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INCOME TAXES (Tables)
12 Months Ended
Dec. 31, 2022
Income Tax Disclosure [Abstract]  
Schedule of Income before Income Tax and Provision for Income Taxes [Table Text Block]
(millions)202220212020
Income before income taxes
United States$623 $1,158 $1,018 
Foreign574 808 583 
 1,197 1,966 1,601 
Income taxes
Currently payable
Federal151 188 129 
State31 44 26 
Foreign108 117 100 
 290 349 255 
Deferred
Federal(37)40 56 
State(8)
Foreign(1)81 
 (46)125 68 
Total income taxes$244 $474 $323 
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
202220212020
U.S. statutory income tax rate21.0 %21.0 %21.0 %
Foreign rates varying from U.S. statutory rate(2.6)(1.6)(2.4)
State income taxes, net of federal benefit1.4 1.9 1.8 
Cost (benefit) of remitted and unremitted foreign earnings1.5 0.6 1.0 
Net change in valuation allowance3.4 2.7 1.4 
Statutory rate changes, deferred tax impact0.2 0.7 0.2 
U.S. deemed repatriation tax — (2.0)
Foreign derived intangible income(1.8)(0.8)(0.4)
Other(2.7)(0.4)(0.4)
Effective income tax rate20.4 %24.1 %20.2 %
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
  
Deferred tax
assets
Deferred tax
liabilities
(millions)2022202120222021
U.S. state income taxes$ $— $27 $11 
Advertising and promotion-related15 14  — 
Wages and payroll taxes19 27  — 
Inventory valuation19 16  — 
Employee benefits64 19  — 
Operating loss, credit and other carryforwards363 363  — 
Hedging transactions 13 37 — 
Depreciation and asset disposals — 286 264 
Operating lease right-of-use assets — 138 146 
Operating lease liabilities139 144  — 
Trademarks and other intangibles — 549 540 
Deferred compensation27 19  — 
Stock options28 33  — 
Other56 54  — 
730 702 1,037 961 
Less valuation allowance(263)(248) — 
Total deferred taxes$467 $454 $1,037 $961 
Net deferred tax asset (liability)$(570)$(507)  
Classified in balance sheet as:
Other assets$190 $215 
Other liabilities(760)(722)  
Net deferred tax asset (liability)$(570)$(507)  
Summary of Valuation Allowance [Table Text Block]
(millions)202220212020
Balance at beginning of year$248 $192 $146 
Additions charged to income tax expense (a)44 59 62 
Reductions credited to income tax expense(3)(6)(24)
Acquisition of noncontrolling interest 13  — 
Currency translation adjustments(26)(10)
Balance at end of year$263 $248 $192 
Summary of Positions for which Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Table Text Block]
(millions)202220212020
Balance at beginning of year$50 $65 $90 
Tax positions related to current year:
Additions6 
Tax positions related to prior years:
Additions1 
Reductions (a)(18)(13)(35)
Settlements(1)(9)(2)
Lapses in statutes of limitation(2)(3)(1)
Balance at end of year$36 $50 $65 
(a) During the third quarter of 2020, the Company released $32 million of tax reserves as a result of finalization of an IRS tax examination.