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Annual report pursuant to Section 13 and 15(d)

Note 4 - Discontinued Operations and Business Dispositions - Summary of Major Classes of Line Items of Discontinued Operations (Details)

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Note 4 - Discontinued Operations and Business Dispositions - Summary of Major Classes of Line Items of Discontinued Operations (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income from discontinued operations, net of tax $ 118 $ 12 $ 49
Net income attributable to discontinued operations 118 12 49
Discontinued Operations, Held-for-Sale [Member] | Textile Effects [Member]
Accounts receivable 133
Inventories 151
Other current assets 11
Property, plant and equipment, net 134
Deferred income taxes 13
Operating lease right-of-use assets 15
Other noncurrent assets 15
Total assets held for sale [1] 472
Accounts payable 63
Accrued liabilities 47
Current operating lease liabilities 2
Noncurrent operating lease liabilities 17
Other noncurrent liabilities 65
Total liabilities held for sale(1) [1] 194
Discontinued Operations, Held-for-Sale or Disposed of by Sale [Member] | Textile Effects [Member]
Trade sales, services and fees, net(1) [2] 88 692 783
Cost of goods sold(1) [2] (69) (531) (592)
Gain on sale of the Textile Effects Business 154 0 0
Other expense items, net (38) (130) (121)
Income from discontinued operations before income taxes 135 31 70
Income tax expense (17) (19) (21)
Income from discontinued operations, net of tax 118 12 49
Net income attributable to noncontrolling interests 0 (3) 0
Net income attributable to discontinued operations $ 118 $ 9 $ 49
[1] Held for sale assets and liabilities are those of our Textile Effects Business. Total assets and liabilities held for sale as of December 31, 2022 are classified as current as we anticipate the sale of our Textile Effects Business will close in February 2023.
[2] Includes eliminations of trade sales, services and fees, net and cost of sales between continuing operations and discontinued operations.