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Income taxes - Components of deferred tax assets and liabilities (Details) - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Deferred tax assets:    
Capitalized R&D $ 750 $ 380
Accrued expenses 236 182
Deferred loss and tax credit carryforwards 205 201
Stock compensation 163 132
Inventories and related reserves 104 88
Retirement costs for defined benefit and retiree health care 37 43
Other 47 36
Total deferred tax assets, before valuation allowance 1,542 1,062
Valuation allowance (198) (189)
Total deferred tax assets, after valuation allowance 1,344 873
Deferred tax liabilities:    
Property, plant and equipment (592) (410)
International earnings (33) (35)
Acquisition-related intangibles and fair-value adjustments (14) (13)
Other (11) (8)
Total deferred tax liabilities (650) (466)
Net deferred tax asset $ 694 $ 407