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Other Financial Information (Tables) | 12 Months Ended
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Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Schedule of Other Financial Information |
Other financial information is as follows: |  |  |  |  |  |
| Year ended December 31
| 2021 |  |  | 2020 |  | 2019
Total financing interest and debt costs | $ | 775 |  |  |  | $ | 735 |  |  | $ | 817 |
Less: Capitalized interest | 63 |  |  |  | 38 |  |  | 19 |
Interest and debt expense | $ | 712 |  |  |  | $ | 697 |  |  | $ | 798 |
Research and development expenses | $ | 268 |  |  |  | $ | 435 |  |  | $ | 500 |
Excess of replacement cost over the carrying value of inventories (LIFO method) | $ | 5,588 |  |  |  | $ | 2,749 |  |  | $ | 4,513 |
LIFO profits (losses) on inventory drawdowns included in earnings | $ | 35 |  |  |  | $ | (147) |  |  | $ | (9) |
Foreign currency effects* | $ | 306 |  |  |  | $ | (645) |  |  | $ | (304) |
* Includes $180, $(152) and $(28) in 2021, 2020 and 2019, respectively, for the company’s share of equity affiliates’ foreign currency effects.

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