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Annual report pursuant to Section 13 and 15(d)

Note 4 - Discontinued Operations and Business Dispositions (Tables)

v3.24.0.1
Note 4 - Discontinued Operations and Business Dispositions (Tables)
12 Months Ended
Dec. 31, 2023
Notes Tables Ìý
Disposal Groups, Including Discontinued Operations [Table Text Block]
Ìý Ìý

December 31,

Ìý
Ìý Ìý

2022

Ìý

Carrying amounts of major classes of assets held for sale:

Ìý Ìý Ìý Ìý

Accounts receivable

Ìý $ 133 Ìý

Inventories

Ìý Ìý 151 Ìý

Other current assets

Ìý Ìý 11 Ìý

Property, plant and equipment, net

Ìý Ìý 134 Ìý

Deferred income taxes

Ìý Ìý 13 Ìý

Operating lease right-of-use assets

Ìý Ìý 15 Ìý

Other noncurrent assets

Ìý Ìý 15 Ìý

Total assets held for sale(1)

Ìý $ 472 Ìý

Carrying amounts of major classes of liabilities held for sale:

Ìý Ìý Ìý Ìý

Accounts payable

Ìý $ 63 Ìý

Accrued liabilities

Ìý Ìý 47 Ìý

Current operating lease liabilities

Ìý Ìý 2 Ìý

Noncurrent operating lease liabilities

Ìý Ìý 17 Ìý

Other noncurrent liabilities

Ìý Ìý 65 Ìý

Total liabilities held for sale(1)

Ìý $ 194 Ìý
Ìý Ìý

Year ended December 31,

Ìý
Ìý Ìý

2023

Ìý Ìý

2022

Ìý Ìý

2021

Ìý

Major line items constituting pretax income of discontinued operations:

Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Trade sales, services and fees, net(1)

Ìý $ 88 Ìý Ìý $ 692 Ìý Ìý $ 783 Ìý

Cost of goods sold(1)

Ìý Ìý (69 ) Ìý Ìý (531 ) Ìý Ìý (592 )

Gain on sale of the Textile Effects Business

Ìý Ìý 154 Ìý Ìý Ìý â€� Ìý Ìý Ìý â€� Ìý

Other expense items, net

Ìý Ìý (38 ) Ìý Ìý (130 ) Ìý Ìý (121 )

Income from discontinued operations before income taxes

Ìý Ìý 135 Ìý Ìý Ìý 31 Ìý Ìý Ìý 70 Ìý

Income tax expense

Ìý Ìý (17 ) Ìý Ìý (19 ) Ìý Ìý (21 )

Income from discontinued operations, net of tax

Ìý Ìý 118 Ìý Ìý Ìý 12 Ìý Ìý Ìý 49 Ìý

Net income attributable to noncontrolling interests

Ìý Ìý â€� Ìý Ìý Ìý (3 ) Ìý Ìý â€� Ìý

Net income attributable to discontinued operations

Ìý $ 118 Ìý Ìý $ 9 Ìý Ìý $ 49 Ìý