v3.26.3
Business Segments (Tables)
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Schedule of Business Segment Reporting Information
The following tables present segment sales, significant segment expenses and segment operating income (loss), and the reconciliation of segment operating income (loss) to Income (Loss) before Income Taxes:
Three Months Ended September 30, 2026
(In millions)AmericasEurope, Middle East and AfricaAsia PacificTotal
Net Sales$2,675 $1,355 $510 $4,540 
Less:
Cost of Goods Sold2,228 1,143 379 3,750 
Selling, Administrative and General Expense359 208 66 633 
Other (income) expense(1)
(8)(8)(1)(17)
Segment Operating Income (Loss)$96 $12 $66 $174 
Less:
Rationalizations (Note 3)
148 
Interest expense
111 
Other (income) expense (Note 4)
19 
Net (gains) losses on asset sales(9)
Asset write-offs, accelerated depreciation and accelerated lease costs, net (Note 3)
71 
Corporate incentive compensation plans9 
Retained expenses of divested operations4 
Other(2)
32 
Income (Loss) before Income Taxes
$(211)
(1)Primarily represents OTR license agreement royalty income, in addition to transition services income related to the sales of the OTR tire business, the Dunlop brand and the chemical business.
(2)Primarily represents unallocated corporate costs and the elimination of royalty and other income attributable to the SBUs.

Three Months Ended September 30, 2025
(In millions)AmericasEurope, Middle East and AfricaAsia PacificTotal
Net Sales$2,737 $1,407 $501 $4,645 
Less:
Cost of Goods Sold2,187 1,176 384 3,747 
Selling, Administrative and General Expense350 209 67 626 
Other (income) expense(1)
(6)(8)(1)(15)
Segment Operating Income (Loss)$206 $30 $51 $287 
Less:
Goodwill Impairment
674 
Rationalizations (Note 3)
21 
Interest expense
114 
Other (income) expense (Note 4)
91 
Net (gains) losses on asset sales1 
Asset write-offs, accelerated depreciation and accelerated lease costs, net (Note 3)
55 
Corporate incentive compensation plans8 
Retained expenses of divested operations5 
Other(2)
51 
Income (Loss) before Income Taxes$(733)
(1)Primarily represents OTR transition license agreement royalty income, in addition to transition services income related to the sales of the OTR tire business and the Dunlop brand.
(2)Primarily represents unallocated corporate costs and the elimination of royalty and other income attributable to the SBUs.
Nine Months Ended September 30, 2026
(In millions)AmericasEurope, Middle East and AfricaAsia PacificTotal
Net Sales$7,120 $4,090 $1,461 $12,671 
Less:
Cost of Goods Sold5,955 3,449 1,086 10,490 
Selling, Administrative and General Expense1,069 668 194 1,931 
Other (income) expense(1)
(27)(23)(5)(55)
Segment Operating Income (Loss)
$123 $(4)$186 $305 
Less:
Rationalizations (Note 3)
281 
Interest expense
311 
Other (income) expense (Note 4)
50 
Net (gains) losses on asset sales(29)
Asset write-offs, accelerated depreciation and accelerated lease costs, net (Note 3)
87 
Corporate incentive compensation plans40 
Retained expenses of divested operations10 
Other(2)
107 
Income (Loss) before Income Taxes$(552)
(1)Primarily represents OTR license agreement royalty income, in addition to transition services income related to the sales of the OTR tire business, the Dunlop brand and the chemical business.
(2)Primarily represents unallocated corporate costs and the elimination of royalty and other income attributable to the SBUs.
Nine Months Ended September 30, 2025
(In millions)AmericasEurope, Middle East and AfricaAsia PacificTotal
Net Sales$7,901 $4,028 $1,434 $13,363 
Less:
Cost of Goods Sold6,376 3,411 1,102 10,889 
Selling, Administrative and General Expense1,043 633 198 1,874 
Other (income) expense(1)
(20)(16)(5)(41)
Segment Operating Income (Loss)$502 $— $139 $641 
Less:
Goodwill Impairment
674 
Rationalizations (Note 3)
161 
Interest expense
341 
Other (income) expense (Note 4)
147 
Net (gains) losses on asset sales(700)
Asset write-offs, accelerated depreciation and accelerated lease costs, net (Note 3)
142 
Corporate incentive compensation plans44 
Retained expenses of divested operations8 
Other(2)
121 
Income (Loss) before Income Taxes$(297)
(1)Primarily represents OTR license agreement royalty income, in addition to transition services income related to the sales of the OTR tire business and the Dunlop brand.
(2)Primarily represents unallocated corporate costs and the elimination of royalty income attributable to the SBUs.
Schedule of Segment Assets
The following table presents segment assets:
(In millions)September 30,
2026		December 31,
2025
Assets
Americas$10,327 $10,275 
Europe, Middle East and Africa5,096 4,878 
Asia Pacific2,199 2,166 
Total Segment Assets$17,622 $17,319 
Corporate878 889 
$18,500 $18,208 
Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Geographical Area, Revenue and Long-Lived Asset
The following table presents geographic information. Net sales by country were determined based on the location of the selling subsidiary. Long-lived assets consist of property, plant and equipment. For net sales, only the United States and Luxembourg were considered to be significant. For long-lived assets, only the United States and China were considered to be significant.
Three Months Ended
September 30,		Nine Months Ended
September 30,
(In millions)2026202520262025
Net Sales
United States$2,252 $2,262 $5,876 $6,548 
Luxembourg416 350 1,342 $1,045 
Other international1,872 2,033 5,453 5,770 
$4,540 $4,645 $12,671 $13,363 
(In millions)September 30,
2026		December 31,
2025
Long-Lived Assets
United States$3,198 $3,435 
China624 645 
Other international3,630 3,763 
$7,452 $7,843 
Schedule of Goodwill And Intangible Asset Impairment, Rationalizations, Asset Sales, Asset Write-Offs and Accelerated Depreciation and Accelerated Lease Costs, Net Attributable to Segments
Goodwill impairment, as described in Note to the Consolidated Financial Statements No. 1, Accounting Policies; rationalizations, as described in Note to the Consolidated Financial Statements No. 3, Costs Associated with Rationalization Programs; net (gains) losses on asset sales, and asset write-offs, accelerated depreciation and accelerated lease costs were not charged (credited) to the SBUs for performance evaluation purposes but were attributable to the SBUs as follows:
Three Months Ended
September 30,		Nine Months Ended
September 30,
(In millions)2026202520262025
Goodwill Impairment
Americas$— $674 $— $674 
Total Segment Goodwill Impairment$— $674 $— $674 
Three Months Ended
September 30,		Nine Months Ended
September 30,
(In millions)2026202520262025
Rationalizations
Americas$124 $4 $138 $76 
Europe, Middle East and Africa18 16 126 71 
Asia Pacific2 — 5 1 
Total Segment Rationalizations$144 $20 $269 $148 
Corporate4 1 12 13 
$148 $21 $281 $161 
Three Months Ended
September 30,		Nine Months Ended
September 30,
(In millions)2026202520262025
Net (Gains) Losses on Asset Sales
Americas$(1)$(3)$(15)$(4)
Europe, Middle East and Africa(12)— (15)— 
Asia Pacific— — — (55)
Total Segment (Gains) Losses on Asset Sales$(13)$(3)$(30)$(59)
Corporate4 4 1 (641)
$(9)$1 $(29)$(700)
Three Months Ended
September 30,		Nine Months Ended
September 30,
(In millions)2026202520262025
Asset Write-Offs, Accelerated Depreciation, and Accelerated Lease Costs, net
Americas$69 $20 $76 $62 
Europe, Middle East and Africa2 33 10 75 
Asia Pacific— 2 1 5 
Total Segment Asset Write-Offs, Accelerated Depreciation, and Accelerated Lease Costs, net$71 $55 $87 $142 
Schedule of Segment Capital Expenditures Depreciation And Amortization
The following tables present segment capital expenditures and depreciation and amortization:
Three Months Ended
September 30,		Nine Months Ended
September 30,
(In millions)2026202520262025
Capital Expenditures
Americas$99 $117 $322 $444 
Europe, Middle East and Africa29 30 110 122 
Asia Pacific11 24 37 68 
Total Segment Capital Expenditures$139 $171 $469 $634 
Corporate— 12 12 15 
$139 $183 $481 $649 
Three Months Ended
September 30,		Nine Months Ended
September 30,
(In millions)2026202520262025
Depreciation and Amortization(1)
Americas$166 $152 $441 $468 
Europe, Middle East and Africa53 78 174 227 
Asia Pacific28 30 86 90 
Total Segment Depreciation and Amortization$247 $260 $701 $785 
Corporate10 9 30 28 
$257 $269 $731 $813 
(1)The amounts presented do not include the allocation of asset write-offs, accelerated depreciation and accelerated lease costs, net, to Corporate.
Schedule of Segment Equity In Net Income (Loss) of Investees Accounted For By the Equity Method
The following table presents segment equity in the net (income) loss of investees accounted for by the equity method:
Three Months Ended
September 30,		Nine Months Ended
September 30,
(In millions)2026202520262025
Equity in (Income) Loss
Americas$8 $2 $37 $28 
Europe, Middle East and Africa— — — (1)
Asia Pacific(2)(4)(7)(11)
Total Segment Equity in (Income) Loss
$6 $(2)$30 $16