Income Taxes (Tables)

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

Components of Income (Loss) Before Income Taxes

The components of income before income taxes are as follows:

	Year Ended December 31,
	2022		2021		2020
Domestic	$	2,523	$	2,298	$	233
Foreign	423		379		98
	$	2,946	$	2,677	$	331

Schedule of The Provision For (Benefit From) Income Taxes

The Company's provision for (benefit from) income taxes consist of the following:

	Year Ended December 31,
	2022		2021		2020
Current
Federal	$	473	$	434	$	(208)
State	74		57		6
Foreign	123		93		14
Total current	670		584		(188)
Deferred
Federal	(1)		19		154
State	(14)		13		(13)
Foreign	(6)		(9)		5
Total deferred	(21)		23		146
Total provision for (benefit from) income taxes	$	649	$	607	$	(42)

Reconciliation of Taxes Computed at the Statutory Rate to Income Tax Expense

A reconciliation of taxes computed at the statutory rate to the Company's income tax expense is as follows:

	Year Ended December 31,
	2022		2021		2020
Provision for federal income tax, at statutory rate	$	619	$	563	$	70
State income tax provision, net of federal income tax effect	59		56		2
Foreign income tax rate differential	30		22		2
CARES Act net operating loss carryback tax benefit	—		—		(95)
Noncontrolling interests	(8)		(11)		(9)
Change in valuation allowance	—		(29)		3
U.S. federal research and development credits	(27)		(1)		(2)
Other, net	(24)		7		(13)
Total income tax expense (benefit)	$	649	$	607	$	(42)

Schedule of Deferred Tax Assets And Liabilities

The tax effects of the principal temporary differences between financial reporting and income tax reporting at December 31 are as follows:

	2022		2021
Net operating loss carryforward	$	103	$	96
Credit carryforward	19		23
Operating lease liabilities	149		136
Accruals	96		68
Pension	99		64
Inventories	34		22
Research and experimental expenditures	94		—
Other	18		26
Deferred taxes assets—total	612		435
Property, plant and equipment	(1,301)		(1,134)
Intangibles	(272)		(288)
Operating lease right-of-use asset	(149)		(134)
Turnaround costs	(49)		(27)
Consolidated partnerships	(234)		(256)
Equity method investments	(237)		(223)
Other	(42)		(17)
Deferred tax liabilities—total	(2,284)		(2,079)
Valuation allowance	(47)		(4)
Total net deferred tax liabilities	$	(1,719)	$	(1,648)
Balance sheet classifications
Noncurrent deferred tax asset	$	16	$	33
Noncurrent deferred tax liability	(1,735)		(1,681)
Total net deferred tax liabilities	$	(1,719)	$	(1,648)