XML 38 R24.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Accumulated Other Comprehensive Loss | 9 Months Ended
--- | ---
Sep. 30, 2022
Equity [Abstract] |
Accumulated Other Comprehensive Loss | NOTE 15. ACCUMULATED OTHER COMPREHENSIVE LOSS The following tables present changes in AOCL, by component, for the nine months ended September 30, 2022 and 2021, after tax and minority interest.
(In millions) Income (Loss) |  | Foreign Currency Translation Adjustment |  |  | Unrecognized Net Actuarial Losses and Prior Service Costs |  |  | Deferred Derivative Gains (Losses) |  |  | Total |
Balance at December 31, 2021 |  | $ | (1,402 | ) |  | $ | (2,565 | ) |  | $ | 4 |  |  | $ | (3,963 | )
Other comprehensive income (loss) before reclassifications |  |  | (334 | ) |  |  | 10 |  |  |  | 3 |  |  |  | (321 | )
Amounts reclassified from accumulated other comprehensive loss |  |  | — |  |  |  | 93 |  |  |  | (1 | ) |  |  | 92 |
Balance at September 30, 2022 |  | $ | (1,736 | ) |  | $ | (2,462 | ) |  | $ | 6 |  |  | $ | (4,192 | )
(In millions) Income (Loss) |  | Foreign Currency Translation Adjustment |  |  | Unrealized Gains (Losses) from Securities |  |  | Unrecognized Net Actuarial Losses and Prior Service Costs |  |  | Deferred Derivative Gains (Losses) |  |  | Total |
Balance at December 31, 2020 |  | $ | (1,284 | ) |  | $ | — |  |  | $ | (2,856 | ) |  | $ | 5 |  |  | $ | (4,135 | )
Other comprehensive income (loss) before reclassifications |  |  | (72 | ) |  |  | 1 |  |  |  | 22 |  |  |  | 2 |  |  |  | (47 | )
Amounts reclassified from accumulated other comprehensive loss |  |  | — |  |  |  | — |  |  |  | 102 |  |  |  | (2 | ) |  |  | 100 |
Balance at September 30, 2021 |  | $ | (1,356 | ) |  | $ | 1 |  |  | $ | (2,732 | ) |  | $ | 5 |  |  | $ | (4,082 | )
The following table presents reclassifications out of AOCL:
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |  |  |
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |  |  |
(In millions) (Income) Expense |  | Amount Reclassified |  |  | Amount Reclassified |  |  | Affected Line Item in the Consolidated
Component of AOCL |  | from AOCL |  |  | from AOCL |  |  | Statements of Operations
Amortization of prior service cost and unrecognized gains and losses |  | $ | 32 |  |  | $ | 34 |  |  | $ | 95 |  |  | $ | 104 |  |  | Other (Income) Expense
Immediate recognition of prior service cost and unrecognized gains and losses due to curtailments, settlements and divestitures |  |  | 10 |  |  |  | 11 |  |  |  | 28 |  |  |  | 30 |  |  | Other (Income) Expense / Rationalizations
Unrecognized net actuarial losses and prior service costs, before tax |  |  | 42 |  |  |  | 45 |  |  |  | 123 |  |  |  | 134 |  |  |
Tax effect |  |  | (10 | ) |  |  | (11 | ) |  |  | (30 | ) |  |  | (32 | ) |  | United States and Foreign Taxes
Net of tax |  | $ | 32 |  |  | $ | 34 |  |  | $ | 93 |  |  | $ | 102 |  |  | Goodyear Net Income
Deferred derivative (gains) losses, before tax |  | $ | — |  |  | $ | — |  |  | $ | (1 | ) |  | $ | (2 | ) |  | Cost of Goods Sold
Tax effect |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  | United States and Foreign Taxes
Net of tax |  | $ | — |  |  | $ | — |  |  | $ | (1 | ) |  | $ | (2 | ) |  | Goodyear Net Income
Total reclassifications |  | $ | 32 |  |  | $ | 34 |  |  | $ | 92 |  |  | $ | 100 |  |  | Goodyear Net Income
The following table presents the details of comprehensive income (loss) attributable to minority shareholders:
|  | Three Months Ended |  |  | Nine Months Ended |
|  | September 30, |  |  | September 30, |
(In millions) |  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
Net Income Attributable to Minority Shareholders |  | $ | 4 |  |  | $ | 2 |  |  | $ | 8 |  |  | $ | 12 |
Other Comprehensive Income: |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency translation |  |  | (7 | ) |  |  | (1 | ) |  |  | (22 | ) |  |  | (9 | )
Comprehensive Income (Loss) Attributable to Minority Shareholders |  | $ | (3 | ) |  | $ | 1 |  |  | $ | (14 | ) |  | $ | 3 |

X
- Definition The entire disclosure for any adjustments made during the period to avoid double counting in comprehensive income items displayed as part of net income that also had been displayed as part of other comprehensive income in that period or earlier periods. These adjustments include reclassifications to net income of items in accumulated comprehensive income, such as deferred gains or losses on qualifying hedges when hedged item reported in net income, holding gains or losses on available-for-sale securities transferred into trading category, unrealized holding gains or losses on debt securities transferred from held-to-maturity category into available-for-sale category and accumulated translation adjustment attributable to foreign subsidiary or investment in foreign entity upon sale or liquidation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI https://asc.fasb.org/topic&trid=2134417 + Details
Name: | us-gaap_DisclosureOfReclassificationAmountTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration