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Income Taxes

9 Months Ended

Sep. 30, 2020

Income Tax Disclosure [Abstract]

Income Taxes


			Quarter ended												Year to date
			2020						2019						2020						2019
Income tax provision			$	33					$	45					$	96					$	170
Effective tax rate			10.5		%				15.1		%				14.4		%				17.4		%

Our third quarter and year to date effective tax rates are lower than prior year primarily due to the favorable impact of the remeasurement of our deferred tax assets in the United Kingdom resulting from an increase in the corporate tax rate enacted in the quarter ended September 30, 2020 and return to provision adjustments from completing the 2019 U.S. federal income tax return. These favorable impacts were partially offset by lapping the favorable resolution in the prior year of an uncertain tax position in a foreign market and lapping higher excess tax benefits on share-based compensation.

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

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