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.