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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Schedule of Income (Loss) before Income Tax

The United States and foreign components of income (loss) before income taxes and noncontrolling interests were as follows:

			Years ended December 31,
Dollars in millions			2021						2020						2019
United States			$	165					$	(208)					$	2
Foreign:
United Kingdom			56						76						105
Australia			(199)						37						15
Canada			(2)						(2)						3
Middle East			39						69						87
Africa			3						4						5
Other			72						(1)						51
Subtotal			(31)						183						266
Total			$	134					$	(25)					$	268

Summary of Taxes on Financial Statements

The total income taxes included in the statements of operations and in shareholders' equity were as follows:

			Years ended December 31,
Dollars in millions			2021						2020						2019
(Provision) benefit for income taxes			$	(108)					$	(26)					$	(59)
Shareholders' equity, foreign currency translation adjustment			(1)						1						1
Shareholders' equity, pension and post-retirement benefits			(44)						26						11
Shareholders' equity, changes in fair value of derivatives			(7)						3						2
Total income taxes			$	(160)					$	4					$	(45)

Components of Provision for Income Taxes

The components of the provision for income taxes were as follows:

Dollars in millions			Current						Deferred						Total
Year ended December 31, 2021
Federal			$	(1)					$	(24)					$	(25)
Foreign			(49)						(22)						(71)
State and other			(15)						3						(12)
Provision for income taxes			$	(65)					$	(43)					$	(108)
Year ended December 31, 2020
Federal			$	—					$	29					$	29
Foreign			(62)						11						(51)
State and other			(4)						—						(4)
(Provision) benefit for income taxes			$	(66)					$	40					$	(26)
Year ended December 31, 2019
Federal			$	(4)					$	15					$	11
Foreign			(67)						1						(66)
State and other			(2)						(2)						(4)
(Provision) benefit for income taxes			$	(73)					$	14					$	(59)

Components of Foreign Income Tax Provision

The components of our total foreign income tax provision were as follows:

			Years ended December 31,
Dollars in millions			2021						2020						2019
United Kingdom			$	(22)					$	(14)					$	(19)
Australia			(23)						(6)						(6)
Canada			—						(1)						(1)
Middle East			(9)						(18)						(20)
Africa			—						—						(1)
Other			(17)						(12)						(19)
Foreign provision for income taxes			$	(71)					$	(51)					$	(66)

Schedule of Effective Income Tax Rate Reconciliation

Our effective tax rates on income from operations differed from the statutory U.S. federal income tax rate of 21% as a result of the following:

			Years ended December 31,
			2021						2020						2019
U.S. statutory federal rate, expected (benefit) provision			21		%				21		%				21		%
Increase (reduction) in tax rate from:
Tax impact from foreign operations			—		%				2		%				7		%
Noncontrolling interests and equity earnings			41		%				(3)		%				—		%
State and local income taxes, net of federal benefit			2		%				—		%				2		%
Other permanent differences, net			5		%				4		%				3		%
Contingent liability accrual			1		%				2		%				1		%
U.S. taxes on foreign unremitted earnings			1		%				(1)		%				3		%
Change in valuation allowance			(4)		%				—		%				(10)		%
Research and development credits, net of provision			—		%				—		%				(5)		%
Non-deductible goodwill and restructuring charges			—		%				(130)		%				—		%
U.K. statutory rate change			14		%				—		%				—		%
Effective tax rate on income from operations			81		%				(105)		%				22		%

Schedule of Deferred Tax Assets and Liabilities

The primary components of our deferred tax assets and liabilities were as follows:

			Years ended December 31,
Dollars in millions			2021						2020
Deferred tax assets:
Employee compensation and benefits			$	88					$	149
Foreign tax credit carryforwards			200						243
Loss carryforwards			111						105
Other credit carryforwards			27						31
Insurance accruals			10						8
Allowance for bad debt			4						4
Lease obligation and accrued liabilities			82						82
Contract liabilities			35						7
Other			56						67
Total gross deferred tax assets			613						696
Valuation allowances			(204)						(220)
Net deferred tax assets			409						476
Deferred tax liabilities:
Right-of-use assets			(37)						(37)
Intangible amortization			(103)						(80)
Indefinite-lived intangible amortization			(72)						(60)
Other			(41)						(28)
Total gross deferred tax liabilities			(253)						(205)
Deferred income tax (liabilities) assets, net			$	156					$	271

Summary of Valuation Allowance

The net deferred tax balance by major jurisdiction after valuation allowance as of December 31, 2021 was as follows:

Dollars in millions			Net Gross Deferred Asset (Liability)						Valuation Allowance						Deferred Asset (Liability), net
United States			$	362					$	(166)					$	196
United Kingdom			(61)						—						(61)
Australia			11						—						11
Canada			22						(21)						1
Other			26						(17)						9
Total			$	360					$	(204)					$	156

Summary of Operating Loss Carryforwards

At December 31, 2021, the amount of gross tax attributes available prior to the offset with related uncertain tax positions were as follows:

Dollars in millions			December 31, 2021						Expiration
Foreign tax credit carryforwards			$	200					2022-2029
Foreign net operating loss carryforwards			$	129					2022-2041
Foreign net operating loss carryforwards			$	41					Indefinite
State net operating loss carryforwards			$	1,388					Various

Schedule of Reconciliation of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of total unrecognized tax benefits is as follows:

Dollars in millions			2021						2020						2019
Balance at January 1,			$	96					$	97					$	90
Increases related to current year tax positions			—						1						2
Increases related to prior year tax positions			—						6						7
Decreases related to prior year tax positions			(4)						(7)						—
Settlements			—						—						—
Lapse of statute of limitations			(2)						(3)						(1)
Other, primarily due to exchange rate fluctuations affecting non-U.S. tax positions			(1)						2						(1)
Balance at December 31,			$	89					$	96					$	97

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