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Taxes on Income (Theoretical Tax) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Major components of tax expense (income) [abstract]      
Income before taxes on income, as reported in the statements of income $ 636 $ 974 $ 3,404
Statutory tax rate (in Israel) 23.00% 23.00% 23.00%
Theoretical tax expense $ 146 $ 224 $ 783
Add (less) - the tax effect of:      
Surplus Profit Levy Tax 3 62 265
Reduced tax due to tax benefits (12) (17) (95)
Differences deriving from additional deduction and different tax rates applicable to foreign subsidiaries (19) (32) 1
Tax on dividend 6 4 5
Deductible temporary differences and their reversal (including carryforward losses) for which deferred taxes assets were not recorded and non–deductible expenses 29 52 (29)
Taxes in respect of prior years [1] 8 (11) 271
Differences in measurement basis 3 2 (21)
Other Differences 8 3 5
Taxes on income included in the income statements $ 172 $ 287 $ 1,185
[1] For 2022, included the settlement agreement related to surplus profit levy, as described above.