XML 76 R62.htm IDEA: XBRL DOCUMENT v3.21.4
Income Taxes - Reconciliation of Income Tax Expense Computed Using U.S. Statutory Federal Tax Rate to Actual Income Tax Expense (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Amount      
Income tax expense at the U.S. federal statutory tax rate $ 1,585 $ 1,729 $ 1,521
Foreign derived intangible income deduction (170) (170) (122)
Research and development tax credit (118) (97) (148)
Tax deductible dividends (65) (64) (62)
Excess tax benefits for stock-based payment awards (28) (52) (63)
Other, net 31 1 (115)
Total federal and foreign income tax expense $ 1,235 $ 1,347 $ 1,011
Rate      
Income tax expense at the U.S. federal statutory tax rate 21.00% 21.00% 21.00%
Foreign derived intangible income deduction (2.30%) (2.10%) (1.70%)
Research and development tax credit (1.60%) (1.20%) (2.00%)
Tax deductible dividends (0.90%) (0.80%) (0.90%)
Excess tax benefits for stock-based payment awards (0.40%) (0.60%) (0.90%)
Other, net 0.60% 0.10% (1.50%)
Income tax expense 16.40% 16.40% 14.00%
Foreign derived intangible income deduction related to prior year     $ 98