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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2021
Income Tax Disclosure [Abstract] |
Schedule of Income Tax Expense (Benefit) | Income tax expense (benefit) attributable to continuing operations for the years ended December 31, 2021, 2020 and 2019, consists of the following (in millions):
| 2021 |  | 2020 |  | 2019
Current provision (benefit): |  |  |  |  |
Federal | $ | 220 |  |  | $ | 81 |  |  | $ | 53 |
State | 68 |  |  | 50 |  |  | 46 |
Foreign | 172 |  |  | 176 |  |  | 116 |
Total current provision | $ | 460 |  |  | $ | 307 |  |  | $ | 215 |
Deferred provision (benefit): |  |  |  |  |
Federal | $ | (118) |  |  | $ | (53) |  |  | $ | (47) |
State | (11) |  |  | (28) |  |  | 7 |
Foreign | 40 |  |  | (130) |  |  | (75) |
Total deferred provision | (89) |  |  | (211) |  |  | (115) |
Total provision for income taxes | $ | 371 |  |  | $ | 96 |  |  | $ | 100 |
Total income tax expense for the years ended December 31, 2021, 2020 and 2019, is allocated as follows (in millions):
| 2021 |  | 2020 |  | 2019
Tax expense (benefit) per statements of earnings | $ | 371 |  |  | $ | 96 |  |  | $ | 100 |
Unrealized gain (loss) on derivatives | 141 |  |  | (7) |  |  | (41) |
Foreign currency translation adjustments | 143 |  |  | (154) |  |  | 240 |
Other components of other comprehensive earnings (loss) | — |  |  | — |  |  | (3) |
Total income tax expense (benefit) allocated to other comprehensive earnings | 284 |  |  | (161) |  |  | 196 |
Total income tax expense (benefit) | $ | 655 |  |  | $ | (65) |  |  | $ | 296 |
Schedule of Pre-tax Income from Continuing Operations | The provision for income taxes is based on pre-tax income from continuing operations, which is as follows for the years ended December 31, 2021, 2020 and 2019 (in millions):
| 2021 |  | 2020 |  | 2019
United States | $ | 747 |  |  | $ | 441 |  |  | $ | 220 |
Foreign | 42 |  |  | (175) |  |  | 193 |
Total | $ | 789 |  |  | $ | 266 |  |  | $ | 413 |
Schedule of Effective Income Tax Rate Reconciliation | A reconciliation of the federal statutory income tax rate to the Company's effective income tax rate for the years ended December 31, 2021, 2020 and 2019, is as follows:
| 2021 |  | 2020 |  | 2019
Federal statutory income tax rate | 21.0 | % |  | 21.0 | % |  | 21.0 | %
State income taxes | 6.7 |  |  | 14.6 |  |  | 2.5 |
Federal benefit of state taxes | (1.4) |  |  | (3.1) |  |  | (0.5) |
Foreign rate differential | (4.5) |  |  | (10.1) |  |  | (1.7) |
U.K. tax rate adjustment | 23.6 |  |  | 38.2 |  |  | — |
Non-deductible executive compensation | 3.5 |  |  | 9.0 |  |  | 10.6 |
Withholding tax on actual and estimated remittances | 2.9 |  |  | 2.1 |  |  | — |
Foreign-derived intangible income deduction | (2.4) |  |  | (7.2) |  |  | (3.3) |
Tax benefit from stock-based compensation | (2.2) |  |  | (18.1) |  |  | (8.1) |
CVR liability fair value and foreign currency adjustment | 2.0 |  |  | 8.2 |  |  | 0.7 |
Research and development credit | (1.6) |  |  | (4.1) |  |  | (2.4) |
Unrecognized tax benefits | 0.6 |  |  | 0.3 |  |  | (1.4) |
Return to provision adjustments | (0.3) |  |  | (4.9) |  |  | (0.4) |
Acquisition-related items | — |  |  | (15.9) |  |  | 1.8 |
Book basis in excess of tax basis for goodwill impairment and disposition | — |  |  | 9.2 |  |  | — |
State tax rate adjustment | — |  |  | (2.8) |  |  | 5.1 |
Cares Act net operating loss adjustment | — |  |  | (2.3) |  |  | — |
Deferred tax and other rate adjustments | — |  |  | 1.1 |  |  | 0.2 |
Other | (0.9) |  |  | 0.8 |  |  | 0.1 |
Effective income tax rate | 47.0 | % |  | 36.0 | % |  | 24.2 | %
Schedule of Deferred Income Tax Assets and Liabilities | The significant components of deferred income tax assets and liabilities as of December 31, 2021 and 2020, consist of the following (in millions):
| 2021 |  | 2020
Deferred income tax assets: |  |  |
Net operating loss carryforwards | $ | 194 |  |  | $ | 221 |
Employee benefit accruals | 173 |  |  | 155 |
Other deferred tax assets | 154 |  |  | 204 |
Total gross deferred income tax assets | 521 |  |  | 580 |
Less valuation allowance | (191) |  |  | (204) |
Total deferred income tax assets | 330 |  |  | 376 |
Deferred income tax liabilities: |  |  |
Amortization of goodwill and intangible assets | (3,743) |  |  | (3,945) |
Foreign currency translation adjustment | (320) |  |  | (95) |
Deferred contract costs | (196) |  |  | (173) |
Other deferred tax liabilities | (215) |  |  | (140) |
Total deferred income tax liabilities | (4,474) |  |  | (4,353) |
Net deferred income tax liability | $ | (4,144) |  |  | $ | (3,977) |
Deferred income taxes are classified in the consolidated balance sheets as of December 31, 2021 and 2020, as follows (in millions):
| 2021 |  | 2020
Noncurrent deferred income tax assets (included in Other noncurrent assets) | $ | 49 |  |  | $ | 40 |
Noncurrent deferred income tax liabilities | (4,193) |  |  | (4,017) |
Net deferred income tax liability | $ | (4,144) |  |  | $ | (3,977) |
Schedule of Unrecognized Tax Benefits Roll Forward | The following table reconciles the gross amounts of unrecognized tax benefits at the beginning and end of the period (in millions):
| Gross Amount
Amounts of unrecognized tax benefits as of December 31, 2019 | $ | 45 |
Amount of decreases due to lapse of the applicable statute of limitations | (1) |
Amount of decreases due to settlements | (9) |
Increases as a result of tax positions taken in the current period | 9 |
Amount of unrecognized tax benefit as of December 31, 2020 | 44 |
Amount of decreases due to lapse of the applicable statute of limitations | (4) |
Amount of decreases due to settlements | (2) |
Increases as a result of tax positions taken in prior period | 11 |
Increases as a result of tax positions taken in the current period | 6 |
Foreign currency translation | (1) |
Amount of unrecognized tax benefit as of December 31, 2021 | $ | 54 |

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