Income Taxes - Pre-tax Income and Income Tax Expense (Benefit) (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2020 |
Dec. 31, 2019 |
Dec. 31, 2018 |
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| Income Tax Contingency [Line Items] | |||
| Income before income taxes and equity income | $ 7,421 | $ 6,168 | $ 6,386 |
| Current income tax expense (benefit) | |||
| U.S. federal | 84 | 42 | (104) |
| U.S. state and local | 272 | 102 | 113 |
| Non-U.S. | 493 | 758 | 577 |
| Total current income tax expense | 849 | 902 | 586 |
| Deferred income tax expense (benefit) | |||
| U.S. federal | 632 | (145) | (578) |
| U.S. state and local | (15) | 3 | 250 |
| Non-U.S. | 308 | 9 | 216 |
| Total deferred income tax expense (benefit) | 925 | (133) | (112) |
| Total income tax expense | 1,774 | 769 | 474 |
| Basis differences from reinvested earnings | 3,200 | 3,200 | |
| China JVs | |||
| Deferred income tax expense (benefit) | |||
| Additional basis differences | 4,100 | 4,100 | |
| U.S. | |||
| Income Tax Contingency [Line Items] | |||
| Income before income taxes and equity income | 6,881 | 3,826 | 4,433 |
| Non-U.S. | |||
| Income Tax Contingency [Line Items] | |||
| Income before income taxes and equity income | $ 540 | $ 2,342 | $ 1,953 |
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- Definition Difference between amount at which an investment accounted for under the equity method of accounting is carried (reported) on the balance sheet and amount of underlying equity in net assets the reporting Entity has in the investee. This amount represent the portion of basis difference attributable to fair value changes of the investees. No definition available.
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- Definition Amount of basis differences in investments in foreign subsidiaries and joint ventures as a result of earnings which are deemed indefinitely reinvested outside the United States. No definition available.
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- Definition Amount of current federal tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of current foreign income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of current income tax expense (benefit) pertaining to taxable income (loss) from continuing operations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of current state and local tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of deferred federal income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of deferred foreign income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of deferred state and local tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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