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Income Taxes (Schedule of Consolidated Deferred Tax Assets and Liabilities) (Details) - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Deferred Tax Assets    
Pension and postretirement obligations $ 58 $ 61
Accrued expenses 59 56
Deferred Tax Assets, Inventory 18 13
Net operating loss carryforwards 752 783
Tax credit carryforwards 222 135
Other 757 737
Subtotal 1,866 1,759
Valuation allowance [1] (1,106) (656)
Total 760 1,103
Deferred Tax Liabilities    
Depreciation and amortization 152 152
Investments in affiliates 163 188
Other 127 85
Total 442 425
Deferred income taxes $ 318 $ 678
[1] Includes deferred tax asset valuation allowances for the Company's deferred tax assets in Switzerland, Luxembourg, the U.S., Spain, the Netherlands, the United Kingdom, Malta, Mexico, Germany, China, Singapore and France. These valuation allowances relate primarily to net operating loss carryforward benefits, foreign tax credit carryforwards and other net deferred tax assets, all of which may not be realizable.