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INCOME TAXES (Tables)
 12 Months Ended
Dec. 31, 2021
Income Tax Disclosure [Abstract]  
Provision for Income Taxes Components of the Company’s income tax provision are as follows:
Year Ended December 31,
202120202019
Current:
Federal$404 $213 $179 
State and Local106 68 59 
Non-U.S.249 215 181 
Total current759 496 419 
Deferred:
Federal(172)6 (19)
State and Local(45)— (3)
Non-U.S.(1)(50)(16)
Total deferred(218)(44)(38)
Total provision for income taxes$541 $452 $381 
Reconciliation of United States Federal Statutory Tax Rate to Effective Tax Rate on Income before Provision for Income Taxes A reconciliation of the U.S. federal statutory tax rate to the Company’s effective tax rate on income before provision for income taxes is as follows:
Year Ended December 31,
202120202019
U.S. statutory tax rate21.0 %21.0 %21.0 %
State and local taxes, net of federal tax benefit1.5 %2.3 %2.2 %
Benefit of foreign operations(1.5)%(1.5)%(0.1)%
Other(1.4)%(1.5)%(2.1)%
Effective tax rate19.6 %20.3 %21.0 %
Income tax paid$932 $514 $458 
Source of Income before Provision for Income Taxes The source of income before provision for income taxes is as follows:
Year Ended December 31,
202120202019
U.S.$1,563 $1,349 $1,039 
Non-U.S.1,192 880 771 
Income before provision for income taxes$2,755 $2,229 $1,810 
Components of Deferred Tax Assets and Liabilities The components of deferred tax assets and liabilities are as follows:
December 31,
20212020
Deferred tax assets:
Account receivable allowances$8 $9 
Accumulated depreciation and amortization10 2 
Stock-based compensation50 42 
Accrued compensation and benefits101 99 
Capitalized costs33 39 
Operating lease liabilities134 122 
Deferred revenue252 30 
Net operating loss33 17 
Restructuring1 3 
Uncertain tax positions86 98 
Self-insured related reserves10 10 
Loss on net investment hedges - OCI11 93 
Other16 10 
Total deferred tax assets745 574 
Deferred tax liabilities:
Accumulated depreciation and amortization of intangible assets and capitalized software(659)(468)
ROU Assets(102)(90)
Capital Gains(31)(23)
Self-insured related income(10)(10)
Revenue Accounting Standard - ASC 606(7)(10)
Deferred tax on unremitted foreign earnings(12)(16)
Gain on net investment hedges - OCI(4)(8)
Other(6)(4)
Total deferred tax liabilities(831)(629)
Net deferred tax liabilities(86)(55)
Valuation allowance(18)(15)
Total net deferred tax liabilities$(104)$(70)
Reconciliation of Uncertain Tax Positions A reconciliation of the beginning and ending amount of UTPs is as follows:
Year Ended December 31,
202120202019
Balance as of January 1$483 $477 $495 
Additions for tax positions related to the current year102 37 35 
Additions for tax positions of prior years18 17 22 
Reductions for tax positions of prior years— (2)(2)
Settlements with taxing authorities(134)(5)(1)
Lapse of statute of limitations(81)(41)(44)
Reclassification to indemnification liability related to MAKS divestiture— — (28)
Balance as of December 31$388 $483 $477