1

Contingent Liabilities The following nate accompanied the financial statements for Coodyear Tire and Rubber Company (GT) We are a defendant in numerous lawsuits alleping vanous asbestos-related personal inturies purpovted to resuit from aleged exposure to certain asbestos products manufactured by us or present in certain of our facities. Typically, these lawsuits have been oro t against mul le detendants in state and ederal courts. we by defending and ootaining the dis issal thereof or by entering into a settlement. The sum o our accrued asbestos reated abityincluding legal costs totaled approximately $458 mwon To date have disoosed of approximately 109,500 claims a. llustrate the effects on the accounts and financial statements of recarding the contingent liability of $458,000,000. If no account or activity is affected, select 'No effect" from the dropdawn list and leave the corresponding number entry hox blank. Enter account decreases and cash autflows as negative amounts Balance Sheet Statement of Cash Flows Incone Statement Stockholders Equity Cosh sentof No effectContingent product & Tort claims payable+ Retained earnings Statement of Cash Flows Income Statement No effect Litigation expenses and losses