XML 83 R65.htm IDEA: XBRL DOCUMENT v3.24.4
Income Taxes - Reconciliation of Income Tax Expense Computed Using U.S. Statutory Federal Tax Rate to Actual Income Tax Expense (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Amount      
Income tax expense at the U.S. federal statutory tax rate $ 1,306 $ 1,701 $ 1,403
Foreign derived intangible income deduction (210) (185) (176)
Research and development tax credit (207) (227) (178)
Tax deductible dividends (69) (69) (67)
Excess tax benefits for stock-based payment awards (20) (25) (42)
Other, net (a) 84 (17) 8
Total federal and foreign income tax expense $ 884 $ 1,178 $ 948
Rate      
Income tax expense at the U.S. federal statutory tax rate 21.00% 21.00% 21.00%
Foreign derived intangible income deduction (3.40%) (2.30%) (2.60%)
Research and development tax credit (3.30%) (2.80%) (2.70%)
Tax deductible dividends (1.10%) (0.90%) (1.00%)
Excess tax benefits for stock-based payment awards (0.30%) (0.30%) (0.60%)
Other, net (a) 1.30% (0.20%) 0.10%
Income tax expense 14.20% 14.50% 14.20%