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Income Taxes
6 Months Ended
Jun. 30, 2022
Income Tax Disclosure [Abstract]  
Income Taxes Income TaxesThe effective tax rate on earnings (loss) from Cont Ops was 30.7% for the 2022 Quarter and 32.8% for the 2022 Period compared to (1.9)% and (3.5)% for the corresponding periods of 2021. A reconciliation of U.S. statutory federal income tax expense (benefit) to income tax expense follows:
3ME
 June 30
6ME
June 30
(In millions)2022202120222021
U.S statutory federal income tax expense (benefit)$22 $(19)$40 $(29)
Increase (decrease) in taxes resulting from:
State and local income taxes— — 
Valuation allowance, net20 10 35 21 
Foreign tax impact(13)(10)11 
Noncontrolling interest(2)(3)(4)
Other— — 
Total income tax expense (benefit)$32 $$63 $