The goodyear tire & rubber company (GT)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Dec'09
Assets:
Current Assets:
Cash and Cash Equivalents

971

908

868

917

860

801

896

975

837

1,043

822

903

961

1,132

975

1,138

1,079

1,476

1,690

1,638

1,613

2,161

1,744

1,637

1,853

2,996

2,500

2,564

2,386

2,281

2,257

2,156

2,083

2,772

2,126

1,804

2,215

2,005

1,665

1,683

1,922

Accounts Receivable, less Allowance — $131 ($111 in 2019)

2,025

1,941

2,748

2,473

2,446

2,030

2,670

2,388

2,509

2,025

2,672

2,309

2,270

1,769

2,649

2,475

2,482

2,033

2,616

2,476

2,523

2,126

3,021

2,841

2,913

2,435

3,254

2,880

3,021

2,563

3,555

3,174

3,530

2,849

4,008

3,539

3,550

2,736

3,461

2,840

2,540

Inventories:
Raw Materials

589

530

546

573

549

-

567

530

501

-

463

560

479

-

464

445

418

-

508

488

479

-

584

638

619

-

616

658

668

-

807

904

904

-

1,054

969

826

-

723

665

-

Work in Process

87

143

155

153

161

-

155

160

158

-

145

145

148

-

143

141

145

-

142

144

149

-

161

165

172

-

172

171

179

-

188

188

207

-

200

207

190

-

165

146

-

Finished Products

2,243

2,178

2,264

2,365

2,230

-

2,216

2,251

2,236

-

2,383

2,479

2,218

-

2,147

2,100

2,073

-

1,894

1,913

1,910

-

2,179

2,327

2,230

-

2,156

2,309

2,321

-

2,601

2,848

2,858

-

2,783

2,856

2,321

-

2,105

2,090

-

Inventories

2,919

2,851

2,965

3,091

2,940

2,856

2,938

2,941

2,895

2,787

2,991

3,184

2,845

2,627

2,754

2,686

2,636

2,464

2,544

2,545

2,538

2,671

2,924

3,130

3,021

2,816

2,944

3,138

3,168

3,250

3,596

3,940

3,969

3,856

4,037

4,032

3,337

2,977

2,993

2,901

2,443

Deferred Income Taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

575

579

568

-

-

-

-

143

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets Held for Sale (Note 4)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

242

218

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid Expenses and Other Current Assets

258

234

280

300

246

238

249

265

247

224

242

236

249

190

193

169

178

153

255

239

192

201

358

430

419

254

371

387

467

404

397

379

406

335

341

401

390

327

284

299

320

Total Current Assets

6,173

5,934

6,861

6,781

6,492

5,925

6,753

6,569

6,488

6,079

6,727

6,632

6,325

5,718

6,571

6,468

6,375

6,126

7,922

7,695

7,434

7,159

8,047

8,038

8,206

8,644

9,069

8,969

9,042

8,498

9,805

9,649

9,988

9,812

10,512

9,776

9,492

8,045

8,403

7,723

7,225

Goodwill (Note 8)

369

565

550

570

563

569

572

576

606

595

587

571

545

535

564

560

574

555

556

563

552

601

623

663

668

668

660

643

647

664

655

644

672

654

670

720

712

683

691

632

706

Intangible Assets (Note 8)

135

137

134

135

136

136

137

138

140

139

137

137

136

136

138

138

138

138

131

132

137

138

135

137

137

138

138

139

139

140

154

154

157

157

157

161

161

161

163

160

164

Deferred Income Taxes

1,261

1,527

1,839

1,865

1,864

1,847

1,908

2,035

2,039

2,008

2,356

2,361

2,371

2,414

2,129

2,028

2,074

2,141

1,485

1,572

1,682

2,253

105

131

168

157

190

187

195

186

145

138

148

145

55

48

52

58

71

50

43

Other Assets (Note 9)

941

959

1,055

1,071

1,160

1,136

1,089

804

805

792

714

700

682

668

702

706

676

654

748

744

705

740

654

648

600

600

550

527

534

529

522

517

497

486

472

489

510

518

459

407

429

Operating Lease Right-of-Use Assets

873

855

828

854

862

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property, Plant and Equipment, less Accumulated Depreciation — $10,324 ($10,488 in 2019)

6,939

7,208

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property, Plant and Equipment

6,939

7,208

7,032

7,194

7,196

7,259

7,132

7,233

7,502

7,451

7,331

7,245

7,135

7,040

7,039

6,960

6,940

6,777

6,673

6,810

6,826

7,153

7,092

7,325

7,313

7,320

7,065

6,919

6,901

6,956

6,658

6,499

6,528

6,375

6,263

6,448

6,329

6,165

5,869

5,541

5,843

Total Assets

16,691

17,185

18,299

18,470

18,273

16,872

17,591

17,355

17,580

17,064

17,852

17,646

17,194

16,511

17,143

16,860

16,777

16,391

17,515

17,516

17,336

18,044

16,656

16,942

17,092

17,527

17,672

17,384

17,458

16,973

17,939

17,601

17,990

17,629

18,129

17,642

17,256

15,630

15,656

14,513

14,410

Liabilities:
Current Liabilities:
Accounts Payable — Trade

2,645

2,908

2,651

2,750

2,737

2,920

2,819

2,880

2,850

2,807

2,624

2,774

2,631

2,589

2,600

2,643

2,653

2,769

2,576

2,602

2,612

2,878

2,827

3,097

3,112

3,097

3,084

3,213

3,218

3,223

3,146

3,324

3,571

3,668

3,371

3,515

3,358

3,107

2,813

2,613

2,278

Compensation and Benefits

470

536

539

507

492

471

517

511

534

539

582

567

568

584

625

605

615

666

723

675

669

724

774

763

727

758

794

691

687

719

776

719

766

799

821

789

792

756

727

659

635

Liabilities Held for Sale (Note 4)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

204

203

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Current Liabilities

648

734

690

653

694

737

795

821

898

1,026

1,062

1,055

1,040

963

993

855

943

886

871

904

885

950

1,036

1,080

1,119

1,083

1,130

1,067

1,156

1,182

1,193

1,102

1,099

1,050

1,103

1,097

1,055

1,018

1,015

838

844

Notes Payable and Overdrafts

691

348

486

480

495

410

445

335

332

262

276

238

217

245

179

145

76

49

41

36

23

30

38

7

26

14

44

79

107

102

163

168

291

256

312

261

245

238

259

184

224

Operating Lease Liabilities due Within One Year

191

199

197

200

203

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term Debt and Capital Lease Obligations, Repayments of Principal in Next Twelve Months

621

562

610

491

466

243

471

286

327

391

378

435

459

436

403

346

314

585

368

321

238

148

98

78

47

73

132

125

167

96

110

107

154

156

212

257

244

188

118

132

114

Total Current Liabilities

5,266

5,287

5,173

5,081

5,087

4,781

5,047

4,833

4,941

5,025

4,922

5,069

4,915

4,817

4,800

4,594

4,601

4,955

4,783

4,741

4,427

4,730

4,773

5,025

5,031

5,025

5,184

5,175

5,335

5,322

5,388

5,420

5,881

5,929

5,819

5,919

5,694

5,307

4,932

4,426

4,095

Operating Lease Liabilities

693

668

642

664

667

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long Term Debt and Finance Leases

5,212

4,753

5,580

5,766

5,545

5,110

5,604

5,726

5,600

5,076

5,737

5,403

5,257

4,798

5,446

5,745

5,685

5,074

5,591

5,746

5,965

6,216

6,719

6,677

7,047

6,162

6,366

6,325

6,307

4,888

5,708

5,395

5,186

4,789

5,559

4,786

4,795

4,319

4,595

4,288

4,182

Compensation and Benefits

1,254

1,334

1,244

1,277

1,299

1,345

1,350

1,369

1,478

1,515

1,459

1,408

1,392

1,460

1,388

1,393

1,437

1,468

1,426

1,452

1,509

1,676

1,307

1,369

1,376

2,673

3,111

3,133

3,239

4,340

3,454

3,732

3,885

4,002

3,226

3,384

3,412

3,415

3,398

3,405

3,526

Deferred Income Taxes

86

90

91

94

94

95

95

99

101

100

91

86

86

85

89

90

87

91

176

186

181

90

243

255

257

256

273

262

261

264

263

244

253

244

242

269

262

242

252

210

235

Other Long Term Liabilities

483

508

534

539

550

471

495

484

498

498

522

535

584

626

716

630

635

661

587

626

696

905

916

934

944

966

995

1,011

1,014

1,000

1,000

998

1,008

1,041

882

887

849

842

760

761

793

Total Liabilities

12,994

12,640

13,264

13,421

13,242

11,802

12,591

12,511

12,618

12,214

12,731

12,501

12,234

11,786

12,439

12,452

12,445

12,249

12,563

12,751

12,778

13,617

13,958

14,260

14,655

15,082

15,929

15,906

16,156

15,814

15,813

15,789

16,213

16,005

15,728

15,245

15,012

14,125

13,937

13,090

12,831

Commitments and Contingent Liabilities

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

-

-

-

Minority Shareholders Equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

590

569

539

582

595

613

600

577

540

520

515

534

618

602

626

607

626

638

628

584

-

-

593

Shareholders’ Equity:
Goodyear Shareholders’ Equity:
Authorized, 50 million shares, Outstanding shares - none in 2014 (10 million in 2013), liquidation preference $50 per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

500

500

500

500

500

500

500

500

500

500

500

500

500

0

0

0

0

Common Stock, no par value:
Minority Shareholders' Equity (Note 1)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

592

527

-

Authorized, 450 million shares, Outstanding shares — 233 million in 2020 and 2019

233

233

233

233

232

232

233

237

240

240

246

252

252

252

261

262

266

267

269

269

270

269

275

275

248

248

247

246

246

245

245

245

245

245

244

244

244

243

243

243

242

Capital Surplus

2,146

2,141

2,132

2,124

2,114

2,111

2,125

2,214

2,280

2,295

2,476

2,638

2,635

2,645

2,926

2,964

3,053

3,093

3,103

3,117

3,145

3,141

3,275

3,293

2,840

2,847

2,838

2,824

2,818

2,815

2,817

2,812

2,809

2,808

2,805

2,801

2,795

2,805

2,799

2,793

2,783

Retained Earnings

5,444

6,113

6,543

6,492

6,476

6,597

6,525

6,208

6,084

6,044

6,175

6,071

5,949

5,808

5,247

4,918

4,735

4,570

4,981

4,727

4,551

4,331

2,231

2,087

1,888

1,958

1,730

1,576

1,396

1,370

1,370

1,260

1,176

1,187

1,169

1,009

969

866

1,043

1,063

1,082

Accumulated Other Comprehensive Loss

-4,313

-4,136

-4,073

-4,002

-4,014

-4,076

-4,083

-4,022

-3,867

-3,976

-4,015

-4,052

-4,103

-4,198

-3,957

-3,962

-3,950

-4,010

-4,210

-4,143

-4,174

-4,131

-3,919

-3,830

-3,883

-3,947

-4,363

-4,431

-4,424

-4,560

-3,702

-3,870

-3,867

-3,991

-3,219

-3,079

-3,181

-3,270

-3,226

-3,452

-3,372

Goodyear Shareholders’ Equity

3,510

4,351

4,835

4,847

4,808

4,864

4,800

4,637

4,737

4,603

4,882

4,909

4,733

4,507

4,477

4,182

4,104

3,920

4,143

3,970

3,792

3,610

1,862

1,825

1,593

1,606

952

715

536

370

1,230

947

863

749

1,499

1,475

1,327

644

859

647

735

Minority Shareholders’ Equity — Nonredeemable

187

194

200

202

223

206

200

207

225

247

239

236

227

218

227

226

228

222

219

226

227

235

241

244

244

262

251

243

251

255

278

263

288

268

276

284

289

277

268

249

251

Total Shareholders’ Equity

3,697

4,545

5,035

5,049

5,031

5,070

5,000

4,844

4,962

4,850

5,121

5,145

4,960

4,725

4,704

4,408

4,332

4,142

4,362

4,196

4,019

3,845

2,103

2,069

1,837

1,868

1,203

958

787

625

1,508

1,210

1,151

1,017

1,775

1,759

1,616

921

1,127

896

986

Total Liabilities and Shareholders’ Equity

16,691

17,185

18,299

18,470

18,273

16,872

17,591

17,355

17,580

17,064

17,852

17,646

17,194

16,511

17,143

16,860

16,777

16,391

17,515

17,516

17,336

18,044

16,656

16,942

17,092

17,527

17,672

17,384

17,458

16,973

17,939

17,601

17,990

17,629

18,129

17,642

17,256

15,630

15,656

14,513

14,410