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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2017
Income Tax Disclosure [Abstract] |
Geographic Allocation of Income and Provision for Income Taxes |
| Geographic Allocation of Income and Provision for Income Taxes | Successor | Predecessor
| (In millions) | For the Period September 1 through December 31, 2017 | For the Period January 1 through August 31, 2017 | Year Ended 2016 | Year Ended 2015
| (Loss) Income from continuing operations before income taxes |  |  |  |
| Domestic | $ | (811 | ) | $ | 409 |  | $ | 1,415 |  | $ | 1,301 |
| Foreign | (775 | ) | 1,382 |  | 1,308 |  | 721 |
| (Loss) Income from continuing operations before income taxes | $ | (1,586 | ) | $ | 1,791 |  | $ | 2,723 |  | $ | 2,022 |
| Current tax expense (benefit) |  |  |  |
| Federal | $ | 216 |  | $ | (563 | ) | $ | 4 |  | $ | 155 |
| State and local | 22 |  | (11 | ) | 9 |  | 2 |
| Foreign | 187 |  | 282 |  | 539 |  | 420 |
| Total current tax expense (benefit) | $ | 425 |  | $ | (292 | ) | $ | 552 |  | $ | 577 |
| Deferred tax (benefit) expense |  |  |  |
| Federal | $ | (2,790 | ) | $ | 476 |  | $ | 22 |  | $ | 135 |
| State and local | (48 | ) | (8 | ) | (29 | ) | 4 |
| Foreign | (260 | ) | (27 | ) | 96 |  | (141 | )
| Total deferred tax (benefit) expense | $ | (3,098 | ) | $ | 441 |  | $ | 89 |  | $ | (2 | )
| (Benefit from) Provision for income taxes on continuing operations | (2,673 | ) | 149 |  | 641 |  | 575 |
| Net Income from continuing operations | $ | 1,087 |  | $ | 1,642 |  | $ | 2,082 |  | $ | 1,447 |
Reconciliation to US Statutory Rate |
| Reconciliation to U.S. Statutory Rate | Successor | Predecessor
|  | For the Period September 1 through December 31, 2017 | For the Period January 1 through August 31, 2017 | Year Ended 2016 | Year Ended 2015
| Statutory U.S. federal income tax rate | 35.0 | % | 35.0 | % | 35.0 | % | 35.0 | %
| Equity earning effect | 0.9 |  | (0.5 | ) | (0.8 | ) | (0.7 | )
| Lower effective tax rates on international operations - net | (9.5 | ) | (11.4 | ) | (9.2 | ) | (9.7 | )
| Acquisitions, divestitures and ownership restructuring activities 1, 2 | 15.8 |  | 5.2 |  | 1.9 |  | (0.2 | )
| U.S. research and development credit | 0.4 |  | (0.8 | ) | (0.7 | ) | (1.5 | )
| Exchange gains/losses 3 | (1.8 | ) | (12.9 | ) | 1.9 |  | 10.2 |
| Impact of U.S. Tax Reform | 126.1 |  |  |  |  |  |  |
| Excess tax benefits from stock compensation 4 | 0.1 |  | (1.7 | ) |  |  |  |
| Tax settlements and expiration of statute of limitations 5 | — |  | (3.8 | ) | (1.1 | ) | (1.5 | )
| Other - net | 1.5 |  | (0.8 | ) | (3.5 | ) | (3.2 | )
| Effective tax rate | 168.5 | % | 8.3 | % | 23.5 | % | 28.4 | %
1. | See Notes 3 and 4 for additional information.
2. | Includes a net tax benefit of $261 million related to an internal legal entity restructuring associated with the Intended Business Separations.
3. | Principally reflects the impact of foreign exchange gains and losses on net monetary assets for which no corresponding tax impact is realized. Further information about the company's foreign currency hedging program is included in Note 6 and Note 18 under the heading Foreign Currency Risk.
4. | Reflects the impact of the adoption of Accounting Standards Update ("ASU") 2016-09, which resulted in the recognition of excess tax benefits related to equity compensation in the (benefit from) provision for income taxes on continuing operations. See Note 2 for additional information.
5. | The period January 1 through August 31, 2017 includes a tax benefit of $53 million for accrued interest reversals (recorded in sundry income - net).
Deferred Tax Balances |
Deferred Tax Balances at December 31 | 2017 (Successor) | 2016 (Predecessor)
(In millions) | Assets | Liabilities | Assets | Liabilities
Property | $ | — |  | $ | 1,160 |  | $ | — |  | $ | 742 |
Tax loss and credit carryforwards | 1,690 |  | — |  | 1,808 |  | — |
Accrued employee benefits | 1,988 |  | 68 |  | 4,529 |  | 410 |
Other accruals and reserves | 333 |  | 39 |  | 617 |  | 222 |
Intangibles | 284 |  | 6,286 |  | 210 |  | 1,345 |
Inventory | 130 |  | 597 |  | 163 |  | 138 |
Long-term debt | 109 |  | — |  | — |  | — |
Investments | 23 |  | 453 |  | 126 |  | 230 |
Unrealized exchange gains/losses | — |  | 71 |  | — |  | 346 |
Other – net | 260 |  | 121 |  | 257 |  | 86 |
Subtotal | $ | 4,817 |  | $ | 8,795 |  | $ | 7,710 |  | $ | 3,519 |
Valuation allowances | (1,378 | ) | — |  | (1,308 | ) | — |
Total | $ | 3,439 |  | $ | 8,795 |  | $ | 6,402 |  | $ | 3,519 |
Net Deferred Tax (Liability) Asset | $ | (5,356 | ) |  | $ | 2,883 |  |
Operating Loss and Tax Credit Carryforwards [Table Text Block] |
Operating Loss and Tax Credit Carryforwards | Deferred Tax Asset
(In millions) | 2017 (Successor) | 2016 (Predecessor)
Operating loss carryforwards |  |
Expire within 5 years | $ | 42 |  | $ | 41 |
Expire after 5 years or indefinite expiration | 1,483 |  | 1,482 |
Total operating loss carryforwards | $ | 1,525 |  | $ | 1,523 |
Tax credit carryforwards |  |
Expire within 5 years | $ | 10 |  | $ | 10 |
Expire after 5 years or indefinite expiration | 155 |  | 275 |
Total tax credit carryforwards | $ | 165 |  | $ | 285 |
Total Operating Loss and Tax Credit Carryforwards | $ | 1,690 |  | $ | 1,808 |
Total Gross Unrecognized Tax Benefits |
Total Gross Unrecognized Tax Benefits | Successor | Predecessor
| For the Period September 1 through December 31, 2017 | For the Period January 1 through August 31, 2017 | Year Ended 2016 | Year Ended 2015
(In millions)
Total unrecognized tax benefits as of beginning of period | $ | 436 |  | $ | 348 |  | $ | 558 |  | $ | 735 |
Decreases related to positions taken on items from prior years | (2 | ) | (19 | ) | (41 | ) | (98 | )
Increases related to positions taken on items from prior years | 9 |  | 3 |  | 32 |  | 13 |
Increases related to positions taken in the current year | 19 |  | 19 |  | 32 |  | 32 |
Settlement of uncertain tax positions with tax authorities | 1 |  | (6 | ) | (205 | ) | (58 | )
Decreases due to expiration of statutes of limitations | (5 | ) | (81 | ) | (30 | ) | (30 | )
Exchange loss (gain) | 1 |  | 1 |  | 2 |  | (36 | )
Total unrecognized tax benefits as of end of period | $ | 459 |  | $ | 265 |  | $ | 348 |  | $ | 558 |
Total unrecognized tax benefits that, if recognized, would impact the effective tax rate | $ | 76 |  | $ | 188 |  | $ | 253 |  | $ | 386 |
Total amount of interest and penalties (benefit) recognized in Provision for income taxes on continuing operations | $ | 1 |  | $ | (27 | ) | $ | 10 |  | $ | (14 | )
Total accrual for interest and penalties associated with unrecognized tax benefits | $ | 25 |  | $ | 22 |  | $ | 71 |  | $ | 88 |
Tax Year Subject to Examination |
Tax Years Subject to Examination by Major Tax Jurisdiction at Dec 31, | Earliest Open Year
Jurisdiction
Brazil | 2012
Canada | 2011
China | 2014
Denmark | 2003
Germany | 2006
India | 2001
The Netherlands | 2014
Switzerland | 2012
United States: |
Federal income tax | 2012
State and local income tax | 2004

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