Goodyear Forward: Driving Shareholder Value
RECONCILIATION OF SEGMENT OPERATING INCOME & MARGIN
(in millions)
Total Segment Operating Income
Less:
Rationalizations
Interest Expense
Three Months Ended
March 31,
June 30,
September 30,
2023
2023
2023
$
125
$
124
$
336
Six Months Ended
June 30,
2023
S
$
249
32
72
12
198
104
127
138
138
265
Other (Income) Expense
25
36
21
61
Asset Write-Offs and Accelerated Depreciation, Net
2
11
8
13
Corporate Incentive Compensation Plans
20
20
21
21
2
41
Retained Expenses of Divested Operations
4
4
2
8
Other
15
52
26
67
Income (Loss) before Income Taxes
$
(100)
$
(210)
$
(59)
$
(310)
United States and Foreign Tax Expense (Benefit)
(1)
(2)
25
25
(3)
Less: Minority Shareholders' Net Income
2
-
5
2
Goodyear Net Income (Loss)
$
(101)
$
(208)
$
(89)
$
(309)
Net Sales
Return on Net Sales
Total Segment Operating Margin
ss
4,941
$
4,867
$
5,142
S
$
9,808
-2.0%
-4.3%
-1.7%
-3.2%
2.5%
2.5%
6.5%
2.5%
20
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