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INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Schedule of Components of Income Before Income Taxes

The domestic and foreign components of our income before taxes and noncontrolling interests were as follows:

			Year Ended December 31,
($ in millions)			2024						2023						2022
U.S. (loss) income before tax			$	(61)					$	335					$	384
Foreign income before tax			197						114						97
Total income before taxes			$	136					$	449					$	481

Schedule of Components of Provision for Income Taxes

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

			Year Ended December 31,
($ in millions)			2024						2023						2022
Current:
Federal			$	23					$	105					$	102
State			4						18						19
Foreign			78						36						46
Total current			105						159						167
Deferred:
Federal			(18)						(22)						(21)
State			(3)						(1)						(16)
Foreign			(8)						—						(1)
Total deferred			(29)						(23)						(38)
Total provision for income taxes			$	76					$	136					$	129

Schedule of Effective Income Tax Rate Reconciliation

Reconciliations of our tax provision at the U.S. statutory rate to the provision for income taxes were as follows:

			Year Ended December 31,
($ in millions)			2024						2023						2022
Statutory U.S. federal income tax provision			$	29					$	94					$	101
State and local income taxes, net of U.S. federal tax benefit			1						17						4
Taxes attributable to noncontrolling interest			(3)						—						—
Impact of foreign operations			27						10						17
Interest on installment sales, net of U.S. federal tax benefit			4						3						1
Uncertain tax positions			1						5						4
US permanent differences			12						2						—
Share-based compensation, net of IRC §162(m) limitation			3						2						3
Other			2						3						(1)
Provision for income taxes			$	76					$	136					$	129

Schedule of Compositions of Net Deferred Tax Balances

The compositions of net deferred tax balances were as follows:

			December 31,
($ in millions)			2024						2023
Deferred tax assets			$	12					$	9
Deferred tax liabilities			(925)						(631)
Net deferred tax liability			$	(913)					$	(622)

Schedule of Tax Effects of Temporary Differences and Carryforwards of Our Net Deferred Tax Liability

The tax effects of the temporary differences and carryforwards that give rise to our net deferred tax liability were as follows:

			December 31,
($ in millions)			2024						2023
Deferred tax assets:
Compensation			$	30					$	20
Domestic tax loss and credit carryforwards			130						35
Foreign tax loss carryforwards			44						41
Other reserves			261						177
			465						273
Valuation allowance			(174)						(81)
Deferred tax assets			291						192
Deferred tax liabilities:
Property and equipment			(144)						(128)
Amortizable intangible assets			(419)						(251)
Deferred income			(641)						(435)
Deferred tax liabilities			(1,204)						(814)
Net deferred tax liability			$	(913)					$	(622)

Schedule of Unrecognized Tax Benefits Roll Forward

Reconciliations of the amounts of unrecognized tax benefits were as follows:

			December 31,
($ in millions)			2024						2023						2022
Unrecognized tax benefits at beginning of year			$	25					$	23					$	12
Current period tax position increases			3						2						2
Prior period tax position increases			—						3						11
Decreases due to lapse in applicable statute of limitations			(4)						(3)						(2)
Unrecognized tax benefits at end of year			$	24					$	25					$	23

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