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DEFERRED INCOME TAXES (Tables)
 12 Months Ended
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 losses1
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 
1Represents 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 311
 $257  $266 
1If 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