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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2020
Income Tax Disclosure [Abstract] |
Components of Income (Loss) Before Income Taxes | The components of income before income taxes are as follows:
|  | Year Ended December 31,
|  | 2020 |  | 2019 |  | 2018
Domestic |  | $ | 233 |  |  | $ | 460 |  |  | $ | 1,087 |
Foreign |  | 98 |  |  | 110 |  |  | 247 |
|  | $ | 331 |  |  | $ | 570 |  |  | $ | 1,334 |
Schedule of The Provision For (Benefit From) Income Taxes | The Company's provision for (benefit from) income taxes consists of the following:
|  | Year Ended December 31,
|  | 2020 |  | 2019 |  | 2018
Current |  |  |  |  |  |
Federal |  | $ | (208) |  |  | $ | 20 |  |  | $ | 158 |
State |  | 6 |  |  | 9 |  |  | 28 |
Foreign |  | 14 |  |  | 25 |  |  | 52 |
Total current |  | (188) |  |  | 54 |  |  | 238 |
Deferred |  |  |  |  |  |
Federal |  | 154 |  |  | 69 |  |  | 59 |
State |  | (13) |  |  | 11 |  |  | (2) |
Foreign |  | 5 |  |  | (26) |  |  | 5 |
Total deferred |  | 146 |  |  | 54 |  |  | 62 |
Total provision for (benefit from) income taxes |  | $ | (42) |  |  | $ | 108 |  |  | $ | 300 |
Reconciliation of Taxes Computed at the Statutory Rate to Income Tax Expense | A reconciliation of taxes computed at the statutory rate to the Company's income tax expense is as follows:
|  | Year Ended December 31,
|  | 2020 |  | 2019 |  | 2018
Provision for federal income tax, at statutory rate |  | $ | 70 |  |  | $ | 120 |  |  | $ | 280 |
State income tax provision, net of federal income tax effect |  | 2 |  |  | 10 |  |  | 28 |
Foreign income tax rate differential |  | 2 |  |  | (6) |  |  | 14 |
CARES Act net operating loss carryback tax benefit |  | (95) |  |  | — |  |  | — |
Depletion |  | (5) |  |  | (5) |  |  | (4) |
Noncontrolling interests |  | (9) |  |  | (8) |  |  | (6) |
Change in valuation allowance |  | 3 |  |  | (17) |  |  | (9) |
Changes in state apportionment and other state adjustments |  | (7) |  |  | 11 |  |  | (6) |
Other, net |  | (3) |  |  | 3 |  |  | 3 |
Total income tax expense (benefit) |  | $ | (42) |  |  | $ | 108 |  |  | $ | 300 |
Schedule of Deferred Tax Assets And Liabilities | The tax effects of the principal temporary differences between financial reporting and income tax reporting at December 31 are as follows:
|  | 2020 |  | 2019
Net operating loss carryforward |  | $ | 105 |  |  | $ | 209 |
Credit carryforward |  | 25 |  |  | 25 |
Operating lease liabilities |  | 113 |  |  | 96 |
Accruals |  | 63 |  |  | 65 |
Pension |  | 90 |  |  | 83 |
Inventories |  | 13 |  |  | 20 |
Other |  | 43 |  |  | 26 |
Deferred taxes assets—total |  | 452 |  |  | 524 |
Property, plant and equipment |  | (1,080) |  |  | (1,017) |
Intangibles |  | (137) |  |  | (156) |
Operating lease right-of-use asset |  | (112) |  |  | (95) |
Turnaround costs |  | (17) |  |  | (21) |
Consolidated partnerships |  | (181) |  |  | (194) |
Equity method investments |  | (227) |  |  | (220) |
Other |  | (18) |  |  | (18) |
Deferred tax liabilities—total |  | (1,772) |  |  | (1,721) |
Valuation allowance |  | (33) |  |  | (30) |
Total net deferred tax liabilities |  | $ | (1,353) |  |  | $ | (1,227) |
Balance sheet classifications |  |  |  |
Noncurrent deferred tax asset |  | $ | 15 |  |  | $ | 28 |
Noncurrent deferred tax liability |  | (1,368) |  |  | (1,255) |
Total net deferred tax liabilities |  | $ | (1,353) |  |  | $ | (1,227) |

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- 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 http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319 + Details
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