XML 99 R76.htm IDEA: XBRL DOCUMENT v3.25.0.1
Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Jun. 30, 2024
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Amount        
U.S. federal statutory tax   $ (2,564) $ (421) $ (1,054)
Valuation allowance   3,145 1,150 1,199
Federal audit settlement   (490)    
Research and development credits   (409) (472) (204)
State income tax provision, net of effects on U.S. federal tax   (223) (75) (90)
Tax on non-U.S. activities   113 35 64
Impact of subsidiary shares purchased from noncontrolling interests     (29)  
Other provision adjustments   47 49 116
Total income tax (benefit)/expense   $ (381) $ 237 $ 31
Rate        
U.S. federal statutory tax   21.00% 21.00% 21.00%
Valuation allowance   (25.80%) (57.30%) (23.90%)
Federal audit settlement   4.00%    
Research and development credits   3.30% 23.60% 4.10%
State income tax provision, net of effects on U.S. federal tax   1.80% 3.70% 1.80%
Tax on non-U.S. activities   (0.90%) (1.80%) (1.30%)
Impact of subsidiary shares purchased from noncontrolling interests     1.50%  
Other provision adjustments   (0.30%) (2.50%) (2.30%)
Effective income tax rate   3.10% (11.80%) (0.60%)
Effective income tax rate reconciliation, tax contingency, amount $ 490      
Deferred tax assets, valuation allowance expense $ 155