Income Taxes (Tables)

9 Months Ended

Sep. 30, 2024

Income Tax Disclosure [Abstract]

Schedule of Effective Income Tax Rate

A reconciliation of U.S. statutory federal income tax expense to income tax expense follows:

	3ME September 30,				9ME September 30,
(In millions)	2024		2023		2024		2023
U.S statutory federal income tax expense	18		$	55	82		$	61
Increase (decrease) in taxes resulting from:
State and local income taxes, net of federal income tax effects	2		3		5		1
Valuation allowance, net	16		18		46		94
Foreign tax impacts	13		(2)		14		14
Noncontrolling interest	6		5		14		9
Sale of AMECO South America	—		—		—		(10)
Reserve for uncertain tax positions	2		—		(2)		—
Other adjustments	4		—		13		3
Total income tax expense	$	61	$	79	$	172	$	172