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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2024
Income Tax Disclosure [Abstract] |
Reconciliation of Company's Effective Tax Rate to U.S. Federal Statutory Rate | A reconciliation of the Company’s effective tax rate to the U.S. federal income tax statutory rate is as follows:
|  | Years Ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
U.S. federal income tax statutory rate |  |  | 21.0 | % |  |  | 21.0 | % |  |  | 21.0 | %
Foreign derived intangible income deduction |  |  | (24.9 | ) |  |  | 0.6 |  |  |  | (4.8 | )
Change in valuation allowance |  |  | (22.7 | ) |  |  | 0.1 |  |  |  | (0.3 | )
Withholding taxes, net of foreign tax credits |  |  | 15.4 |  |  |  | (0.4 | ) |  |  | 10.9 |
Federal tax credits |  |  | (11.7 | ) |  |  | 1.5 |  |  |  | (1.5 | )
Effect of foreign operations taxed at various rates |  |  | (8.9 | ) |  |  | 0.9 |  |  |  | (6.8 | )
Change in income tax reserves (including interest) |  |  | 6.7 |  |  |  | (0.5 | ) |  |  | 0.8 |
Base erosion waiver of deductions |  |  | 5.6 |  |  |  | — |  |  |  | — |
State income taxes, net of federal benefit |  |  | (3.0 | ) |  |  | 0.5 |  |  |  | (0.3 | )
Executive compensation |  |  | 1.8 |  |  |  | (0.1 | ) |  |  | 0.7 |
Foreign subpart F income taxed in the U.S., net of foreign tax credits |  |  | 1.6 |  |  |  | — |  |  |  | (0.2 | )
Global intangible low taxed income, net of foreign tax credits |  |  | 1.0 |  |  |  | 0.2 |  |  |  | 3.6 |
Goodwill impairment |  |  | — |  |  |  | (18.4 | ) |  |  | — |
Other |  |  | 12.4 |  |  |  | (0.9 | ) |  |  | — |
|  |  | (5.7 | )% |  |  | 4.5 | % |  |  | 23.1 | %
Components of Income (Loss) Before Income Taxes and Related (Benefit) Provision for Income Taxes | The components of income (loss) before income taxes and the related (benefit) provision for income taxes consist of the following:
|  | Years Ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
Income (loss) before income taxes: |  |  |  |  |  |  |  |  |
United States |  | $ | (57 | ) |  | $ | (760 | ) |  | $ | (90 | )
Foreign |  |  | 237 |  |  |  | (1,168 | ) |  |  | 523 |
|  | $ | 180 |  |  | $ | (1,928 | ) |  | $ | 433 |
Current taxes: |  |  |  |  |  |  |  |  |
Federal |  | $ | 91 |  |  | $ | 21 |  |  | $ | 40 |
State |  |  | 13 |  |  |  | 6 |  |  |  | 7 |
Foreign |  |  | 112 |  |  |  | 120 |  |  |  | 99 |
|  |  | 216 |  |  |  | 147 |  |  |  | 146 |
Deferred taxes: |  |  |  |  |  |  |  |  |
Federal |  |  | (106 | ) |  |  | (130 | ) |  |  | (68 | )
State |  |  | (20 | ) |  |  | (18 | ) |  |  | (8 | )
Foreign |  |  | (100 | ) |  |  | (86 | ) |  |  | 30 |
|  |  | (226 | ) |  |  | (234 | ) |  |  | (46 | )
(Benefit) provision for income taxes |  | $ | (10 | ) |  | $ | (87 | ) |  | $ | 100 |
Significant Components of Deferred Tax Assets and Deferred Tax Liabilities | The significant components of the deferred tax assets and deferred tax liabilities are as follows:
|  | December 31, |
|  | 2024 |  |  | 2023 |
Deferred tax assets: |  |  |  |  |  |
Interest expense carryforwards |  | $ | 178 |  |  | $ | 171 |
Net operating loss carryforwards |  |  | 71 |  |  |  | 85 |
Tax credit carryforwards |  |  | 34 |  |  |  | 22 |
Capitalized research and development |  |  | 146 |  |  |  | 98 |
Lease liability |  |  | 49 |  |  |  | 51 |
Inventory and warranty reserves |  |  | 48 |  |  |  | 54 |
Accrued expenses and other reserves |  |  | 30 |  |  |  | 23 |
Other |  |  | 9 |  |  |  | 15 |
Total deferred tax assets |  |  | 565 |  |  |  | 519 |
Valuation allowance |  |  | (151 | ) |  |  | (190 | )
Net deferred tax assets |  | $ | 414 |  |  | $ | 329 |
Deferred tax liabilities: |  |  |  |  |  |
Acquired intangible assets and goodwill |  | $ | (558 | ) |  | $ | (637 | )
Right-of-use asset |  |  | (48 | ) |  |  | (49 | )
Foreign withholding taxes |  |  | (40 | ) |  |  | (50 | )
Loan costs |  |  | (9 | ) |  |  | (24 | )
Depreciation and amortization |  |  | (4 | ) |  |  | (56 | )
Total deferred tax liabilities |  |  | (659 | ) |  |  | (816 | )
Net deferred tax liabilities |  | $ | (245 | ) |  | $ | (487 | )
Reconciliation of Beginning and Ending Amount of Gross Unrecognized Tax Benefits, Excluding Interest and Penalties | A reconciliation of the beginning and ending amount of gross unrecognized tax benefits, excluding interest and penalties, is as follows:
|  | Years Ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
Balance at beginning of year |  | $ | 86 |  |  | $ | 83 |  |  | $ | 43 |
(Decreases) increases for tax positions taken during prior years |  |  | (4 | ) |  |  | (5 | ) |  |  | 35 |
Increases for tax positions taken during the current year |  |  | 36 |  |  |  | 12 |  |  |  | 9 |
Reductions related to expiration of statutes of limitations and audit settlements |  |  | (24 | ) |  |  | (4 | ) |  |  | (4 | )
Balance at end of year |  | $ | 94 |  |  | $ | 86 |  |  | $ | 83 |

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