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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current Assets:    
Cash and Cash Equivalents $ 810 $ 902
Accounts Receivable (Note 9) 2,482 2,731
Inventories (Note 10) 3,597 3,698
Assets Held for Sale (Note 1) 466 0
Prepaid Expenses and Other Current Assets 277 319
Total Current Assets 7,632 7,650
Goodwill (Note 11) 756 781
Intangible Assets (Note 11) 805 969
Deferred Income Taxes (Note 6) 1,686 1,630
Other Assets (Note 12) 1,052 1,075
Operating Lease Right-of-Use Assets (Note 14) 951 985
Property, Plant and Equipment (Note 13) 8,082 8,492
Total Assets 20,964 21,582
Current Liabilities:    
Accounts Payable — Trade 4,052 4,326
Compensation and Benefits (Notes 17 and 18) 606 663
Other Current Liabilities 1,089 1,165
Notes Payable and Overdrafts (Note 15) 558 344
Operating Lease Liabilities due Within One Year (Note 14) 200 200
Long Term Debt and Finance Leases due Within One Year 832 449
Total Current Liabilities 7,337 7,147
Operating Lease Liabilities 804 825
Long Term Debt and Finance Leases (Notes 14 and 15) 6,392 6,831
Compensation and Benefits (Notes 17 and 18) 789 974
Deferred Income Taxes (Note 6) 108 83
Other Long Term Liabilities 628 885
Total Liabilities 16,058 16,745
Commitments and Contingent Liabilities (Note 19)
Goodyear Shareholders’ Equity:    
Common Stock, no par value:Authorized, 450 million shares, Outstanding shares 285 million (284 million in 2023) 285 284
Capital Surplus 3,159 3,133
Retained Earnings 5,156 5,086
Accumulated Other Comprehensive Loss (Note 21) (3,844) (3,835)
Goodyear Shareholders’ Equity 4,756 4,668
Minority Shareholders’ Equity — Nonredeemable 150 169
Total Shareholders’ Equity 4,906 4,837
Total Liabilities and Shareholders’ Equity $ 20,964 $ 21,582