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Note 17 - Income Taxes - Effective Tax Rate Reconciliation (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
U.S. federal income tax rate, amount $ (7) $ 51 $ (3)
U.S. federal income tax rate, percent 21.00% 21.00% 21.00%
State & local income taxes, net of federal benefit, amount $ (6) $ 6
State & local income taxes, net of federal benefit, percent 19.00% (46.00%)
Non-US income / expense, amount $ (2) $ 15 $ (5)
Non-US income / expense, percent 7.00% 6.00% 39.00%
Credits & tax incentives, amount $ (27) $ 1 $ (55)
Credits & tax incentives, percent 87.00% 423.00%
US foreign derived intangible income, amount $ (1) $ (24)
US foreign derived intangible income, percent 185.00%
US tax & withholding tax on non-US earnings, amount $ 42 $ 14 $ 20
US tax & withholding tax on non-US earnings, percent (135.00%) 6.00% (154.00%)
Intercompany sale of certain operating assets, amount $ (1) $ (1) $ 27
Intercompany sale of certain operating assets, percent 3.00% (207.00%)
Settlement and return adjustments, amount $ (7) $ 5 $ 3
Settlement and return adjustments, percent 23.00% 2.00% (23.00%)
Enacted change in tax rates, amount $ (4) $ (5) $ (2)
Enacted change in tax rates, percent 13.00% (2.00%) 15.00%
Mexican non-deductible cost of goods sold, amount $ 17
Mexican non-deductible cost of goods sold, percentage (130.00%)
Goodwill impairment, amount $ 47 $ 8
Goodwill impairment, percentage (151.00%) (61.00%)
Miscellaneous items, amount $ (6) $ (7) $ 6
Miscellaneous items, percent 19.00% (3.00%) (46.00%)
Valuation allowance adjustments, amount $ 255 $ 60
Valuation allowance adjustments, percent (822.00%) (462.00%)
Total expense $ 284 $ 72 $ 58
Effective income tax rate, percent (916.00%) 30.00% (446.00%)