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Note 16 - Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2024
Notes Tables |
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] |
|  | 2024 |  |  | 2023 |  |  | 2022 |
Current |  |  |  |  |  |  |  |  |  |  |  |
U.S. federal and state |  | $ | 16 |  |  | $ | 38 |  |  | $ | 19 |
Non-U.S. |  |  | 152 |  |  |  | 187 |  |  |  | 112 |
Total current |  |  | 168 |  |  |  | 225 |  |  |  | 131 |
Deferred |  |  |  |  |  |  |  |  |  |  |  |
U.S. federal and state |  |  | (37 | ) |  |  | (94 | ) |  |  | 160 |
Non-U.S. |  |  | 8 |  |  |  | (10 | ) |  |  | (7 | )
Total deferred |  |  | (29 | ) |  |  | (104 | ) |  |  | 153 |
Total expense |  | $ | 139 |  |  | $ | 121 |  |  | $ | 284 |
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block] |
|  | 2024 |  |  | 2023 |  |  | 2022 |
U.S. operations |  | $ | (312 | ) |  | $ | (246 | ) |  | $ | (343 | )
Non-U.S. operations |  |  | 392 |  |  |  | 424 |  |  |  | 312 |
Earnings (loss) before income taxes |  | $ | 80 |  |  | $ | 178 |  |  | $ | (31 | )
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] |
|  | 2024 |  |  | 2023 |  |  | 2022 |
|  | $ |  |  | % |  |  | $ |  |  | % |  |  | $ |  |  | % |
U.S. federal income tax rate |  |  | 16 |  |  |  | 21 |  |  |  | 37 |  |  |  | 21 |  |  |  | (7 | ) |  |  | 21 |
Adjustments resulting from: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
State and local income taxes, net of federal benefit |  |  | 1 |  |  |  | 1 |  |  |  | (5 | ) |  |  | (3 | ) |  |  | (6 | ) |  |  | 19 |
Non-U.S. income / expense |  |  | 16 |  |  |  | 20 |  |  |  | 35 |  |  |  | 20 |  |  |  | (2 | ) |  |  | 7 |
Credits and tax incentives |  |  | 13 |  |  |  | 16 |  |  |  | 9 |  |  |  | 5 |  |  |  | (27 | ) |  |  | 87 |
U.S. tax and withholding tax on non-US earnings |  |  | 41 |  |  |  | 51 |  |  |  | 41 |  |  |  | 23 |  |  |  | 42 |  |  |  | (135 | )
Intercompany sale of certain operating assets |  |  |  |  |  |  |  |  |  |  | (54 | ) |  |  | (30 | ) |  |  | (1 | ) |  |  | 3 |
Settlement and return adjustments |  |  | 4 |  |  |  | 5 |  |  |  | 23 |  |  |  | 13 |  |  |  | (7 | ) |  |  | 23 |
Enacted change in tax rates |  |  | 3 |  |  |  | 4 |  |  |  |  |  |  |  |  |  |  |  | (4 | ) |  |  | 13 |
Goodwill impairment |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 47 |  |  |  | (151 | )
Miscellaneous items |  |  | 3 |  |  |  | 3 |  |  |  | 7 |  |  |  | 4 |  |  |  | (6 | ) |  |  | 19 |
Valuation allowance adjustments |  |  | 42 |  |  |  | 53 |  |  |  | 28 |  |  |  | 15 |  |  |  | 255 |  |  |  | (822 | )
Effective income tax rate |  |  | 139 |  |  |  | 174 |  |  |  | 121 |  |  |  | 68 |  |  |  | 284 |  |  |  | (916 | )
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] |
|  | 2024 |  |  | 2023 |
Net operating loss carryforwards |  | $ | 272 |  |  | $ | 218 |
Postretirement benefits, including pensions |  |  | 53 |  |  |  | 65 |
Research and development costs |  |  | 269 |  |  |  | 238 |
Expense accruals |  |  | 104 |  |  |  | 65 |
Other tax credits recoverable |  |  | 209 |  |  |  | 217 |
Capital loss carryforwards |  |  | 43 |  |  |  | 53 |
Inventory reserves |  |  | 44 |  |  |  | 37 |
Postemployment and other benefits |  |  | 4 |  |  |  | 5 |
Intangibles |  |  | 50 |  |  |  | 56 |
Leasing activities |  |  | 86 |  |  |  | 77 |
Other |  |  | 110 |  |  |  | 75 |
Total |  |  | 1,244 |  |  |  | 1,106 |
Valuation allowances |  |  | (667 | ) |  |  | (550 | )
Deferred tax assets |  |  | 577 |  |  |  | 556 |
Unremitted earnings |  |  | (35 | ) |  |  | (16 | )
Depreciation |  |  | (36 | ) |  |  | (58 | )
Deferred tax liabilities |  |  | (71 | ) |  |  | (74 | )
Net deferred tax assets |  | $ | 506 |  |  | $ | 482 |
Summary of Operating Loss Carryforwards [Table Text Block] |
|  | Deferred |  |  |  |  |  |  |  |  |  | Earliest |
|  | Tax |  |  | Valuation |  |  | Carryforward |  |  | Year of |
|  | Asset |  |  | Allowance |  |  | Period |  |  | Expiration |
Net operating losses |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. state |  | $ | 51 |  |  | $ | (51 | ) |  | Various |  |  | 2025 |
Brazil |  |  | 10 |  |  |  | (4 | ) |  | Unlimited |  |  |  |
France |  |  | 5 |  |  |  | (5 | ) |  | Unlimited |  |  |  |
Australia |  |  | 14 |  |  |  |  |  |  | Unlimited |  |  |  |
Italy |  |  | 19 |  |  |  | (19 | ) |  | Unlimited |  |  |  |
Germany |  |  | 4 |  |  |  | (4 | ) |  | Unlimited |  |  |  |
Sweden |  |  | 8 |  |  |  | (8 | ) |  | Unlimited |  |  |  |
South Africa |  |  | 7 |  |  |  | (7 | ) |  | Unlimited |  |  |  |
U.K. |  |  | 21 |  |  |  | (21 | ) |  | Unlimited |  |  |  |
Luxembourg |  |  | 68 |  |  |  | (68 | ) |  | Various |  |  | 2035 |
Canada |  |  | 64 |  |  |  | (58 | ) |  | 20 |  |  | 2027 |
China |  |  | 1 |  |  |  | (1 | ) |  | 5 |  |  | 2026 |
Total |  | $ | 272 |  |  | $ | (246 | ) |  |  |  |  |  |
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block] |
|  | 2024 |  |  | 2023 |  |  | 2022 |
Balance, beginning of period |  | $ | 112 |  |  | $ | 102 |  |  | $ | 126 |
Decrease related to expiration of statute of limitations |  |  | (7 | ) |  |  | (8 | ) |  |  | (6 | )
Decrease related to prior years tax positions |  |  | (6 | ) |  |  | (5 | ) |  |  | (43 | )
Decrease related to settlements |  |  | (4 | ) |  |  |  |  |  |  |  |
Increase related to prior years tax positions |  |  | 4 |  |  |  | 5 |  |  |  | 7 |
Increase related to current year tax positions |  |  | 13 |  |  |  | 18 |  |  |  | 18 |
Balance, end of period |  | $ | 112 |  |  | $ | 112 |  |  | $ | 102 |

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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://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-9 + Details
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- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 231 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482663/740-10-55-231 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12A Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12 + Details
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