TAXES ON INCOME (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

Components of Income Tax Expense

The components of income tax expense (benefit) for 2023, 2022 and 2021 were as follows:

	2023		2022		2021
Current:
Federal	$	235	$	200	$	528
State and local	59		62		123
Foreign	3		1		3
Deferred:
Federal	(38)		29		(61)
State and local	(10)		(27)		5
Foreign	(1)		(1)		(1)
Total	$	248	$	264	$	597

Reconciliation of the Federal Statutory Rate

A reconciliation of the federal statutory income tax rate to the Company's effective income tax rate for 2023, 2022 and 2021 was as follows:

	2023		2022		2021
Tax provision at statutory rate	21.0	%	21.0	%	21.0	%
State and local income taxes, net of federal benefit	4.6		4.7		4.1
Impact of noncontrolling interests	(1.2)		(1.4)		(0.8)
Adjustment to state deferred tax liabilities	—		(1.5)		—
Excess tax benefits on stock-based compensation arrangements	(1.0)		(1.1)		(0.7)
Return to provision true-ups	(1.8)		(1.1)		(0.8)
Impact of equity earnings	0.5		0.7		0.6
Changes in reserves for uncertain tax positions	0.9		0.7		0.4
Income tax credits	(1.2)		(0.9)		(0.4)
Other, net	0.2		0.3		(0.4)
Effective tax rate	22.0	%	21.4	%	23.0	%

Schedule of Deferred Tax Assets and Liabilities

The tax effects of temporary differences that give rise to significant portions of the deferred tax assets (liabilities) as of December 31, 2023 and 2022 were as follows:

	2023		2022
Non-current deferred tax assets (liabilities):
Accounts receivable reserves	$	17	$	15
Liabilities not currently deductible	163		174
Stock-based compensation	33		32
Basis differences in investments, joint ventures and subsidiaries	(7)		(11)
Net operating loss carryforwards, net of valuation allowance	48		49
Operating lease right-of-use assets	(149)		(147)
Operating lease liabilities	162		161
Depreciation and amortization	(537)		(568)
Total non-current deferred tax liabilities, net	$	(270)	$	(295)

Schedule of Unrecognized Benefits

The total amount of unrecognized tax benefits as of and for the years ended December 31, 2023, 2022 and 2021 consisted of the following:

	2023		2022		2021
Balance, beginning of year	$	94	$	110	$	93
Additions:
For tax positions of current year	1		1		1
For tax positions of prior years	15		18		30
Reductions:
Changes in judgment	(6)		(7)		(6)
Expirations of statutes of limitations	(4)		(4)		(8)
Settlements	(10)		(24)		—
Balance, end of year	$	90	$	94	$	110