v3.25.0.1
Income Taxes Income Taxes - Deferred Tax Balances (Details) - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Assets    
Deferred Tax Assets, Property, Plant and Equipment $ 0 $ 0
Total Operating Loss and Tax Credit Carryforwards [1] 552 539
Deferred Tax Assets, Accrued Employee Benefits 671 703
Deferred Tax Assets, Other Accruals and Reversals 590 603
Deferred Tax Assets, Inventory 184 193
Deferred Tax Assets, Research and Development Capitalization 761 607
Deferred Tax Assets, Investments 69 39
Unrealized Exchange Gains / Losses 0 0
Deferred Tax Assets, Other 40 55
Deferred Tax Assets, Gross 2,867 2,739
Deferred Tax Assets, Valuation Allowance [2] (666) (510)
Deferred Tax Assets, Net of Valuation Allowance 2,201 2,229
Liabilities    
Deferred Tax Liabilities, Property 278 353
Deferred Tax Liabilities, Intangible Assets 1,950 2,153
Deferred Tax Liabilities, Unrealized Exchange Gains/Losses 50 38
Deferred Tax Liabilities, Other 0 0
Deferred Tax Liabilities, Gross 2,278 2,544
Net Deferred Tax Liability $ (77) $ (315)
[1]
1.    Primarily related to tax loss and credit carryforwards from operations in the United States, Argentina, Brazil, Switzerland, and Spain.
[2]
2.    During the year ended December 31, 2024, the company established a valuation allowance recorded against the net deferred tax asset position of a legal entity in Brazil.