Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2016

Earnings Per Share [Abstract]

Basic and Diluted Earnings Per Common Share

Basic and diluted earnings per common share are calculated as follows:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(In millions, except per share amounts)	2016		2015		2016		2015
Earnings per share — basic:
Goodyear net income available to common shareholders	$	317	$	271	$	703	$	687
Weighted average shares outstanding	262		269		264		270
Earnings per common share — basic	$	1.21	$	1.01	$	2.66	$	2.55
Earnings per share — diluted:
Goodyear net income available to common shareholders	$	317	$	271	$	703	$	687
Weighted average shares outstanding	262		269		264		270
Dilutive effect of stock options and other dilutive securities	4		5		4		4
Weighted average shares outstanding — diluted	266		274		268		274
Earnings per common share — diluted	$	1.19	$	0.99	$	2.62	$	2.51