Income Taxes (Tables)

9 Months Ended

Sep. 30, 2022

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The following summarizes components of income tax expense on continuing operations for the three and nine months ended September 30, 2022 and 2021:

	Three months ended September 30,						Nine months ended September 30,
millions	2022			2021			2022			2021
Income from continuing operations before income taxes	$	3,648		$	1,217		$	11,717		$	1,675
Current
Federal	$	(297)		$	(170)		$	(1,152)		$	(170)
State and Local	(43)			(23)			(127)			(12)
Foreign	(290)			(174)			(826)			(456)
Total current tax expense	$	(630)		$	(367)		$	(2,105)		$	(638)
Deferred
Federal	(264)			19			1,718			35
State and Local	5			23			83			106
Foreign	(13)			(62)			(36)			51
Total deferred tax benefit (expense)	$	(272)		$	(20)		$	1,765		$	192
Total income tax expense	$	(902)		$	(387)		$	(340)		$	(446)
Income from continuing operations	$	2,746		$	830		$	11,377		$	1,229
Worldwide effective tax rate	25		%	32		%	3		%	27		%