v3.25.1
Business Segments - Business Segment Reporting Information (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Segment Operating Income:    
Net Sales (Note 3) $ 4,253 $ 4,537
Cost of Goods Sold 3,513 3,715
Selling, Administrative and General Expense 650 696
Other (income) (25) (28)
Segment Operating Income (Loss) 131 (52)
Less:    
Rationalizations (Note 4) 81 22
Interest Expense 115 126
Asset write-offs, accelerated depreciation and accelerated lease costs, net (Note 3) 46 51
Income (Loss) before Income Taxes 131 (52)
Operating Segments    
Segment Operating Income:    
Net Sales (Note 3) 4,253 4,537
Cost of Goods Sold 3,473 3,674
Selling, Administrative and General Expense 596 621
Other (income) (11) [1] (5) [2]
Segment Operating Income (Loss) 195 247
Less:    
Rationalizations (Note 4) 75 22
Asset write-offs, accelerated depreciation and accelerated lease costs, net (Note 3) 46 31
Income (Loss) before Income Taxes 195 247
Segment Reconciling Items    
Less:    
Rationalizations (Note 4) 81 22
Interest Expense 115 126
Other (income) expense (Note 4) 25 28
Net (gains) losses on asset sales (262) 2
Asset write-offs, accelerated depreciation and accelerated lease costs, net (Note 3) 46 51
Corporate incentive compensation plans 16 20
Retained expenses of divested operations 5 5
Other 38 [3] 45 [4]
Americas    
Segment Operating Income:    
Net Sales (Note 3) 2,502 2,588
Americas | Operating Segments    
Segment Operating Income:    
Net Sales (Note 3) 2,502 2,588
Cost of Goods Sold 2,023 2,076
Selling, Administrative and General Expense 331 337
Other (income) (7) [1] (4) [2]
Segment Operating Income (Loss) 155 179
Less:    
Rationalizations (Note 4) 62 5
Asset write-offs, accelerated depreciation and accelerated lease costs, net (Note 3) 28 8
Income (Loss) before Income Taxes 155 179
Europe, Middle East and Africa    
Segment Operating Income:    
Net Sales (Note 3) 1,277 1,347
Europe, Middle East and Africa | Operating Segments    
Segment Operating Income:    
Net Sales (Note 3) 1,277 1,347
Cost of Goods Sold 1,082 1,135
Selling, Administrative and General Expense 203 205
Other (income) (3) [1] (1) [2]
Segment Operating Income (Loss) (5) 8
Less:    
Rationalizations (Note 4) 12 6
Asset write-offs, accelerated depreciation and accelerated lease costs, net (Note 3) 16 16
Income (Loss) before Income Taxes (5) 8
Asia Pacific    
Segment Operating Income:    
Net Sales (Note 3) 474 602
Asia Pacific | Operating Segments    
Segment Operating Income:    
Net Sales (Note 3) 474 602
Cost of Goods Sold 368 463
Selling, Administrative and General Expense 62 79
Other (income) (1) [1] 0 [2]
Segment Operating Income (Loss) 45 60
Less:    
Rationalizations (Note 4) 1 11
Asset write-offs, accelerated depreciation and accelerated lease costs, net (Note 3) 2 7
Income (Loss) before Income Taxes $ 45 $ 60
[1] Primarily represents royalty income attributable to the SBUs, including royalty income earned from the OTR sale.
[2] Primarily represents royalty income attributable to the SBUs.
[3] Primarily represents unallocated corporate costs and the elimination of royalty income attributable to the SBUs.
[4] Primarily represents unallocated corporate costs and the elimination of royalty income attributable to the SBUs. Other also 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.