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INCOME TAXES - COMPONENTS OF DEFERRED TAX ASSETS AND LIABILITIES (Details) - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Deferred tax liabilities    
Property, plant and equipment differences $ (9,905) $ (10,744)
Equity investments, partnerships and international subsidiaries (571) (658)
Gross long-term deferred tax liabilities (10,476) (11,402)
Deferred tax assets    
Environmental reserves 242 257
Postretirement benefit accruals 285 398
Deferred compensation and benefits 286 186
Asset retirement obligations 850 942
Foreign tax credit carryforwards 3,904 4,465
General business credit carryforwards 698 607
Net operating loss carryforward 1,628 1,797
Interest expense carryforward 28 668
All other 689 720
Gross long-term deferred tax assets 8,610 10,040
Valuation allowance (5,136) (5,695)
Net long-term deferred tax assets 3,474 4,345
Total deferred income tax liability, net (7,002) (7,057)
Net long-term deferred tax assets (37) (56)
Total deferred income tax liability, gross $ (7,039) $ (7,113)