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Taxes on Income (Theoretical Tax) (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Major components of tax expense (income) [abstract]      
Income before taxes on income, as reported in the statements of income $ 974 $ 3,404 $ 1,092
Statutory tax rate (in Israel) 23.00% 23.00% 23.00%
Theoretical tax expense $ 224 $ 783 $ 251
Add (less) - the tax effect of:      
Surplus Profit Levy Tax 62 265 0
Reduced tax due to tax benefits (17) (95) (64)
Differences deriving from additional deduction and different tax rates applicable to foreign subsidiaries (32) 1 (10)
Tax on dividend 4 5 3
Deductible temporary differences and their reversal (including carryforward losses) for which deferred taxes assets were not recorded and non–deductible expenses 52 (29) (8)
Taxes in respect of prior years [1] (11) 271 93
Differences in measurement basis 2 (21) (8)
Other Differences 3 5 3
Taxes on income included in the income statements $ 287 $ 1,185 $ 260
[1] For 2022, included the settlement agreement related to surplus profit levy, as described above.