The ratings on The Goodyear Tire&Rubber Co. reflect Standard&Poor's Ratings Services' expectation that the company's credit measures will continue to show steady improvement during 2011 from their currently weak levels. Consumer and commercial tire demand around the world has boosted Goodyear's sales and profits in 2010. The company has been able to raise tire prices and more than offset volatile raw material prices. Moreover, the company continues to rationalize its operations and is benefiting from lower unabsorbed fixed costs as capacity utilization increases at its manufacturing facilities. We expect Goodyear to use discretionary cash flow in 2010 and 2011 but not to exceed $200 million in 2011. In the third quarter of 2010, sales rose 13%
