The Goodyear Tire & Rubber Company (GT)

GT Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	905	902	1,227	1,088	1,539	908
Cash & Short-Term Investments	905	902	1,227	1,088	1,539	908
Cash Growth	-9.68%	-26.49%	12.78%	-29.30%	69.49%	13.36%
Accounts Receivable	3,366	2,708	2,594	2,377	1,690	1,918
Other Receivables	10	10	11	-	-	13
Receivables	3,376	2,718	2,605	2,377	1,690	1,931
Inventory	3,812	3,698	4,571	3,594	2,153	2,851
Prepaid Expenses	274	236	183	200	152	168
Restricted Cash	35	83	74	62	85	66
Other Current Assets	499	13	5	10	1	10
Total Current Assets	8,901	7,650	8,665	7,331	5,620	5,934
Property, Plant & Equipment	9,266	9,477	9,270	9,326	7,924	8,063
Long-Term Investments	-	22	60	72	77	262
Goodwill	759	781	1,014	1,004	408	565
Other Intangible Assets	814	969	1,004	1,039	135	137
Long-Term Accounts Receivable	-	-	-	-	30	-
Long-Term Deferred Tax Assets	1,662	1,630	1,443	1,596	1,467	1,527
Other Long-Term Assets	1,147	957	958	1,034	831	697
Total Assets	22,549	21,582	22,431	21,402	16,506	17,185
Accounts Payable	4,050	4,326	4,803	4,148	2,945	2,908
Accrued Expenses	710	690	663	710	556	549
Short-Term Debt	587	344	395	406	406	348
Current Portion of Long-Term Debt	1,013	439	220	325	134	556
Current Portion of Leases	202	210	207	222	216	205
Current Unearned Revenue	15	18	19	23	23	23
Other Current Liabilities	1,221	1,120	833	778	826	698
Total Current Liabilities	7,798	7,147	7,140	6,612	5,106	5,287
Long-Term Debt	7,161	6,573	7,020	6,411	5,200	4,510
Long-Term Leases	1,096	1,083	1,068	1,056	916	911
Long-Term Unearned Revenue	7	10	15	21	27	31
Long-Term Deferred Tax Liabilities	103	83	134	135	84	90
Other Long-Term Liabilities	1,480	1,077	829	833	713	701
Total Liabilities	17,645	16,745	16,965	16,218	13,247	12,640
Common Stock	285	284	283	282	233	233
Additional Paid-In Capital	3,152	3,133	3,117	3,107	2,171	2,141
Retained Earnings	5,080	5,086	5,775	5,573	4,809	6,113
Comprehensive Income & Other	-3,772	-3,835	-3,875	-3,963	-4,135	-4,136
Total Common Equity	4,745	4,668	5,300	4,999	3,078	4,351
Minority Interest	159	169	166	185	181	194
Shareholders' Equity	4,904	4,837	5,466	5,184	3,259	4,545
Total Liabilities & Equity	22,549	21,582	22,431	21,402	16,506	17,185
Total Debt	10,059	8,649	8,910	8,420	6,872	6,530
Net Cash (Debt)	-9,154	-7,747	-7,683	-7,332	-5,333	-5,622
Net Cash Per Share	-32.03	-27.18	-26.86	-27.77	-22.79	-24.13
Filing Date Shares Outstanding	284.92	283.95	283.01	281.83	233.22	232.66
Total Common Shares Outstanding	284.92	283.79	282.9	281.79	233.22	232.65
Working Capital	1,103	503	1,525	719	514	647
Book Value Per Share	16.65	16.45	18.73	17.74	13.20	18.70
Tangible Book Value	3,172	2,918	3,282	2,956	2,535	3,649
Tangible Book Value Per Share	11.13	10.28	11.60	10.49	10.87	15.68
Land	-	461	449	552	436	425
Buildings	-	2,840	2,640	2,681	2,467	2,431
Machinery	-	15,664	14,838	14,893	13,893	13,624
Construction In Progress	-	1,340	1,173	785	737	681

Source: S&P Capital IQ. Standard template. Financial Sources.