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Quarterly report pursuant to Section 13 or 15(d)

Note 3 - Discontinued Operations and Business Dispositions - Summary of Major Classes of Line Items of Discontinued Operations (Details)

v3.23.1
Note 3 - Discontinued Operations and Business Dispositions - Summary of Major Classes of Line Items of Discontinued Operations (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
Net income attributable to discontinued operations $ 122 $ 18 Ìý
Discontinued Operations, Held-for-Sale [Member] | Textile Effects [Member] Ìý Ìý Ìý
Accounts receivable Ìý Ìý $ 133
Inventories Ìý Ìý 151
Other current assets Ìý Ìý 11
Property, plant and equipment, net Ìý Ìý 134
Deferred income taxes Ìý Ìý 13
Operating lease right-of-use assets Ìý Ìý 15
Other noncurrent assets Ìý Ìý 15
Total current assets held for sale(1) [1] Ìý Ìý 472
Accounts payable Ìý Ìý 63
Accrued liabilities Ìý Ìý 47
Current operating lease liabilities Ìý Ìý 2
Noncurrent operating lease liabilities Ìý Ìý 17
Other noncurrent liabilities Ìý Ìý 65
Total current liabilities held for sale(1) [1] Ìý Ìý $ 194
Discontinued Operations, Held-for-Sale or Disposed of by Sale [Member] | Textile Effects [Member] Ìý Ìý Ìý
Trade sales, services and fees, net 88 197 Ìý
Cost of goods sold 69 147 Ìý
Gain on sale of our Textile Effects Business 153 0 Ìý
Other expense items, net 35 27 Ìý
Income from discontinued operations before income taxes 137 23 Ìý
Income tax expense (15) (5) Ìý
Net income attributable to discontinued operations $ 122 $ 18 Ìý
[1] Total assets and liabilities held for sale as of December 31, 2022 are classified as current because we completed the sale of our Textile Effects Business on February 28, 2023.