XML 37 R28.htm IDEA: XBRL DOCUMENT
v3.22.2

Income Taxes (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2022
Income Tax Disclosure [Abstract] |
Schedule of Components of Income Tax Expense (Benefit) | The following summarizes components of income tax benefit (expense) on continuing operations for the three and six months ended June 30, 2022 and 2021:
| Three months ended June 30, |  | Six months ended June 30,
millions | 2022 |  | 2021 |  | 2022 |  | 2021
Income from continuing operations before income taxes | $ | 4,986 |  |  | $ | 143 |  |  | $ | 8,069 |  |  | $ | 458 |
Current |  |  |  |  |  |  |
Federal | $ | (640) |  |  | $ | (30) |  |  | $ | (855) |  |  | $ | — |
State and Local | (50) |  |  | 21 |  |  | (84) |  |  | 11 |
Foreign | (338) |  |  | (165) |  |  | (536) |  |  | (282) |
Total current tax expense | $ | (1,028) |  |  | $ | (174) |  |  | $ | (1,475) |  |  | $ | (271) |
Deferred |  |  |  |  |  |  |
Federal | (231) |  |  | (62) |  |  | 1,982 |  |  | 16 |
State and Local | 5 |  |  | 79 |  |  | 78 |  |  | 83 |
Foreign | 23 |  |  | 114 |  |  | (23) |  |  | 113 |
Total deferred tax benefit (expense) | $ | (203) |  |  | $ | 131 |  |  | $ | 2,037 |  |  | $ | 212 |
Total income tax benefit (expense) | $ | (1,231) |  |  | $ | (43) |  |  | $ | 562 |  |  | $ | (59) |
Income from continuing operations | $ | 3,755 |  |  | $ | 100 |  |  | $ | 8,631 |  |  | $ | 399 |
Worldwide effective tax rate | 25 | % |  | 30 | % |  | (7) | % |  | 13 | %

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32639-109319 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration