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Revenue from Contracts with Customers (Tables)
6 Months Ended
Jun. 30, 2018
Revenue from Contract with Customer [Abstract]  
Schedule of Revenue Disaggregated by Major Market Channel
In the following tables, revenue is disaggregated by major market channel for the three and six month periods ended June 30, 2018:
 
Three Months Ended June 30, 2018

Americas
 
International
 
Eliminations
 
Total
Light vehicle(1)
$
527,284

 
$
122,872

 
$
(31,423
)
 
$
618,733

Truck and bus radial
43,573

 
26,527

 
(22,420
)
 
47,680

Other(2)
13,555

 
18,440

 

 
31,995

Net sales
$
584,412

 
$
167,839

 
$
(53,843
)
 
$
698,408


 
Six Months Ended June 30, 2018
 
Americas
 
International
 
Eliminations
 
Total
Light vehicle(1)
$
960,668

 
$
244,213

 
$
(56,373
)
 
$
1,148,508

Truck and bus radial
85,034

 
53,116

 
(42,610
)
 
95,540

Other(2)
24,102

 
31,754

 

 
55,856

Net sales
$
1,069,804

 
$
329,083

 
$
(98,983
)
 
$
1,299,904


(1) 
Light vehicle includes passenger car and light truck tires
(2) 
Other includes motorcycle and racing tires, wheels, tire retread material, and other items
Schedule of Receivables, Contract Assets and Contract Liabilities from Contracts with Customers
The following table provides information about contract liabilities from contracts with customers.
 
 
June 30, 2018
 
December 31, 2017
Contract liabilities
 
$
2,055

 
$
1,111

Significant changes in the contract liabilities balance during the period are as follows:
 
Deferred
revenue
Deferred revenue at beginning of year
$
1,111

Increases due to cash received from customers
5,980

Decreases due to recognition of revenue
(5,036
)
Deferred revenue at June 30, 2018
$
2,055

Summary of Impact on Balance Sheet
The table below summarizes the impact to the balance sheet as of December 31, 2017:
 
As Adjusted
 
Effect of Change
 
Previously Reported
Accounts receivable, less allowances
$
528,250

 
$
100,190

 
$
428,060

Accrued liabilities
280,666

 
100,190

 
180,476

The effect of the retrospective presentation change related to the net periodic cost of the Company's defined benefit plans and other postretirement benefits on the Company's Condensed Consolidated Statement of Income for the three and six months ended June 30, 2017 is shown in the following tables:

Three Months Ended June 30, 2017
 
 
 
Effect of change
 
 
 
As Adjusted
 
Americas
 
International
 
Corporate
 
Previously Reported
Cost of products sold
$
581,202

 
$
7,295

 
$
1,416

 
$

 
$
589,913

Selling, general and administrative expense
55,350

 
296

 

 
362

 
56,008

Other pension and postretirement benefit expense
(9,369
)
 
(7,591
)
 
(1,416
)
 
(362
)
 


Six Months Ended June 30, 2017
 
 
 
Effect of change
 
 
 
As Adjusted
 
Americas
 
International
 
Corporate
 
Previously Reported
Cost of products sold
$
1,105,642

 
$
14,591

 
$
2,788

 
$

 
$
1,123,021

Selling, general and administrative expense
115,941

 
592

 

 
722

 
117,255

Other pension and postretirement benefit expense
(18,693
)
 
(15,183
)
 
(2,788
)
 
(722
)