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Income Taxes (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income/(Loss) before income taxes (in millions)      
Income/(Loss) before income taxes $ 3,967 $ (3,016) $ 17,780
Current Federal Tax Expense (Benefit) 62 68 102
Current      
Non-U.S. 948 781 598
State and local 229 123 26
Total current 1,239 972 726
Deferred      
Federal (413) (2,292) 2,290
Non-U.S. (1,149) 688 (3,254)
State and local (39) (232) 108
Total deferred (1,601) (1,836) (856)
Provision for/(Benefit from) income taxes (Note 7) $ (362) $ (864) $ (130)
Reconciliation of effective tax rate      
U.S. statutory tax rate 21.00% 21.00% 21.00%
Non-U.S. tax rate differential (3.40%) (8.70%) 1.30%
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent 1.90% 2.30% 0.50%
General business credits (15.90%) 13.00% (2.30%)
Nontaxable Foreign Currency Gains and Losses 0.00% (4.20%) 0.00%
Effective Income Tax Rate Reconciliation, Disposition of Business, Percent (14.70%) (7.00%) (18.80%)
Effective Income Tax Rate Reconciliation Foreign Operations Taxed In United States 7.70% 2.80% 2.40%
Prior year settlements and claims 1.20% 1.50% (0.30%)
Effective Income Tax Rate Reconciliation, Export Incentives, Percent (3.90%) 2.00% (0.60%)
Enacted change in tax laws 0.10% (2.00%) 1.10%
Valuation allowances (0.70%) 6.20% (4.70%)
Other (2.40%) 1.70% (0.30%)
Effective tax rate (9.10%) 28.60% (0.70%)
Undistributed Foreign Earnings, Deferred Taxes Not Provided $ 14,500    
Deferred tax assets      
Employee benefit plans 2,470 $ 1,953  
Deferred Tax Assets, Operating Loss Carryforwards 7,262 6,809  
Net operating loss carryforwards 7,262 6,809  
Tax credit carryforwards 8,944 9,354  
Research expenditures 3,799 3,240  
Dealer and dealers’ customer allowances and claims 2,752 2,192  
Other foreign deferred tax assets 3,456 3,107  
All other 2,299 2,201  
Total gross deferred tax assets 30,982 28,856  
Less: Valuation allowances (4,187) (4,052)  
Total net deferred tax assets 26,795 24,804  
Deferred tax liabilities      
Leasing transactions 3,253 2,992  
Depreciation and amortization (excluding leasing transactions) 3,389 3,116  
Finance receivables 699 792  
Deferred Tax Liabilities, Investments 0 487  
Other foreign deferred tax liabilities 1,255 1,110  
All other 2,219 2,304  
Total deferred tax liabilities 10,815 10,801  
Net deferred tax assets/(liabilities) 26,795 24,804  
Deferred Tax Assets, Valuation Allowance 4,187 4,052  
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount   (405) $ (918)
Operating Loss Carryforwards 22,000    
Tax Credit Carryforwards 8,900    
Reconciliation of Unrecognized Tax Benefits [Roll Forward]      
Beginning balance 2,939 2,910  
Increase – tax positions in prior periods 103 338  
Increase – tax positions in current period 45 17  
Decrease – tax positions in prior periods (79) (236)  
Unrecognized Tax Benefits, Decrease Resulting from Settlements with Taxing Authorities (115) (2)  
Lapse of statute of limitations (33) (1)  
Unrecognized Tax Benefits, Increase Resulting from Foreign Currency Translation 53    
Unrecognized Tax Benefits, Decrease Resulting from Foreign Currency Translation   (87)  
Ending balance 2,913 2,939 2,910
Unrecognized Tax Benefits that Would Impact Effective Tax Rate 2,900 2,900  
Unrecognized Tax Benefits, Interest on Income Taxes Expense 16 23 (7)
Unrecognized Tax Benefits, Interest on Income Taxes Accrued   17  
Income Taxes Paid, Net $ 1,027 801 568
Tax Credit Carryforward Remaining Carryforward Period 9 years    
Deferred Tax Assets, Net $ 15,980 14,003  
Change in Deferred Tax Not Recognized, Undistributed Earnings of Foreign Subsidiaries, Due to Restructuring 610   2,900
Unrecognized Tax Benefits, Interest on Income Taxes Receivable 25    
UNITED STATES      
Income/(Loss) before income taxes (in millions)      
Income/(Loss) before income taxes 3,395 (6,548) 10,043
Non-US      
Income/(Loss) before income taxes (in millions)      
Income/(Loss) before income taxes 572 $ 3,532 $ 7,737
OperatingLossCarryforwardNotSubjectToExpiration [Member]      
Deferred tax liabilities      
Operating Loss Carryforwards $ 6,100