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Other Assets and Investments | 12 Months Ended
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Dec. 31, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] |
Other Assets and Investments | Note 12. Other Assets and Investments Dividends received from our consolidated subsidiaries were $131 million, $150 million and $115 million in 2024, 2023 and 2022, respectively. Dividends received in 2024 were primarily from Brazil, Mexico, Singapore and Canada and paid to the United States. Dividends received in 2023 and 2022 were primarily from Brazil, Mexico and Singapore and paid to the United States. Dividends received from our affiliates accounted for using the equity method were $7 million, $19 million and $7 million in 2024, 2023 and 2022, respectively. Investment in TireHub The carrying value of our net investment in TireHub was $110 million and $118 million, which includes an outstanding loan receivable of $119 million and $96 million, at December 31, 2024 and 2023, respectively, and was included in Other Assets on our Consolidated Balance Sheets. Our investment in TireHub is accounted for under the equity method of accounting and, as such, includes our 50% share of the net income (losses) of TireHub, which was a net loss of $35 million and $25 million in 2024 and 2023, respectively. Investment in ACTR Company Limited We own a 35% equity interest in ACTR Company Limited, a tire manufacturing joint venture in Vietnam, v alued at $84 million and $76 million at December 31, 2024 and 2023, respectively. Our investment in ACTR is accounted for under the equity method of accounting and, as such, includes our 35% share of the net income of ACTR, which totaled $8 million and $15 million in 2024 and 2023, respectively.

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