Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2021

Equity [Abstract]

Reconciliation of Common Stock Share Activity

Shares of common stock	Issued
Balance June 1, 2019	748,815,000
Issued	586,000
Repurchased and retired	(824,000)
Balance December 31, 2019	748,577,000
Issued	3,384,000
Repurchased and retired	(8,503,000)
Balance December 31, 2020	743,458,000
Issued	4,019,000
Repurchased and retired	(20,950,000)
Balance December 31, 2021	726,527,000

Schedule of Noncontrolling Interests Represented by Preferred Stock [Table Text Block]

(Shares in thousands)	Number of Shares
Authorized	23,000
$4.50 Series, callable at $120	1,673
$3.50 Series, callable at $102	700

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

(In millions)	Cumulative Translation Adjustment1		Derivative Instruments		Pension Benefit Plans		Other Benefit Plans		Unrealized Gain (Loss) on Investments		Total
2019
Balance January 1, 2019	$	(2,793)	$	(26)	$	(620)	$	79	$	—	$	(3,360)
Other comprehensive income (loss) before reclassifications	(274)		16		(723)		(159)		—		(1,140)
Amounts reclassified from accumulated other comprehensive income (loss)	—		12		5		(1)		—		16
Net other comprehensive income (loss)	(274)		28		(718)		(160)		—		(1,124)
Impact of Internal Reorganizations	1,123		—		91		—		—		1,214
Balance December 31, 2019	$	(1,944)	$	2	$	(1,247)	$	(81)	$	—	$	(3,270)
2020
Other comprehensive income (loss) before reclassifications	$	(26)	$	(81)	$	(191)	$	670	$	(10)	$	362
Amounts reclassified from accumulated other comprehensive income (loss)	—		12		5		1		—		18
Net other comprehensive income (loss)	(26)		(69)		(186)		671		(10)		380
Balance December 31, 2020	$	(1,970)	$	(67)	$	(1,433)	$	590	$	(10)	$	(2,890)
2021
Other comprehensive income (loss) before reclassifications	$	(573)	$	143	$	996	$	25	$	3	$	594
Amounts reclassified from accumulated other comprehensive income (loss)	—		(4)		41		(646)		7		(602)
Net other comprehensive income (loss)	(573)		139		1,037		(621)		10		(8)
Balance December 31, 2021	$	(2,543)	$	72	$	(396)	$	(31)	$	—	$	(2,898)

1.The cumulative translation adjustment losses for the year ended December 31, 2021 was primarily driven by the strengthening of the U.S. Dollar ("USD") against the European Euro ("EUR"), Swiss franc ("CHF") and Turkish Lira (“TRY”). The cumulative translation adjustment losses for the year ended December 31, 2020 was primarily driven by the strengthening of the U.S. Dollar ("USD") against the Brazilian Real ("BRL"), partially offset by the weakening of the U.S. Dollar against the Swiss franc ("CHF") and European Euro ("EUR").

Other Comprehensive Income (Loss)

	For the Year Ended December 31,
(In millions)	2021		2020		2019
Derivative instruments	$	(41)	$	24	$	(8)
Pension benefit plans - net	(319)		54		231
Other benefit plans - net	188		(211)		52
(Provision for) benefit from income taxes related to other comprehensive income (loss) items	$	(172)	$	(133)	$	275

Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]

(In millions)	For the Year Ended December 31,
	2021		2020		2019
Derivative Instruments1:	$	(13)	$	18	$	13
Tax (benefit) expense2	9		(6)		(1)
After-tax	$	(4)	$	12	$	12
Amortization of pension benefit plans:
Prior service (benefit) cost3,4	$	(2)	$	(1)	$	(1)
Actuarial (gains) losses3,4,5	55		4		2
Settlement (gain) loss3,4,5	1		3		4
Total before tax	54		6		5
Tax (benefit) expense2	(13)		(1)		—
After-tax	$	41	$	5	$	5
Amortization of other benefit plans:
Prior service (benefit) cost3,4	$	(922)	$	—	$	—
Actuarial (gains) losses3,4	81		1		(1)
Curtailment (gain) loss	(1)		—		—
Total before tax	(842)		1		(1)
Tax (benefit) expense2	196		—		—
After-tax	$	(646)	$	1	$	(1)
Unrealized (Gain) Loss on Investments4	$	7	$	—	$	—
Tax (benefit) expense2	—		—		—
After-tax	$	7	$	—	$	—
Total reclassifications for the period, after-tax	$	(602)	$	18	$	16

1.Reflected in cost of goods sold in the Consolidated Statements of Operations.

2.Reflected in provision for (benefit from) income taxes from continuing operations in the Consolidated Statements of Operations.

3.These accumulated other comprehensive (loss) income components are included in the computation of net periodic benefit (credit) cost of the company's pension and other benefit plans. See Note 20 - Pension Plans and Other Post Employment Benefits, to the Consolidated Financial Statements, for additional information.

4.Reflected in other income - net in the Consolidated Statements of Operations.

5.A portion reflected in (loss) income from discontinued operations after income taxes for the year ended December 31, 2019.