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Income Taxes (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Components of earnings before income taxes      
United States $ (403) $ (205) $ 337
Foreign 509 782 298
Total earnings before income taxes excluding non-controlling interests 106 577 635
Net income attributable to noncontrolling interests 1 2 1
Earnings before income taxes 107 579 636
Current:      
Federal (36) 54 35
Foreign 65 42 33
State and local 5 12 10
Deferred:      
Federal (118) (94) 3
Foreign (1) 5 (7)
State and local (35) (22) (9)
Income tax expense (benefit) (120) (3) 65
Unrealized changes in other comprehensive income 4 8 8
Total income taxes (116) 5 $ 73
Deferred income tax assets:      
Reserves/accruals 80 68  
Research and development capitalization 172 75  
Unrealized loss on investments 21 40  
Deferred earnings of foreign subsidiaries 3 3  
Net operating and capital loss carry-forwards 18 28  
Tax credit carry-forwards 95 22  
Other 10 8  
Gross deferred income tax assets before valuation allowance 399 244  
Less: Valuation allowance 30 33  
Total deferred income tax assets, net of valuation allowance 369 211  
Accrued interest and penalties on uncertain tax positions 10 9  
Unrecognized tax benefits, if recognized, would affect the effective tax rate 49 51  
Deferred income tax liabilities:      
Property, plant and equipment 139 106  
Domestic partnerships 62 59  
Inventory   14  
Foreign basis difference   13  
Other 1 2  
Gross deferred income tax liabilities 202 194  
Net deferred income tax asset $ 167 $ 17  
Income taxes      
Federal income tax rate (as a percent) 21.00% 21.00% 21.00%
Reconciliation of computed expected tax expense excluding non-controlling interest to income tax expense attributable to continuing operations      
Computed "expected" tax expense excluding non-controlling interest $ 22 $ 121 $ 133
Adjustments to tax expense attributable to:      
Foreign tax differences (26) (60) (35)
Tax-exempt income (22) (17) (15)
State income taxes, net of federal benefit (28)    
Foreign entity repatriation   10  
Federal tax credits (67) (57) (39)
Unrecognized tax benefits (1) 7 14
Valuation allowance (3) (7) 6
IRS audit settlement 6    
Other (1)   1
Income tax expense (benefit) (120) (3) 65
Income taxes receivable 67 54  
Income taxes payable 41 18  
Reconciliation of the beginning and ending amount of unrecognized tax benefits      
Balance at the beginning of the year 51 41  
Additions for uncertain tax positions of prior years 2 1  
Decreases for uncertain tax positions of prior years (14) (4)  
Additions for uncertain tax positions of current year 18 23  
Decreases related to audit settlements with taxing authorities (6)    
Lapse of statute of limitations (2) (10)  
Balance at the end of the year 49 51 41
Other commitments      
Funding of long-term investment $ 16 117 98
Minimum      
Reconciliation of the beginning and ending amount of unrecognized tax benefits      
Number of tax years typically subject to examination for major non-US jurisdictions 3 years    
Maximum      
Reconciliation of the beginning and ending amount of unrecognized tax benefits      
Number of tax years typically subject to examination for major non-US jurisdictions 6 years    
Allowance for Deferred Tax Assets:      
Movement in valuation and qualifying accounts      
Balance at beginning of year $ 33 60 55
Charge (credit) to expense (3) (27) 5
Balance at end of year 30 33 60
Renewable biogas recovery and solar facilities      
Other commitments      
Investment tax credits 30    
Solar Renewable Energy Project      
Other commitments      
Funding of long-term investment   52  
Investment tax credits   46  
Marine      
Deferred income tax liabilities:      
Foreign basis difference   13  
Pork      
Reconciliation of the beginning and ending amount of unrecognized tax benefits      
Gross non-taxable revenue related to federal blender's credit 103 79 $ 69
Receivable from the U.S. government related to federal blender's credits included in other receivables 42 $ 53  
Foreign      
Reconciliation of the beginning and ending amount of unrecognized tax benefits      
Net operating loss carry-forwards (NOLs) 35    
Federal      
Reconciliation of the beginning and ending amount of unrecognized tax benefits      
Tax credit carry-forwards 82    
State      
Reconciliation of the beginning and ending amount of unrecognized tax benefits      
Net operating loss carry-forwards (NOLs) 287    
Tax credit carry-forwards $ 40