Income Taxes update (Tables)

6 Months Ended

Jun. 30, 2021

Income Tax Disclosure [Abstract]

Summary of Valuation Allowance

The following chart provides a reconciliation of the beginning and ending valuation allowances for the period ended June 30, 2021:

(in millions)
Balance at beginning of year	$	2,817
Additions to valuation allowance charged to income tax expense	233
Reductions to valuation allowance credited to income tax benefit	(49)
Foreign currency translation	(4)
Balance at end of period	$	2,997