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(Schedule of Deferred Tax Assets and Liabilities) (Details) - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Income Tax Disclosure [Abstract]    
Postretirement benefit accruals $ 67 $ 68
Pension obligations 61 18
Tax credits 182 175
Net operating and capital loss carryforwards 699 568
Compensation reserves 146 151
Lease obligations 116 108
Environmental reserves 114 119
Other 319 271
Gross deferred income tax assets 1,704 1,478
Less: valuation allowance (a) [1] (848) (677)
Net deferred income tax asset 856 801
Intangibles (141) (147)
Investments (3) (2)
Right of use assets (116) (108)
Plants, properties and equipment (1,650) (1,778)
Forestlands, related installment sales, and investment in subsidiary (485) (485)
Gross deferred income tax liabilities (2,389) (2,520)
Net deferred income tax liability $ (1,533) $ (1,719)
[1] The net change in the total valuation allowance for the years ended December 31, 2023 and 2022 was an increase of $171 million and a decrease of $(31) million, respectively.