Income Taxes (Tables) |
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Dec. 31, 2017 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Income Tax Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Components of Income Before Income Taxes and Equity in Earnings (Losses) of Unconsolidated Affiliates | The components of income before income taxes and equity in earnings (losses) of unconsolidated affiliates are as follows (in millions):
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Components of Income Tax Expense Attributable to Continuing Operations | The components of income tax expense attributable to continuing operations are as follows (in millions):
As a result of the Tax Act, the Company recorded a provisional deferred tax benefit of $977 million related to the revaluation of deferred taxes at the newly enacted 21% rate and reversal of the deferred tax liability on undistributed earnings net of the newly enacted transition tax. IQVIA HOLDINGS INC. AND SUBSIDIARIES Notes to Consolidated Financial Statements - Continued |
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Effective Income Tax Rate Reconciliation | The differences between the Company’s consolidated income tax expense attributable to continuing operations and the expense computed at the 35% United States statutory income tax rate were as follows (in millions):
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Income Tax Effects of Temporary Differences from Continuing Operations that Give Rise to Significant Portions of Deferred Income Tax Assets (Liabilities) | The income tax effects of temporary differences from continuing operations that give rise to significant portions of deferred income tax assets (liabilities) are presented below (in millions):
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Reconciliation of Beginning and Ending Amount of Gross Unrecognized Income Tax Benefits | A reconciliation of the beginning and ending amount of gross unrecognized income tax benefits is presented below (in millions):
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Summary of Tax Years Open for Examination | The Company conducts business globally and, as a result, files income tax returns in the United States federal jurisdiction and various state and foreign jurisdictions. In the normal course of business, the Company is subject to examination by taxing authorities throughout the world. The following table summarizes the tax years that remain open for examination by tax authorities in the most significant jurisdictions in which the Company operates:
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