Business Segments (Tables)

3 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

Business Segment Reporting Information

	Three Months Ended
	March 31,
(In millions)	2024			2023
Sales:
Americas	$	2,588		$	2,867
Europe, Middle East and Africa		1,347			1,492
Asia Pacific		602			582
Net Sales	$	4,537		$	4,941
Segment Operating Income:
Americas	$	179		$	79
Europe, Middle East and Africa		8			8
Asia Pacific		60			38
Total Segment Operating Income	$	247		$	125
Less:
Rationalizations (Note 3)	$	22		$	32
Interest expense		126			127
Other (income) expense (Note 4)		30			25
Asset write-offs (recoveries), accelerated depreciation, and accelerated lease costs, net (Note 3)		51			2
Corporate incentive compensation plans		20			20
Retained expenses of divested operations		5			4
Other(1)		45			15
Loss before Income Taxes	$	(52	)	$	(100	)

(1)Other for the three months ended March 31, 2024 includes $28 million of costs related to the Goodyear Forward plan, primarily related to third-party advisory, legal and consulting fees and costs associated with planned asset sales.

Rationalizations, Net (Gains) Losses on Asset Sales, Asset Write-offs and Accelerated Depreciation, net

Rationalizations and asset write-offs (recoveries), accelerated depreciation, and accelerated lease costs, as described in Note to the Consolidated Financial Statements No. 3, Costs Associated with Rationalization Programs and net (gains) losses on asset sales, as described in Note to the Consolidated Financial Statements No. 4, Other (Income) Expense, were not charged to the strategic business units ("SBUs") for performance evaluation purposes but were attributable to the SBUs as follows:

	Three Months Ended
	March 31,
(In millions)	2024		2023
Rationalizations:
Americas	$	5	$	5
Europe, Middle East and Africa		6		24
Asia Pacific		11		3
Total Segment Rationalizations	$	22	$	32
Net (Gains) Losses on Asset Sales:
Americas	$	—	$	(2	)
Europe, Middle East and Africa		2		—
Total Segment Net (Gains) Losses on Asset Sales	$	2	$	(2	)
Asset Write-offs (Recoveries), Accelerated Depreciation, and Accelerated Lease Costs, net:
Americas	$	8	$	8
Europe, Middle East and Africa		16		(6	)
Asia Pacific		7		—
Total Segment Asset Write-offs (Recoveries), Accelerated Depreciation, and Accelerated Lease Costs, net	$	31	$	2
Corporate		20		—
Total Asset Write-offs (Recoveries), Accelerated Depreciation, and Accelerated Lease Costs, net	$	51	$	2