Investor Presentaiton
Supplemental
Deferred Tax Asset
Deferred Tax Asset
($ millions)
Net Operating Loss (Federal)
Tax Credit Carryforwards
State/Local Tax Carryforwards
Other Deferred Tax Assets/ (Liabilities)
Net Deferred Tax Asset
Gross DTA
4Q 23
Valuation
Balance
Allowance
$
8
500
(41)
287
(135)
594
1,389
(176)
$
3Q 23(1)
Net DTA
Balance
Net DTA
Balance
8
$
9
459
242
152
189
594
1,066
1,213
1,506
(1) GAAP does not prescribe a method for calculating individual elements of deferred taxes for interim periods; therefore, these balances are estimates.
Deferred Tax Asset / (Liability) Balances
($ millions)
■Net GAAP DTA Balance
$1,071
$1,071
$1,009
■Disallowed DTA
$1,506
$1,213
4Q 2023 Preliminary Results
$4
$4
$5
$5
$10
4Q 22
1Q 23
2Q 23
3Q 23
4Q 23
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