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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2021
Income Tax Disclosure [Abstract] |
Income before income taxes | Income Before Income Taxes
(Millions) |  | 2021 |  | 2020 |  | 2019
United States |  | $ | 3,716 |  |  | $ | 3,795 |  |  | $ | 2,954 |
International |  | 3,488 |  |  | 3,000 |  |  | 2,689 |
Total |  | $ | 7,204 |  |  | $ | 6,795 |  |  | $ | 5,643 |
Provision for income taxes | Provision for Income Taxes
(Millions) |  | 2021 |  | 2020 |  | 2019
Currently payable |  |  |  |  |  |
Federal |  | $ | 756 |  |  | $ | 720 |  |  | $ | 534 |
State |  | 104 |  |  | 123 |  |  | 59 |
International |  | 597 |  |  | 632 |  |  | 673 |
Deferred |  |  |  |  |  |
Federal |  | (219) |  |  | (44) |  |  | (43) |
State |  | (25) |  |  | (17) |  |  | (28) |
International |  | 72 |  |  | (77) |  |  | (81) |
Total |  | $ | 1,285 |  |  | $ | 1,337 |  |  | $ | 1,114 |
Components of deferred tax assets and liabilities | Components of Deferred Tax Assets and Liabilities
(Millions) |  | 2021 |  | 2020
Deferred tax assets: |  |  |  |
Accruals not currently deductible |  |  |  |
Employee benefit costs |  | $ | 237 |  |  | $ | 232 |
Product and other claims |  | 257 |  |  | 338 |
Miscellaneous accruals |  | 157 |  |  | 153 |
Pension costs |  | 351 |  |  | 849 |
Stock-based compensation |  | 249 |  |  | 231 |
Advanced payments |  | 286 |  |  | — |
Net operating/capital loss/state tax credit carryforwards |  | 120 |  |  | 148 |
Foreign tax credits |  | 115 |  |  | 100 |
Currency translation |  | — |  |  | 90 |
Lease liabilities |  | 219 |  |  | 227 |
Product and other insurance receivables |  | 48 |  |  | — |
Inventory |  | 68 |  |  | 54 |
Other |  | 31 |  |  | 112 |
Gross deferred tax assets |  | 2,138 |  |  | 2,534 |
Valuation allowance |  | (142) |  |  | (135) |
Total deferred tax assets |  | 1,996 |  |  | 2,399 |
Deferred tax liabilities: |  |  |  |
Product and other insurance receivables |  | — |  |  | (4) |
Accelerated depreciation |  | (665) |  |  | (606) |
Intangible amortization |  | (985) |  |  | (1,023) |
Right-of-use asset |  | (222) |  |  | (228) |
Total deferred tax liabilities |  | (1,872) |  |  | (1,861) |
Net deferred tax assets |  | $ | 124 |  |  | $ | 538 |
Reconciliation of effective income tax rate | Reconciliation of Effective Income Tax Rate
|  | 2021 |  | 2020 |  | 2019
Statutory U.S. tax rate |  | 21.0 | % |  | 21.0 | % |  | 21.0 | %
State income taxes - net of federal benefit |  | 0.9 |  |  | 1.2 |  |  | 0.5 |
International income taxes - net |  | (1.2) |  |  | (1.2) |  |  | 0.2 |
Global Intangible Low Taxed Income (GILTI) |  | 0.7 |  |  | 0.8 |  |  | 1.8 |
Foreign Derived Intangible Income (FDII) |  | (3.1) |  |  | (1.8) |  |  | (2.9) |
U.S. research and development credit |  | (0.7) |  |  | (1.0) |  |  | (1.7) |
Reserves for tax contingencies |  | 0.6 |  |  | 0.5 |  |  | 2.3 |
Employee share-based payments |  | (0.6) |  |  | (0.5) |  |  | (1.3) |
All other - net |  | 0.2 |  |  | 0.7 |  |  | (0.2) |
Effective worldwide tax rate |  | 17.8 | % |  | 19.7 | % |  | 19.7 | %
Reconciliation of federal, state and foreign tax gross unrecognized tax benefits | A reconciliation of the beginning and ending amount of gross unrecognized tax benefits (UTB) is as follows: Federal, State and Foreign Tax
(Millions) |  | 2021 |  | 2020 |  | 2019
Gross UTB Balance at January 1 |  | $ | 1,113 |  |  | $ | 1,167 |  |  | $ | 647 |
Additions based on tax positions related to the current year |  | 91 |  |  | 74 |  |  | 76 |
Additions for tax positions of prior years |  | 22 |  |  | 106 |  |  | 132 |
Additions related to recent acquisitions |  | — |  |  | — |  |  | 396 |
Reductions for tax positions of prior years |  | (60) |  |  | (173) |  |  | (56) |
Settlements |  | (57) |  |  | (8) |  |  | (4) |
Reductions due to lapse of applicable statute of limitations |  | (38) |  |  | (53) |  |  | (24) |
Gross UTB Balance at December 31 |  | $ | 1,071 |  |  | $ | 1,113 |  |  | $ | 1,167 |
Net UTB that would impact the effective tax rate at December 31 |  | $ | 1,112 |  |  | $ | 1,145 |  |  | $ | 1,178 |

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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32537-109319 + Details
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- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32687-109319 + Details
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- Definition Tabular disclosure for tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities and other income tax contingencies. Includes, but is not limited to, interest and penalties, reconciliation of unrecognized tax benefits, unrecognized tax benefits that would affect the effective tax rate, tax years that remain subject to examination by tax jurisdictions, and information about positions for which it is reasonably possible that amounts unrecognized will significantly change within 12 months. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15A -URI http://asc.fasb.org/extlink&oid=121826272&loc=SL6600010-109319 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32718-109319 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32840-109319 + Details
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