XML 52 R24.htm IDEA: XBRL DOCUMENT v3.24.0.1

SUPPLEMENTAL CASH FLOW INFORMATION

12 Months Ended

Dec. 31, 2023

Supplemental Cash Flow Information [Abstract]

Cash Flow, Supplemental Disclosures [Text Block]

SUPPLEMENTAL CASH FLOW INFORMATION

Included in the line item "Other items, net" of the "Operating activities" section of the Consolidated Statements of Cash Flows are specific changes to certain balance sheet accounts as follows:

			For years ended December 31,
(Dollars in millions)			2023						2022						2021
Current assets			$	49					$	22					$	(57)
Other assets			45						12						(32)
Current liabilities			(23)						180						109
Long-term liabilities and equity			83						76						69
Total			$	154					$	290					$	89

The above changes included transactions such as accrued taxes, deferred taxes, environmental liabilities, monetized positions from raw material and energy, currency, and certain interest rate hedges, equity investment dividends, prepaid insurance, miscellaneous deferrals, value-added taxes, and other miscellaneous accruals.

Cash flows from derivative financial instruments accounted for as hedges are classified in the same category as the item being hedged.

Cash paid for interest and income taxes is as follows:

			For years ended December 31,
(Dollars in millions)			2023						2022						2021
Interest, net of amounts capitalized			$	214					$	179					$	170
Income taxes, net of refunds			158						78						122
Non-cash investing activities:
Outstanding trade payables related to capital expenditures			115						64						22

X

- Definition

The entire disclosure for supplemental cash flow activities, including cash, noncash, and part noncash transactions, for the period. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 230
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//230/tableOfContent

+ Details

Name:	us-gaap_CashFlowSupplementalDisclosuresTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SupplementalCashFlowInformationAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration