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Income Taxes (Schedule of Consolidated Deferred Tax Assets and Liabilities) (Details) - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Deferred Tax Assets    
Pension and postretirement obligations $ 132 $ 140
Accrued expenses 32 57
Inventory 12 11
Net operating loss carryforwards 535 506
Tax credit carryforwards 247 273
Other 322 227
Subtotal 1,280 1,214
Valuation allowance [1] (748) (714)
Total 532 500
Deferred Tax Liabilities    
Depreciation and amortization 256 411
Investments in affiliates 402 192
Other 124 58
Total 782 661
Net deferred tax assets (liabilities) $ (250) $ (161)
[1] Includes deferred tax asset valuation allowances for the Company's deferred tax assets in the US, Luxembourg, Spain, China, the United Kingdom, Mexico, Canada and France. These valuation allowances relate primarily to net operating loss carryforward benefits and other net deferred tax assets, all of which may not be realizable.