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INCOME TAXES - Schedule of Components of Income Tax Benefit (Expense) (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Earnings (loss) before income taxes          
United States     $ (294) $ 9 $ (158)
Foreign     107 584 (1,069)
Earnings (loss) before income taxes     (188) 593 (1,227)
Income tax (benefit) expense computed at United States statutory rate     (39) 125 (258)
U.S. government tax incentives     (19) (20) (19)
Foreign government tax incentives, including BEFIEX     (31) (30) (23)
Foreign tax rate differential     26 41 (3)
U.S. foreign tax credits     (65) (43) 11
Valuation allowances     395 78 222
State and local taxes, net of federal tax benefit     (56) (43) (21)
Foreign withholding taxes     16 13 52
U.S. tax on foreign dividends and subpart F income     (57) 36 22
Settlement of global tax audits     32 43 3
Changes in enacted tax rates     10 1 (2)
Nondeductible loss on sale     56 5 421
Nondeductible fines and penalties     0 18 59
Legal entity debt restructuring     (3) 0 (159)
Divestiture tax impact     239 0 0
Legal entity restructuring tax impact $ (721) $ (170) (721) (170) 0
Expiration/Forfeiture of net operating losses     143 5 0
Foreign currency impacts     33 (23) (23)
Non-deductible expenses     46 31 22
Other items, net     5 10 (39)
Total income tax expense     $ 10 $ 77 $ 265