XML 142 R124.htm IDEA: XBRL DOCUMENT v3.22.0.1
Income Taxes (Schedule of Consolidated Deferred Tax Assets and Liabilities) (Details) - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Deferred Tax Assets    
Pension and postretirement obligations $ 96 $ 132
Accrued expenses 31 32
Inventory 7 12
Net operating loss carryforwards 526 535
Tax credit carryforwards 207 247
Other 226 322
Subtotal 1,093 1,280
Valuation allowance [1] (642) (748)
Total 451 532
Deferred Tax Liabilities    
Depreciation and amortization 312 256
Investments in affiliates 382 402
Other 64 124
Total 758 782
Net deferred tax assets (liabilities) $ (307) $ (250)
[1] Includes deferred tax asset valuation allowances for the Company's deferred tax assets in the U.S., Luxembourg, Singapore, 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.