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Income Tax (Tables)

12 Months Ended

Dec. 31, 2020

Income Tax Disclosure [Abstract]

Income (Loss) before Income Tax

Income (loss) before income tax is comprised of the following:

		Year ended December 31, 2020				Year ended December 31, 2019				Year ended December 31, 2018
Income (loss) recorded in the Netherlands			(19	)			(9	)			(13	)
Income (loss) from foreign operations			1,286				1,198				1,402
Income (loss) before income tax benefit (expense)			1,267				1,189				1,389

Income Tax Benefit (Expense)

Income tax benefit (expense) is comprised of the following:

		Year ended December 31, 2020				Year ended December 31, 2019				Year ended December 31, 2018
The Netherlands taxes - current			—				—				—
Foreign taxes - current			(171	)			(131	)			(114	)
Total current taxes			(171	)			(131	)			(114	)
The Netherlands taxes - deferred			—				—				—
Foreign taxes - deferred			12				(25	)			18
Total deferred taxes			12				(25	)			18
Income tax expense			(159	)			(156	)			(96	)
Effective tax rate			13	%			13	%			7	%

Differences in Income Taxes Computed at Netherlands Statutory Rate and Effective Income Tax Rate

The principal items comprising the differences in income taxes computed at the Netherlands statutory rate of 25.0% in 2020, 2019 and 2018, and the effective income tax rate are the following:

		Year ended December 31, 2020				Year ended December 31, 2019				Year ended December 31, 2018
Income tax benefit (expense) computed at    statutory rate			(316	)			(297	)			(353	)
Non-deductible and non-taxable permanent    differences, net			(1	)			4				45
Valuation allowance adjustments			11				2				141
Effect on deferred taxes of changes in enacted    tax rates			(5	)			14				(62	)
Current year credits			40				50				43
Other tax and credits			(40	)			(51	)			(20	)
Benefits from tax holidays			37				129				135
Net impact of changes to uncertain tax positions			(1	)			(5	)			(16	)
Earnings of subsidiaries taxed at different rates			116				(2	)			(9	)
Income tax benefit (expense)			(159	)			(156	)			(96	)

Deferred Tax Assets and Liabilities

Deferred tax assets and liabilities consisted of the following:

		December 31, 2020				December 31, 2019
Tax loss carryforwards and investment credits			702				612
Less unrecognized tax benefit			(19	)			(21	)
Tax loss carryforwards net of unrecognized tax    benefit			683				591
Inventory valuation			34				28
Impairment and restructuring charges			3				6
Fixed asset depreciation in arrears			82				39
Increased depreciation incentives			182				213
Capitalized development costs			107				118
Receivables for government funding			40				14
Tax credits granted on past capital investments			215				1,151
Pension service costs			104				81
Stock awards			11				6
Operating lease liabilities			36				40
Commercial accruals			13				15
Other temporary differences			26				22
Total deferred tax assets			1,536				2,324
Valuation allowances			(638	)			(1,534	)
Deferred tax assets, net			898				790
Accelerated fixed asset depreciation			(21	)			(20	)
Acquired intangible assets			(40	)			(16	)
Advances of government funding			(94	)			(31	)
Operating lease right-of-use assets			(36	)			(40	)
Other temporary differences			(43	)			(7	)
Deferred tax liabilities			(234	)			(114	)
Net deferred income tax asset			664				676

Gross Deferred Tax Assets On Tax Loss Carryforwards And Investment Credits Expiration Table Text Block

As at December 31, 2020, the Company and its subsidiaries have gross deferred tax assets on tax loss carryforwards and investment credits that expire starting 2021, as follows:

Year
2021			4
2022			7
2023			5
2024			4
2025			13
Thereafter			669
Total			702

Reconciliation of Beginning and Ending Amounts of Unrecognized Tax Benefits

A reconciliation of 2020, 2019 and 2018 beginning and ending amounts of unrecognized tax benefits is as follows:

		December 31, 2020				December 31, 2019				December 31, 2018
Balance at beginning of year			48				38				333
Additions based on tax positions related to the    current year			1				7				43
Additions based on acquisitions related to the    current year			—				5				—
Additions for tax positions of prior years			1				1				8
Reduction for tax positions of prior years			(2	)			(1	)			(310	)
Settlements			(1	)			(2	)			(18	)
Foreign currency translation			1				—				(18	)
Balance at end of year			48				48				38

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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Tabular disclosure for tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities and other income tax contingencies. Includes, but is not limited to, interest and penalties, reconciliation of unrecognized tax benefits, unrecognized tax benefits that would affect the effective tax rate, tax years that remain subject to examination by tax jurisdictions, and information about positions for which it is reasonably possible that amounts unrecognized will significantly change within 12 months.

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