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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2020
Schedule of Income Before Income Taxes |
a. | Income (loss) before income taxes:
|  | Year ended December 31, |
|  | 2020 |  |  | 2019 |  |  | 2018 |
|  | (U.S. $ in millions) |
Parent Company and its Israeli subsidiaries |  | $ | 947 |  |  | $ | 542 |  |  | $ | 1,022 |
Non-Israeli subsidiaries |  |  | (5,353 | ) |  |  | (1,807 | ) |  |  | (3,618 | )
|  | $ | (4,406 | ) |  | $ | (1,265 | ) |  | $ | (2,596 | )
Schedule of the Provision for Income Taxes |
b. | Income taxes:
|  | Year ended December 31, |
|  | 2020 |  |  | 2019 |  |  | 2018 |
|  | (U.S. $ in millions) |
In Israel |  | $ | 60 |  |  | $ | 107 |  |  | $ | 131 |
Outside Israel |  |  | (228 | ) |  |  | (385 | ) |  |  | (326 | )
|  | $ | (168 | ) |  | $ | (278 | ) |  | $ | (195 | )
Current |  | $ | 182 |  |  | $ | 885 |  |  | $ | 700 |
Deferred |  |  | (350 | ) |  |  | (1,163 | ) |  |  | (895 | )
|  | $ | (168 | ) |  | $ | (278 | ) |  | $ | (195 | )
Accumulated Other Comprehensive Income/(Loss) (Net of Tax) |
|  | 2020 |  |  | 2019 |  |  | 2018 |
|  | (U.S. $ in millions) |
Income (Loss) before income taxes |  | $ | (4,406 | ) |  | $ | (1,265 | ) |  | $ | (2,596 | )
Statutory tax rate in Israel |  |  | 23.0 | % |  |  | 23.0 | % |  |  | 23.0 | %
Theoretical provision for income taxes |  | $ | (1,013 | ) |  | $ | (291 | ) |  | $ | (597 | )
Increase (decrease) in the provision for income taxes due to: |  |  |  |  |  |  |  |  |  |  |  |
The Parent Company and its Israeli subsidiaries - Mainly tax benefits arising from reduced tax rates under benefit programs |  |  | (183 | ) |  |  | (44 | ) |  |  | (134 | )
Non-Israeli subsidiaries, including impairments * |  |  | 1,369 |  |  |  | (115 | ) |  |  | 381 |
U.S. Tax Cuts and Jobs Act effect |  |  |  |  |  |  |  |  |  |  | 97 |
Increase (decrease) in other uncertain tax positions—net |  |  | (341 | ) |  |  | 172 |  |  |  | 58 |
Effective consolidated income taxes |  | $ | (168 | ) |  | $ | (278 | ) |  | $ | (195 | )
* | In 2020 and 2018, income before income taxes includes goodwill impairment in non-Israeli subsidiaries that did not have a corresponding tax effect.
Schedule of Deferred Income Taxes |
c. | Deferred income taxes:
|  | December 31, |
|  | 2020 |  |  | 2019 |
|  | (U.S. $ in millions) |
Long-term deferred tax assets (liabilities), net: |  |  |  |
Inventory related |  | $ | 212 |  |  | $ | 144 |
Sales reserves and allowances |  |  | 173 |  |  |  | 198 |
Provision for legal settlements |  |  | 235 |  |  |  | 260 |
Intangible assets (*) |  |  | (1,064 | ) |  |  | (1,733 | )
Carryforward losses and deductions and credits (**) |  |  | 2,176 |  |  |  | 1,689 |
Property, plant and equipment |  |  | (142 | ) |  |  | (170 | )
Deferred interest |  |  | 527 |  |  |  | 648 |
Provisions for employee related obligations |  |  | 107 |  |  |  | 106 |
Other |  |  | 54 |  |  |  | 122 |
|  |  | 2,278 |  |  |  | 1,264 |
Valuation allowance—in respect of carryforward losses and deductions that may not be utilized |  |  | (2,547 | ) |  |  | (1,974 | )
|  | $ | (269 | ) |  | $ | (710 | )
(*) | The decrease in deferred tax liability is mainly due to impairment and amortization.
(**) | The amounts are shown after reduction for unrecognized tax benefits of $ 63 million and $115 million as of December 31, 2020 and 2019 , respectively.
| This amount represents the tax effect of gross carryforward losses and deductions with the following expirations: 2021 - 2022 —$79 million; 2023 - 2029 —$663 million; 2030 and thereafter—$171 million. The remaining balance—$1,327 million—can be utilized with no expiration date.
Schedule of Deferred Tax Assets and Liabilities By Report Caption | The deferred income taxes are reflected in the balance sheets among:
|  | December 31, |
|  | 2020 |  |  | 2019 |
|  | (U.S. $ in millions) |
Long-term assets—deferred income taxes |  |  | 695 |  |  |  | 386 |
Long-term liabilities—deferred income taxes |  |  | (964 | ) |  |  | (1,096 | )
|  | $ | (269 | ) |  | $ | (710 | )
Schedule of Unrecognized Tax Benefits |
d. | Uncertain tax positions:
The following table summarizes the activity of Teva’s gross unrecognized tax benefits:
|  | Year ended December 31, |
|  | 2020 |  |  | 2019 |  |  | 2018 |
|  | (U.S. $ in millions) |
Balance at the beginning of the year |  | $ | 1,223 |  |  | $ | 1,072 |  |  | $ | 1,034 |
Increase (decrease) related to prior year tax positions, net |  |  | (238 | ) |  |  | 23 |  |  |  | 76 |
Increase related to current year tax positions |  |  | 10 |  |  |  | 246 |  |  |  | 11 |
Decrease related to settlements with tax authorities and lapse of applicable statutes of limitations |  |  | (105 | ) |  |  | (118 | ) |  |  | (49 | )
Other |  |  | (2 | ) |  |  | — |  |  |  | — |
Balance at the end of the year |  | $ | 888 |  |  | $ | 1,223 |  |  | $ | 1,072 |

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