XML 130 R113.htm IDEA: XBRL DOCUMENT v3.22.0.1
INCOME TAXES - Income from Continuing Operations before Income Taxes (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income from continuing operations before income taxes:      
U.S.  $ 374 $ 892 $ 684
Foreign 314 239 230
Income from continuing operations before income taxes 688 1,131 914
Currently payable:      
U.S. Federal 145 170 155
State and local 40 33 46
Foreign 93 69 70
Deferred:      
U.S. Federal (57) (9) (23)
State and local (10) 11 (15)
Foreign (1) (5) (3)
Income tax (benefit) expense 210 269 $ 230
Deferred tax assets at December 31:      
Receivables 14 9  
Inventories 17 17  
Other assets, including stock-based compensation 18 17  
Accrued liabilities 58 82  
Noncurrent operating lease liabilities 40 35  
Other long-term liabilities 79 96  
Net operating loss carryforward 26 56  
Tax credit carryforward 11 9  
Total 263 321  
Valuation allowance (17) (35)  
Total 246 286  
Deferred tax liabilities at December 31:      
Property and equipment 62 67  
Operating lease right-of-use assets 43 39  
Intangibles 75 74  
Investment in foreign subsidiaries 10 10  
Other investments 3 3  
Other 16 4  
Total 209 197  
Net deferred tax asset at December 31 $ 37 $ 89