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TAXES ON INCOME
6 Months Ended
Jun. 30, 2020
Income Tax Disclosure [Abstract]  
TAXES ON INCOME TAXES ON INCOME        For the three months ended June 30, 2020 and 2019, the effective income tax rate was 25.5% and 23.6%, respectively. The effective income tax rate for the three months ended June 30, 2020 and 2019 benefited from $4 million and $5 million, respectively, of excess tax benefits associated with stock-based compensation arrangements. For the six months ended June 30, 2020 and 2019, the effective income tax rate was 24.4% and 23.6%, respectively. The effective income tax rate for the six months ended June 30, 2020 and 2019 benefited from $12 million and $8 million, respectively, of excess tax benefits associated with stock-based compensation arrangements. For the three and six months ended June 30, 2020, the Company utilized the most likely estimate of its annual income before taxes to determine the annual effective income tax rate for 2020. As a result of uncertainty associated with the impact of the COVID-19 pandemic, it is possible that the Company will experience variability in the annual projections and, as a result, the annual effective income tax rate. The Company will update the annual effective income tax rate each quarter during 2020 for changes in the latest projections for the Company.