XML 58 R40.htm IDEA: XBRL DOCUMENT v3.25.0.1
Discontinued Operations (Tables)
 12 Months Ended
Dec. 31, 2024
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Disposal Groups, Including Discontinued Operations
Information regarding net income (loss) from discontinued operations, net of taxes includes the following:
Net Income (Loss) from Discontinued Operations, Net of Taxes (millions)
202420232022
Net sales
$1,987$8,071$8,068
Cost of sales8443,4943,379
Other operating expenses
8373,0162,519
Other expense (income), net
44(22)(18)
Income (loss) from discontinued operations before income taxes
2621,5832,188
Provision for income taxes
98176424
Net income (loss) from discontinued operations, net of taxes
$164$1,407$1,764
Major classes of assets and liabilities of discontinued operations include the following:
Assets and Liabilities of Discontinued Operations (millions)
December 31, 2023
Assets
Cash and cash equivalents$198 
Marketable securities — current3 
Accounts receivable — net 1,149 
Inventories878 
Other current assets151 
Current assets of discontinued operations2,379 
Property, plant and equipment — net1,469 
Operating lease right of use assets102 
Goodwill6,545 
Intangible assets — net2,903 
Other assets324 
Non-current assets of discontinued operations$11,343 
Liabilities
Accounts payable$469 
Accrued payroll209 
Accrued income taxes61 
Operating lease liabilities — current33 
Other current liabilities951 
Current liabilities of discontinued operations1,723 
Pension and postretirement benefits315 
Operating lease liabilities70 
Other liabilities301 
Non-current liabilities of discontinued operations$686 
Cash flows related to discontinued operations have not been segregated, and are included in the Consolidated Statement of Cash Flows for all periods presented. Selected financial information related to cash flows from discontinued operations is below.
Selected Cash Flow Information from Discontinued Operations (millions)
202420232022
Depreciation and amortization$139 $554 $577
Purchases of property, plant and equipment (PP&E)77 227 272