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DEFERRED INCOME TAXES (Tables) | 12 Months Ended
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Dec. 31, 2021
Income tax [Abstract] |
Schedules of deferred income tax assets and liabilities | Sources of Deferred Income Tax Assets and Liabilities
| As at December 31, 2021 | As at December 31, 2020
Deferred tax assets |  |
Tax loss carry forwards | $330 |  | $456 |
Tax credits | 10 |  | 13 |
Environmental rehabilitation | 262 |  | 358 |
Post-retirement benefit obligations and other employee benefits | 30 |  | 30 |
Other working capital | 68 |  | 70 |
Other | 5 |  | 3 |
| $705 |  | $930 |
Deferred tax liabilities |  |
Property, plant and equipment | (3,556) |  | (3,375) |
Inventory | (416) |  | (463) |
Accrued interest payable | 3 |  | (28) |
| ($3,264) |  | ($2,936) |
Classification: |  |
Non-current assets | $29 |  | $98 |
Non-current liabilities | (3,293) |  | (3,034) |
| ($3,264) |  | ($2,936) |
Expiry Dates of Tax Losses
| 2022 | 2023 | 2024 | 2025 | 2026+ | No expiry date | Total |
Non-capital tax losses 1 |  |  |  |  |  |  |  |
Barbados | $97 |  | $399 |  | $213 |  | $220 |  | $138 |  | $— |  | $1,067 |  |
Canada | — |  | — |  | — |  | — |  | 2,146 |  | — |  | 2,146 |  |
Chile | — |  | — |  | — |  | — |  | — |  | 894 |  | 894 |  |
Saudi Arabia | — |  | — |  | — |  | — |  | — |  | 349 |  | 349 |  |
Tanzania | — |  | — |  | — |  | — |  | — |  | 1,296 |  | 1,296 |  |
United Kingdom | — |  | — |  | — |  | — |  | — |  | 190 |  | 190 |  |
Zambia | 32 |  | 2 |  | 2 |  | 1 |  | 11 |  | — |  | 48 |  |
Others | — |  | — |  | — |  | — |  | 59 |  | 45 |  | 104 |  |
| $129 |  | $401 |  | $215 |  | $221 |  | $2,354 |  | $2,774 |  | $6,094 |  |
1 Represents the gross amount of tax loss carry forwards translated at closing exchange rates at December 31, 2021. Deferred Tax Assets Not Recognized
| As at December 31, 2021 | As at December 31, 2020
Argentina | $118 |  | $105 |
Australia | 302 |  | 298 |
Barbados | 27 |  | 10 |
Canada | 966 |  | 1,127 |
Chile | 1,059 |  | 1,037 |
Côte d'Ivoire | 6 |  | 6 |
Mali | 11 |  | 9 |
Peru | 79 |  | 281 |
Saudi Arabia | 71 |  | 70 |
Tanzania | 105 |  | 110 |
United Kingdom | 36 |  | 36 |
Zambia | 3 |  | 40 |
| $2,783 |  | $3,129 |
Source of Changes in Deferred Tax Balances
For the years ended December 31 | 2021 | 2020
Temporary differences |  |
Property, plant and equipment | ($181) |  | ($112) |
Environmental rehabilitation | (97) |  | 29 |
Tax loss carry forwards | (127) |  | (54) |
AMT and other tax credits | (3) |  | (14) |
Inventory | 48 |  | 81 |
Other | 32 |  | (10) |
| ($328) |  | ($80) |
Intraperiod allocation to: |  |
Income from continuing operations before income taxes | ($345) |  | ($151) |
Income Tax Payable | (2) |  | 65 |
Other comprehensive (income) loss | 19 |  | (6) |
Other | — |  | 12 |
| ($328) |  | ($80) |
Income Tax Related Contingent Liabilities
| 2021 | 2020
At January 1 | $266 |  | $327 |
Net additions based on uncertain tax positions related to prior years | 19 |  | 39 |
Reductions for tax positions of prior years | (28) |  | (100) |
At December 31 1 | $257 |  | $266 |
1 If reversed, the total amount of $257 million would be recognized as a benefit to income taxes on the income statement, and therefore would impact the reported effective tax rate.
Schedule of tax years still under examination |
Tax Years Still Under Examination
Argentina | 2010-2011, 2015-2021
Australia | 2017-2021
Canada | 2015-2021
Chile | 2015-2021
Côte d'Ivoire | 2020-2021
Democratic Republic of Congo | 2019-2021
Dominican Republic | 2015-2021
Mali | 2017-2021
Papua New Guinea | 2006-2021
Peru | 2015-2021
Saudi Arabia | 2020-2021
Tanzania | 2018-2021
United States | 2021
Zambia | 2018-2021

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