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Net Sales
9 Months Ended
Sep. 30, 2019
Revenue from Contract with Customer [Abstract]  
NET SALES NET SALES
The following tables show disaggregated net sales from contracts with customers by major source:
 
Three Months Ended September 30, 2019
 
 
 
Europe, Middle East
 
 
 
 
(In millions)
Americas
 
and Africa
 
Asia Pacific
 
Total
Tire unit sales
$
1,624

 
$
1,109

 
$
500

 
$
3,233

Other tire and related sales
185

 
82

 
25

 
292

Retail services and service related sales
136

 
12

 
23

 
171

Chemical sales
99

 

 

 
99

Other
5

 
2

 

 
7

Net Sales by reportable segment
$
2,049

 
$
1,205

 
$
548

 
$
3,802


 
Three Months Ended September 30, 2018
 
 
 
Europe, Middle East
 
 
 
 
(In millions)
Americas
 
and Africa
 
Asia Pacific
 
Total
Tire unit sales
$
1,638

 
$
1,197

 
$
479

 
$
3,314

Other tire and related sales
175

 
86

 
32

 
293

Retail services and service related sales
145

 
6

 
19

 
170

Chemical sales
146

 

 

 
146

Other
3

 
1

 
1

 
5

Net Sales by reportable segment
$
2,107

 
$
1,290

 
$
531

 
$
3,928


 
Nine Months Ended September 30, 2019
 
 
 
Europe, Middle East
 
 
 
 
(In millions)
Americas
 
and Africa
 
Asia Pacific
 
Total
Tire unit sales
$
4,658

 
$
3,264

 
$
1,425

 
$
9,347

Other tire and related sales
496

 
272

 
87

 
855

Retail services and service related sales
406

 
27

 
55

 
488

Chemical sales
322

 

 

 
322

Other
14

 
4

 
2

 
20

Net Sales by reportable segment
$
5,896

 
$
3,567

 
$
1,569

 
$
11,032

 
Nine Months Ended September 30, 2018
 
 
 
Europe, Middle East
 
 
 
 
(In millions)
Americas
 
and Africa
 
Asia Pacific
 
Total
Tire unit sales
$
4,693

 
$
3,565

 
$
1,508

 
$
9,766

Other tire and related sales
488

 
282

 
94

 
864

Retail services and service related sales
426

 
28

 
60

 
514

Chemical sales
437

 

 

 
437

Other
10

 
5

 
3

 
18

Net Sales by reportable segment
$
6,054

 
$
3,880

 
$
1,665

 
$
11,599


Tire unit sales consist of consumer, commercial, farm and off-the-road tire sales, including the sale of new Company-branded tires through Company-owned retail channels. Other tire and related sales consist of aviation, race, motorcycle and all-terrain vehicle tire sales, retread sales and other tire related sales. Sales of tires in this category are not included in reported tire unit information. Retail services and service related sales consist of automotive services performed for customers through our Company-owned retail channels, and includes service related products. Chemical sales relate to the sale of synthetic rubber and other chemicals to
third parties, and exclude intercompany sales. Other sales include items such as franchise fees and ancillary tire parts, such as tire rims, tire valves and valve stems.
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 $32 million and $39 million at September 30, 2019 and December 31, 2018, respectively. Deferred revenue included in Other Long Term Liabilities in the Consolidated Balance Sheets totaled $30 million and $39 million at September 30, 2019 and December 31, 2018, 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 nine months ended September 30, 2019:
(In millions)
 
Balance at December 31, 2018
$
78

Revenue deferred during period
112

Revenue recognized during period
(128
)
Impact of foreign currency translation

Balance at September 30, 2019
$
62