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Note 16 - Income Taxes - Effective Tax Rate Reconciliation (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
U.S. federal income tax rate, amount $ 16 $ 37 $ (7)
U.S. federal income tax rate, percent 21.00% 21.00% 21.00%
State & local income taxes, net of federal benefit, amount $ 1 $ (5) $ (6)
State & local income taxes, net of federal benefit, percent 1.00% (3.00%) 19.00%
Non-US income / expense, amount $ 16 $ 35 $ (2)
Non-US income / expense, percent 20.00% 20.00% 7.00%
Credits & tax incentives, amount $ 13 $ 9 $ (27)
Credits & tax incentives, percent 16.00% 5.00% 87.00%
US tax & withholding tax on non-US earnings, amount $ 41 $ 41 $ 42
US tax & withholding tax on non-US earnings, percent 51.00% 23.00% (135.00%)
Intercompany sale of certain operating assets, amount $ (54) $ (1)
Intercompany sale of certain operating assets, percent (30.00%) 3.00%
Settlement and return adjustments, amount $ 4 $ 23 $ (7)
Settlement and return adjustments, percent 5.00% 13.00% 23.00%
Enacted change in tax rates, amount $ 3 $ (4)
Enacted change in tax rates, percent 4.00% 13.00%
Goodwill impairment, amount $ 47
Goodwill impairment, percentage (151.00%)
Miscellaneous items, amount $ 3 $ 7 $ (6)
Miscellaneous items, percent 3.00% 4.00% 19.00%
Valuation allowance adjustments, amount $ 42 $ 28 $ 255
Valuation allowance adjustments, percent 53.00% 15.00% (822.00%)
Total expense $ 139 $ 121 $ 284
Effective income tax rate, percent 174.00% 68.00% (916.00%)