XML 71 R61.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Note 14 - Reportable Segments - Reconciliation of Reportable Segment Net Income (Loss) to Consolidated Net Income (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Net income of reportable segments $ 209 $ 176
Translated earnings contract gain (loss), net (Note 11) 39 (8)
Research, development, and engineering expenses (258) (254)
Amortization of intangibles (30) (31)
Interest expense, net (83) (76)
Provision for income taxes (Note 3) (71) (37)
Other corporate items (74) (8)
Operating Segments [Member]    
Net income of reportable segments 453 465
Impact of constant-currency reporting (1) [1] (283) (189)
Research, development, and engineering expenses [2] (216) (209)
Provision for income taxes (Note 3) [3] 125 128
Operating Segments [Member] | Reportable Segments [Member]    
Net income of reportable segments 463 449
Operating Segments [Member] | Nonreportable Segments [Member]    
Net income of reportable segments (10) 16
Segment Reporting, Reconciling Item, Excluding Corporate Nonsegment [Member]    
Net income of reportable segments 209 176
Impact of constant-currency reporting (1) (226) (149)
Translated earnings contract gain (loss), net (Note 11) 39 (8)
Translation gain on Japanese yen-denominated debt 81 18
Research, development, and engineering expenses [4] (42) (45)
Amortization of intangibles (30) (31)
Interest expense, net (61) (56)
Provision for income taxes (Note 3) 54 91
Restructuring, impairment and other charges and credits 9 (66)
Other corporate items $ (68) $ (43)
[1] This amount primarily represents the impact of foreign currency adjustments in the Display Technologies segment.
[2] Research, development and engineering expenses include direct project spending that is identifiable to a segment.
[3] Income tax (provision) benefit reflects a tax rate of 21%.
[4] Amount does not include research, development, and engineering expense related to restructuring, impairment and other charges and credits.