In addition to the charges of $573 million recorded for the first half of 2001, the second half charges include a $675 million write-down related to the general slowing of the economies in the Americas, especially the U.S, during 2001.
Other second half charges include a provision of $285 million for additional litigation related costs and expenses; $50 million related to the closure of the Decatur, Ill. plant; and $25 million related to the tire replacement program announced by the company in October.
Bridgestone said it would provide BFAH a capital infusion of $1.3 billion next month.