XML 54 R39.htm IDEA: XBRL DOCUMENT
v3.22.4

Income Taxes (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Income Tax Disclosure [Abstract] |
Components of Loss From Continuing Operations Before Income Taxes | The components of income before income taxes by U.S. and foreign jurisdictions were as follows (in millions):
| Year Ended December 31,
| 2022 |  | 2021 |  | 2020
United States | $ | 173 |  |  | $ | 152 |  |  | $ | 13 |
Foreign | 226 |  |  | 97 |  |  | 137 |
Total | $ | 399 |  |  | $ | 249 |  |  | $ | 150 |
Components of Provision for Income Taxes | The provision for income taxes consists of the following (in millions):
| Year Ended December 31,
| 2022 |  | 2021 |  | 2020
Current provision: |  |  |  |  |
Federal | $ | — |  |  | $ | — |  |  | $ | — |
State | 13 |  |  | 1 |  |  | — |
Foreign | 46 |  |  | 52 |  |  | 53 |
| 59 |  |  | 53 |  |  | 53 |
Deferred provision: |  |  |  |  |
Federal | (1) |  |  | (3) |  |  | (5) |
State | (1) |  |  | (3) |  |  | (1) |
Foreign | 17 |  |  | (28) |  |  | (16) |
| 15 |  |  | (34) |  |  | (22) |
Provision for income taxes | $ | 74 |  |  | $ | 19 |  |  | $ | 31 |
Reconciliation of Federal Income Tax Rate | The effective income tax rate differs from the federal statutory income tax rate applied to the income before income taxes due to the following (in millions):
| Year Ended December 31,
| 2022 |  | 2021 |  | 2020
Tax computed at U.S. federal statutory rate | $ | 84 |  |  | $ | 53 |  |  | $ | 31 |
State taxes, net of federal benefit | 10 |  |  | — |  |  | — |
U.S. tax on foreign earnings | 96 |  |  | — |  |  | — |
Tax rate differential for international subsidiaries | 18 |  |  | 6 |  |  | 8 |
Stock-based compensation | 7 |  |  | (160) |  |  | (157) |
Executive compensation | 22 |  |  | 23 |  |  | 25 |
Tax credits | (70) |  |  | (76) |  |  | (64) |
Other | 7 |  |  | 4 |  |  | 4 |
Valuation allowance | (100) |  |  | 169 |  |  | 184 |
Provision for income taxes | $ | 74 |  |  | $ | 19 |  |  | $ | 31 |
Reconciliation of Deferred Tax Assets and Liabilities | Significant components of our deferred tax assets are shown below (in millions). A valuation allowance has been recognized to offset our deferred tax assets, as necessary, by the amount of any tax benefits that, based on evidence, are not expected to be realized.
| December 31,
| 2022 |  | 2021
Deferred tax assets: |  |  |
Net operating loss carryforwards | $ | 605 |  |  | $ | 1,061 |
Credit carryforwards | 388 |  |  | 318 |
Lease liability | 178 |  |  | 152 |
Capitalized research and development | 262 |  |  | — |
Depreciation and amortization | 553 |  |  | 587 |
Other | 159 |  |  | 126 |
Total deferred tax assets | 2,145 |  |  | 2,244 |
Less valuation allowance | (1,228) |  |  | (1,326) |
| 917 |  |  | 918 |
Deferred tax liabilities: |  |  |
Right of use asset | (162) |  |  | (141) |
Other | (129) |  |  | (94) |
Net deferred tax assets | $ | 626 |  |  | $ | 683 |
Reconciliation of Beginning and Ending Balance of Total Unrecognized Tax Benefits | A reconciliation of the beginning and ending balance of total unrecognized tax benefits is as follows (in millions):
| Year Ended December 31,
| 2022 |  | 2021 |  | 2020
Balance, beginning period | $ | 124 |  |  | $ | 81 |  |  | $ | 37 |
Tax positions taken in prior period: |  |  |  |  |
Gross increases | — |  |  | 5 |  |  | 6 |
Gross decreases | (1) |  |  | — |  |  | (1) |
Tax positions taken in current period: |  |  |  |  |
Gross increases | 38 |  |  | 38 |  |  | 39 |
Lapse of statute of limitations | — |  |  | — |  |  | — |
Settlements | (2) |  |  | — |  |  | — |
Balance, end of period | $ | 159 |  |  | $ | 124 |  |  | $ | 81 |

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32639-109319 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32537-109319 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32687-109319 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of income before income tax between domestic and foreign jurisdictions. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(h)(1)(Note 1)) -URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 + Details
Name: | us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the change in unrecognized tax benefits, excluding amounts pertaining to examined tax returns. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15A -URI https://asc.fasb.org/extlink&oid=121826272&loc=SL6600010-109319 + Details
Name: | us-gaap_ScheduleOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForwardTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration