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THE GOODYEAR TIRE & RUBBER COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) Three Months Ended June 30, Six Months Ended June 30, (In millions, except per share amounts) 2026 2025 2026 2025 Net Sales (Note 2) $ 4,250 $ 4,465 $ 8,131 $ 8,718 Cost of Goods Sold 3,569 3,705 6,757 7,218 Selling, Administrative and General Expense 703 692 1,371 1,342 Rationalizations (Note 3) 29 59 133 140 Interest Expense 105 112 200 227 Other (Income) Expense (Note 4) 22 31 31 56 Net (Gain) Loss on Asset Sales (17) (439) (20) (701) Income (Loss) before Income Taxes (161) 305 (341) 436 United States and Foreign Tax Expense (Note 5) 46 24 112 37 Net Income (Loss) (207) 281 (453) 399 Less: Minority Shareholders’ Net Income (Loss) (3) 27 — 30 Goodyear Net Income (Loss) $ (204) $ 254 $ (453) $ 369 Goodyear Net Income (Loss) — Per Share of Common Stock Basic $ (0.71) $ 0.88 $ (1.57) $ 1.28 Weighted Average Shares Outstanding (Note 6) 289 287 289 287 Diluted $ (0.71) $ 0.87 $ (1.57) $ 1.27 Weighted Average Shares Outstanding (Note 6) 289 290 289 290 The accompanying notes are an integral part of these consolidated financial statements. 1 Table of Contents THE GOODYEAR TIRE & RUBBER COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) Three Months Ended June 30, Six Months Ended June 30, (In millions) 2026 2025 2026 2025 Net Income (Loss) $ (207) $ 281 $ (453) $ 399 Other Comprehensive Income (Loss): Foreign currency: Foreign currency translation, net of tax of $0 and $0 in 2026 ($4 and $6 in 2025) 9 (7) 2 12 Reclassification adjustment for amounts recognized in income, net of tax of $0 and $0 in 2026 ($0 and $0 in 2025) — (2) — 8 Defined benefit plans: Amortization of prior service cost and unrecognized gains and losses included in total benefit cost, net of tax of $1 and $2 in 2026 ($7 and $13 in 2025) 23 19 46 38 Change in net actuarial gains and losses, net of tax of $0 and $0 in 2026 (($1) and $2 in 2025) 2 (2) 2 8 Immediate recognition of prior service cost and unrecognized gains and losses due to curtailments, settlements and divestitures, net of tax of $0 and $0 in 2026 ($0 and $0 in 2025) — — — 2 Other Comprehensive Income (Loss) 34 8 50 68 Comprehensive Income (Loss) (173) 289 (403) 467 Less: Comprehensive Income (Loss) Attributable to Minority Shareholders (4) 32 (4) 38 Goodyear Comprehensive Income (Loss) $ (169) $ 257 $ (399) $ 429 The accompanying notes are an integral part of these consolidated financial statements. 2 Table of Contents THE GOODYEAR TIRE & RUBBER COMPANY AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (Unaudited) (In millions, except share data) June 30, 2026 December 31, 2025 Assets: Current Assets: Cash and Cash Equivalents $ 861 $ 801 Accounts Receivable, less Allowance — $84 ($89 in 2025) 2,728 2,341 Inventories: Raw Materials 633 616 Work in Process 193 195 Finished Products 3,090 2,761 3,916 3,572 Assets Held for Sale (Note 1) — 58 Prepaid Expenses and Other Current Assets 407 446 Total Current Assets 7,912 7,218 Goodwill 44 42 Intangible Assets 651 663 Deferred Income Taxes (Note 5) 352 348 Other Assets 1,121 1,096 Operating Lease Right-of-Use Assets 972 998 Property, Plant and Equipment, less Accumulated Depreciation — $12,400 ($12,390 in 2025) 7,598 7,843 Total Assets $ 18,650 $ 18,208 Liabilities: Current Liabilities: Accounts Payable — Trade $ 3,878 $ 3,879 Compensation and Benefits (Notes 10 and 11) 575 578 Other Current Liabilities 1,215 1,259 Notes Payable and Overdrafts (Note 8) 359 506 Operating Lease Liabilities due Within One Year 191 196 Long Term Debt and Finance Leases due Within One Year (Note 8) 1,059 364 Total Current Liabilities 7,277 6,782 Operating Lease Liabilities 832 862 Long Term Debt and Finance Leases (Note 8) 5,772 5,328 Compensation and Benefits (Notes 10 and 11) 765 787 Deferred Income Taxes (Note 5) 102 105 Other Long Term Liabilities 901 941 Total Liabilities 15,649 14,805 Commitments and Contingent Liabilities (Note 12) Shareholders’ Equity: Goodyear Shareholders’ Equity: Common Stock, no par value: Authorized, 450 million shares, Outstanding shares — 288 million in 2026 (286 million in 2025) 288 286 Capital Surplus 3,178 3,175 Retained Earnings 2,907 3,360 Accumulated Other Comprehensive Loss (Note 14) (3,534) (3,588) Goodyear Shareholders’ Equity 2,839 3,233 Minority Shareholders’ Equity — Nonredeemable 162 170 Total Shareholders’ Equity 3,001 3,403 Total Liabilities and Shareholders’ Equity $ 18,650 $ 18,208 The accompanying notes are an integral part of these consolidated financial statements. 3 Table of Contents THE GOODYEAR TIRE & RUBBER COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (Unaudited) Common Stock Capital Surplus Retained Earnings Accumulated Other Comprehensive Loss Goodyear Shareholders' Equity Minority Shareholders' Equity — Non- Redeemable Total Shareholders' Equity (In millions, except share data) Shares Amount Balance at December 31, 2025 (after deducting 38,040,862 common treasury shares) 286,247,045 $ 286 $ 3,175 $ 3,360 $ (3,588) $ 3,233 $ 170 $ 3,403 Net income (loss) (249) (249) 3 (246) Other comprehensive income (loss) 19 19 (3) 16 Total Comprehensive Income (Loss) (230) — (230) Stock-based compensation plans 8 8 8 Common stock issued from treasury 1,125,762 1 (8) (7) (7) Balance at March 31, 2026 (after deducting 36,915,100 common treasury shares) 287,372,807 $ 287 $ 3,175 $ 3,111 $ (3,569) $ 3,004 $ 170 $ 3,174 Net income (loss) (204) (204) (3) (207) Other comprehensive income (loss) 35 35 (1) 34 Total Comprehensive Income (Loss) (169) (4) (173) Stock-based compensation plans 4 4 4 Dividends declared (4) (4) Common stock issued from treasury 285,377 1 (1) — Balance at June 30, 2026 (after deducting 36,629,723 common treasury shares) 287,658,184 $ 288 $ 3,178 $ 2,907 $ (3,534) $ 2,839 $ 162 $ 3,001 There were no dividends declared or paid during the three and six months ended June 30, 2026. The accompanying notes are an integral part of these consolidated financial statements. 4 Table of Contents THE GOODYEAR TIRE & RUBBER COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (Unaudited) Common Stock Capital Surplus Retained Earnings Accumulated Other Comprehensive Loss Goodyear Shareholders' Equity Minority Shareholders' Equity — Non- Redeemable Total Shareholders' Equity (In millions, except share data) Shares Amount Balance at December 31, 2024 (after deducting 39,313,644 common treasury shares) 284,974,263 $ 285 $ 3,159 $ 5,081 $ (3,844) $ 4,681 $ 142 $ 4,823 Net income (loss) 115 115 3 118 Other comprehensive income (loss) 57 57 3 60 Total Comprehensive Income (Loss) 172 6 178 Stock-based compensation plans 6 6 6 Common stock issued from treasury 674,461 1 (5) (4) (4) Balance at March 31, 2025 (after deducting 38,639,183 common treasury shares) 285,648,724 $ 286 $ 3,160 $ 5,196 $ (3,787) $ 4,855 $ 148 $ 5,003 Net income (loss) 254 254 27 281 Other comprehensive income (loss) 3 3 5 8 Total Comprehensive Income (Loss) 257 32 289 Stock-based compensation plans 5 5 5 Dividends declared (2) (2) Common stock issued from treasury 365,245 (1) (1) (1) Balance at June 30, 2025 (after deducting 38,273,938 common treasury shares) 286,013,969 $ 286 $ 3,164 $ 5,450 $ (3,784) $ 5,116 $ 178 $ 5,294 There were no dividends declared or paid during the three and six months ended June 30, 2025. The accompanying notes are an integral part of these consolidated financial statements. 5 Table of Contents THE GOODYEAR TIRE & RUBBER COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) Six Months Ended June 30, (In millions) 2026 2025 Cash Flows from Operating Activities: Net Income (Loss) $ (453) $ 399 Adjustments to Reconcile Net Income (Loss) to Cash Flows from Operating Activities: Depreciation and Amortization 474 544 Amortization and Write-Off of Debt Issuance Costs 6 10 Provision for Deferred Income Taxes (Note 5) (8) (55) Net Pension Curtailments and Settlements — 4 Net Rationalization Charges (Note 3) 133 140 Rationalization Payments (123) (204) Net (Gain) Loss on Asset Sales (20) (701) Operating Lease Expense 150 159 Operating Lease Payments (137) (141) Pension Contributions and Direct Payments (22) (53) Changes in Operating Assets and Liabilities, Net of Asset Acquisitions and Dispositions: Accounts Receivable (340) (498) Inventories (340) (512) Accounts Payable — Trade 60 (59) Compensation and Benefits 39 2 Other Current Liabilities (21) 312 Other Assets and Liabilities (18) (65) Total Cash Flows from Operating Activities (620) (718) Cash Flows from Investing Activities: Capital Expenditures (342) (466) Asset Dispositions 3 1,328 Other Transactions — (25) Total Cash Flows from Investing Activities (339) 837 Cash Flows from Financing Activities: Short Term Debt and Overdrafts Incurred 362 557 Short Term Debt and Overdrafts Paid (506) (632) Long Term Debt Incurred 5,803 8,888 Long Term Debt Paid (4,630) (8,925) Other Transactions (9) 5 Total Cash Flows from Financing Activities 1,020 (107) Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash (6) 26 Net Change in Cash, Cash Equivalents and Restricted Cash 55 38 Cash, Cash Equivalents and Restricted Cash at Beginning of the Period 910 864 Cash, Cash Equivalents and Restricted Cash at End of the Period $ 965 $ 902 The accompanying notes are an integral part of these consolidated financial statements. 6 Table of Contents THE GOODYEAR TIRE & RUBBER COMPANY AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) NOTE 1. ACCOUNTING POLICIES Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared by The Goodyear Tire & Rubber Company (the “Company,” “Goodyear,” “we,” “us” or “our”) in accordance with Securities and Exchange Commission (“SEC”) rules and regulations and generally accepted accounting principles in the United States of America ("U.S. GAAP") and in the opinion of management contain all adjustments (including normal recurring adjustments) necessary to fairly state the financial position, results of operations and cash flows for the periods presented. The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. These interim consolidated financial statements should be read in conjunction with the consolidated financial statements and related notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2025 (the “2025 Form 10-K”). Operating results for the three and six months ended June 30, 2026 are not necessarily indicative of the results expected in subsequent quarters or for the year ending December 31, 2026. Recently Issued Accounting Standards On November 4, 2024, the Financial Accounting Standards Board ("FASB") issued a final Accounting Standards Update ("ASU") to require disaggregated disclosure of income statement expenses. This new standard requires certain expense categories, including selling expenses, to be disaggregated in the notes to the consolidated financial statements. The standards update is effective for fiscal years beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027. We are currently assessing the impact of this standards update on our disclosures in the notes to the consolidated financial statements. On September 18, 2025, the FASB issued a final ASU to modernize the accounting for internal-use software. This update replaces the previous stage-based capitalization model with a principles-based approach, allowing capitalization of software development costs once management has authorized and committed funding and it is probable the project will be completed and perform its intended function. The ASU also consolidates guidance for website development under the internal-use software framework and expands applicability to cloud-based and agile development methods. The standards update is effective for fiscal years beginning after December 15, 2026, with early adoption permitted. We are currently assessing the impact of this standards update on our accounting policies and disclosures. Goodwill and Intangible Assets Goodwill and indefinite-lived intangible assets are tested for impairment annually or more frequently if an indicator of impairment is present. Intangible assets with finite lives are amortized over their useful lives and are reviewed for impairment whenever events or circumstances warrant such review. Goodwill and intangible assets are written down to fair value if considered impaired. Goodwill and Intangible Assets totaled $44 million and $651 million, respectively, at June 30, 2026, compared to $42 million and $663 million, respectively, at December 31, 2025. All goodwill was associated with the reporting unit in our Asia Pacific segment at June 30, 2026 and December 31, 2025. In the second quarter of 2026, we experienced continued volume declines, primarily in Americas and Europe, Middle East and Africa (“EMEA”). We viewed this event as a triggering event and performed a quantitative analysis of the fair value of $425 million of our indefinite-lived intangible assets related to the acquisition of Cooper Tire as of June 30, 2026. Based on the results of the quantitative impairment assessments, the fair value of the indefinite-lived intangible assets approximated their respective carrying values. We determined the fair value of the indefinite-lived intangible assets using the relief-from-royalty method, which calculates the cost savings associated with owning rather than licensing the assets. The most critical assumptions used in the calculation of the fair value are projected revenue, discount rate and royalty rate. The fair value of the indefinite-lived intangible assets is sensitive to differences between estimated and actual revenue, including changes in the discount rate and royalty rate used to evaluate the fair value of these assets. Although we believe our estimate of fair value is reasonable, the performance of these indefinite-lived intangible assets is dependent on our ability to execute our business plan. If our future financial performance falls below our expectations or there are adverse revisions to significant assumptions, including projected revenues, discount rates or royalty rates, this could be indicative that the fair values of these indefinite-lived intangible assets have declined below their carrying values, and therefore we may need to record a material, non-cash impairment charge in a future period. At June 30, 2026, after evaluating macroeconomic conditions and our current and future results of operations, we concluded that there were no triggering events and it was not more likely than not that the fair value of goodwill of our reporting unit within our Asia Pacific segment was less than its respective carrying value and, therefore, did not have any impairment. 7 Table of Contents Tariff Refunds The International Emergency Economic Powers Act ("IEEPA") was used by President Trump to impose tariffs on imports. On December 10, 2025, we filed a lawsuit in the U.S. Court of International Trade challenging the IEPPA tariffs. On February 20, 2026, the U.S. Supreme Court ruled that IEEPA does not authorize the President to impose tariffs. The Court of International Trade has ordered U.S. Customs and Border Protection ("CBP") to begin refunding tariffs imposed under IEEPA. On April 20, 2026, we submitted our claim for a refund of the IEEPA tariffs through the CBP portal established to process such claims. We applied the loss recovery model and determined that the receipt of the refund of the previously paid IEEPA tariffs is probable. In the first quarter of 2026, we estimated the amount of the probable refund to be $60 million, of which $46 million was recognized as a reduction to cost of goods sold, $12 million was applied as a reduction to tariffs that remained in inventory, and $2 million was accrued as an other liability associated with contractual terms. We received IEEPA tariff refunds of $42 million in the second quarter of 2026. Principles of Consolidation The consolidated financial statements include the accounts of all legal entities in which we hold a controlling financial interest. A controlling financial interest generally arises from our ownership of a majority of the voting shares of our subsidiaries. We would also hold a controlling financial interest in variable interest entities if we are considered to be the primary beneficiary. Investments in companies in which we do not own a majority interest and we have the ability to exercise significant influence over operating and financial policies are accounted for using the equity method. Investments in other companies are primarily carried at cost. All intercompany balances and transactions have been eliminated in consolidation. Restricted Cash The following table provides a reconciliation of Cash, Cash Equivalents and Restricted Cash as reported within the Consolidated Statements of Cash Flows: June 30, (In millions) 2026 2025 Cash and Cash Equivalents $ 861 $ 785 Restricted Cash 104 117 Total Cash, Cash Equivalents and Restricted Cash $ 965 $ 902 Restricted Cash primarily represents amounts required to be set aside for accounts receivable factoring programs. The restrictions lapse when cash from factored accounts receivable is remitted to the purchaser of those receivables. Restricted cash also includes amounts collected in connection with ongoing agreements related to the sale of our off-the-road ("OTR") tire business. At both June 30, 2026 and 2025, restricted cash was recorded in Prepaid Expenses and Other Current Assets in the Consolidated Balance Sheets. Reclassifications and Adjustments Certain items previously reported in specific financial statement captions have been reclassified to conform to the current presentation. 8 Table of Contents NOTE 2. NET SALES The following tables show disaggregated net sales from contracts with customers by major source: Three Months Ended June 30, 2026 (In millions) Americas Europe, Middle East and Africa Asia Pacific Total Tire unit sales $ 1,979 $ 1,126 $ 471 $ 3,576 Other tire and related sales 206 202 24 432 Retail services and service related sales 191 44 — 235 Chemical sales 4 — — 4 Other 2 — 1 3 Net Sales by reportable segment $ 2,382 $ 1,372 $ 496 $ 4,250 Three Months Ended June 30, 2025 (In millions) Americas Europe, Middle East and Africa Asia Pacific Total Tire unit sales $ 2,132 $ 1,120 $ 434 $ 3,686 Other tire and related sales 199 181 25 405 Retail services and service related sales 196 43 — 239 Chemical sales 126 — — 126 Other 9 — — 9 Net Sales by reportable segment $ 2,662 $ 1,344 $ 459 $ 4,465 Six Months Ended June 30, 2026 (In millions) Americas Europe, Middle East and Africa Asia Pacific Total Tire unit sales $ 3,676 $ 2,290 $ 904 $ 6,870 Other tire and related sales 387 362 45 794 Retail services and service related sales 366 83 — 449 Chemical sales 11 — — 11 Other 5 — 2 7 Net Sales by reportable segment $ 4,445 $ 2,735 $ 951 $ 8,131 Six Months Ended June 30, 2025 (In millions) Americas Europe, Middle East and Africa Asia Pacific Total Tire unit sales $ 4,140 $ 2,236 $ 885 $ 7,261 Other tire and related sales 374 305 46 725 Retail services and service related sales 377 80 — 457 Chemical sales 259 — — 259 Other 14 — 2 16 Net Sales by reportable segment $ 5,164 $ 2,621 $ 933 $ 8,718 Tire unit sales consist of consumer, commercial, farm and OTR tire sales, including the sale of new Company-branded tires through Company-owned retail channels. OTR tire sales primarily consist of tires sold to The Yokohama Rubber Company, Limited (“Yokohama”), pursuant to the product supply agreement related to the sale of our OTR tire business. Other tire and related sales consist of aviation, race and motorcycle tire sales, retread sales and other tire related sales. Sales of tires in this category are not included in reported tire unit information. Retail services and service related sales consist of automotive services performed for customers through our Company-owned retail channels, and includes service related products. Chemical sales relate to the sale of synthetic rubber and other chemicals to third parties, and exclude intercompany sales. Other sales include items such as franchise fees and ancillary tire parts. 9 Table of Contents When we receive consideration from a customer prior to transferring goods or services under the terms of a sales contract, we record deferred revenue, which represents a contract liability. Deferred revenue included in Other Current Liabilities in the Consolidated Balance Sheets totaled $33 million and $34 million at June 30, 2026 and December 31, 2025, respectively. Deferred revenue included in Other Long Term Liabilities in the Consolidated Balance Sheets totaled $64 million and $76 million at June 30, 2026 and December 31, 2025, respectively. We recognize deferred revenue after we have transferred control of the goods or services to the customer and all revenue recognition criteria are met. Revenue deferred at June 30, 2026 primarily relates to the product supply agreement we entered into with Yokohama in connection with the sale of our OTR tire business. The following table presents the balance of deferred revenue related to contracts with customers, and changes during the six months ended June 30, 2026: (In millions) Balance at December 31, 2025 $ 110 Revenue deferred during period 79 Revenue recognized during period (92) Impact of foreign currency translation — Balance at June 30, 2026 $ 97 NOTE 3. COSTS ASSOCIATED WITH RATIONALIZATION PROGRAMS In order to improve our global competitiveness, we have implemented, and are implementing, rationalization actions to reduce high-cost and excess manufacturing capacity and operating and administrative costs. The following table presents a roll-forward of the liability balance between periods: (In millions) Associate- Related Costs Other Costs Total Balance at December 31, 2025 $ 194 $ 1 $ 195 2026 Charges 105 36 141 Incurred, net of foreign currency translation of ($4) million and $0 million, respectively (92) (35) (127) Reversed to the Statement of Operations (8) — (8) Balance at June 30, 2026 $ 199 $ 2 $ 201 During the second quarter of 2026, we approved a plan to reduce headcount globally. The plan includes approximately 200 net headcount reductions. Total pre-tax charges of $19 million were recorded in the second quarter of 2026, primarily for associate-related and other exit costs. During the first quarter of 2026, we approved a rationalization plan in EMEA to improve its cost structure as part of actions we expect to take in order to streamline its sales and distribution model and simplify business processes. The plan includes approximately 400 net headcount reductions. In certain countries, relevant portions of the rationalization plan remain subject to consultation with employee representative bodies. Total pre-tax charges are expected to be primarily cash charges between $100 million and $110 million, of which $75 million to $85 million are for associate-related and other exit costs. We expect these actions to be substantially complete in 2028. We have accrued approximately $69 million for this plan at June 30, 2026. During the first quarter of 2026, we approved a plan to reduce Selling, Administrative and General Expense ("SAG") headcount globally. The plan includes approximately 100 net headcount reductions. The total pre-tax charges associated with these actions are expected to be approximately $10 million, primarily for associate-related and other exit costs. We have accrued approximately $6 million for this plan at June 30, 2026. During the first quarter of 2026, we approved a plan in Americas to consolidate mold operations and close the Tall Timbers mold plant in Findlay, Ohio ("Tall Timbers"). The plan includes approximately 100 net headcount reductions. The total pre-tax charges associated with these actions are expected to be approximately $13 million, primarily for associate-related and other exit costs. We have accrued approximately $2 million for this plan at June 30, 2026. The remainder of the accrual balance at June 30, 2026 includes $61 million related to the closures of our Fulda, Germany ("Fulda") and our Fürstenwalde, Germany ("Fürstenwalde") tire manufacturing facilities, $13 million related to a rationalization and workforce reorganization plan in EMEA, $8 million for the plan to eliminate commercial tire production at our Danville, Virginia ("Danville") tire manufacturing facility, $7 million related to the plan to reduce headcount in our Fayetteville, North Carolina ("Fayetteville") tire manufacturing facility, $5 million related to the closed Amiens, France tire 10 Table of Contents manufacturing facility, $4 million related to a global workforce reorganization plan to improve our cost structure, and $1 million related to the closure of our Kariega, South Africa ("Kariega") tire manufacturing facility. At June 30, 2026 and December 31, 2025, $134 million and $131 million were recorded in Other Current Liabilities in the Consolidated Balance Sheets, respectively. The following table shows net rationalization charges included in Income (Loss) before Income Taxes: Three Months Ended June 30, Six Months Ended June 30, (In millions) 2026 2025 2026 2025 Current Year Plans Associate Severance and Other Related Costs $ 19 $ 32 $ 103 $ 89 Benefit Plan Curtailments/Settlements/Termination Benefits — — — 4 Other Exit Costs 1 2 2 6 Current Year Plans - Net Charges $ 20 $ 34 $ 105 $ 99 Prior Year Plans Associate Severance and Other Related Costs $ (4) $ 10 $ (6) $ 13 Other Exit Costs 13 15 34 28 Prior Year Plans - Net Charges $ 9 $ 25 $ 28 $ 41 Total Net Charges $ 29 $ 59 $ 133 $ 140 Asset write-offs (recoveries), accelerated depreciation, and accelerated lease costs, net $ — $ 41 $ 16 $ 87 Substantially all of the new charges for the three and six months ended June 30, 2026 and 2025 relate to future cash outflows. Net current year plan charges for the three and six months ended June 30, 2026 primarily relate to plans approved during the first and second quarters of 2026 described above. Net current year plan charges for the three months ended June 30, 2025 primarily relate to the elimination of commercial tire production at Danville and the closure of our manufacturing facility in Kariega. Net current year plan charges for the six months ended June 30, 2025 also include a $4 million termination benefits charge for one of our defined benefit pension plans related to headcount reductions at Danville. Net prior year plan charges for both the three and six months ended June 30, 2026 and 2025 primarily relate to the closures of Fulda and Fürstenwalde. Asset write-offs (recoveries), accelerated depreciation, and accelerated lease costs for the six months ended June 30, 2026 primarily relate to the announced closures of the Tall Timbers mold plant as well as Fulda and Fürstenwalde. Asset write-offs (recoveries), accelerated depreciation, and accelerated lease costs for both the three and six months ended June 30, 2025 primarily relate to the closures of Fulda and Fürstenwalde, the elimination of commercial tire production at Danville, and the closure of Kariega. Ongoing rationalization plans had approximately $950 million in charges incurred prior to 2026 and have approximately $50 million in expected charges to be incurred in future periods. Approximately 800 associates will be released under plans initiated in 2026, of which approximately 250 were released through June 30, 2026. In the first six months of 2026, approximately 350 associates were released under plans initiated in prior years. Approximately 1,200 associates remain to be released under all ongoing rationalization plans. 11 Table of Contents NOTE 4. OTHER (INCOME) EXPENSE Three Months Ended June 30, Six Months Ended June 30, (In millions) 2026 2025 2026 2025 Non-service related pension and other postretirement benefits $ 19 $ 23 $ 38 $ 49 Financing fees and financial instruments expense 14 16 28 31 Net foreign currency exchange (gains) losses 7 10 — 6 Interest (income) (11) (8) (17) (18) General and product liability expense - discontinued products 7 1 8 3 Royalty and other (income) (19) (15) (40) (26) Miscellaneous (income) expense 5 4 14 11 $ 22 $ 31 $ 31 $ 56 Non-service related pension and other postretirement benefits cost consists primarily of the interest cost, expected return on plan assets and amortization components of net periodic cost, as well as curtailments and settlements which are not related to rationalization plans. Pension expense for the six months ended June 30, 2025 includes a pension settlement charge of $4 million resulting from total lump sum payments exceeding annual service and interest cost of the applicable plan. For further information, refer to Note to the Consolidated Financial Statements No. 10, Pension, Savings and Other Postretirement Benefit Plans. Royalty and other income for the three and six months ended June 30, 2026 includes $14 million and $29 million, respectively, related to royalty income from the OTR license agreement and transition services income related to the sales of the OTR tire business, the Dunlop brand and the chemical business. Royalty and other income for the three and six months ended June 30, 2025 includes $7 million and $12 million, respectively, related to royalty income from the OTR license agreement and transition services income related to the sales of the OTR tire business and the Dunlop brand. Other (Income) Expense also includes financing fees and financial instruments expense, which consists of commitment fees and charges incurred in connection with financing transactions; net foreign currency exchange (gains) losses, primarily related to the euro and Turkish lira; interest (income); and general and product liability expense - discontinued products, which consists of charges for claims against us related primarily to asbestos personal injury claims, net of probable insurance recoveries; and miscellaneous (income) expense. NOTE 5. INCOME TAXES For the second quarter of 2026, we recorded income tax expense of $46 million on loss before income taxes of $161 million. For the first six months of 2026, we recorded income tax expense of $112 million on loss before income taxes of $341 million. Income tax expense for the three and six months ended June 30, 2026 includes net discrete tax expense of $5 million and $25 million, respectively, and is primarily related to an expected settlement of a prior year tax matter in one of our foreign locations. For the second quarter of 2025, we recorded income tax expense of $24 million on income before income taxes of $305 million. For the first six months of 2025, we recorded income tax expense of $37 million on income before income taxes of $436 million. Income tax expense for the three and six months ended June 30, 2025 includes net discrete tax benefits of $4 million and $5 million, respectively. We record taxes based on overall estimated annual effective tax rates. The difference between our effective tax rate and the U.S. statutory rate of 21% for the three and six months ended June 30, 2026 primarily relates to losses in the U.S. and foreign jurisdictions in which no tax benefits are recorded and the discrete items noted above. The difference between our effective tax rate and the U.S. statutory rate of 21% for the three and six months ended June 30, 2025 was favorably impacted by gains recognized as a result of the sales of the OTR tire business and the Dunlop brand, which included certain associated intellectual property and other intangible assets, in jurisdictions where no taxes are recorded, net of losses in foreign jurisdictions in which no tax benefits are recorded, and the discrete items noted above. We consider both positive and negative evidence when measuring the need for a valuation allowance. The weight given to the evidence is commensurate with the extent to which it may be objectively verified. Current and cumulative financial reporting results are a source of objectively verifiable information. We give operating results during the most recent three-year period a significant weight in our analysis. We perform scheduling exercises to determine if sufficient taxable income of the appropriate character exists in the periods required in order to realize our deferred tax assets with limited lives (such as tax loss carryforwards and tax credits) prior to their expiration. We also consider prudent tax planning strategies (including an assessment of their feasibility) to accelerate taxable income if required to utilize expiring deferred tax assets. A valuation 12 Table of Contents allowance is not required to the extent that, in our judgment, positive evidence exists with a magnitude and duration sufficient to result in a conclusion that it is more likely than not that our deferred tax assets will be realized. At June 30, 2026 and December 31, 2025, we had approximately $1.6 billion and $1.4 billion, respectively, of U.S. federal, state and local net deferred tax assets and related valuation allowances totaling $1.6 billion and $1.4 billion, respectively. At June 30, 2026 and December 31, 2025, we also had foreign net deferred tax assets of approximately $1.6 billion and $1.5 billion, respectively, and related valuation allowances of approximately $1.3 billion. Our foreign valuation allowances include a $1.1 billion full valuation allowance on our net deferred tax assets in Luxembourg. Our losses in the U.S. and various foreign taxing jurisdictions in recent periods represented sufficient negative evidence to require us to maintain a full valuation allowance against certain of these net deferred tax assets. Each reporting period, we assess available positive and negative evidence and estimate if sufficient future taxable income will be generated to utilize these existing deferred tax assets. We do not believe that sufficient positive evidence required to release valuation allowances on our U.S. and foreign deferred tax assets will exist within the next twelve months. The Organisation for Economic Co-operation and Development ("OECD") have published the Pillar Two model rules which adopt a global corporate minimum tax of 15% for multinational enterprises with average revenue in excess of €750 million. Certain jurisdictions in which we operate enacted legislation consistent with one or more of the OECD Pillar Two model rules effective in 2024. The model rules include minimum domestic top-up taxes, income inclusion rules, and undertaxed profit rules all aimed to ensure that multinational corporations pay a minimum effective corporate tax rate of 15% in each jurisdiction in which they operate. We do not expect the Pillar Two model rules to materially impact our annual effective tax rate in 2026. However, we are continuing to evaluate the Pillar Two model rules and related developments, including the side-by-side safe harbor package for U.S.-based multinationals, and their potential impact on future periods. We are open to examination in the United States from 2021 onward and in Germany from 2019 onward. Generally, for our remaining tax jurisdictions, years from 2021 onward are still open to examination. Following an audit by the Internal Revenue Service ("IRS"), we received a Notice of Proposed Adjustment ("NOPA") during the second quarter of 2025 related to an intercompany sale of certain intellectual property in 2021. The IRS proposed to disallow income recognition totaling $1.5 billion associated with this transaction. The federal tax charge related to that income recognition was fully offset by the utilization of $315 million of then-existing deferred tax assets, including tax loss carryforwards and foreign tax credits. We challenged the proposed adjustment through the established IRS administrative procedures and engaged in settlement discussions with the IRS. On July 29, 2026, we entered into a closing agreement with the IRS resolving all federal income tax consequences related to the 2021 transaction (the "IRS settlement"). As a result of the IRS settlement, in the third quarter of 2026 we expect to write-off approximately $45 million of our deferred tax assets that were previously utilized to offset the related federal and state taxes. However, since our U.S. deferred tax assets are in a full valuation allowance, the write-off of those deferred tax assets will not have a material impact on our operating results or cash flow. NOTE 6. EARNINGS PER SHARE Basic earnings per share are computed based on the weighted average number of common shares outstanding. Diluted earnings per share are calculated to reflect the potential dilution that could occur if securities or other contracts were exercised or converted into common stock. Basic and diluted earnings per common share are calculated as follows: Three Months Ended June 30, Six Months Ended June 30, (In millions, except per share amounts) 2026 2025 2026 2025 Earnings (loss) per share — basic: Goodyear net income (loss) $ (204) $ 254 $ (453) $ 369 Weighted average shares outstanding 289 287 289 287 Earnings (loss) per common share — basic $ (0.71) $ 0.88 $ (1.57) $ 1.28 Earnings (loss) per share — diluted: Goodyear net income (loss) $ (204) $ 254 $ (453) $ 369 Weighted average shares outstanding 289 287 289 287 Dilutive effect of stock options and other dilutive securities — 3 — 3 Weighted average shares outstanding — diluted 289 290 289 290 Earnings (loss) per common share — diluted $ (0.71) $ 0.87 $ (1.57) $ 1.27 13 Table of Contents Weighted average shares outstanding — diluted for both the three and six months ended June 30, 2026 excludes approximately 2 million equivalent shares, and, for both the three and six months ended June 30, 2025, excludes approximately 1 million equivalent shares and 3 million equivalent shares, respectively, related to options with exercise prices greater than the average market price of our common shares (i.e., "underwater" options). Additionally, weighted average shares outstanding — diluted for both the three and six months ended June 30, 2026 excludes the dilutive effect of approximately 1 million equivalent shares, related primarily to options with exercise prices less than the average market price of our common shares (i.e., "in-the-money" options) and unvested restricted stock units, as their inclusion would have been anti-dilutive due to the Goodyear net loss. NOTE 7. BUSINESS SEGMENTS Segment information reflects our strategic business units (“SBUs”), which are organized to meet customer requirements and global competition. For the three and six months ended June 30, 2026, we operated our business through operating segments representing our regional tire businesses: Americas; Europe, Middle East and Africa; and Asia Pacific. Segment information is reported on the basis used for reporting to our Chief Executive Officer. Each of the SBUs is involved in the development, manufacture, distribution and sale of tires. Certain of the SBUs also provide related products and services, which include retreads and automotive and commercial truck maintenance and repair services. Results of operations are measured based on net sales to unaffiliated customers and segment operating income. Each segment exports tires to other segments. The financial results of each segment exclude sales of tires exported to other segments, but include operating income derived from such transactions. Segment operating income is computed as follows: Net sales less Cost of Goods Sold ("CGS") (excluding asset write-offs and accelerated depreciation charges) and SAG (including certain allocated corporate administrative expenses). Segment operating income also includes certain royalties and equity in earnings of most affiliates. Segment operating income does not include net rationalization charges, asset sales, goodwill and other asset impairment charges, and certain other items. The chief operating decision maker ("CODM") is the Chief Executive Officer. The CODM uses segment operating income to allocate resources (including employees, property, and financial or capital resources) for each segment predominantly in the annual budget and forecasting process. The CODM considers budget-to-actual variances on a monthly basis for the profit measure when making decisions about allocating capital and personnel to the segments. The CODM also uses segment operating income for evaluating product pricing and to assess the performance for each segment by comparing the results and return on assets of each segment with one another. The following tables present segment sales, significant segment expenses and segment operating income (loss), and the reconciliation of segment operating income (loss) to Income (Loss) before Income Taxes: Three Months Ended June 30, 2026 (In millions) Americas Europe, Middle East and Africa Asia Pacific Total Net Sales $ 2,382 $ 1,372 $ 496 $ 4,250 Less: Cost of Goods Sold 2,035 1,157 369 3,561 Selling, Administrative and General Expense 367 239 66 672 Other (income) expense(1) (10) (7) (2) (19) Segment Operating Income (Loss) $ (10) $ (17) $ 63 $ 36 Less: Rationalizations (Note 3) 29 Interest expense 105 Other (income) expense (Note 4) 22 Net (gains) losses on asset sales (17) Corporate incentive compensation plans 8 Retained expenses of divested operations 3 Other(2) 47 Income (Loss) before Income Taxes $ (161) (1)Primarily represents OTR license agreement royalty income, in addition to transition services income related to the sales of the OTR tire business, the Dunlop brand and the chemical business. (2)Primarily represents unallocated corporate costs and the elimination of royalty and other income attributable to the SBUs. 14 Table of Contents Three Months Ended June 30, 2025 (In millions) Americas Europe, Middle East and Africa Asia Pacific Total Net Sales $ 2,662 $ 1,344 $ 459 $ 4,465 Less: Cost of Goods Sold 2,166 1,153 350 3,669 Selling, Administrative and General Expense 362 221 69 652 Other (income) expense(1) (7) (5) (3) (15) Segment Operating Income (Loss) $ 141 $ (25) $ 43 $ 159 Less: Rationalizations (Note 3) 59 Interest expense 112 Other (income) expense (Note 4) 31 Net (gains) losses on asset sales (439) Asset write-offs, accelerated depreciation and accelerated lease costs, net (Note 3) 41 Corporate incentive compensation plans 20 Retained expenses of divested operations 1 Other(2) 29 Income (Loss) before Income Taxes $ 305 (1)Primarily represents OTR transition license agreement royalty income, in addition to transition services income related to the sales of the OTR tire business and the Dunlop brand. (2)Primarily represents unallocated corporate costs and the elimination of royalty and other income attributable to the SBUs. 15 Table of Contents Six Months Ended June 30, 2026 (In millions) Americas Europe, Middle East and Africa Asia Pacific Total Net Sales $ 4,445 $ 2,735 $ 951 $ 8,131 Less: Cost of Goods Sold 3,727 2,306 707 6,740 Selling, Administrative and General Expense 710 460 128 1,298 Other (income) expense(1) (19) (15) (4) (38) Segment Operating Income (Loss) $ 27 $ (16) $ 120 $ 131 Less: Rationalizations (Note 3) 133 Interest expense 200 Other (income) expense (Note 4) 31 Net (gains) losses on asset sales (20) Asset write-offs, accelerated depreciation and accelerated lease costs, net (Note 3) 16 Corporate incentive compensation plans 31 Retained expenses of divested operations 6 Other(2) 75 Income (Loss) before Income Taxes $ (341) (1)Primarily represents OTR license agreement royalty income, in addition to transition services income related to the sales of the OTR tire business, the Dunlop brand and the chemical business. (2)Primarily represents unallocated corporate costs and the elimination of royalty and other income attributable to the SBUs. Six Months Ended June 30, 2025 (In millions) Americas Europe, Middle East and Africa Asia Pacific Total Net Sales $ 5,164 $ 2,621 $ 933 $ 8,718 Less: Cost of Goods Sold 4,189 2,235 718 7,142 Selling, Administrative and General Expense 693 424 131 1,248 Other (income) expense(1) (14) (8) (4) (26) Segment Operating Income (Loss) $ 296 $ (30) $ 88 $ 354 Less: Rationalizations (Note 3) 140 Interest expense 227 Other (income) expense (Note 4) 56 Net (gains) losses on asset sales (701) Asset write-offs, accelerated depreciation and accelerated lease costs, net (Note 3) 87 Corporate incentive compensation plans 36 Retained expenses of divested operations 3 Other(2) 70 Income (Loss) before Income Taxes $ 436 (1)Primarily represents OTR license agreement royalty income, in addition to transition services income related to the sales of the OTR tire business and the Dunlop brand. (2)Primarily represents unallocated corporate costs and the elimination of royalty income attributable to the SBUs. 16 Table of Contents The following table presents segment assets: (In millions) June 30, 2026 December 31, 2025 Assets Americas $ 10,586 $ 10,275 Europe, Middle East and Africa 4,899 4,878 Asia Pacific 2,182 2,166 Total Segment Assets $ 17,667 $ 17,319 Corporate 983 889 $ 18,650 $ 18,208 The following table presents geographic information. Net sales by country were determined based on the location of the selling subsidiary. Long-lived assets consist of property, plant and equipment. For net sales, only the United States and Luxembourg were considered to be significant. For long-lived assets, only the United States and China were considered to be significant. Three Months Ended June 30, Six Months Ended June 30, (In millions) 2026 2025 2026 2025 Net Sales United States $ 1,973 $ 2,234 $ 3,624 $ 4,286 Luxembourg 472 384 926 $ 695 Other international 1,805 1,847 3,581 3,737 $ 4,250 $ 4,465 $ 8,131 $ 8,718 (In millions) June 30, 2026 December 31, 2025 Long-Lived Assets United States $ 3,304 $ 3,435 China 629 645 Other international 3,665 3,763 $ 7,598 $ 7,843 Rationalizations, as described in Note to the Consolidated Financial Statements No. 3, Costs Associated with Rationalization Programs; net (gains) losses on asset sales, and asset write-offs, accelerated depreciation and accelerated lease costs were not charged (credited) to the SBUs for performance evaluation purposes but were attributable to the SBUs as follows: Three Months Ended June 30, Six Months Ended June 30, (In millions) 2026 2025 2026 2025 Rationalizations Americas $ 3 $ 10 $ 14 $ 72 Europe, Middle East and Africa 23 43 108 55 Asia Pacific 2 — 3 1 Total Segment Rationalizations $ 28 $ 53 $ 125 $ 128 Corporate 1 6 8 12 $ 29 $ 59 $ 133 $ 140 17 Table of Contents Three Months Ended June 30, Six Months Ended June 30, (In millions) 2026 2025 2026 2025 Net (Gains) Losses on Asset Sales Americas $ (14) $ — $ (14) $ (1) Europe, Middle East and Africa (2) 1 (3) — Asia Pacific — (55) — (55) Total Segment (Gains) Losses on Asset Sales $ (16) $ (54) $ (17) $ (56) Corporate (1) (385) (3) (645) $ (17) $ (439) $ (20) $ (701) Three Months Ended June 30, Six Months Ended June 30, (In millions) 2026 2025 2026 2025 Asset Write-Offs, Accelerated Depreciation, and Accelerated Lease Costs, net Americas $ — $ 14 $ 7 $ 42 Europe, Middle East and Africa — 26 8 42 Asia Pacific — 1 1 3 Total Segment Asset Write-Offs, Accelerated Depreciation, and Accelerated Lease Costs, net $ — $ 41 $ 16 $ 87 The following tables present segment capital expenditures and depreciation and amortization: Three Months Ended June 30, Six Months Ended June 30, (In millions) 2026 2025 2026 2025 Capital Expenditures Americas $ 120 $ 151 $ 223 $ 327 Europe, Middle East and Africa 37 33 79 92 Asia Pacific 7 23 26 44 Total Segment Capital Expenditures $ 164 $ 207 $ 328 $ 463 Corporate 3 — 14 3 $ 167 $ 207 $ 342 $ 466 Three Months Ended June 30, Six Months Ended June 30, (In millions) 2026 2025 2026 2025 Depreciation and Amortization Americas $ 135 $ 153 $ 275 $ 316 Europe, Middle East and Africa 62 82 121 149 Asia Pacific 28 29 58 60 Total Segment Depreciation and Amortization $ 225 $ 264 $ 454 $ 525 Corporate 10 10 20 19 $ 235 $ 274 $ 474 $ 544 18 Table of Contents The following table presents segment equity in the net (income) loss of investees accounted for by the equity method: Three Months Ended June 30, Six Months Ended June 30, (In millions) 2026 2025 2026 2025 Equity in (Income) Loss Americas $ 13 $ 8 $ 29 $ 26 Europe, Middle East and Africa — (1) — (1) Asia Pacific (2) (4) (5) (7) Total Segment Equity in (Income) Loss $ 11 $ 3 $ 24 $ 18 NOTE 8. FINANCING ARRANGEMENTS AND DERIVATIVE FINANCIAL INSTRUMENTS At June 30, 2026, we had total credit arrangements of $10,992 million, of which $3,891 million were unused. At that date, approximately 17% of our debt was at variable interest rates averaging 6.62%. Notes Payable and Overdrafts, Long Term Debt and Finance Leases due Within One Year and Short Term Financing Arrangements At June 30, 2026, we had short term committed and uncommitted credit arrangements totaling $702 million, of which $326 million were unused. These arrangements are available primarily to certain of our foreign subsidiaries through various banks at quoted market interest rates. The following table presents amounts due within one year: (In millions) June 30, 2026 December 31, 2025 Chinese credit facilities $ 4 $ 42 Other foreign and domestic debt 355 464 Notes Payable and Overdrafts $ 359 $ 506 Weighted average interest rate 8.22 % 7.62 % 4.875% Notes due 2027 $ 700 $ — 7.625% Notes due 2027 119 — Chinese credit facilities 123 48 Mexican credit facility — 200 Other foreign and domestic debt (including finance leases) 117 116 Long Term Debt and Finance Leases due Within One Year $ 1,059 $ 364 Weighted average interest rate 4.84 % 5.07 % Total obligations due within one year $ 1,418 $ 870 Long Term Debt and Finance Leases and Financing Arrangements At June 30, 2026, we had long term credit arrangements totaling $10,290 million, of which $3,565 million were unused. 19 Table of Contents The following table presents long term debt and finance leases, net of unamortized discounts, and interest rates: June 30, 2026 December 31, 2025 (In millions) Amount Interest Rate Amount Interest Rate Notes: 4.875% due 2027 $ 700 $ 700 7.625% due 2027 119 121 7% due 2028 150 150 2.75% Euro Notes due 2028 456 470 5% due 2029 850 850 6.625% due 2030 500 500 5.25% due April 2031 550 550 5.25% due July 2031 600 600 8.875% due 2032 1,050 — 5.625% due 2033 450 450 Credit Facilities: First lien revolving credit facility due 2030 157 4.89 % — — European revolving credit facility due 2028 205 3.79 % — — Pan-European accounts receivable facility 244 4.14 % 292 3.86 % Mexican credit facility — — % 200 5.99 % Chinese credit facilities 159 2.36 % 150 1.69 % Other foreign and domestic debt(1) 421 8.31 % 424 8.32 % 6,611 5,457 Unamortized deferred financing fees (36) (26) 6,575 5,431 Finance lease obligations(2) 256 261 6,831 5,692 Less portion due within one year (1,059) (364) $ 5,772 $ 5,328 (1)Interest rates are weighted average interest rates primarily related to various foreign credit facilities with customary terms and conditions.(2)Includes $2 million non-cash financing additions during the six months ended June 30, 2026 and $2 million of non-cash financing additions during the twelve months ended December 31, 2025. NOTES At June 30, 2026, we had $5,425 million of outstanding notes, compared to $4,391 million at December 31, 2025. $1,050 million 8.875% Senior Notes due 2032 On June 4, 2026, we issued $1,050 million in aggregate principal amount of 8.875% senior notes due 2032. These notes were sold at 100% of the principal amount and will mature on July 15, 2032. These notes are unsecured senior obligations and are guaranteed by our U.S. and Canadian subsidiaries that also guarantee our obligations under our U.S. first lien revolving credit facility described below. We have the option to redeem these notes, in whole or in part, at any time on or after July 15, 2029 at a redemption price of 104.438%, 102.219% and 100% during the 12-month periods commencing on July 15, 2029, 2030 and 2031 and thereafter, respectively, plus accrued and unpaid interest to the redemption date. Prior to July 15, 2029, we may redeem these notes, in whole or in part, at a redemption price equal to 100% of the principal amount plus a make-whole premium and accrued and unpaid interest to the redemption date. In addition, prior to July 15, 2029, we may redeem up to 35% of the original aggregate principal amount of these notes from the net cash proceeds of certain equity offerings at a redemption price equal to 108.875% of the principal amount plus accrued and unpaid interest to the redemption date. 20 Table of Contents The terms of the indenture for these notes, among other things, limit our ability and the ability of certain of our subsidiaries to (i) incur certain liens, (ii) engage in sale and leaseback transactions, and (iii) consolidate, merge, sell or otherwise dispose of all or substantially all of our assets. These covenants are subject to significant exceptions and qualifications. CREDIT FACILITIES $2.75 billion Amended and Restated First Lien Revolving Credit Facility due 2030 Our amended and restated first lien revolving credit facility matures on May 19, 2030 and is available in the form of loans or letters of credit. Up to $800 million in letters of credit and $50 million of swingline loans are available for issuance under the facility. Subject to the consent of the lenders whose commitments are to be increased, we may request that the facility be increased by up to $250 million. Our obligations under the facility are guaranteed by most of our wholly-owned U.S. and Canadian subsidiaries. Our obligations under the facility and our subsidiaries' obligations under the related guarantees are secured by first priority security interests in a variety of collateral. Availability under the facility is subject to a borrowing base, which is based on (i) eligible accounts receivable and inventory of The Goodyear Tire & Rubber Company and certain of its U.S. and Canadian subsidiaries, (ii) the greater of 50% of the appraised value, if any, of our principal trademarks or $400 million, (iii) the value of eligible machinery and equipment, and (iv) certain cash in an amount not to exceed $275 million. To the extent that our eligible accounts receivable, inventory and other components of the borrowing base decline in value, our borrowing base will decrease and the availability under the facility may decrease below $2.75 billion. As of June 30, 2026, our borrowing base, and therefore our availability under this facility, was $354 million below the facility's stated amount of $2.75 billion. The facility has customary representations and warranties including, as a condition to borrowing, that all such representations and warranties are true and correct, in all material respects, on the date of the borrowing, including representations as to no material adverse change in our business or financial condition since December 31, 2024. The facility also has customary defaults, including a cross-default to material indebtedness of Goodyear and our subsidiaries. If Available Cash (as defined in the facility) plus the average quarterly availability under the facility is greater than 25% of the total commitments under the facility, amounts drawn under the facility will bear interest, at our option, at (i) 125 basis points over SOFR or (ii) 25 basis points over an alternate base rate (the higher of (a) the prime rate, (b) the federal funds effective rate or the overnight bank funding rate plus 50 basis points or (c) SOFR plus 100 basis points). If Available Cash plus the average quarterly availability under the facility is equal to or less than 25% of the total commitments under the facility, then amounts drawn under the facility will bear interest, at our option, at (i) 150 basis points over SOFR or (ii) 50 basis points over an alternate base rate. Based on our current liquidity, amounts drawn under this facility bear interest at SOFR plus 125 basis points. Undrawn amounts under the facility are subject to an annual commitment fee of 25 basis points. At June 30, 2026, we had $157 million of borrowings and $1 million of letters of credit issued under the revolving credit facility. At December 31, 2025, we had no borrowings and $1 million of letters of credit issued under the revolving credit facility. €800 million Amended and Restated Senior Secured European Revolving Credit Facility due 2028 The European revolving credit facility matures on January 14, 2028 and consists of (i) a €180 million German tranche that is available only to Goodyear Germany GmbH and (ii) a €620 million all-borrower tranche that is available to Goodyear Europe B.V. ("GEBV"), Goodyear Germany and Goodyear Operations S.A. Up to €175 million of swingline loans and €75 million in letters of credit are available for issuance under the all-borrower tranche. Subject to the consent of the lenders whose commitments are to be increased, we may request that the facility be increased by up to €200 million. Amounts drawn under this facility will bear interest at SOFR plus 150 basis points for loans denominated in U.S. dollars, EURIBOR plus 150 basis points for loans denominated in euros, and SONIA plus 150 basis points for loans denominated in pounds sterling. Undrawn amounts under the facility are subject to an annual commitment fee of 25 basis points. GEBV and certain of its subsidiaries in the United Kingdom, Luxembourg, France and Germany provide guarantees to support the facility. The German guarantors secure the German tranche on a first-lien basis and the all-borrower tranche on a second-lien basis. GEBV and its other subsidiaries that provide guarantees secure the all-borrower tranche on a first-lien basis and generally do not provide collateral support for the German tranche. The Company and its U.S. and Canadian subsidiaries that guarantee our U.S. first lien revolving credit facility described above also provide unsecured guarantees in support of the facility. The facility has customary representations and warranties including, as a condition to borrowing, that all such representations and warranties are true and correct, in all material respects, on the date of the borrowing, including representations as to no material adverse change in our business or financial condition since December 31, 2021. The facility also has customary defaults, including a cross-default to material indebtedness of Goodyear and our subsidiaries. 21 Table of Contents At June 30, 2026, there were $205 million (€180 million) of borrowings outstanding under the German tranche, no borrowings outstanding under the all-borrower tranche, and no letters of credit outstanding under the European revolving credit facility. At December 31, 2025, we had no borrowings and no letters of credit outstanding under the European revolving credit facility. Accounts Receivable Securitization Facilities (On-Balance Sheet) GEBV and certain other of our European subsidiaries are parties to a pan-European accounts receivable securitization facility that expires in 2032. The terms of the facility provide the flexibility to designate annually the maximum amount of funding available under the facility in an amount of not less than €30 million and not more than €450 million. For the period from October 2025 through October 2027, the designated maximum amount of the facility is €300 million. The facility involves an ongoing daily sale of substantially all of the trade accounts receivable of certain GEBV subsidiaries. These subsidiaries retain servicing responsibilities. Utilization under this facility is based on eligible receivable balances. The funding commitments under the facility will expire upon the earliest to occur of: (a) October 18, 2032, (b) the non-renewal and expiration (without substitution) of all of the back-up liquidity commitments, (c) the early termination of the facility according to its terms (generally upon an Early Amortisation Event (as defined in the facility), which includes, among other things, events similar to the events of default under our first lien revolving credit facility; certain tax law changes; or certain changes to law, regulation or accounting standards), or (d) our request for early termination of the facility. The facility’s current back-up liquidity commitments will expire in October 2027. The facility has customary representations, warranties, covenants and Early Amortisation Events. In addition, it is an Early Amortisation Event under the facility if GEBV’s ratio of Consolidated Net GEBV Indebtedness to Consolidated GEBV EBITDA for a period of four consecutive fiscal quarters is greater than 3.0 to 1.0 at the end of any fiscal quarter. This financial covenant is substantially similar to the covenant included in our European revolving credit facility. At June 30, 2026, the amounts available and utilized under this program totaled $244 million (€214 million). At December 31, 2025, the amounts available and utilized under this program totaled $292 million (€249 million). The program does not qualify for sale accounting, and accordingly, these amounts are included in Long Term Debt and Finance Leases. For a description of the collateral securing the credit facilities described above as well as the covenants applicable to them, refer to Note to the Consolidated Financial Statements No. 16, Financing Arrangements and Derivative Financial Instruments, in our 2025 Form 10-K. Accounts Receivable Factoring Facilities (Off-Balance Sheet) We have sold certain of our accounts receivables under off-balance sheet programs. For these programs, we have concluded that there is generally no risk of loss to us from non-payment of the sold receivables. At June 30, 2026, the gross amount of receivables sold was $830 million, compared to $892 million at December 31, 2025. Supplier Financing We have entered into supplier finance programs with several financial institutions. Under these programs, the financial institutions act as our paying agents with respect to accounts payable due to our suppliers. We agree to pay the financial institutions the stated amount of the confirmed invoices from the designated suppliers on the original due dates of the invoices. Invoice payment terms can be up to 120 days based on industry norms for the specific item purchased. We do not pay any fees to the financial institutions, and we do not pledge any assets as security or provide other forms of guarantees for these programs. These programs allow our suppliers to sell their receivables to the financial institutions at the sole discretion of the suppliers and the financial institutions on terms that are negotiated among them. We are not always notified when our suppliers sell receivables under these programs. Our obligations to our suppliers, including the amounts due and scheduled payment dates, are not impacted by our suppliers’ decisions to sell their receivables under these programs. The amounts available under these programs were $881 million and $876 million at June 30, 2026 and December 31, 2025, respectively. The amounts confirmed to the financial institutions were $550 million and $551 million at June 30, 2026 and December 31, 2025, respectively, and are included in Accounts Payable — Trade in our Consolidated Balance Sheets. All activity related to these obligations is presented within operating activities on the Consolidated Statements of Cash Flows. Other Foreign Credit Facilities A Mexican subsidiary and a U.S. subsidiary have a revolving credit facility in Mexico. At June 30, 2026, we have $200 million available and no borrowings outstanding under this facility. At December 31, 2025, the amounts available and utilized under the facility were $200 million. The facility matures on November 22, 2026, has covenants relating to the Mexican and U.S. subsidiaries and has customary representations and warranties and defaults relating to the Mexican and U.S. subsidiaries' ability to perform their respective obligations under the facility. Our Chinese subsidiaries have several financing arrangements in China. These facilities contain covenants relating to these Chinese subsidiaries and have customary representations and warranties and defaults relating to these Chinese subsidiaries' 22 Table of Contents ability to perform their respective obligations under these facilities. These facilities are also available for other off-balance sheet utilization, such as letters of credit and bank acceptances. The following table presents the total amounts available and utilized under the Chinese financing arrangements: (In millions) June 30, 2026 December 31, 2025 Total available $ 789 $ 854 Amounts utilized: Notes Payable and Overdrafts $ 4 $ 42 Long Term Debt due Within One Year 123 48 Long Term Debt 36 102 Letters of credit, bank acceptances and other utilization 121 131 Total utilized $ 284 $ 323 Maturities 7/26-6/29 1/26-7/27 DERIVATIVE FINANCIAL INSTRUMENTS We utilize derivative financial instrument contracts and nonderivative instruments to manage interest rate, foreign exchange and commodity price risks. We have established a control environment that includes policies and procedures for risk assessment and the approval, reporting and monitoring of derivative financial instrument activities. We do not hold or issue derivative financial instruments for trading purposes. Foreign Currency Contracts We enter into foreign currency contracts in order to manage the impact of changes in foreign exchange rates on our consolidated results of operations and future foreign currency-denominated cash flows. These contracts may be used to reduce exposure to currency movements affecting existing foreign currency-denominated assets, liabilities, firm commitments and forecasted transactions resulting primarily from trade purchases and sales, equipment acquisitions, intercompany loans and royalty agreements. Contracts hedging short term trade receivables and payables normally have no hedging designation. The following table presents the fair values for foreign currency hedge contracts that do not meet the criteria to be accounted for as cash flow hedging instruments: (In millions) June 30, 2026 December 31, 2025 Fair Values — Current asset (liability): Accounts receivable $ 38 $ 6 Other current liabilities (16) (30) At June 30, 2026 and December 31, 2025, these outstanding foreign currency derivatives had notional amounts of $1,897 million and $1,942 million, respectively, and were primarily related to intercompany loans. Other (Income) Expense included net transaction gains on derivatives of $11 million and $24 million for the three and six months ended June 30, 2026, respectively, and net transaction losses on derivatives of $91 million and $106 million for the three and six months ended June 30, 2025, respectively. These amounts were substantially offset in Other (Income) Expense by the effect of changing exchange rates on the underlying currency exposures. We enter into master netting agreements with counterparties. The amounts eligible for offset under the master netting agreements are not material and we have elected a gross presentation of foreign currency contracts in the Consolidated Balance Sheets. The counterparties to our foreign currency contracts were considered by us to be substantial and creditworthy financial institutions that were recognized market makers at the time we entered into those contracts. We seek to control our credit exposure to these counterparties by diversifying across multiple counterparties, by setting counterparty credit limits based on long term credit ratings and other indicators of counterparty credit risk such as credit default swap spreads and default probabilities, and by monitoring the financial strength of these counterparties on a regular basis. We also enter into master netting agreements with counterparties when possible. By controlling and monitoring exposure to counterparties in this manner, we believe that we effectively manage the risk of loss due to nonperformance by a counterparty. However, the inability of a counterparty to fulfill its contractual obligations to us could have a material adverse effect on our liquidity, financial position or results of operations in the period in which it occurs. 23 Table of Contents NOTE 9. FAIR VALUE MEASUREMENTS The following table presents information about assets and liabilities recorded at fair value on the Consolidated Balance Sheets at June 30, 2026 and December 31, 2025: Total Carrying Value in the Consolidated Balance Sheets Quoted Prices in Active Markets for Identical Assets/Liabilities (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) (In millions) 2026 2025 2026 2025 2026 2025 2026 2025 Assets: Investments $ 13 $ 13 $ 13 $ 13 $ — $ — $ — $ — Foreign Exchange Contracts 38 6 — — 38 6 — — Total Assets at Fair Value $ 51 $ 19 $ 13 $ 13 $ 38 $ 6 $ — $ — Liabilities: Foreign Exchange Contracts $ 16 $ 30 $ — $ — $ 16 $ 30 $ — $ — Total Liabilities at Fair Value $ 16 $ 30 $ — $ — $ 16 $ 30 $ — $ — The following table presents supplemental fair value information about long term fixed rate and variable rate debt, excluding finance leases, at June 30, 2026 and December 31, 2025: (In millions) June 30, 2026 December 31, 2025 Fixed Rate Debt:(1) Carrying amount — liability $ 5,516 $ 4,496 Fair value — liability 5,293 4,422 Variable Rate Debt:(1) Carrying amount — liability $ 1,059 $ 935 Fair value — liability 1,037 935 (1)Excludes Notes Payable and Overdrafts of $359 million and $506 million at June 30, 2026 and December 31, 2025, respectively, of which $186 million and $216 million, respectively, are at fixed rates and $173 million and $290 million, respectively, are at variable rates. The carrying value of Notes Payable and Overdrafts approximates fair value due to the short term nature of the facilities. Long term debt with fair values of $5,167 million and $4,291 million at June 30, 2026 and December 31, 2025, respectively, were estimated using quoted Level 1 market prices. The carrying value of the remaining long term debt approximates fair value since the terms of the financing arrangements are similar to terms that could be obtained under current lending market conditions. NOTE 10. PENSION, SAVINGS AND OTHER POSTRETIREMENT BENEFIT PLANS We provide employees with defined benefit pension or defined contribution savings plans. Defined benefit pension cost follows: U.S. U.S. Three Months Ended June 30, Six Months Ended June 30, (In millions) 2026 2025 2026 2025 Service cost $ 2 $ 2 $ 3 $ 3 Interest cost 32 40 64 81 Expected return on plan assets (44) (50) (87) (101) Amortization of net losses 21 23 43 47 Net periodic pension cost $ 11 $ 15 $ 23 $ 30 Net curtailments/settlements/termination benefits — — — 8 Total defined benefit pension cost $ 11 $ 15 $ 23 $ 38 24 Table of Contents Non-U.S. Non-U.S. Three Months Ended June 30, Six Months Ended June 30, (In millions) 2026 2025 2026 2025 Service cost $ 3 $ 4 $ 7 $ 8 Interest cost 25 26 50 50 Expected return on plan assets (22) (24) (45) (46) Amortization of prior service cost — 1 1 1 Amortization of net losses 6 5 11 10 Net periodic pension cost $ 12 $ 12 $ 24 $ 23 Net curtailments/settlements/termination benefits — — — 1 Total defined benefit pension cost $ 12 $ 12 $ 24 $ 24 Service cost is recorded in CGS or SAG. Other components of net periodic pension cost are recorded in Other (Income) Expense. Net curtailments, settlements and termination benefits, if any, are recorded in Other (Income) Expense or Rationalizations if related to a rationalization plan. In the first six months of 2025, a pension settlement charge of $4 million was recorded in Other (Income) Expense. The settlement charge resulted from total lump sum payments exceeding annual service and interest cost of the applicable plan. In addition, pension termination benefits charges of $4 million and $1 million were recorded related to the exit of employees under an approved rationalization plan and the sale of the OTR tire business, respectively. We also provide certain U.S. employees and employees at certain non-U.S. subsidiaries with health care benefits or life insurance benefits upon retirement. There was no net other postretirement benefits expense for the three and six months ended June 30, 2026 and 2025. We expect to contribute approximately $25 million to our funded non-U.S. pension plans in 2026. For the three and six months ended June 30, 2026, we contributed $6 million and $9 million, respectively, to our non-U.S. plans. The expense recognized for our contributions to defined contribution savings plans for the three months ended June 30, 2026 and 2025 was $28 million and $30 million, respectively, and for the six months ended June 30, 2026 and 2025 was $57 million and $62 million, respectively. NOTE 11. STOCK COMPENSATION PLANS Our Board of Directors granted 2.1 million restricted stock units and 0.7 million performance share units during the six months ended June 30, 2026 under our stock compensation plans. We measure the fair value of grants of restricted stock units and performance share units based primarily on the closing market price of a share of our common stock on the date of the grant, modified as appropriate to take into account the features of such grants. The weighted average fair value per share was $8.45 for restricted stock units and $8.30 for performance share units granted during the six months ended June 30, 2026. We recognized stock-based compensation expense of $4 million and $12 million during the three and six months ended June 30, 2026, respectively. At June 30, 2026, unearned compensation cost related to the unvested portion of all stock-based awards was approximately $27 million and is expected to be recognized over the remaining vesting period of the respective grants, through the second quarter of 2029. We recognized stock-based compensation expense of $5 million and $11 million during the three and six months ended June 30, 2025, respectively. NOTE 12. COMMITMENTS AND CONTINGENT LIABILITIES Environmental Matters We have recorded liabilities totaling $76 million and $79 million at June 30, 2026 and December 31, 2025, respectively, for anticipated costs related to various environmental matters, primarily the remediation of numerous waste disposal sites and certain properties sold by us. Of these amounts, $22 million was included in Other Current Liabilities at both June 30, 2026 and December 31, 2025. The costs include legal and consulting fees, site studies, the design and implementation of remediation plans, post-remediation monitoring and related activities, and will be paid over several years. The amount of our ultimate liability in respect of these matters may be affected by several uncertainties, primarily the ultimate cost of required remediation and the extent to which other responsible parties contribute. We have limited potential insurance coverage for future environmental claims. Since many of the remediation activities related to environmental matters vary substantially in duration and cost from site to site and the associated costs for each vary depending on the mix of unique site characteristics, in some cases we cannot 25 Table of Contents reasonably estimate a range of possible losses. Although it is not possible to estimate with certainty the outcome of all of our environmental matters, management believes that potential losses in excess of current reserves for environmental matters, individually and in the aggregate, will not have a material adverse effect on our financial position, cash flows or results of operations. Workers’ Compensation We have recorded liabilities, on a discounted basis, totaling $156 million and $145 million for anticipated costs related to workers’ compensation at June 30, 2026 and December 31, 2025, respectively. Of these amounts, $30 million and $28 million were included in Other Current Liabilities as part of Compensation and Benefits at June 30, 2026 and December 31, 2025, respectively. The costs include an estimate of expected settlements on pending claims, defense costs and a provision for claims incurred but not reported. These estimates are based on our assessment of potential liability using an analysis of available information with respect to pending claims, historical experience and current cost trends. The amount of our ultimate liability in respect of these matters may differ from these estimates. We periodically, and at least annually, update our loss development factors based on actuarial analyses. At June 30, 2026 and December 31, 2025, the liability was discounted using a risk-free rate of return. At June 30, 2026, we estimate that it is reasonably possible that the liability could exceed our recorded amounts by approximately $25 million. General and Product Liability and Other Litigation We have recorded liabilities for both asserted and unasserted claims totaling $470 million and $417 million, including related legal fees expected to be incurred, for potential product liability and other tort claims, including asbestos claims, at June 30, 2026 and December 31, 2025, respectively. Of these amounts, $111 million and $66 million were included in Other Current Liabilities at June 30, 2026 and December 31, 2025, respectively. The amounts recorded were estimated based on an assessment of potential liability using an analysis of available information with respect to pending claims, historical experience and, where available, recent and current trends. Based upon that assessment, at June 30, 2026, we do not believe that estimated reasonably possible losses associated with general and product liability claims in excess of the amounts recorded will have a material adverse effect on our financial position, cash flows or results of operations. However, the amount of our ultimate liability in respect of these matters may differ from these estimates. We maintain insurance coverage for certain general and product liability exposures. After consideration of the terms of applicable policies, the financial condition of the insurers and other relevant factors, we record a receivable for recoveries that are considered probable and reasonably estimable. At June 30, 2026, we recorded an insurance receivable related to general and product liability claims of approximately $20 million, which is included in Current Assets as part of Accounts Receivable. We have recorded an indemnification asset within Accounts Receivable of $2 million and within Other Assets of $1 million for Sumitomo Rubber Industries, Ltd. ("SRI's") obligation to indemnify us for certain product liability claims related to products manufactured by a formerly consolidated joint venture entity, subject to certain caps and restrictions. Asbestos. We are a defendant in numerous lawsuits alleging various asbestos-related personal injuries purported to result from alleged exposure to asbestos in certain products manufactured by us or present in certain of our facilities. Typically, these lawsuits have been brought against multiple defendants in state and federal courts. To date, we have disposed of approximately 169,500 claims by defending, obtaining the dismissal thereof, or entering into a settlement. The sum of our accrued asbestos-related liability and gross payments to date, including legal costs, by us and our insurers totaled $610 million through June 30, 2026 and $597 million through December 31, 2025. A summary of recent approximate asbestos claims activity follows. Because claims are often filed and disposed of by settlement or dismissal in large numbers, the amount and timing of filings, settlements and dismissals and the number of open claims during a particular period can fluctuate significantly. (Dollars in millions) Six Months Ended June 30, 2026 Year EndedDecember 31, 2025 Pending claims, beginning of period 30,400 35,400 New claims filed 600 800 Claims settled/dismissed (2,500) (5,800) Pending claims, end of period 28,500 30,400 Payments(1) $ 8 $ 16 (1)Represents cash payments made during the period by us and our insurers for asbestos litigation defense and claim resolution. We periodically, and at least annually, review our existing reserves for pending claims, including a reasonable estimate of the liability associated with unasserted asbestos claims, and estimate our receivables from probable insurance recoveries. We recorded gross liabilities for both asserted and unasserted claims, inclusive of defense costs, totaling $112 million and $107 26 Table of Contents million at June 30, 2026 and December 31, 2025, respectively. In determining the estimate of our asbestos liability, we evaluated claims over the next ten-year period. Due to the difficulties in making these estimates, analysis based on new data and/or a change in circumstances arising in the future may result in an increase in the recorded obligation, and that increase could be significant. We maintain certain primary and excess insurance coverage under coverage-in-place agreements, and also have additional excess liability insurance with respect to asbestos liabilities. After consultation with our outside legal counsel and giving consideration to agreements with certain of our insurance carriers, the financial viability and legal obligations of our insurance carriers and other relevant factors, we determine an amount we expect is probable of recovery from such carriers. We record a receivable with respect to such policies when we determine that recovery is probable and we can reasonably estimate the amount of a particular recovery. We recorded an insurance receivable related to asbestos claims of $58 million and $57 million at June 30, 2026 and December 31, 2025, respectively. We expect that approximately 50% of asbestos claim related losses would be recoverable through insurance during the ten-year period covered by the estimated liability. Of these amounts, $10 million was included in Current Assets as part of Accounts Receivable at both June 30, 2026 and December 31, 2025. The recorded receivable consists of an amount we expect to collect under coverage-in-place agreements with certain primary and excess insurance carriers, as well as an amount we believe is probable of recovery from certain of our other excess insurance carriers. We believe that, at December 31, 2025, we had approximately $510 million in excess level policy limits applicable to indemnity and defense costs for asbestos products claims under coverage-in-place agreements. We also had additional unsettled excess level policy limits potentially applicable to such costs. In addition, we had coverage under certain primary policies for indemnity and defense costs for asbestos products claims under remaining aggregate limits pursuant to a coverage-in-place agreement, as well as coverage for indemnity and defense costs for asbestos premises claims pursuant to coverage-in-place agreements. With respect to both asserted and unasserted claims, it is reasonably possible that we may incur a material amount of cost in excess of the current reserve; however, such amounts cannot be reasonably estimated. Coverage under insurance policies is subject to varying characteristics of asbestos claims including, but not limited to, the type of claim (premise vs. product exposure), alleged date of first exposure to our products or premises and disease alleged. Recoveries may also be limited by insurer insolvencies or financial difficulties. Depending upon the nature of these characteristics or events, as well as the resolution of certain legal issues, some portion of the insurance may not be accessible by us. Other Actions We are currently a party to various claims, indirect tax assessments and legal proceedings in addition to those noted above. If management believes that a loss arising from these matters is probable and can reasonably be estimated, we record the amount of the loss, or the minimum estimated liability when the loss is estimated using a range and no point within the range is more probable than another. As additional information becomes available, any potential liability related to these matters is assessed and the estimates are revised, if necessary. Based on currently available information, management believes that the ultimate outcome of these matters, individually and in the aggregate, will not have a material adverse effect on our financial position or overall trends in results of operations. Our recorded liabilities and estimates of reasonably possible losses for the contingent liabilities described above are based on our assessment of potential liability using the information available to us at the time and, where applicable, any past experience and recent and current trends with respect to similar matters. Our contingent liabilities are subject to inherent uncertainties, and unfavorable judicial or administrative decisions could occur which we did not anticipate. Such an unfavorable decision could include monetary damages, fines or other penalties or an injunction prohibiting us from taking certain actions or selling certain products. If such an unfavorable decision were to occur, it could result in a material adverse impact on our financial position and results of operations in the period in which the decision occurs or in future periods. Income Tax Matters The calculation of our tax liabilities involves dealing with uncertainties in the application of complex tax regulations. We recognize liabilities for anticipated tax audit issues based on our estimate of whether, and the extent to which, additional taxes will be due. If we ultimately determine that payment of these amounts is unnecessary, we reverse the liability and recognize a tax benefit during the period in which we determine that the liability is no longer necessary. We also recognize income tax benefits to the extent that it is more likely than not that our positions will be sustained when challenged by the taxing authorities. We derecognize income tax benefits when based on new information we determine that it is no longer more likely than not that our position will be sustained. To the extent we prevail in matters for which liabilities have been established, or determine we need to derecognize tax benefits recorded in prior periods, our results of operations and effective tax rate in a given period could be materially affected. An unfavorable tax settlement would require use of our cash, and lead to recognition of expense to the extent the settlement amount exceeds recorded liabilities and, in the case of an income tax settlement, result in an increase in our effective tax rate in the period of resolution. A favorable tax settlement would be recognized as a 27 Table of Contents reduction of expense to the extent the settlement amount is lower than recorded liabilities and, in the case of an income tax settlement, would result in a reduction in our effective tax rate in the period of resolution. Following an audit by the IRS, we received a Notice of Proposed Adjustment ("NOPA") during the second quarter of 2025 related to an intercompany sale of certain intellectual property in 2021. The IRS proposed to disallow income recognition totaling $1.5 billion associated with this transaction. The federal tax charge related to that income recognition was fully offset by the utilization of $315 million of then-existing deferred tax assets, including tax loss carryforwards and foreign tax credits. We challenged the proposed adjustment through the established IRS administrative procedures and engaged in settlement discussions with the IRS. On July 29, 2026, we entered into a closing agreement with the IRS resolving all federal income tax consequences related to the 2021 transaction (the "IRS settlement"). As a result of the IRS settlement, in the third quarter of 2026 we expect to write-off approximately $45 million of our deferred tax assets that were previously utilized to offset the related federal and state taxes. However, since our U.S. deferred tax assets are in a full valuation allowance, the write-off of those deferred tax assets will not have a material impact on our operating results or cash flow. While the Company applies consistent transfer pricing policies and practices globally, supports transfer prices through economic studies, seeks advance pricing agreements and joint audits to the extent possible and believes its transfer prices to be appropriate, such transfer prices, and related interpretations of tax laws, are occasionally challenged by various taxing authorities globally. We have received various tax assessments challenging our interpretations of applicable tax laws in various jurisdictions. Although we believe we have complied with applicable tax laws, have strong positions and defenses and have historically been successful in defending such claims, our results of operations could be materially adversely affected in the case we are unsuccessful in the defense of existing or future claims. Binding Commitments and Guarantees We have off-balance sheet financial guarantees and other commitments totaling $15 million at both June 30, 2026 and December 31, 2025. We issue guarantees to financial institutions or other entities on behalf of certain of our affiliates, lessors or customers. We generally do not require collateral in connection with the issuance of these guarantees. In 2015, as a result of the dissolution of the global alliance with SRI, we issued a guarantee of $46 million to an insurance company related to SRI's obligation to pay certain outstanding workers' compensation claims of a formerly consolidated joint venture entity. As of June 30, 2026, this guarantee amount has been reduced to $15 million. We have concluded the probability of our performance to be remote and, therefore, have not recorded a liability for this guarantee. While there is no fixed duration of this guarantee, we expect the amount of this guarantee to continue to decrease over time as the formerly consolidated joint venture entity pays its outstanding claims. If our performance under these guarantees is triggered by non-payment or another specified event, we would be obligated to make payment to the financial institution or the other entity, and would typically have recourse to the affiliate, lessor, customer or SRI, as applicable. We are unable to estimate the extent to which our lessors’, customers’ or SRI's assets would be adequate to recover any payments made by us under the related guarantees. We have an agreement to provide a revolving loan commitment to TireHub, LLC. During the first quarter of 2026, the revolving loan commitment decreased from $130 million to $100 million. The carrying value of our net investment in TireHub was $33 million and $44 million, which includes an outstanding loan receivable of $88 million and $103 million, including $1 million and $2 million of interest, at June 30, 2026 and December 31, 2025, respectively, and was included in Other Assets on our Consolidated Balance Sheets. Our investment in TireHub is accounted for under the equity method of accounting and, as such, includes our 50% share of the net income (losses) of TireHub. NOTE 13. CAPITAL STOCK Common Stock Repurchases We may repurchase shares delivered to us by employees as payment for the exercise price of stock options and the withholding taxes due upon the exercise of stock options or the vesting or payment of stock awards. During the first six months of 2026, we did not repurchase any shares from employees. 28 Table of Contents NOTE 14. ACCUMULATED OTHER COMPREHENSIVE LOSS The following tables present changes in AOCL, by component, for the six months ended June 30, 2026 and 2025, after tax and minority interest. (In millions) Income (Loss) Foreign Currency Translation Adjustment Unrealized Gains (Losses) from Securities Unrecognized Net Actuarial Losses and Prior Service Costs Total Balance at December 31, 2025 $ (1,662) $ 1 $ (1,927) $ (3,588) Other comprehensive income (loss) before reclassifications 6 — 2 8 Amounts reclassified from accumulated other comprehensive income (loss) — — 46 46 Balance at June 30, 2026 $ (1,656) $ 1 $ (1,879) $ (3,534) (In millions) Income (Loss) Foreign Currency Translation Adjustment Unrealized Gains (Losses) from Securities Unrecognized Net Actuarial Losses and Prior Service Costs Total Balance at December 31, 2024 $ (1,705) $ 1 $ (2,140) $ (3,844) Other comprehensive income (loss) before reclassifications 4 — 8 12 Amounts reclassified from accumulated other comprehensive income (loss) 8 — 40 48 Balance at June 30, 2025 $ (1,693) $ 1 $ (2,092) $ (3,784) The following table presents reclassifications out of AOCL: Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 (In millions) (Income) Expense Amount Reclassified from AOCL Amount Reclassified from AOCL Affected Line Item in the Consolidated Statements of Operations Component of AOCL Foreign currency translation adjustment, before tax $ — $ (2) $ — $ 8 Net (Gain) Loss on Asset Sales Tax effect — — — — United States and Foreign Taxes Net of tax $ — $ (2) $ — $ 8 Goodyear Net Income (Loss) Amortization of prior service cost and unrecognized gains and losses $ 24 $ 26 $ 48 $ 51 Other (Income) Expense Immediate recognition of prior service cost and unrecognized gains and losses due to curtailments, settlements and divestitures — — — 2 Other (Income) Expense Unrecognized net actuarial losses and prior service costs, before tax $ 24 $ 26 $ 48 $ 53 Tax effect (1) (7) (2) (13) United States and Foreign Taxes Net of tax $ 23 $ 19 $ 46 $ 40 Goodyear Net Income (Loss) Total reclassifications $ 23 $ 17 $ 46 $ 48 Goodyear Net Income (Loss) 29 Table of Contents The following table presents the details of comprehensive income (loss) attributable to minority shareholders: Three Months Ended June 30, Six Months Ended June 30, (In millions) 2026 2025 2026 2025 Net Income (Loss) Attributable to Minority Shareholders $ (3) $ 27 $ — $ 30 Other Comprehensive Income (Loss): Foreign currency translation (1) 5 (4) 8 Other Comprehensive Income (Loss) $ (1) $ 5 $ (4) $ 8 Comprehensive Income (Loss) Attributable to Minority Shareholders $ (4) $ 32 $ (4) $ 38 NOTE 15. SUBSEQUENT EVENT On July 16, 2026, we reached an agreement with the United Steelworkers and approved a plan to permanently close our Fayetteville, North Carolina tire manufacturing facility to reduce our production capacity and production cost per tire in Americas. The plan includes approximately 1,750 job reductions. We expect to substantially complete this rationalization plan by the end of 2027 and estimate the total pre-tax charges associated with this action to be between $535 million and $565 million, of which $190 million to $210 million are expected to be cash charges primarily for associate-related and other exit costs, and the remaining costs are expected to be non-cash charges primarily for accelerated depreciation and other asset-related charges ($290 million to $310 million) and pension special termination benefits ($40 million to $50 million). We expect to record approximately $205 million to $225 million of pre-tax charges in the third quarter of 2026 and approximately $65 million to $85 million of pre-tax charges during the remainder of 2026. 30 Table of Contents