XML 30 R20.htm IDEA: XBRL DOCUMENT v3.10.0.1
Income Taxes
9 Months Ended
Sep. 30, 2018
Income Tax Disclosure [Abstract]  
Income Taxes
Income Taxes

During the three and nine months ended September 30, 2018, the Company recorded a charge of $24 related to taxes on the distributions of foreign earnings, which were previously asserted to be indefinitely reinvested.

The Company's accounting for the Tax Cuts and Jobs Act (H.R. 1), (the "Tax Act") continues to be provisional. As of December 31, 2017, the Company recorded a gross provisional obligation of $113 for the one-time tax imposed on the unremitted earnings of non-U.S. subsidiaries. During the three and nine months ended September 30, 2018, the Company recorded an additional charge of $4 to adjust provisional amounts related to the transition tax. The Company expects to be able to use foreign tax credit carryforwards to satisfy this obligation. The Company has not completed its assessment of the impact of the Tax Act on state taxable income and any related state tax loss carryforwards but does not expect the Tax Act to have a material impact on related valuation allowances. The Company continues to review the technical interpretations of the Tax Act and other applicable laws, monitor legislative changes, review U.S. state guidance as issued and obtain the information necessary to complete the calculation of the obligation and will complete its analysis during the fourth quarter of 2018.