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Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2020

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								Nine Months Ended
		September 30,								September 30,
(In millions, except per share amounts)		2020				2019				2020				2019
Earnings (loss) per share — basic:
Goodyear net income (loss)		$	(2	)		$	88			$	(1,317	)		$	81
Weighted average shares outstanding			234				233				234				233
Earnings (loss) per common share — basic		$	(0.01	)		$	0.38			$	(5.62	)		$	0.35
Earnings (loss) per share — diluted:
Goodyear net income (loss)		$	(2	)		$	88			$	(1,317	)		$	81
Weighted average shares outstanding			234				233				234				233
Dilutive effect of stock options and other dilutive securities			—				1				—				1
Weighted average shares outstanding — diluted			234				234				234				234
Earnings (loss) per common share — diluted		$	(0.01	)		$	0.38			$	(5.62	)		$	0.35

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- References

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

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Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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