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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Current Assets:    
Cash and Cash Equivalents $ 868 $ 801
Accounts Receivable, less Allowance — $114 ($113 in 2018) 2,748 2,030
Inventories:    
Raw Materials 546 569
Work in Process 155 152
Finished Products 2,264 2,135
Total Inventory 2,965 2,856
Prepaid Expenses and Other Current Assets 280 238
Total Current Assets 6,861 5,925
Goodwill 550 569
Intangible Assets 134 136
Deferred Income Taxes (Note 5) 1,839 1,847
Other Assets 1,055 1,136
Operating Lease Right-of-Use Assets (Note 8) 828 0
Property, Plant and Equipment, less Accumulated Depreciation — $10,457 ($10,161 in 2018) 7,032 7,259
Total Assets 18,299 16,872
Current Liabilities:    
Accounts Payable — Trade 2,651 2,920
Compensation and Benefits (Notes 11 and 12) 539 471
Other Current Liabilities 690 737
Notes Payable and Overdrafts (Note 9) 486 410
Operating Lease Liabilities due Within One Year (Note 8) 197 0
Long Term Debt and Finance Leases due Within One Year (Notes 8 and 9) 610 243
Total Current Liabilities 5,173 4,781
Operating Lease Liabilities (Note 8) 642 0
Long Term Debt and Finance Leases (Notes 8 and 9) 5,580 5,110
Compensation and Benefits (Notes 11 and 12) 1,244 1,345
Deferred Income Taxes (Note 5) 91 95
Other Long Term Liabilities 534 471
Total Liabilities 13,264 11,802
Commitments and Contingent Liabilities (Note 13)
Common Stock, no par value:    
Authorized, 450 million shares, Outstanding shares — 233 and 232 million in 2019 and 2018 233 232
Capital Surplus 2,132 2,111
Retained Earnings 6,543 6,597
Accumulated Other Comprehensive Loss (4,073) (4,076)
Goodyear Shareholders’ Equity 4,835 4,864
Minority Shareholders’ Equity — Nonredeemable 200 206
Total Shareholders’ Equity 5,035 5,070
Total Liabilities and Shareholders’ Equity $ 18,299 $ 16,872