to record a valuation allowance which could adversely impact our operating results. As such, we will closely monitor our U.S. operations as well as any tax law changes to assess the realizability of our U.S. deferred tax assets. At March 31, 2024 and December 31, 2023, we also had approximately $ 1.5 billion of foreign net deferred tax assets and related valuation allowances of approximately $ 1.2 billion. 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 these net foreign deferred tax assets. Most notably, in Luxembourg, we maintain a valuation allowance of approximately $ 1.0 billion on all 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. We do not believe that sufficient positive evidence required to release valuation allowances on our foreign deferred tax assets having a significant impact on our financial position or results of operations will exist within the next twelve months. For the three months ended March 31, 2024 , changes to our unrecognized tax benefits did no t, and for the full year of 2024 are not expected to, have a significant impact on our financial position or results of operations. We are open to examination in the United States for 2021 and in Germany from 2018 onward. Generally, for our remaining tax jurisdictions, years from 2019 onward are still open to examination.

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2024
Earnings Per Share [Abstract]
Earnings Per Share	NOTE 6. 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 March 31, (In millions, except per share amounts) 2024 2023 Earnings (loss) per share — basic: Goodyear net loss $ ( 57 ) $ ( 101 ) Weighted average shares outstanding 286 285 Earnings (loss) per common share — basic $ ( 0.20 ) $ ( 0.35 ) Earnings (loss) per share — diluted: Goodyear net loss $ ( 57 ) $ ( 101 ) Weighted average shares outstanding 286 285 Dilutive effect of stock options and other dilutive securities — — Weighted average shares outstanding — diluted 286 285 Earnings (loss) per common share — diluted $ ( 0.20 ) $ ( 0.35 ) Weighted average shares outstanding — diluted for the three months ended March 31, 2024 and 2023 excludes the dilutive effect of approximately 2 million and 1 million equivalent shares, respectively, related primarily to unvested restricted stock units and options with exercise prices less than the average market price of our common shares (i.e., "in-the-money" options), as their inclusion would have been anti-dilutive due to the Goodyear net loss. Additionally, weighted average shares outstanding — diluted for the three months ended March 31, 2024 and 2023 excludes approximately 1 million and 2 million equivalent shares, respectively, related to options with exercise prices greater than the average market price of our common shares (i.e., "underwater" options).

Business Segments

Business Segments	3 Months Ended
	Mar. 31, 2024
Segment Reporting [Abstract]
Business Segments	NOTE 7. BUSINESS SEGMENTS Three Months Ended March 31, (In millions) 2024 2023 Sales: Americas $ 2,588 $ 2,867 Europe, Middle East and Africa 1,347 1,492 Asia Pacific 602 582 Net Sales $ 4,537 $ 4,941 Segment Operating Income: Americas $ 179 $ 79 Europe, Middle East and Africa 8 8 Asia Pacific 60 38 Total Segment Operating Income $ 247 $ 125 Less: Rationalizations (Note 3) $ 22 $ 32 Interest expense 126 127 Other (income) expense (Note 4) 30 25 Asset write-offs (recoveries), accelerated depreciation, 51 2 Corporate incentive compensation plans 20 20 Retained expenses of divested operations 5 4 Other (1) 45 15 Loss before Income Taxes $ ( 52 ) $ ( 100 ) (1) Other for the three months ended March 31, 2024 includes $ 28 million of costs related to the Goodyear Forward plan, primarily related to third-party advisory, legal and consulting fees and costs associated with planned asset sales. Rationalizations and asset write-offs (recoveries), accelerated depreciation, and accelerated lease costs, as described in Note to the Consolidated Financial Statements No. 3, Costs Associated with Rationalization Programs and net (gains) losses on asset sales, as described in Note to the Consolidated Financial Statements No. 4, Other (Income) Expense, were not charged to the strategic business units ("SBUs") for performance evaluation purposes but were attributable to the SBUs as follows: Three Months Ended March 31, (In millions) 2024 2023 Rationalizations: Americas $ 5 $ 5 Europe, Middle East and Africa 6 24 Asia Pacific 11 3 Total Segment Rationalizations $ 22 $ 32 Net (Gains) Losses on Asset Sales: Americas $ — $ ( 2 ) Europe, Middle East and Africa 2 — Total Segment Net (Gains) Losses on Asset Sales $ 2 $ ( 2 ) Asset Write-offs (Recoveries), Accelerated Depreciation, and Accelerated Lease Costs, net: Americas $ 8 $ 8 Europe, Middle East and Africa 16 ( 6 ) Asia Pacific 7 — Total Segment Asset Write-offs (Recoveries), Accelerated Depreciation, and Accelerated Lease Costs, net $ 31 $ 2 Corporate 20 — Total Asset Write-offs (Recoveries), Accelerated Depreciation, and Accelerated Lease Costs, net $ 51 $ 2

Financing Arrangements and Deri

Financing Arrangements and Derivative Financial Instruments	3 Months Ended
	Mar. 31, 2024
Financing Arrangements And Derivative Financial Instruments [Abstract]
Financing Arrangements and Derivative Financial Instruments	NOTE 8. FINANCING ARRANGEMENTS AND DERIVATIVE FINANCIAL INSTRUMENTS At March 31, 2024, we had total credit arrangements o f $ 11,476 million, of which $ 3,313 million were unused. At that date, approximately 26 % of our debt was at variable interest rates averaging 7.06 %. Notes Payable and Overdrafts, Long Term Debt and Finance Leases due Within One Year and Short Term Financing Arrangements At March 31, 2024 , we had short term committed and uncommitted credit arrangements totaling $ 754 million, of which $ 338 million were unused. These arrangements are available primarily to certain of our foreign subsidiaries throug h various banks at quoted market interest rates. The following table presents amounts due within one year: March 31, December 31, (In millions) 2024 2023 Chinese credit facilities $ 41 $ 15 Other foreign and domestic debt 347 329 Notes Payable and Overdrafts $ 388 $ 344 Weighted average interest rate 9.03 % 10.52 % Chinese credit facilities $ 115 $ 54 Other foreign and domestic debt (including finance leases) 280 395 Long Term Debt and Finance Leases due Within One Year $ 395 $ 449 Weighted average interest rate 6.47 % 7.27 % Total obligations due within one year $ 783 $ 793 Long Term Debt and Finance Leases and Financing Arrangements At March 31, 2024, we had long term credit arrangements totaling $ 10,722 million, of which $ 2,975 mil lion were unused. The following table presents long term debt and finance leases, net of unamortized discounts, and interest rates: March 31, 2024 December 31, 2023 Interest Interest (In millions) Amount Rate Amount Rate Notes: 9.5 % due 2025 $ 801 $ 801 5 % due 2026 900 900 4.875 % due 2027 700 700 7.625 % due 2027 127 128 7 % due 2028 150 150 2.75 % Euro Notes due 2028 432 442 5 % due 2029 850 850 5.25 % due April 2031 550 550 5.25 % due July 2031 600 600 5.625 % due 2033 450 450 Credit Facilities: First lien revolving credit facility due 2026 630 6.56 % 385 6.71 % European revolving credit facility due 2028 292 5.36 % — — Pan-European accounts receivable facility 159 5.94 % 244 6.11 % Mexican credit facility 200 7.42 % 84 7.57 % Chinese credit facilities 186 3.73 % 174 3.94 % Other foreign and domestic debt (1) 622 6.70 % 591 7.44 % 7,649 7,049 Unamortized deferred financing fees ( 35 ) ( 37 ) 7,614 7,012 Finance lease obligations (2) 264 268 7,878 7,280 Less portion due within one year ( 395 ) ( 449 ) $ 7,483 $ 6,831 (1) Interest rates are weighted average interest rates primarily related to various foreign credit facilities with customary terms and conditions. (2) Includes no non-cash financing additions during the three months ended March 31, 2024, and $ 17 million of non-cash financing additions during the twelve months ended December 31, 2023. NOTES At March 31, 2024, we ha d $ 5,560 mi llion of outstanding notes, compared to $ 5,571 million at December 31, 2023. CREDIT FACILITIES $ 2.75 billion Amended and Restated First Lien Revolving Credit Facility due 2026 Our amended and restated first lien revolving credit facility matures on June 8, 2026 and is available in the form of loans or letters of credit. Up to $ 800 million in letters of credit and $ 50 million of swingline loans are available for issuance under the facility. 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. Availability under the facility is subject to a borrowing base, which is based 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 in an amount not to exceed $ 400 million, (iii) the value of eligible machinery and equipment, and (iv) certain cash in an amount not to exceed $ 275 million. To the extent that our eligible accounts receivable, 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 $ 2.75 billion. As of March 31, 2024, our borrowing base, and therefore our availability, under this facility was $ 178 million below the facility's stated amount of $ 2.75 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, 2020. The facility also has customary defaults, including a cross-default to material indebtedness of Goodyear and our subsidiaries. If Available Cash (as defined in the facility) plus the availability under the facility is greater than $ 750 million, amounts drawn under the facility will bear interest, at our option, at (i) 125 basis points over SOFR or (ii) 25 basis points over an alternate 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) SOFR for a one month interest period plus 100 basis points). If Available Cash plus the availability under the facility is equal to or less than $ 750 million, then amounts drawn under the facility will bear interest, at our option, at (i) 150 basis points over SOFR or (ii) 50 basis points over an alternate base rate. Based on our current liquidity, amounts drawn under this facility bear interest at SOFR plus 125 basis points. Undrawn amounts under the facility are subject to an annual commitment fee of 25 basis points. At March 31, 2024, we had $ 630 million of borrowings and $ 1 million of letters of credit issued under the revolving credit facility. At December 31, 2023, we had $ 385 million of borrowings and $ 1 million of letters of credit issued under the revolving credit facility. € 800 million Amended and Restated Senior Secured European Revolving Credit Facility due 2028 The European revolving credit facility matures on January 14, 2028 and consists of (i) a € 180 million German tranche that is available only to Goodyear Germany GmbH and (ii) a € 620 million all-borrower tranche that is available to Goodyear Europe B.V. ("GEBV"), Goodyear Germany and Goodyear Operations S.A. Up to € 175 million of swingline loans and € 75 million in letters of credit are available for issuance under the all-borrower tranche. Subject to the consent of the lenders whose commitments are to be increased, we may request that the facility be increased by up to € 200 million. Amounts drawn under this facility will bear interest at SOFR plus 150 basis points for loans denominated in U.S. dollars, EURIBOR plus 150 basis points for loans denominated in euros, and SONIA plus 150 basis points for loans denominated in pounds sterling. Undrawn amounts under the facility are subject to an annual commitment fee of 25 basis points. GEBV 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. GEBV 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. first lien revolving credit facility 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, 2021. The facility also has customary defaults, including a cross-default to material indebtedness of Goodyear and our subsidiaries. At March 31, 2024, there were no borrowings outstanding under the German tranche, $ 292 million (€ 270 million) of borrowings outstanding under the all-borrower tranche and no letters of credit outstanding under the European revolving credit facility. At December 31, 2023, we had no borrowings and no letters of credit outstanding under the European revolving credit facility. Accounts Receivable Securitization Facilities (On-Balance Sheet) GEBV and certain other of our European subsidiaries are parties to a pan-European accounts receivable securitization facility that expires in 2027. 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 19, 2023 through October 16, 2024, the designated maximum amount of the facility is € 300 million. The facility involves an ongoing daily sale of substantially all of the trade accounts receivable of certain GEBV subsidiaries. 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) October 19, 2027, (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 first lien revolving credit facility; 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 16, 2024. At March 31, 2024, the amounts available and utilized under this program totaled $ 159 million (€ 147 million). At December 31, 2023, the amounts available and utilized under this program totaled $ 244 million (€ 221 million). The program does not qualify for sale accounting, and accordingly, these amounts are included in Long Term Debt and Finance 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. 16, Financing Arrangements and Derivative Financial Instruments, in our 2023 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 March 31, 2024, the gross amount of receivables sold was $ 689 million, compared to $ 693 million at December 31, 2023. Supplier Financing We have entered into supplier finance programs with several financial institutions. Under these programs, the financial institutions act as our paying agents with respect to accounts payable due to our suppliers. We agree to pay the financial institutions the stated amount of the confirmed invoices from the designated suppliers on the original due dates of the invoices. Invoice payment terms can be up to 120 days based on industry norms for the specific item purchased. We do not pay any fees to the financial institutions and we do not pledge any assets as security or provide other forms of guarantees for these programs. These programs allow our suppliers to sell their receivables to the financial institutions at the sole discretion of the suppliers and the financial institutions on terms that are negotiated among them. We are not always notified when our suppliers sell receivables under these programs. Our obligations to our suppliers, including the amounts due and scheduled payment dates, are not impacted by our suppliers’ decisions to sell their receivables under these programs. The amounts available under these programs were $ 860 million and $ 892 million at March 31, 2024 and December 31, 2023, respectively. The amounts confirmed to the financial institutions were $ 609 million and $ 580 million at March 31, 2024 and December 31, 2023, respectively, and are included in Accounts Payable — Trade in our Consolidated Balance Sheets. All activity related to these obligations is presented within operating activities on the Consolidated Statements of Cash Flows. Other Foreign Credit Facilities A Mexican subsidiary and a U.S. subsidiary have a revolving credit facility in Mexico. At March 31, 2024, the amounts available and utilized under this facility were $ 200 million. At December 31, 2023, the amounts available and utilized under this facility were $ 200 milli on and $ 84 million, respectively. The facility has covenants relating to the Mexican and U.S. subsidiaries and has customary representations and warranties and defaults relating to the Mexican and U.S. subsidiaries’ ability to perform their respective obligations under the facility. The facility matures in 2024; however, our subsidiaries have received a commitment to renew and extend the facility under substantially the same customary representations, warranties and default provisions with a maturity date in 2026. Our Chinese subsidiaries have several financing arrangements in China. These facilities contain covenants relating to these Chinese subsidiaries and have customary representations and warranties and defaults relating to these Chinese subsidiaries' ability to perform their respective obligations under these facilities. These facilities are also available for other off-balance sheet utilization, such as letters of credit and bank acceptances. The following table presents the total amounts available and utilized under the Chinese financing arrangements: March 31, December 31, (In millions) 2024 2023 Total available $ 953 $ 937 Amounts utilized: Notes Payable and Overdrafts $ 41 $ 15 Long Term Debt due Within One Year 115 54 Long Term Debt 71 120 Letters of credit, bank acceptances and other utilization 116 91 Total utilized $ 343 $ 280 Maturities 4/24 - 8/28 2/24 - 8/28 Certain of these facilities can only be used to finance the expansion of one of our manufacturing facilities in China and the unused amount available under these facilities was $ 93 million at both March 31, 2024 and December 31, 2023. 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 hedge contracts that do not meet the criteria to be accounted for as cash flow hedging instruments: March 31, December 31, (In millions) 2024 2023 Fair Values — Current asset (liability): Accounts receivable $ 18 $ 2 Other current liabilities ( 5 ) ( 27 ) At March 31, 2024 and December 31, 2023, these outstanding foreign currency derivatives had notional amounts of $ 1,867 million and $ 1,930 million, respectively, and were primarily related to intercompany loans. Other (Income) Expense included net transaction gains on derivatives of $ 35 million and net transaction losses on derivatives of $ 2 million for the three months ended March 31, 2024 and 2023, 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 hedge contracts that meet the criteria to be accounted for as cash flow hedging instruments: March 31, December 31, (In millions) 2024 2023 Fair Values — Current asset (liability): Accounts receivable $ — $ — Other current liabilities — ( 2 ) At March 31, 2024 and December 31, 2023, these outstanding foreign currency derivatives had notional amounts o f $ 2 million and $ 27 million, respectively, and primarily related to U.S. dollar denominated intercompany transactions. Based on our current forecasts, we believe that it is probable that the underlying hedge transactions will occur within an appropriate time frame in order to continue to qualify for cash flow hedge accounting treatment. 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 the classification of changes in fair values of foreign currency contracts that meet the criteria to be accounted for as cash flow hedging instruments (before tax and minority): Three Months Ended March 31, (In millions) 2024 2023 Amount of gains (losses) deferred to Accumulated Other Comprehensive Loss ("AOCL") $ — $ ( 2 ) Reclassification adjustment for amounts recognized in Cost of Goods Sold ("CGS") 1 — No net deferred losses at March 31, 2024 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 were 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 default probabilities, 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	3 Months Ended
	Mar. 31, 2024
Fair Value Disclosures [Abstract]
Fair Value Measurements	NOTE 9. FAIR VALUE MEASUREMENTS The following table presents information about assets and liabilities recorded at fair value on the Consolidated Balance Sheets at March 31, 2024 and December 31, 2023: Total Carrying Value Quoted Prices in Active Significant Other Significant (In millions) 2024 2023 2024 2023 2024 2023 2024 2023 Assets: Investments $ 21 $ 19 $ 21 $ 19 $ — $ — $ — $ — Foreign Exchange Contracts 18 2 — — 18 2 — — Total Assets at Fair Value $ 39 $ 21 $ 21 $ 19 $ 18 $ 2 $ — $ — Liabilities: Foreign Exchange Contracts $ 5 $ 29 $ — $ — $ 5 $ 29 $ — $ — Total Liabilities at Fair Value $ 5 $ 29 $ — $ — $ 5 $ 29 $ — $ — The following table presents supplemental fair value information about long term fixed rate and variable rate debt, excluding finance leases, at March 31, 2024 and December 31, 2023: March 31, December 31, (In millions) 2024 2023 Fixed Rate Debt: (1) Carrying amount — liability $ 5,707 $ 5,720 Fair value — liability 5,455 5,488 Variable Rate Debt: (1) Carrying amount — liability $ 1,907 $ 1,292 Fair value — liability 1,869 1,286 (1) Excludes Notes Payable and Overdrafts of $ 388 million and $ 344 million at March 31, 2024 and December 31, 2023, respectively, of whic h $ 170 million and $ 111 million, respectively, are at fixed rates and $ 218 million and $ 233 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 $ 5,273 million and $ 5,301 million at March 31, 2024 and December 31, 2023 , respectively, were estimated using quoted Level 1 market prices. The carrying value of the remaining debt was based upon internal estimates of fair value derived from market prices for similar debt.

Pension, Savings and Other Post

Pension, Savings and Other Postretirement Benefit Plans	3 Months Ended
	Mar. 31, 2024
Retirement Benefits [Abstract]
Pension, Savings and Other Postretirement Benefits Plans	NOTE 10. 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. Three Months Ended March 31, (In millions) 2024 2023 Service cost $ 2 $ 2 Interest cost 44 49 Expected return on plan assets ( 52 ) ( 58 ) Amortization of net losses 24 25 Net periodic pension cost $ 18 $ 18 Net curtailments/settlements/termination benefits ( 5 ) — Total defined benefit pension cost $ 13 $ 18 Non-U.S. Three Months Ended March 31, (In millions) 2024 2023 Service cost $ 5 $ 5 Interest cost 27 27 Expected return on plan assets ( 23 ) ( 23 ) Amortization of net losses 5 5 Net periodic pension cost $ 14 $ 14 Service cost is recorded in CGS or SAG. Other components of net periodic pension cost are recorded in Other (Income) Expense. Net curtailments, settlements and termination benefits, if any, are recorded in Other (Income) Expense or Rationalizations if related to a rationalization plan. In the first quarter of 2024, a pension settlement credit of $ 5 million was recorded in Other (Income) Expense. The settlement credit resulted from a premium refund related to the purchase of a group annuity contract for the Cooper Tire U.S. salaried defined benefit pension plan in 2023. 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 for the three months ended March 31, 2024 and 2023 was $ 2 million for each period. We expect to contribute $ 25 million to $ 50 million to our funded non-U.S. pension plans in 2024. For the three months ended March 31, 2024 , we contributed $ 9 million to our non-U.S. plans. The expense recognized for our contributions to defined contribution savings plans for the three months ended March 31, 2024 and 2023 was $ 37 million and $ 35 million, respectively.

Stock Compensation Plans

Stock Compensation Plans	3 Months Ended
	Mar. 31, 2024
Share-Based Payment Arrangement [Abstract]
Stock Compensation Plans	NOTE 11. STOCK COMPENSATION PLANS Our Board of Director s granted 1.6 million restricted stock units and 1.2 million performance share units during the three months ended March 31, 2024 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 $ 12.33 for restricted stock units and $ 11.45 for performance share units granted during the three months ended March 31, 2024. We recognized stock-based compensation expense of $ 3 million and $ 5 million during the three months ended March 31, 2024 and 2023, respectively. At March 31, 2024 , unearned compensation cost related to the unvested portion of all stock-based awards was approximately $ 35 million and is expected to be recognized over the remaining vesting period of the respective grants, through the first quarter of 2027 .

Commitments and Contingent Liab

Commitments and Contingent Liabilities	3 Months Ended
	Mar. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingent Liabilities	NOTE 12. COMMITMENTS AND CONTINGENT LIABILITIES Environmental Matters We have recorded liabilities totaling $ 82 million and $ 80 million at March 31, 2024 and December 31, 2023 , respectively, for anticipated costs related to various environmental matters, primarily the remediation of numerous waste disposal sites and certain properties sold by us. Of these amounts, $ 26 million and $ 27 million were included in Other Current Liabilities at March 31, 2024 and December 31, 2023, 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 $ 169 million and $ 167 million for anticipated costs related to workers’ compensation at March 31, 2024 and December 31, 2023 , respectively. Of these amounts, $ 32 million an d $ 37 million were included in Current Liabilities as part of Compensation and Benefits at March 31, 2024 and December 31, 2023, 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 March 31, 2024 and December 31, 2023, the liability was discounted using a risk-free rate of return. At March 31, 2024, we estimate that it is reasonably possible that the liability could exceed our recorded amounts by approximately $ 20 million. General and Product Liability and Other Litigation We have recorded liabilities for both asserted and unasserted claims totaling $ 446 million and $ 438 million, including related legal fees expected to be incurred, for potential product liability and other tort claims, including asbestos claims, at March 31, 2024 and December 31, 2023 , respectively. Of these amounts, $ 47 million and $ 46 million were included in Other Current Liabilities at March 31, 2024 and December 31, 2023, 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 March 31, 2024, 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 Recei vable of $ 11 million and within Other Assets of $ 3 million for Sumitomo Rubber Industries, Ltd.'s ("S RI") 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 r esult 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 160,100 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 $ 584 million through March 31, 2024 and $ 580 million through December 31, 2023. A summary of recent approximate asbestos claims activity follows. Because claims are often filed and disposed of by settlement or dismissal in large numbers, the amount and timing of filings, settlements and dismissals and the number of open claims during a particular period can fluctuate significantly. Three Months Ended Year Ended (Dollars in millions) March 31, 2024 December 31, 2023 Pending claims, beginning of period 35,800 37,200 New claims filed 250 900 Claims settled/dismissed ( 200 ) ( 2,300 ) Pending claims, end of period 35,850 35,800 Payments (1) $ 3 $ 15 (1) Represents cash payments made during the period by us and our insurers for 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 una sserted 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 $ 121 million and $ 120 million at March 31, 2024 and December 31, 2023 , 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 an insurance receivable related to asbestos claims of $ 67 million and $ 66 million at March 31, 2024 and December 31, 2023 , respectively. We expect that approximately 55 % of asbestos claim related losses would be recoverable through insurance during the ten-year period covered by the estimated liability. Of these amounts, $ 10 million were included in Current Assets as part of Accounts Receivable at both March 31, 2024 and December 31, 2023. 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, 2023 , we had approximately $ 520 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. In addition, 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 also 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. 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. Binding Commitments and Guarantees We have off-balance sheet financial guarantees and other commitments totaling $ 32 million and $ 31 million at March 31, 2024 and December 31, 2023, 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 2015, as a result of the dissolution of the global alliance with SRI, we issued a guarantee of $ 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 March 31, 2024 , this guarantee amount has been reduced to $ 18 million. We h ave 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, as applicable. We are unable to estimate the extent to which our lessors’, customers’ or SRI's assets would be adequate to recover any payments made by us under the related guarantees. We have an agreement to provide a revolving loan commitment to TireHub. During the first quarter of 2024, the revolving loan commitment increased from $ 100 million to $ 130 million. At March 31, 2024, $ 117 million was drawn on this commitment, which includes $ 2 million of interest. At December 31, 2023, $ 96 million was drawn on this commitment, which includes $ 2 million of interest . Subsequent Event In March 2024, we received net proceeds of $ 108 million from the sale of a distribution center in Germany. In April 2024, once the transaction closed, we recognized a gain, net of transaction costs, of approximately $ 80 million in Other (Income) Expense.

Capital Stock

Capital Stock	3 Months Ended
	Mar. 31, 2024
Capital Stock [Abstract]
Capital Stock	NOTE 13. CAPITAL STOCK Common Stock Repurchases 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 stock options or the vesting or payment of stock awards. During the first three months of 2024, we did no t repurchase any shares from employees.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	3 Months Ended
	Mar. 31, 2024
Equity [Abstract]
Accumulated Other Comprehensive Loss	NOTE 14. ACCUMULATED OTHER COMPREHENSIVE LOSS The following tables present changes in AOCL, by component, for the three months ended March 31, 2024 and 2023, after tax and minority interest. (In millions) Income (Loss) Foreign Unrealized Gains (Losses) from Securities Unrecognized Deferred Total Balance at December 31, 2023 $ ( 1,613 ) $ 1 $ ( 2,224 ) $ 1 $ ( 3,835 ) Other comprehensive income (loss) before reclassifications ( 6 ) — 4 — ( 2 ) Amounts reclassified from accumulated other comprehensive loss — — 17 1 18 Balance at March 31, 2024 $ ( 1,619 ) $ 1 $ ( 2,203 ) $ 2 $ ( 3,819 ) (In millions) Income (Loss) Foreign Unrealized Gains (Losses) from Securities Unrecognized Deferred Total Balance at December 31, 2022 $ ( 1,663 ) $ 1 $ ( 2,215 ) $ 2 $ ( 3,875 ) Other comprehensive income (loss) before 34 — ( 2 ) ( 2 ) 30 Amounts reclassified from accumulated other comprehensive loss — — 21 — 21 Balance at March 31, 2023 $ ( 1,629 ) $ 1 $ ( 2,196 ) $ — $ ( 3,824 ) The following table presents reclassifications out of AOCL: Three Months Ended 2024 2023 (In millions) (Income) Expense Amount Reclassified Affected Line Item in the Consolidated Component of AOCL from AOCL Statements of Operations Amortization of prior service cost and $ 28 $ 28 Other (Income) Expense Immediate recognition of prior service cost ( 5 ) — Other (Income) Expense / Rationalizations Unrecognized net actuarial losses and 23 28 Tax effect ( 6 ) ( 7 ) United States and Foreign Taxes Net of tax $ 17 $ 21 Goodyear Net Income (Loss) Deferred derivative (gains) losses, before tax $ 1 $ — Cost of Goods Sold Tax effect — — United States and Foreign Taxes Net of tax $ 1 $ — Goodyear Net Income (Loss) Total reclassifications $ 18 $ 21 Goodyear Net Income (Loss) The following table presents the details of comprehensive income (loss) attributable to minority shareholders: Three Months Ended March 31, (In millions) 2024 2023 Net Income (Loss) Attributable to Minority Shareholders $ ( 1 ) $ 2 Other Comprehensive Income (Loss): Foreign currency translation ( 3 ) 3 Other Comprehensive Income (Loss) $ ( 3 ) $ 3 Comprehensive Income (Loss) Attributable to Minority Shareholders $ ( 4 ) $ 5

Accounting Policies (Policies)

Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2024
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 (“SEC”) rules and regulations and generally accepted accounting principles in the United States of America ("U.S. 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 U.S. 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, 2023 (the “2023 Form 10-K”). Operating results for the three months ended March 31, 2024 are not necessarily indicative of the results expected in subsequent quarters or for the year ending December 31, 2024.
Recently Issued Accounting Standards	Recently Issued Accounting Standards On March 6, 2024, the SEC issued final rules that require registrants to enhance and standardize climate-related disclosures in their annual reports beginning with periods ending December 31, 2025. The final rules will require information about climate-related risks that have materially impacted, or are reasonably likely to have a material impact on, a registrant’s business strategy, results of operations or financial condition, the governance of climate-related matters, certain climate-related targets and goals, and certain greenhouse gas emissions. The rules will also require certain financial statement disclosures related to the impact of severe weather events and other natural conditions. On April 4, 2024, the SEC stayed the final rules pending completion of judicial review of several lawsuits challenging the rules that have been consolidated in the U.S. Court of Appeals for the 8th Circuit. We are currently assessing the impact of these rules on our disclosures in both our Annual Report on Form 10-K and the notes to the consolidated financial statements.
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 primarily carried at cost. All intercompany balances and transactions have been eliminated in consolidation.
Restricted Cash	Restricted Cash The following table provides a reconciliation of Cash, Cash Equivalents and Restricted Cash as reported within the Consolidated Statements of Cash Flows: March 31, (In millions) 2024 2023 Cash and Cash Equivalents $ 893 $ 1,082 Restricted Cash 61 81 Total Cash, Cash Equivalents and Restricted Cash $ 954 $ 1,163 Restricted Cash primarily represents amounts required to be set aside for accounts receivable factoring programs. The restrictions lapse when cash from factored accounts receivable is remitted to the purchaser of those receivables. At March 31, 2024, restricted cash was recorded in Prepaid Expenses and Other Current Assets in the Consolidated Balance Sheets. At March 31, 2023 , $ 70 million and $ 11 million were recorded in Prepaid Expenses and Other Current Assets and Other Assets in the Consolidated Balance Sheets, respectively.
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)	3 Months Ended
	Mar. 31, 2024
Accounting Policies [Abstract]
Schedule Of Reconciliation of Cash, Cash Equivalents and Restricted Cash	The following table provides a reconciliation of Cash, Cash Equivalents and Restricted Cash as reported within the Consolidated Statements of Cash Flows: March 31, (In millions) 2024 2023 Cash and Cash Equivalents $ 893 $ 1,082 Restricted Cash 61 81 Total Cash, Cash Equivalents and Restricted Cash $ 954 $ 1,163

Net Sales (Tables)

Net Sales (Tables)	3 Months Ended
	Mar. 31, 2024
Revenue from Contract with Customer [Abstract]
Disaggregated Net Sales From Contracts with Customers	The following tables show disaggregated net sales from contracts with customers by major source: Three Months Ended March 31, 2024 Europe, Middle East (In millions) Americas and Africa Asia Pacific Total Tire unit sales $ 2,122 $ 1,186 $ 574 $ 3,882 Other tire and related sales 183 132 18 333 Retail services and service related sales 169 29 9 207 Chemical sales 110 — — 110 Other 4 — 1 5 Net Sales by reportable segment $ 2,588 $ 1,347 $ 602 $ 4,537 Three Months Ended March 31, 2023 Europe, Middle East (In millions) Americas and Africa Asia Pacific Total Tire unit sales $ 2,386 $ 1,328 $ 549 $ 4,263 Other tire and related sales 177 139 21 337 Retail services and service related sales 160 25 10 195 Chemical sales 140 — — 140 Other 4 — 2 6 Net Sales by reportable segment $ 2,867 $ 1,492 $ 582 $ 4,941
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 three months ended March 31, 2024: (In millions) Balance at December 31, 2023 $ 28 Revenue deferred during period 54 Revenue recognized during period ( 54 ) Impact of foreign currency translation — Balance at March 31, 2024 $ 28

Costs Associated with Rationa_2

Costs Associated with Rationalization Programs (Tables)	3 Months Ended
	Mar. 31, 2024
Restructuring and Related Activities [Abstract]
Roll-Forward of Liability Balance	The following table presents a roll-forward of the liability balance between periods: Associate- (In millions) Related Costs Other Costs Total Balance at December 31, 2023 $ 518 $ 16 $ 534 2024 Charges 12 11 23 Incurred, net of foreign currency translation of ($ 11 ) million and $ 0 million, respectively ( 55 ) ( 11 ) ( 66 ) Reversed to the Statement of Operations ( 1 ) — ( 1 ) Balance at March 31, 2024 $ 474 $ 16 $ 490
Net Rationalization Charges Included in Income (Loss) Before Income Taxes	The following table shows net rationalization charges included in Income (Loss) before Income Taxes: Three Months Ended March 31, (In millions) 2024 2023 Current Year Plans Associate Severance and Other Related Costs $ 10 $ 7 Other Exit Costs — 13 Current Year Plans - Net Charges $ 10 $ 20 Prior Year Plans Associate Severance and Other Related Costs $ 1 $ 4 Other Exit Costs 11 8 Prior Year Plans - Net Charges $ 12 $ 12 Total Net Charges $ 22 $ 32 Asset write-offs (recoveries), accelerated depreciation, and accelerated lease costs, net $ 51 $ 2

Other (Income) Expense (Tables)

Other (Income) Expense (Tables)	3 Months Ended
	Mar. 31, 2024
Other Income and Expenses [Abstract]
Schedule of Other Income and Expense	Three Months Ended March 31, (In millions) 2024 2023 Non-service related pension and other postretirement benefits cost $ 23 $ 29 Financing fees and financial instruments expense 15 12 Net foreign currency exchange (gains) losses 1 12 Interest income ( 15 ) ( 16 ) General and product liability expense - discontinued products 2 2 Royalty income ( 5 ) ( 7 ) Net (gains) losses on asset sales 2 ( 2 ) Miscellaneous (income) expense 7 ( 5 ) $ 30 $ 25

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2024
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 March 31, (In millions, except per share amounts) 2024 2023 Earnings (loss) per share — basic: Goodyear net loss $ ( 57 ) $ ( 101 ) Weighted average shares outstanding 286 285 Earnings (loss) per common share — basic $ ( 0.20 ) $ ( 0.35 ) Earnings (loss) per share — diluted: Goodyear net loss $ ( 57 ) $ ( 101 ) Weighted average shares outstanding 286 285 Dilutive effect of stock options and other dilutive securities — — Weighted average shares outstanding — diluted 286 285 Earnings (loss) per common share — diluted $ ( 0.20 ) $ ( 0.35 )

Business Segments (Tables)

Business Segments (Tables)	3 Months Ended
	Mar. 31, 2024
Segment Reporting [Abstract]
Business Segment Reporting Information	Three Months Ended March 31, (In millions) 2024 2023 Sales: Americas $ 2,588 $ 2,867 Europe, Middle East and Africa 1,347 1,492 Asia Pacific 602 582 Net Sales $ 4,537 $ 4,941 Segment Operating Income: Americas $ 179 $ 79 Europe, Middle East and Africa 8 8 Asia Pacific 60 38 Total Segment Operating Income $ 247 $ 125 Less: Rationalizations (Note 3) $ 22 $ 32 Interest expense 126 127 Other (income) expense (Note 4) 30 25 Asset write-offs (recoveries), accelerated depreciation, 51 2 Corporate incentive compensation plans 20 20 Retained expenses of divested operations 5 4 Other (1) 45 15 Loss before Income Taxes $ ( 52 ) $ ( 100 ) (1) Other for the three months ended March 31, 2024 includes $ 28 million of costs related to the Goodyear Forward plan, primarily related to third-party advisory, legal and consulting fees and costs associated with planned asset sales.
Rationalizations, Net (Gains) Losses on Asset Sales, Asset Write-offs and Accelerated Depreciation, net	Rationalizations and asset write-offs (recoveries), accelerated depreciation, and accelerated lease costs, as described in Note to the Consolidated Financial Statements No. 3, Costs Associated with Rationalization Programs and net (gains) losses on asset sales, as described in Note to the Consolidated Financial Statements No. 4, Other (Income) Expense, were not charged to the strategic business units ("SBUs") for performance evaluation purposes but were attributable to the SBUs as follows: Three Months Ended March 31, (In millions) 2024 2023 Rationalizations: Americas $ 5 $ 5 Europe, Middle East and Africa 6 24 Asia Pacific 11 3 Total Segment Rationalizations $ 22 $ 32 Net (Gains) Losses on Asset Sales: Americas $ — $ ( 2 ) Europe, Middle East and Africa 2 — Total Segment Net (Gains) Losses on Asset Sales $ 2 $ ( 2 ) Asset Write-offs (Recoveries), Accelerated Depreciation, and Accelerated Lease Costs, net: Americas $ 8 $ 8 Europe, Middle East and Africa 16 ( 6 ) Asia Pacific 7 — Total Segment Asset Write-offs (Recoveries), Accelerated Depreciation, and Accelerated Lease Costs, net $ 31 $ 2 Corporate 20 — Total Asset Write-offs (Recoveries), Accelerated Depreciation, and Accelerated Lease Costs, net $ 51 $ 2

Financing Arrangements and De_2

Financing Arrangements and Derivative Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2024
Debt Instrument [Line Items]
Schedule Of Long Term Debt and Finance Leases Due Within One Year	The following table presents amounts due within one year: March 31, December 31, (In millions) 2024 2023 Chinese credit facilities $ 41 $ 15 Other foreign and domestic debt 347 329 Notes Payable and Overdrafts $ 388 $ 344 Weighted average interest rate 9.03 % 10.52 % Chinese credit facilities $ 115 $ 54 Other foreign and domestic debt (including finance leases) 280 395 Long Term Debt and Finance Leases due Within One Year $ 395 $ 449 Weighted average interest rate 6.47 % 7.27 % Total obligations due within one year $ 783 $ 793
Schedule of Debt	The following table presents long term debt and finance leases, net of unamortized discounts, and interest rates: March 31, 2024 December 31, 2023 Interest Interest (In millions) Amount Rate Amount Rate Notes: 9.5 % due 2025 $ 801 $ 801 5 % due 2026 900 900 4.875 % due 2027 700 700 7.625 % due 2027 127 128 7 % due 2028 150 150 2.75 % Euro Notes due 2028 432 442 5 % due 2029 850 850 5.25 % due April 2031 550 550 5.25 % due July 2031 600 600 5.625 % due 2033 450 450 Credit Facilities: First lien revolving credit facility due 2026 630 6.56 % 385 6.71 % European revolving credit facility due 2028 292 5.36 % — — Pan-European accounts receivable facility 159 5.94 % 244 6.11 % Mexican credit facility 200 7.42 % 84 7.57 % Chinese credit facilities 186 3.73 % 174 3.94 % Other foreign and domestic debt (1) 622 6.70 % 591 7.44 % 7,649 7,049 Unamortized deferred financing fees ( 35 ) ( 37 ) 7,614 7,012 Finance lease obligations (2) 264 268 7,878 7,280 Less portion due within one year ( 395 ) ( 449 ) $ 7,483 $ 6,831 (1) Interest rates are weighted average interest rates primarily related to various foreign credit facilities with customary terms and conditions. (2) Includes no non-cash financing additions during the three months ended March 31, 2024, and $ 17 million of non-cash financing additions during the twelve months ended December 31, 2023.
Schedule Of Fair Values for Foreign Currency Contracts not Designated as Hedging Instruments	The following table presents the fair values for foreign currency hedge contracts that do not meet the criteria to be accounted for as cash flow hedging instruments: March 31, December 31, (In millions) 2024 2023 Fair Values — Current asset (liability): Accounts receivable $ 18 $ 2 Other current liabilities ( 5 ) ( 27 )
Schedule Of Fair Values for Foreign Currency Contracts Designated as Cash Flow Hedges	The following table presents fair values for foreign currency hedge contracts that meet the criteria to be accounted for as cash flow hedging instruments: March 31, December 31, (In millions) 2024 2023 Fair Values — Current asset (liability): Accounts receivable $ — $ — Other current liabilities — ( 2 )
Schedule Of Classification of Changes in Fair Values of Foreign Currency Contracts Designated as Cash Flow Hedging Instruments	The following table presents the classification of changes in fair values of foreign currency contracts that meet the criteria to be accounted for as cash flow hedging instruments (before tax and minority): Three Months Ended March 31, (In millions) 2024 2023 Amount of gains (losses) deferred to Accumulated Other Comprehensive Loss ("AOCL") $ — $ ( 2 ) Reclassification adjustment for amounts recognized in Cost of Goods Sold ("CGS") 1 —
Chinese Credit Facilities [Member]
Debt Instrument [Line Items]
Schedule of Debt	The following table presents the total amounts available and utilized under the Chinese financing arrangements: March 31, December 31, (In millions) 2024 2023 Total available $ 953 $ 937 Amounts utilized: Notes Payable and Overdrafts $ 41 $ 15 Long Term Debt due Within One Year 115 54 Long Term Debt 71 120 Letters of credit, bank acceptances and other utilization 116 91 Total utilized $ 343 $ 280 Maturities 4/24 - 8/28 2/24 - 8/28

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2024
Fair Value Disclosures [Abstract]
Assets and Liabilities at Fair Value	The following table presents information about assets and liabilities recorded at fair value on the Consolidated Balance Sheets at March 31, 2024 and December 31, 2023: Total Carrying Value Quoted Prices in Active Significant Other Significant (In millions) 2024 2023 2024 2023 2024 2023 2024 2023 Assets: Investments $ 21 $ 19 $ 21 $ 19 $ — $ — $ — $ — Foreign Exchange Contracts 18 2 — — 18 2 — — Total Assets at Fair Value $ 39 $ 21 $ 21 $ 19 $ 18 $ 2 $ — $ — Liabilities: Foreign Exchange Contracts $ 5 $ 29 $ — $ — $ 5 $ 29 $ — $ — Total Liabilities at Fair Value $ 5 $ 29 $ — $ — $ 5 $ 29 $ — $ —
Supplemental Fair Value Information	The following table presents supplemental fair value information about long term fixed rate and variable rate debt, excluding finance leases, at March 31, 2024 and December 31, 2023: March 31, December 31, (In millions) 2024 2023 Fixed Rate Debt: (1) Carrying amount — liability $ 5,707 $ 5,720 Fair value — liability 5,455 5,488 Variable Rate Debt: (1) Carrying amount — liability $ 1,907 $ 1,292 Fair value — liability 1,869 1,286 (1) Excludes Notes Payable and Overdrafts of $ 388 million and $ 344 million at March 31, 2024 and December 31, 2023, respectively, of whic h $ 170 million and $ 111 million, respectively, are at fixed rates and $ 218 million and $ 233 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 Po_2

Pension, Savings and Other Postretirement Benefit Plans (Tables)	3 Months Ended
	Mar. 31, 2024
Retirement Benefits [Abstract]
Defined Benefit Pension Cost	Defined benefit pension cost follows: U.S. Three Months Ended March 31, (In millions) 2024 2023 Service cost $ 2 $ 2 Interest cost 44 49 Expected return on plan assets ( 52 ) ( 58 ) Amortization of net losses 24 25 Net periodic pension cost $ 18 $ 18 Net curtailments/settlements/termination benefits ( 5 ) — Total defined benefit pension cost $ 13 $ 18 Non-U.S. Three Months Ended March 31, (In millions) 2024 2023 Service cost $ 5 $ 5 Interest cost 27 27 Expected return on plan assets ( 23 ) ( 23 ) Amortization of net losses 5 5 Net periodic pension cost $ 14 $ 14

Commitments and Contingent Li_2

Commitments and Contingent Liabilities (Tables)	3 Months Ended
	Mar. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
Summary of Recent Approximate Asbestos Claims Activity	A summary of recent approximate asbestos claims activity follows. Because claims are often filed and disposed of by settlement or dismissal in large numbers, the amount and timing of filings, settlements and dismissals and the number of open claims during a particular period can fluctuate significantly. Three Months Ended Year Ended (Dollars in millions) March 31, 2024 December 31, 2023 Pending claims, beginning of period 35,800 37,200 New claims filed 250 900 Claims settled/dismissed ( 200 ) ( 2,300 ) Pending claims, end of period 35,850 35,800 Payments (1) $ 3 $ 15 (1) Represents cash payments made during the period by us and our insurers for asbestos litigation defense and claim resolution.

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	3 Months Ended
	Mar. 31, 2024
Equity [Abstract]
Changes in Accumulated Other Comprehensive Loss by Component, After Tax and Minority Interest	The following tables present changes in AOCL, by component, for the three months ended March 31, 2024 and 2023, after tax and minority interest. (In millions) Income (Loss) Foreign Unrealized Gains (Losses) from Securities Unrecognized Deferred Total Balance at December 31, 2023 $ ( 1,613 ) $ 1 $ ( 2,224 ) $ 1 $ ( 3,835 ) Other comprehensive income (loss) before reclassifications ( 6 ) — 4 — ( 2 ) Amounts reclassified from accumulated other comprehensive loss — — 17 1 18 Balance at March 31, 2024 $ ( 1,619 ) $ 1 $ ( 2,203 ) $ 2 $ ( 3,819 ) (In millions) Income (Loss) Foreign Unrealized Gains (Losses) from Securities Unrecognized Deferred Total Balance at December 31, 2022 $ ( 1,663 ) $ 1 $ ( 2,215 ) $ 2 $ ( 3,875 ) Other comprehensive income (loss) before 34 — ( 2 ) ( 2 ) 30 Amounts reclassified from accumulated other comprehensive loss — — 21 — 21 Balance at March 31, 2023 $ ( 1,629 ) $ 1 $ ( 2,196 ) $ — $ ( 3,824 )
Reclassifications out of Accumulated Other Comprehensive Loss	The following table presents reclassifications out of AOCL: Three Months Ended 2024 2023 (In millions) (Income) Expense Amount Reclassified Affected Line Item in the Consolidated Component of AOCL from AOCL Statements of Operations Amortization of prior service cost and $ 28 $ 28 Other (Income) Expense Immediate recognition of prior service cost ( 5 ) — Other (Income) Expense / Rationalizations Unrecognized net actuarial losses and 23 28 Tax effect ( 6 ) ( 7 ) United States and Foreign Taxes Net of tax $ 17 $ 21 Goodyear Net Income (Loss) Deferred derivative (gains) losses, before tax $ 1 $ — Cost of Goods Sold Tax effect — — United States and Foreign Taxes Net of tax $ 1 $ — Goodyear Net Income (Loss) Total reclassifications $ 18 $ 21 Goodyear Net Income (Loss)
Comprehensive Income (Loss) Attributable to Minority Shareholders	The following table presents the details of comprehensive income (loss) attributable to minority shareholders: Three Months Ended March 31, (In millions) 2024 2023 Net Income (Loss) Attributable to Minority Shareholders $ ( 1 ) $ 2 Other Comprehensive Income (Loss): Foreign currency translation ( 3 ) 3 Other Comprehensive Income (Loss) $ ( 3 ) $ 3 Comprehensive Income (Loss) Attributable to Minority Shareholders $ ( 4 ) $ 5

Accounting Policies - Narrative

Accounting Policies - Narrative (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2023
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Goodwill	$ 780	$ 781
Intangible Assets	$ 962	$ 969
Prepaid Expenses and Other Current Assets
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Restricted cash			$ 70
Other Assets
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Restricted cash			$ 11

Accounting Policies - Restricte

Accounting Policies - Restricted Cash (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2023	Dec. 31, 2022
Accounting Policies [Abstract]
Cash and Cash Equivalents	$ 893	$ 902	$ 1,082
Restricted Cash	61		81
Total Cash, Cash Equivalents and Restricted Cash	$ 954	$ 985	$ 1,163	$ 1,311

Net Sales - Schedule of Disaggr

Net Sales - Schedule of Disaggregated Revenue (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Net Sales by reportable segment	$ 4,537	$ 4,941
Americas
Net Sales by reportable segment	2,588	2,867
Europe, Middle East and Africa
Net Sales by reportable segment	1,347	1,492
Asia Pacific
Net Sales by reportable segment	602	582
Tire Unit Sales [Member]
Net Sales by reportable segment	3,882	4,263
Tire Unit Sales [Member] | Americas
Net Sales by reportable segment	2,122	2,386
Tire Unit Sales [Member] | Europe, Middle East and Africa
Net Sales by reportable segment	1,186	1,328
Tire Unit Sales [Member] | Asia Pacific
Net Sales by reportable segment	574	549
Other Tire and Related Sales [Member]
Net Sales by reportable segment	333	337
Other Tire and Related Sales [Member] | Americas
Net Sales by reportable segment	183	177
Other Tire and Related Sales [Member] | Europe, Middle East and Africa
Net Sales by reportable segment	132	139
Other Tire and Related Sales [Member] | Asia Pacific
Net Sales by reportable segment	18	21
Retail services and service related sales [Member]
Net Sales by reportable segment	207	195
Retail services and service related sales [Member] | Americas
Net Sales by reportable segment	169	160
Retail services and service related sales [Member] | Europe, Middle East and Africa
Net Sales by reportable segment	29	25
Retail services and service related sales [Member] | Asia Pacific
Net Sales by reportable segment	9	10
Chemical sales Member
Net Sales by reportable segment	110	140
Chemical sales Member | Americas
Net Sales by reportable segment	110	140
Chemical sales Member | Europe, Middle East and Africa
Net Sales by reportable segment	0	0
Chemical sales Member | Asia Pacific
Net Sales by reportable segment	0	0
Other Member
Net Sales by reportable segment	5	6
Other Member | Americas
Net Sales by reportable segment	4	4
Other Member | Europe, Middle East and Africa
Net Sales by reportable segment	0	0
Other Member | Asia Pacific
Net Sales by reportable segment	$ 1	$ 2

Net Sales - Narrative (Details)

Net Sales - Narrative (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Revenue from Contract with Customer [Abstract]
Deferred revenue, current	$ 20	$ 18
Deferred revenue, noncurrent	$ 8	$ 10

Net Sales - Schedule of Balance

Net Sales - Schedule of Balance of Deferred Revenue Related to Contracts with Customers (Details) $ in Millions	3 Months Ended
	Mar. 31, 2024 USD ($)
Change in Contract with Customer, Liability [Roll Forward]
Balance at December 31, 2023	$ 28
Revenue deferred during period	54
Revenue recognized during period	(54)
Impact of foreign currency translation	0
Balance at March 31, 2024	$ 28

Costs Associated with Rationa_3

Costs Associated with Rationalization Programs - Roll-Forward of Liability Balance (Details) $ in Millions	3 Months Ended
	Mar. 31, 2024 USD ($)
Restructuring Cost and Reserve [Line Items]
Beginning Balance	$ 534
2024 Charges	23
Incurred, net of foreign currency translation of ($11) million and $0 million, respectively	(66)
Reversed to the Statement of Operations	(1)
Ending Balance	490
Associate-Related Costs
Restructuring Cost and Reserve [Line Items]
Beginning Balance	518
2024 Charges	12
Incurred, net of foreign currency translation of ($11) million and $0 million, respectively	(55)
Reversed to the Statement of Operations	(1)
Ending Balance	474
Other Costs
Restructuring Cost and Reserve [Line Items]
Beginning Balance	16
2024 Charges	11
Incurred, net of foreign currency translation of ($11) million and $0 million, respectively	(11)
Reversed to the Statement of Operations	0
Ending Balance	$ 16

Costs Associated with Rationa_4

Costs Associated with Rationalization Programs - Roll-Forward of Liability Balance (Parenthetical) (Details) $ in Millions	3 Months Ended
	Mar. 31, 2024 USD ($)
Associate-Related Costs
Restructuring Cost and Reserve [Line Items]
Foreign currency translation	$ (11)
Other Costs
Restructuring Cost and Reserve [Line Items]
Foreign currency translation	$ 0

Costs Associated with Rationa_5

Costs Associated with Rationalization Programs - Narrative (Details) $ in Millions	3 Months Ended
	Mar. 31, 2024 USD ($) Employee	Mar. 31, 2023 USD ($)	Dec. 31, 2023 USD ($)
Restructuring Cost and Reserve [Line Items]
Expected number of position to be released (in employees) | Employee	3,550
Accrued related plans	$ 5
Restructuring reserve	490		$ 534
Rationalizations (Note 3)	22	$ 32
Rationalization charges to date	920
Future rationalization charges expected	$ 250
Number of associates released | Employee	250
Reversed to the Statement of Operations	$ (1)
Selling, General and Administrative Expense	696	664
Other Current Liabilities	1,185		1,165
Cash charges	23
Amiens Labor Claims
Restructuring Cost and Reserve [Line Items]
Restructuring reserve	5
February 2024
Restructuring Cost and Reserve [Line Items]
Accrued related plans	$ 10
Number Of Job Reduction | Employee	550
Cash charges	$ 16
Estimated total pre-tax charges	40
Accrued pre tax charges	20
Prior Year Plans
Restructuring Cost and Reserve [Line Items]
Restructuring reserve	3
Rationalizations (Note 3)	$ 12	12
Current Year Plans
Restructuring Cost and Reserve [Line Items]
Expected number of position to be released (in employees) | Employee	550
Rationalizations (Note 3)	$ 10	20
AUSTRALIA | Prior Year Plans
Restructuring Cost and Reserve [Line Items]
Rationalizations (Note 3)	1
AMERICAS | Prior Year Plans
Restructuring Cost and Reserve [Line Items]
Rationalizations (Note 3)	1
Discontinued operation in Russia | Prior Year Plans
Restructuring Cost and Reserve [Line Items]
Rationalizations (Note 3)		2
EMEA [Member] | Prior Year Plans
Restructuring Cost and Reserve [Line Items]
Rationalizations (Note 3)	1
Reversals Charges [Member] | Prior Year Plans
Restructuring Cost and Reserve [Line Items]
Rationalizations (Note 3)	1	2
Global SAG headcount | Prior Year Plans
Restructuring Cost and Reserve [Line Items]
Rationalizations (Note 3)		4
Gadsden Restructuring Plan to Offer Voluntary Buy-outs to Certain Associates | Prior Year Plans
Restructuring Cost and Reserve [Line Items]
Rationalizations (Note 3)	2	3
Melksham | Prior Year Plans
Restructuring Cost and Reserve [Line Items]
Rationalizations (Note 3)	4	2
Cooper Tier
Restructuring Cost and Reserve [Line Items]
Restructuring reserve	10
Fulda
Restructuring Cost and Reserve [Line Items]
Restructuring reserve	244
Fulda | Selling, Administrative and General Expense
Restructuring Cost and Reserve [Line Items]
Restructuring reserve	11
Fulda | EMEA
Restructuring Cost and Reserve [Line Items]
Restructuring reserve	160
Fulda | EMEA Distribution Network
Restructuring Cost and Reserve [Line Items]
Restructuring reserve	18
Fulda | AUSTRALIA
Restructuring Cost and Reserve [Line Items]
Restructuring reserve	18
Fulda And Furstenwalde [Member] | Prior Year Plans
Restructuring Cost and Reserve [Line Items]
Rationalizations (Note 3)	2
Associate-Related Costs
Restructuring Cost and Reserve [Line Items]
Restructuring reserve	474		518
Reversed to the Statement of Operations	(1)
Other Current Liabilities	225		239
Cash charges	12
Associate-Related Costs | Prior Year Plans
Restructuring Cost and Reserve [Line Items]
Rationalizations (Note 3)	1	4
Associate-Related Costs | Current Year Plans
Restructuring Cost and Reserve [Line Items]
Rationalizations (Note 3)	10	7
Gadsden [Member] | Prior Year Plans
Restructuring Cost and Reserve [Line Items]
Rationalizations (Note 3)	1
Other Exit Costs
Restructuring Cost and Reserve [Line Items]
Restructuring reserve	16		$ 16
Reversed to the Statement of Operations	0
Cash charges	11
Other Exit Costs | Prior Year Plans
Restructuring Cost and Reserve [Line Items]
Rationalizations (Note 3)	11	8
Other Exit Costs | Current Year Plans
Restructuring Cost and Reserve [Line Items]
Rationalizations (Note 3)	0	$ 13
Global Operations And Technology Organization
Restructuring Cost and Reserve [Line Items]
Restructuring reserve	$ 4

Costs Associated with Rationa_6

Costs Associated with Rationalization Programs - Schedule of Net Rationalization Charges Included in Income (Loss) Before Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Restructuring Cost and Reserve [Line Items]
Net Rationalization Charges (Note 3)	$ 22	$ 32
Asset write-offs (recoveries), accelerated depreciation, and accelerated lease costs, net	51	2
Current Year Plans
Restructuring Cost and Reserve [Line Items]
Net Rationalization Charges (Note 3)	10	20
Current Year Plans | Associate Severance and Other Related Costs
Restructuring Cost and Reserve [Line Items]
Net Rationalization Charges (Note 3)	10	7
Current Year Plans | Other Exit Costs
Restructuring Cost and Reserve [Line Items]
Net Rationalization Charges (Note 3)	0	13
Prior Year Plans
Restructuring Cost and Reserve [Line Items]
Net Rationalization Charges (Note 3)	12	12
Prior Year Plans | Associate Severance and Other Related Costs
Restructuring Cost and Reserve [Line Items]
Net Rationalization Charges (Note 3)	1	4
Prior Year Plans | Other Exit Costs
Restructuring Cost and Reserve [Line Items]
Net Rationalization Charges (Note 3)	$ 11	$ 8

Other (Income) Expense (Details

Other (Income) Expense (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Other Income and Expenses [Abstract]
Non-service related pension and other postretirement benefits cost	$ 23	$ 29
Financing fees and financial instruments expense	15	12
Net foreign currency exchange (gains) losses	1	12
Interest income	(15)	(16)
General and product liability expense - discontinued products	2	2
Royalty income	(5)	(7)
Net (gains) losses on asset sales	2	(2)
Miscellaneous (income) expense	7	(5)
Other (income) expense	$ 30	$ 25

Other (Income) Expense - Narrat

Other (Income) Expense - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Other (Income) Expense [Line Items]
Pension Expense	$ 5
Interest income	15	$ 16
Miscellaneous (Income) Expense	(30)	(25)
Argentina [Member]
Other (Income) Expense [Line Items]
Net foreign currency exchange (gains) losses include expense related to out of period adjustment	1	8
Miscellaneous Income Expense [Member]
Other (Income) Expense [Line Items]
Legal income		11
Income from write-off of accumulated foreign currency translation adjustment		5
Miscellaneous Income Expense [Member] | Argentina [Member]
Other (Income) Expense [Line Items]
Miscellaneous Income Loss Expense	$ 8	$ 11

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) € in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2024 USD ($)	Mar. 31, 2024 EUR (€)	Mar. 31, 2023 USD ($)	Dec. 31, 2023 USD ($)
Income Taxes [Line Items]
Income tax expense (benefit)	$ (6)		$ 1
Loss before Income Taxes	52		100
Unrecognized Tax Benefits	0
Net discrete tax adjustments	$ 1		$ 1
Minimum effective corporate tax rate	15%	15%
U.S. statutory rate	21%	21%	21%
Corporate average revenue excess amount | €		€ 750
Corporate alternative minimum tax	15%	15%
U.S.
Income Taxes [Line Items]
Net deferred tax assets, unlimited lives	$ 1,100			$ 1,000
Net deferred tax assets, limited lives	200			200
Deferred tax asset, tax credit carryforwards, foreign	22			22
Foreign Tax Authority
Income Taxes [Line Items]
Net deferred tax assets	1,500			1,500
Valuation allowance	1,200			1,200
Foreign Tax Authority | Luxembourg
Income Taxes [Line Items]
Valuation allowance	1,000
State And Local Authority
Income Taxes [Line Items]
Valuation allowance	22			22
Domestic and State and Local Authority
Income Taxes [Line Items]
Net deferred tax assets	$ 1,300			$ 1,200

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
	Mar. 31, 2024	Mar. 31, 2023
Earnings (loss) per share - basic:
Goodyear net loss	$ (57)	$ (101)
Weighted average shares outstanding	286	285
Earnings (loss) per common share - basic	$ (0.2)	$ (0.35)
Earnings (loss) per share — diluted:
Net Income (Loss)	$ (57)	$ (101)
Weighted Average Shares Outstanding (Note 6)	286	285
Dilutive effect of stock options and other dilutive securities	0	0
Weighted average shares outstanding - diluted	286	285
Earnings (loss) per common share - diluted	$ (0.2)	$ (0.35)

Earnings Per Share - Narrative

Earnings Per Share - Narrative (Details) - shares shares in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Underwater Stock Options
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Equivalent shares excluded from weighted average shares outstanding (in shares)	1	2
Unvested Performance Share Units and Restricted Stock Units
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Equivalent shares excluded from weighted average shares outstanding (in shares)	2	1

Business Segments - Business Se

Business Segments - Business Segment Reporting Information (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2024	Mar. 31, 2023
Segment Operating Income:
Net Sales by reportable segment		$ 4,537	$ 4,941
Less:
Rationalizations (Note 3)		22	32
Interest Expense		126	127
Other (income) expense (Note 4)		30	25
Other		28
Loss before Income Taxes		(52)	(100)
Segment Reconciling Items
Less:
Rationalizations (Note 3)		22	32
Interest Expense		126	127
Other (income) expense (Note 4)		30	25
Asset write-offs (recoveries), accelerated depreciation, and accelerated lease costs, net (Note 3)		51	2
Corporate incentive compensation plans		20	20
Retained expenses of divested operations		5	4
Other	[1]	45	15
Operating Segments
Less:
Rationalizations (Note 3)		22	32
Loss before Income Taxes		247	125
Americas
Segment Operating Income:
Net Sales by reportable segment		2,588	2,867
Americas | Operating Segments
Less:
Rationalizations (Note 3)		5	5
Loss before Income Taxes		179	79
Europe, Middle East and Africa
Segment Operating Income:
Net Sales by reportable segment		1,347	1,492
Europe, Middle East and Africa | Operating Segments
Less:
Rationalizations (Note 3)		6	24
Loss before Income Taxes		8	8
Asia Pacific
Segment Operating Income:
Net Sales by reportable segment		602	582
Asia Pacific | Operating Segments
Less:
Rationalizations (Note 3)		11	3
Loss before Income Taxes		$ 60	$ 38
[1] Other for the three months ended March 31, 2024 includes $ 28 million of costs related to the Goodyear Forward plan, primarily related to third-party advisory, legal and consulting fees and costs associated with planned asset sales.

Business Segments - Business _2

Business Segments - Business Segment Reporting Information (Details) (Parenthetical) (Details) $ in Millions	3 Months Ended
	Mar. 31, 2024 USD ($)
Revenues from External Customers and Long-Lived Assets [Line Items]
Other	$ 28

Business Segments - Rationaliza

Business Segments - Rationalizations, Asset Sales, Other Expense and Asset Write-offs and Accelerated Depreciation Attributable to the SBUs (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Segment Reporting Information [Line Items]
Rationalizations (Note 3)	$ 22	$ 32
Net (Gains) Losses on Asset Sales	2	(2)
Asset Write-offs (Recoveries), Accelerated Depreciation, and Accelerated Lease Costs, net	51	2
Operating Segments
Segment Reporting Information [Line Items]
Rationalizations (Note 3)	22	32
Net (Gains) Losses on Asset Sales	2	(2)
Asset Write-offs (Recoveries), Accelerated Depreciation, and Accelerated Lease Costs, net	31	2
Operating Segments | Americas
Segment Reporting Information [Line Items]
Rationalizations (Note 3)	5	5
Net (Gains) Losses on Asset Sales	0	(2)
Asset Write-offs (Recoveries), Accelerated Depreciation, and Accelerated Lease Costs, net	8	8
Operating Segments | Europe, Middle East & Africa
Segment Reporting Information [Line Items]
Rationalizations (Note 3)	6	24
Net (Gains) Losses on Asset Sales	2	0
Asset Write-offs (Recoveries), Accelerated Depreciation, and Accelerated Lease Costs, net	16	(6)
Operating Segments | Asia Pacific
Segment Reporting Information [Line Items]
Rationalizations (Note 3)	11	3
Asset Write-offs (Recoveries), Accelerated Depreciation, and Accelerated Lease Costs, net	7	0
Corporate
Segment Reporting Information [Line Items]
Asset Write-offs (Recoveries), Accelerated Depreciation, and Accelerated Lease Costs, net	$ 20	$ 0

Financing Arrangements and De_3

Financing Arrangements and Derivative Financial Instruments - Other Narrative (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Credit arrangements, unused amount	$ 3,313
Debt, percentage bearing variable interest	26%
Line of Credit | Revolving Credit Facility
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	$ 11,476
Line of Credit | Revolving Credit Facility | First lien revolving credit facility due 2026
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	$ 2,750
Interest rate	6.56%	6.71%
Long-term Debt
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	$ 10,722
Credit arrangements, unused amount	2,975
Short-term Debt
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	754
Credit arrangements, unused amount	$ 338
Variable Rate Credit Arrangements
Debt Instrument [Line Items]
Interest rate	7.06%

Financing Arrangements and De_4

Financing Arrangements and Derivative Financial Instruments - Long Term Debt and Finance Leases Due Within One Year (Details) - USD ($) $ in Millions		Mar. 31, 2024	Dec. 31, 2023
Notes Payable, Overdrafts, Long-term Debt and Capital Leases Due Within One Year
Notes Payable and Overdrafts		$ 388	$ 344
Long Term Debt and Finance Leases due Within One Year (Note 8)		395	449
Total obligations due within one year		$ 783	$ 793
Long Term Debt And Capital Leases, Current
Notes Payable, Overdrafts, Long-term Debt and Capital Leases Due Within One Year
Weighted average interest rate		6.47%	7.27%
Other Foreign and Domestic Debt
Notes Payable, Overdrafts, Long-term Debt and Capital Leases Due Within One Year
Notes Payable and Overdrafts		$ 347	$ 329
Long Term Debt and Finance Leases due Within One Year (Note 8)		$ 280	$ 395
Weighted average interest rate	[1]	6.70%	7.44%
Chinese credit facilities | Long Term Debt And Capital Leases, Current
Notes Payable, Overdrafts, Long-term Debt and Capital Leases Due Within One Year
Long Term Debt and Finance Leases due Within One Year (Note 8)		$ 115	$ 54
Foreign Line of Credit | Chinese credit facilities
Notes Payable, Overdrafts, Long-term Debt and Capital Leases Due Within One Year
Notes Payable and Overdrafts		$ 41	$ 15
Notes Payable and Overdrafts
Notes Payable, Overdrafts, Long-term Debt and Capital Leases Due Within One Year
Weighted average interest rate		9.03%	10.52%
[1] Interest rates are weighted average interest rates primarily related to various foreign credit facilities with customary terms and conditions.

Financing Arrangements and De_5

Financing Arrangements and Derivative Financial Instruments - Long Term Debt and Finance Leases, Net of Unamortized Discounts, and Interest Rates (Details) - USD ($) $ in Millions		Mar. 31, 2024	Dec. 31, 2023
Long-term Debt and Lease Obligation [Abstract]
Long-term debt and capital leases		$ 7,649	$ 7,049
Unamortized deferred financing fees		(35)	(37)
Total long term debt excluding capital leases		7,614	7,012
Finance lease obligations	[1]	264	268
Long-term debt, before deferred financing fees		7,878	7,280
Less portion due within one year		(395)	(449)
Long-term debt and capital leases, excluding current maturities		7,483	6,831
Other Foreign and Domestic Debt
Long-term Debt and Lease Obligation [Abstract]
Long-term debt, before deferred financing fees	[2]	622	591
Less portion due within one year		$ (280)	$ (395)
Interest rate	[2]	6.70%	7.44%
9.5% due 2025 | Senior Notes
Long-term Debt and Lease Obligation [Abstract]
Long-term debt, before deferred financing fees		$ 801	$ 801
Interest rate, stated percentage		9.50%	9.50%
5% due 2026 | Senior Notes
Long-term Debt and Lease Obligation [Abstract]
Long-term debt, before deferred financing fees		$ 900	$ 900
Interest rate, stated percentage		5%	5%
4.875% due 2027 | Senior Notes
Long-term Debt and Lease Obligation [Abstract]
Long-term debt, before deferred financing fees		$ 700	$ 700
Interest rate, stated percentage		4.875%	4.875%
7.625% due 2027 | Senior Notes
Long-term Debt and Lease Obligation [Abstract]
Long-term debt, before deferred financing fees		$ 127	$ 128
Interest rate, stated percentage		7.625%	7.625%
7% due 2028 | Senior Notes
Long-term Debt and Lease Obligation [Abstract]
Long-term debt, before deferred financing fees		$ 150	$ 150
Interest rate, stated percentage		7%	7%
2.75% Euro Notes due 2028 | Euro Notes
Long-term Debt and Lease Obligation [Abstract]
Long-term debt, before deferred financing fees		$ 432	$ 442
Interest rate, stated percentage		2.75%	2.75%
5% due 2029 | Senior Notes
Long-term Debt and Lease Obligation [Abstract]
Long-term debt, before deferred financing fees		$ 850	$ 850
Interest rate, stated percentage		5%	5%
5.25% due April 2031 | Senior Notes
Long-term Debt and Lease Obligation [Abstract]
Long-term debt, before deferred financing fees		$ 550	$ 550
Interest rate, stated percentage		5.25%	5.25%
5.25% due July 2031 | Senior Notes
Long-term Debt and Lease Obligation [Abstract]
Long-term debt, before deferred financing fees		$ 600	$ 600
Interest rate, stated percentage		5.25%	5.25%
5.625% due 2033 | Senior Notes
Long-term Debt and Lease Obligation [Abstract]
Long-term debt, before deferred financing fees		$ 450	$ 450
Interest rate, stated percentage		5.625%	5.625%
First lien revolving credit facility due 2026 | Revolving Credit Facility | Line of Credit
Long-term Debt and Lease Obligation [Abstract]
Long-term debt, before deferred financing fees		$ 630	$ 385
Interest rate		6.56%	6.71%
European revolving credit facility due 2028 | Revolving Credit Facility | Line of Credit
Long-term Debt and Lease Obligation [Abstract]
Long-term debt, before deferred financing fees		$ 292	$ 0
Interest rate		5.36%	0%
Pan-European accounts receivable facility | Line of Credit
Long-term Debt and Lease Obligation [Abstract]
Long-term debt, before deferred financing fees		$ 159	$ 244
Interest rate		5.94%	6.11%
Mexican credit facility | Foreign Line of Credit | Line of Credit
Long-term Debt and Lease Obligation [Abstract]
Long-term debt, before deferred financing fees		$ 200	$ 84
Interest rate		7.42%	7.57%
Chinese credit facilities | Foreign Line of Credit | Line of Credit
Long-term Debt and Lease Obligation [Abstract]
Long-term debt, before deferred financing fees		$ 186	$ 174
Interest rate		3.73%	3.94%
[1] Includes no non-cash financing additions during the three months ended March 31, 2024, and $ 17 million of non-cash financing additions during the twelve months ended December 31, 2023. Interest rates are weighted average interest rates primarily related to various foreign credit facilities with customary terms and conditions.

Financing Arrangements and De_6

Financing Arrangements and Derivative Financial Instruments - Long Term Debt and Finance Leases, Net of Unamortized Discounts, and Interest Rates (Parenthetical) (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Long-term Debt and Lease Obligation [Abstract]
Non Cash Financing Additions	$ 0	$ 17
9.5% due 2025 | Senior Notes
Long-term Debt and Lease Obligation [Abstract]
Interest rate, stated percentage	9.50%	9.50%
5% due 2026 | Senior Notes
Long-term Debt and Lease Obligation [Abstract]
Interest rate, stated percentage	5%	5%
4.875% due 2027 | Senior Notes
Long-term Debt and Lease Obligation [Abstract]
Interest rate, stated percentage	4.875%	4.875%
7.625% due 2027 | Senior Notes
Long-term Debt and Lease Obligation [Abstract]
Interest rate, stated percentage	7.625%	7.625%
7% due 2028 | Senior Notes
Long-term Debt and Lease Obligation [Abstract]
Interest rate, stated percentage	7%	7%
2.75% Euro Notes due 2028 | Euro Notes
Long-term Debt and Lease Obligation [Abstract]
Interest rate, stated percentage	2.75%	2.75%
5% due 2029 | Senior Notes
Long-term Debt and Lease Obligation [Abstract]
Interest rate, stated percentage	5%	5%
5.25% due April 2031 | Senior Notes
Long-term Debt and Lease Obligation [Abstract]
Interest rate, stated percentage	5.25%	5.25%
5.25% due July 2031 | Senior Notes
Long-term Debt and Lease Obligation [Abstract]
Interest rate, stated percentage	5.25%	5.25%
5.625% due 2033 | Senior Notes
Long-term Debt and Lease Obligation [Abstract]
Interest rate, stated percentage	5.625%	5.625%

Financing Arrangements and De_7

Financing Arrangements and Derivative Financial Instruments - Notes Narrative (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Financing Arrangements And Derivative Financial Instruments [Abstract]
Notes payable	$ 5,560	$ 5,571

Financing Arrangements and De_8

Financing Arrangements and Derivative Financial Instruments - Credit Facilities Narrative (Details) € in Millions, $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)	Oct. 16, 2024 EUR (€)	Mar. 31, 2024 EUR (€)	Dec. 31, 2023 EUR (€)
Line Of Credit Facility [Line Items]
Long Term Debt	$ 395	$ 449
Credit arrangements, unused amount	3,313
Debt instrument carrying amount	7,878	7,280
Accounts Receivable Factoring Facilities | Secured Debt
Line Of Credit Facility [Line Items]
Off-balance sheet accounts receivable securitization	689	693
Supplier Financing
Line Of Credit Facility [Line Items]
Amounts Available Under These Programs	860	892
Amount confirmed	609	580
Chinese credit facilities
Line Of Credit Facility [Line Items]
Credit arrangements, unused amount	93	93
Line of Credit | Revolving Credit Facility
Line Of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity	$ 11,476
Line of Credit | Revolving Credit Facility | Secured Overnight Financing Rate {SOFR) | Minimum
Line Of Credit Facility [Line Items]
Basis spread on reference rate	1%
Line of Credit | All-Borrower Tranche
Line Of Credit Facility [Line Items]
Debt instrument carrying amount	$ 292			€ 270
Line of Credit | First lien revolving credit facility due 2026 | Revolving Credit Facility
Line Of Credit Facility [Line Items]
Line of credit facility, additional borrowing capacity which may be requested from lenders	$ 250
Basis spread	1.25%
Increase in value of principal trademarks	$ 400
Line of credit facility, maximum borrowing capacity inputs, increase based on value of cash	275
Line of credit facility, borrowing base amount	2,750
Line of credit facility, maximum borrowing capacity	2,750
Letters of credit, amount outstanding	1	$ 1
Line of credit facility, current borrowing capacity	$ 178
Weighted average interest rate	6.56%	6.71%		6.56%	6.71%
Available cash plus availability under facility	$ 750
Debt instrument carrying amount	$ 630	$ 385
Line of Credit | First lien revolving credit facility due 2026 | Revolving Credit Facility | Secured Overnight Financing Rate {SOFR)
Line Of Credit Facility [Line Items]
Basis spread	1.25%
Basis spread on reference rate	0.50%
Line of Credit | First lien revolving credit facility due 2026 | Revolving Credit Facility | Secured Overnight Financing Rate {SOFR) | Maximum
Line Of Credit Facility [Line Items]
Basis spread	1.50%
Line of Credit | First lien revolving credit facility due 2026 | Revolving Credit Facility | Base Rate
Line Of Credit Facility [Line Items]
Basis spread	0.50%
Line of Credit | First lien revolving credit facility due 2026 | Revolving Credit Facility | Base Rate | Minimum
Line Of Credit Facility [Line Items]
Basis spread	0.25%
Line of Credit | First lien revolving credit facility due 2026 | Revolving Credit Facility | Commitment Fee Rate
Line Of Credit Facility [Line Items]
Annual commitment fee percentage on undrawn amounts	0.25%
Line of Credit | First lien revolving credit facility due 2026 | Letter of Credit
Line Of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity	$ 800
Line of Credit | Pan-European Accounts Receivable Facility
Line Of Credit Facility [Line Items]
Weighted average interest rate	5.94%	6.11%		5.94%	6.11%
Debt instrument carrying amount	$ 159	$ 244
Line of Credit | Pan-European Accounts Receivable Facility | Secured Debt
Line Of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity | €			€ 300
Line of credit facility, current borrowing capacity	$ 159	244		€ 147	€ 221
Line of Credit | Pan-European Accounts Receivable Facility | Secured Debt | Minimum
Line Of Credit Facility [Line Items]
Line of credit facility, minimum borrowing capacity | €				30
Line of Credit | Pan-European Accounts Receivable Facility | Secured Debt | Maximum
Line Of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity | €				450
Line of Credit | European Revolving Credit Facility [Member]
Line Of Credit Facility [Line Items]
Line of credit facility, additional borrowing capacity which may be requested from lenders | €				200
Line of Credit | European Revolving Credit Facility [Member] | Revolving Credit Facility
Line Of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity | €				800
Letters of credit, amount outstanding		0		0
Annual commitment fee percentage on undrawn amounts	0.25%
Debt instrument carrying amount		0
Line of Credit | European Revolving Credit Facility [Member] | Revolving Credit Facility | Secured Overnight Financing Rate {SOFR)
Line Of Credit Facility [Line Items]
Basis spread	1.50%
Line of Credit | European Revolving Credit Facility [Member] | Revolving Credit Facility | Sterling Overnight Interbank Average Rate (SONIA)
Line Of Credit Facility [Line Items]
Basis spread	1.50%
Line of Credit | European Revolving Credit Facility [Member] | Revolving Credit Facility | European Interbank Offer Rate (Euribor)
Line Of Credit Facility [Line Items]
Basis spread	1.50%
Line of Credit | European Revolving Credit Facility [Member] | Letter of Credit
Line Of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity | €				75
Line of Credit | European Revolving Credit Facility [Member] | Bridge Loan
Line Of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity | €				175
Line of Credit | European Revolving Credit Facility [Member] | German Tranche
Line Of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity | €				180
Line of Credit | European Revolving Credit Facility [Member] | All-Borrower Tranche
Line Of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity | €				€ 620
Line of Credit | Mexican Credit Facilities
Line Of Credit Facility [Line Items]
Line of credit facility, current borrowing capacity	$ 200	200
Amount utilized under facility		$ 84
Line of Credit | Mexican Credit Facilities | Foreign Line of Credit
Line Of Credit Facility [Line Items]
Weighted average interest rate	7.42%	7.57%		7.42%	7.57%
Debt instrument carrying amount	$ 200	$ 84
Line of Credit | Chinese credit facilities | Foreign Line of Credit
Line Of Credit Facility [Line Items]
Weighted average interest rate	3.73%	3.94%		3.73%	3.94%
Debt instrument carrying amount	$ 186	$ 174
Swingline Loans | First lien revolving credit facility due 2026 | Revolving Credit Facility
Line Of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity	$ 50

Financing Arrangements and De_9

Financing Arrangements and Derivative Financial Instruments - Summary of Available and Utilized Under the Chinese Financing Arrangements (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Line of Credit Facility [Line Items]
Notes Payable and Overdrafts	$ 388	$ 344
Long Term Debt	395	449
Chinese credit facilities
Line of Credit Facility [Line Items]
Total available	953	937
Notes Payable and Overdrafts	41	15
Long Term Debt due Within One Year	115	54
Long Term Debt	71	120
Letters of credit, bank acceptances and other utilization	116	91
Total utilized	$ 343	$ 280
Maturity date, start	Apr. 30, 2024	Feb. 29, 2024
Maturity date, end	Aug. 31, 2028	Aug. 31, 2028

Financing Arrangements and D_10

Financing Arrangements and Derivative Financial Instruments - Fair Values for Foreign Currency Contracts (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred Tax Liabilities, Unrealized Currency Transaction Losses	$ 0
Foreign currency derivatives, net transaction gains (losses)	35	$ 2
Not Designated as Hedging Instrument
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative, notional amount	1,867		$ 1,930
Designated as Hedging Instrument
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative, notional amount	2		27
Accounts receivable
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value - asset, not designated as hedging instrument	18		2
Fair value - asset, designated as hedging instrument	0		0
Other Current Liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value - liability, not designated as hedging instrument	(5)		(27)
Fair value - liability, designated as hedging instrument	$ 0		$ (2)

Financing Arrangements and D_11

Financing Arrangements and Derivative Financial Instruments - Classification of Changes in Fair Values of Foreign Currency Contracts (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income On Derivatives [Line Items]
Amount of gains (losses) deferred to Accumulated Other Comprehensive Loss (''AOCL'')	$ 0	$ (2)
Reclassification adjustment for amounts recognized in Cost of Goods Sold ("CGS")	$ 1	$ 0

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Millions		Mar. 31, 2024	Dec. 31, 2023
Assets:
Investments		$ 21	$ 19
Foreign Exchange Contracts		18	2
Total Assets at Fair Value		39	21
Liabilities:
Foreign Exchange Contracts		5	29
Total Liabilities at Fair Value		5	29
Supplemental Fair Value Information
Notes Payable and Overdrafts (Note 8)		388	344
Carrying amount — liability		7,614	7,012
Fixed Rate Debt, Excluding Capital Leases
Supplemental Fair Value Information
Notes Payable and Overdrafts (Note 8)		170	111
Carrying amount — liability	[1]	5,707	5,720
Fair value — liability	[1]	5,455	5,488
Variable Rate Debt, Excluding Capital Leases
Supplemental Fair Value Information
Notes Payable and Overdrafts (Note 8)		218	233
Carrying amount — liability	[1]	1,907	1,292
Fair value — liability	[1]	1,869	1,286
Quoted Prices in Active Markets for Identical Assets/Liabilities (Level 1)
Assets:
Investments		21	19
Foreign Exchange Contracts		0	0
Total Assets at Fair Value		21	19
Liabilities:
Foreign Exchange Contracts		0	0
Total Liabilities at Fair Value		0	0
Supplemental Fair Value Information
Fair value — liability		5,273	5,301
Significant Other Observable Inputs (Level 2)
Assets:
Investments		0	0
Foreign Exchange Contracts		18	2
Total Assets at Fair Value		18	2
Liabilities:
Foreign Exchange Contracts		5	29
Total Liabilities at Fair Value		5	29
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
[1] Excludes Notes Payable and Overdrafts of $ 388 million and $ 344 million at March 31, 2024 and December 31, 2023, respectively, of whic h $ 170 million and $ 111 million, respectively, are at fixed rates and $ 218 million and $ 233 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 Po_3

Pension, Savings and Other Postretirement Benefit Plans - Defined Benefit Pension Cost (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
U.S.
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Type [Extensible Enumeration]	Pension Plan	Pension Plan
Service cost	$ 2	$ 2
Interest cost	44	49
Expected return on plan assets	(52)	(58)
Amortization of net losses	24	25
Net periodic pension cost	18	18
U.S. | Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Net curtailments/settlements/termination benefits	(5)	0
Total defined benefit pension cost	$ 13	$ 18
Non-U.S.
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Type [Extensible Enumeration]	Pension Plan	Pension Plan
Service cost	$ 5	$ 5
Interest cost	27	27
Expected return on plan assets	(23)	(23)
Amortization of net losses	5	5
Net periodic pension cost	$ 14	$ 14

Pension, Savings and Other Po_4

Pension, Savings and Other Postretirement Benefit Plans - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Defined Benefit Plan Disclosure [Line Items]
Postretirement benefits expense (credit)	$ 2	$ 2
Defined contribution plans, contribution expenses	37	$ 35
Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Pension settlement Credit	(5)
Pension Plan | Non-U.S.
Defined Benefit Plan Disclosure [Line Items]
Contributions to pension plans	9
Pension Plan | Minimum | Non-U.S.
Defined Benefit Plan Disclosure [Line Items]
Expected contribution to funded pension plans in current year	25
Pension Plan | Maximum | Non-U.S.
Defined Benefit Plan Disclosure [Line Items]
Expected contribution to funded pension plans in current year	$ 50

Stock Compensation Plans - Narr

Stock Compensation Plans - Narrative (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock-based compensation expense	$ 3	$ 5
Unearned compensation cost related to the unvested portion of all stock-based awards	$ 35
Remaining vesting period	through the first quarter of 2027
Restricted Stock Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Equity instruments granted (shares)	1.6
Weighted average fair value per share granted (dollars per share)	$ 12.33
Performance Share Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Equity instruments granted (shares)	1.2
Weighted average fair value per share granted (dollars per share)	$ 11.45

Commitments and Contingent Li_3

Commitments and Contingent Liabilities - Narrative (Details) $ in Millions	1 Months Ended	3 Months Ended	12 Months Ended
	Mar. 31, 2024 USD ($) Segment	Mar. 31, 2024 USD ($) Segment	Dec. 31, 2023 USD ($)	Apr. 30, 2024 USD ($)	Dec. 31, 2015 USD ($)
Loss Contingencies [Line Items]
Liability for anticipated environmental matters	$ 82	$ 82	$ 80
Liability for anticipated environment matters, current	26	26	27
Workers' compensation liability	169	169	167
Workers' compensation liability, current	32	32	37
Potential workers' compensation liability in excess of recorded amount	20	20
Off-balance sheet financial guarantees and other commitments	32	32	31
TireHub [Member]
Loss Contingencies [Line Items]
Financing receivable, joint venture, face amount	130	130	100
Loans receivable, related parties	117	117	96
Interest Receivable	2	2	2
Subsequent Event [Member]
Loss Contingencies [Line Items]
Transaction Costs, Net				$ 80
Accounts receivable | Sumitomo Rubber Industries
Loss Contingencies [Line Items]
Indemnification asset	11	11
Other Assets | Sumitomo Rubber Industries
Loss Contingencies [Line Items]
Indemnification asset	3	3
GERMANY
Loss Contingencies [Line Items]
Net Proceeds from the Sale of Distribution Center	108
General Product Liability
Loss Contingencies [Line Items]
Product liability and other tort claims liability	446	446	438
General Product Liability | Other Current Liabilities
Loss Contingencies [Line Items]
Product liability and other tort claims liability	47	47	46
Asbestos Related Product Liability
Loss Contingencies [Line Items]
Product liability and other tort claims liability	$ 121	$ 121	120
Asbestos claims dismissed to date (in claims) | Segment	160,100	160,100
Accrued asbestos-related liability and gross payments to date	$ 584	$ 584	$ 580
Product liability contingency, evaluation period		10 years	10 years
Asbestos claims receivable	$ 67	$ 67	$ 66
Expected percentage of asbestos claim related losses recoverable through insurance	55%	55%
Asbestos claims receivable, current	$ 10	$ 10	10
Limits of excess insurance policies			$ 520
Workers' Compensation Claims
Loss Contingencies [Line Items]
Guarantee issued	$ 18	$ 18			$ 46

Commitments and Contingent Li_4

Commitments and Contingent Liabilities - Asbestos Claims Activity (Details) - Asbestos Related Product Liability		3 Months Ended	12 Months Ended
		Mar. 31, 2024 USD ($) Claim	Dec. 31, 2023 USD ($) Claim
Number of claims filed
Pending claims, beginning of period		35,800	37,200
New claims filed		250	900
Claims settled/dismissed		(200)	(2,300)
Pending claims, end of period		35,850	35,800
Payments | $	[1]	$ 3,000,000	$ 15,000,000
[1] Represents cash payments made during the period by us and our insurers for asbestos litigation defense and claim resolution.

Capital Stock - Narrative (Deta

Capital Stock - Narrative (Details)	3 Months Ended
	Mar. 31, 2024 shares
Common Stock | Payments for Share Repurchases Related to Employee Stock Based Compensation
Class of Stock [Line Items]
Common stock repurchased (in shares)	0

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss - Changes in AOCL, After Tax and Minority Interest (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	$ 4,837	$ 5,466
Ending balance	4,798	5,424
Foreign Currency Translation Adjustment
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	(1,613)	(1,663)
Other comprehensive income (loss) before reclassifications	(6)	34
Amounts reclassified from accumulated other comprehensive loss	0	0
Ending balance	(1,619)	(1,629)
Unrealized Gains (Losses) from Securities
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	1	1
Other comprehensive income (loss) before reclassifications	0	0
Amounts reclassified from accumulated other comprehensive loss	0	0
Ending balance	1	1
Unrecognized Net Actuarial Losses and Prior Service Costs
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	(2,224)	(2,215)
Other comprehensive income (loss) before reclassifications	4	(2)
Amounts reclassified from accumulated other comprehensive loss	17	21
Ending balance	(2,203)	(2,196)
Deferred Derivative Gains (Losses)
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	1	2
Other comprehensive income (loss) before reclassifications	0	(2)
Amounts reclassified from accumulated other comprehensive loss	1	0
Ending balance	2	0
Total
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance	(3,835)	(3,875)
Other comprehensive income (loss) before reclassifications	(2)	30
Amounts reclassified from accumulated other comprehensive loss	18	21
Ending balance	$ (3,819)	$ (3,824)

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Loss - Schedule of Reclassifications (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other (Income) Expense / Rationalizations	$ 30	$ 25
Income tax expense (benefit)	(6)	1
Transactions with Minority Interests in Subsidiaries	(2)	0
Goodyear Net Loss	(57)	(101)
Cost of Goods Sold	3,715	4,193
Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Goodyear Net Loss	18	21
Reclassification out of Accumulated Other Comprehensive Income | Accumulated Defined Benefit Plans Adjustment Attributable to Parent
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other (Income) Expense / Rationalizations	28	28
Income (Loss) Attributable to Parent	23	28
Income tax expense (benefit)	(6)	(7)
Goodyear Net Loss	1	0
Reclassification out of Accumulated Other Comprehensive Income | Accumulated Defined Benefit Plans Adjustment, Immediate Recognition of Prior Service and Gain (Loss) Attributable to Parent, Due to Divestitures
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other (Income) Expense / Rationalizations	(5)	0
Reclassification out of Accumulated Other Comprehensive Income | Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Income tax expense (benefit)	0	0
Goodyear Net Loss	17	21
Cost of Goods Sold	$ 1	$ 0

Accumulated Other Comprehensi_5

Accumulated Other Comprehensive Loss - Schedule of Comprehensive Income (Loss) Attributable to Minority Shareholders (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Equity [Abstract]
Net Income (Loss) Attributable to Minority Shareholders	$ (1)	$ 2
Other Comprehensive Income (Loss):
Foreign currency translation	(3)	3
Other Comprehensive Income (Loss)	(3)	3
Comprehensive Income (Loss) Attributable to Minority Shareholders	$ (4)	$ 5