THE GOODYEAR TIRE & RUBBER COMPANY GT Income Statement

The goodyear tire & rubber company (GT)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Net Sales
3,056	3,713	3,802	3,632	3,598	3,876	3,928	3,841	3,830	4,071	3,921	3,686	3,699	3,741	3,847	3,879	3,691	4,063	4,184	4,172	4,024	4,356	4,657	4,656	4,469	4,791	5,002	4,894	4,853	5,045	5,264	5,150	5,533	5,683	6,062	5,620	5,402	5,072	4,962	4,528	4,270	4,385	3,943
Cost of Goods Sold
2,552	2,903	2,965	2,855	2,879	3,008	3,028	2,949	2,976	3,081	3,054	2,785	2,760	2,685	2,736	2,813	2,701	3,071	3,000	3,027	3,066	3,340	3,516	3,532	3,518	3,690	3,946	3,846	3,940	4,100	4,315	4,141	4,607	4,815	4,973	4,572	4,461	4,190	4,120	3,686	3,456	3,523	3,353
Selling, Administrative and General Expense
581	618	572	586	547	580	553	588	591	579	545	579	576	602	599	593	615	725	633	648	608	702	653	698	667	736	686	691	645	707	652	697	662	724	677	753	668	715	640	670	605	617	614
Goodwill Impairment
182	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Rationalizations
9	77	21	4	103	4	5	-2	37	33	46	27	29	16	135	48	11	32	20	46	16	15	15	24	41	17	21	13	7	108	26	26	15	23	25	46	9	224	8	6	2	16	136
Interest Expense
73	79	88	88	85	85	82	78	76	75	84	89	87	87	90	104	91	116	105	110	107	129	108	102	105	105	100	102	85	87	86	83	101	89	86	81	74	75	90	77	74	85	79
Other (Income) Expense
-27	-24	-35	-17	-22	3	253	-45	-37	-16	-30	-16	-8	-22	23	-20	-6	17	5	-13	132	-44	-66	-8	-168	15	0	14	-126	-11	1	-37	-92	-25	4	-48	-4	-13	-62	-7	-104	-4	-32
Income (Loss) before Income Taxes
-368	12	121	82	-38	202	513	183	113	287	162	190	239	329	310	301	267	-510	431	328	359	126	299	292	-30	258	249	256	50	32	186	166	56	7	305	120	186	-145	42	82	29	140	-271
United States and Foreign Tax Expense
249	411	31	26	6	92	159	19	33	377	30	36	70	-238	-10	93	78	-137	126	120	123	-2,002	100	60	8	2	54	63	19	39	53	63	48	-19	94	64	62	21	55	43	53	38	-18
Net Income (Loss)
-617	-399	90	56	-44	110	354	164	80	-90	132	154	169	567	320	208	189	-373	305	208	236	2,128	199	232	-38	256	195	193	31	-7	133	103	8	26	211	56	124	-166	-13	39	-24	102	-253
Less: Minority Shareholders’ Net Income
2	-7	2	2	17	0	3	7	5	6	3	7	3	6	3	6	5	7	34	16	12	-1	38	19	13	21	22	5	-2	-14	16	11	12	1	43	9	21	11	7	11	23	30	-32
Goodyear Net Income (Loss)
-619	-392	88	54	-61	110	351	157	75	-96	129	147	166	561	317	202	184	-380	271	192	224	2,129	161	213	-51	235	173	188	33	7	117	92	-4	25	168	47	103	-177	-20	28	-47	72	-221
Less: Preferred Stock Dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	7	8	7	7	7	8	7	7	7	8	7	7	0	-	0	-	-	-	-
Goodyear Net Income available to Common Shareholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,129	161	213	-58	227	166	181	26	-1	110	85	-11	17	161	40	103	-	-20	28	-	-	-
Goodyear Net Income (Loss) — Per Share of Common Stock
Basic (in dollars per share)
-2.65	-1.68	0.38	0.23	-0.26	0.46	1.49	0.66	0.31	-0.37	0.52	0.58	0.66	2.15	1.21	0.76	0.69	-1.41	1.01	0.71	0.83	8.01	0.58	0.77	-0.23	0.93	0.67	0.74	0.10	0.00	0.45	0.35	-0.05	0.08	0.66	0.16	0.42	-0.73	-0.08	0.11	-0.19	0.30	-0.92
Weighted Average Shares Outstanding (in shares)
234	234	233	233	232	233	236	239	240	242	250	252	252	259	262	264	267	267	269	270	270	273	275	276	248	247	246	246	245	246	245	245	244	245	244	244	243	242	242	242	242	242	241
Diluted (in dollars per share)
-2.65	-1.68	0.38	0.23	-0.26	0.45	1.48	0.65	0.31	-0.36	0.50	0.58	0.65	2.12	1.19	0.75	0.68	-1.39	0.99	0.70	0.82	7.67	0.58	0.76	-0.23	0.89	0.62	0.67	0.10	0.05	0.41	0.33	-0.05	0.08	0.60	0.16	0.42	-0.73	-0.08	0.11	-0.19	0.30	-0.92
Weighted Average Shares Outstanding (in shares)
234	232	234	234	232	233	238	241	244	246	254	256	256	259	266	268	271	270	274	274	274	308	279	281	248	300	278	282	248	182	281	281	244	310	281	247	246	240	242	244	242	245	241
Common Stock, Dividends, Per Share, Declared
-	-	-	-	-	-	-	-	-	-	0.10	0.10	0.10	0.00	0.17	0.07	0.07	0.07	0.06	0.06	0.06	0.06	0.06	0.05	0.05	0.00	0.05	0.00	0.00	-	0.00	-	-	-	-	-	-	-	-	-	-	-	-