Income Taxes (Tables)

12 Months Ended

Dec. 31, 2014

Income Tax Disclosure [Abstract]

Earnings From Continuing Operations Before Income Taxes

Components of earnings (loss) from continuing operations before income taxes are as follows:

Years ended December 31	2014			2013		2012
United States	$	(1,355	)	$	585	$	566
Other nations	194			295		315
	$	(1,161	)	$	880	$	881

Income Tax Expense (Benefit)

Components of income tax expense (benefit) are as follows:

Years ended December 31	2014			2013			2012
United States	$	14		$	29		$	5
Other nations	67			234			91
States (U.S.)	11			12			1
Current income tax expense	92			275			97
United States	(503		)	(368		)	192
Other nations	(11		)	35			(29		)
States (U.S.)	(43		)	(1		)	(49		)
Deferred income tax expense (benefit)	(557		)	(334		)	114
Total income tax expense (benefit)	$	(465	)	$	(59	)	$	211

Federal Statutory Tax Rate And Income Tax Expense

Differences between income tax expense (benefit) computed at the U.S. federal statutory tax rate of 35% and income tax expense (benefit) as reflected in the consolidated statements of operations are as follows:

Years ended December 31	2014			2013			2012
Income tax expense at statutory rate	$	(406	)	$	308		$	308
Tax on non-U.S. earnings	(27		)	17			(10		)
State income taxes, net of federal benefit	(30		)	8			(32		)
Recognition of previously unrecognized income tax benefits	(29		)	6			—
Other provisions	9			(4		)	(10		)
Valuation allowances	55			(3		)	(60		)
Section 199 deduction	(12		)	(14		)	(14		)
Tax on undistributed non-U.S. earnings	(19		)	(22		)	29
Research credits	(6		)	(18		)	—
Tax benefit of repatriated non-U.S. earnings	—			(337		)	—
	$	(465	)	$	(59	)	$	211

Components Of Deferred Tax Assets And Liabilities

Significant components of deferred tax assets (liabilities) are as follows: 

December 31	2014			2013
Inventory	$	34		$	46
Accrued liabilities and allowances	148			129
Employee benefits	799			814
Capitalized items	379			144
Tax basis differences on investments	(10		)	17
Depreciation tax basis differences on fixed assets	52			12
Undistributed non-U.S. earnings	(18		)	(6		)
Tax carryforwards	1,246			1,294
Business reorganization	22			39
Warranty and customer liabilities	19			19
Deferred revenue and costs	136			159
Valuation allowances	(226		)	(200		)
Deferred charges	39			38
Other	(38		)	(64		)
	$	2,582		$	2,441

Summary Of Tax Credit Carryforwards

Tax carryforwards are as follows: 

December 31, 2014	Gross Tax Loss	Tax Effected		Expiration Period
United States:
U.S. tax losses	76	$	26	2021-2033
Foreign tax credits	—	686		2018-2023
General business credits	—	174		2025-2034
Minimum tax credits	—	100		Unlimited
State tax losses	1,502	41		2015-2031
State tax credits	—	27		2018-2026
Non-U.S. Subsidiaries:
China tax losses	212	53		2015-2016
Japan tax losses	93	33		2017-2021
Germany tax losses	108	31		Unlimited
United Kingdom tax losses	102	21		Unlimited
Singapore tax losses	50	8		Unlimited
Other subsidiaries tax losses	70	18		Various
Spain tax credits	—	27		2017-2021
Other subsidiaries tax credits	—	1		Various
		$	1,246

Unrecognized Tax Benefits, Including Those Attributable To Discontinued Operations

A roll-forward of unrecognized tax benefits is as follows: 

	2014			2013
Balance at January 1	$	147		$	157
Additions based on tax positions related to current year	4			13
Additions for tax positions of prior years	21			70
Reductions for tax positions of prior years	(55		)	(10		)
Settlements and agreements	(19		)	(82		)
Lapse of statute of limitations	(2		)	(1		)
Balance at December 31	$	96		$	147

Summary Of Open Tax Years By Major Jurisdiction

A summary of open tax years by major jurisdiction is presented below: 

Jurisdiction	Tax Years
United States	2008-2014
China	2002-2014
France	2010-2014
Germany	2008-2014
India	1997-2014
Israel	2012-2014
Japan	2011-2014
Malaysia	2009-2014
Singapore	2010-2014
United Kingdom	2008-2014