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INCOME TAXES (Tables)
12 Months Ended
Dec. 31, 2022
Income Tax Disclosure [Abstract]  
Schedule of Components of Income (Loss) Before Income Taxes from Operations The components of (loss) income before income taxes were as follows:
Year Ended December 31,
(in millions)202220212020
United States$(531)$51 $(91)
Foreign(524)494 41 
Total (loss) income before income taxes
$(1,055)$545 $(50)
Schedule of Components of the (Benefit) Provision for Income Taxes from Operations The components of the (benefit) provision for income taxes from operations were as follows:
Year Ended December 31,
(in millions)202220212020
Current:   
U.S. federal$$$(5)
U.S. state
Foreign118 154 89 
Total$123 $159 $85 
Deferred:   
U.S. federal$(145)$10 $
U.S. state(17)(1)
Foreign(66)(37)(65)
Total$(228)$(25)$(62)
Total (benefit) provision for income taxes$(105)$134 $23 
Schedule of Reconciliation of the U.S. Federal Statutory Tax Rate to the Effective Rate The reconciliation of the U.S. federal statutory tax rate to the effective rate were as follows:
Year Ended December 31,
(in millions)202220212020
Statutory U.S. federal income tax rate$(222)21.0 %$114 21.0 %$(11)21.0 %
Effect of:
State income taxes, net of federal benefit(11)1.0 0.8 (1)1.1 
Federal benefit of R&D and foreign tax credits(8)0.8 (5)(0.9)(9)18.9 
US other permanent differences(0.9)0.4 (6.1)
Tax effect of international operations(5)0.5 0.3 (5)10.0 
Global Intangible Low Taxed Income (GILTI)20 (1.9)13 2.4 (13.0)
Foreign Derived Intangible Income (FDII)(8)0.8 (7)(1.3)(6)11.8 
Net effect of tax audit activity15 (1.4)1.6 (8.2)
Tax effect of enacted statutory rate changes on Non-U.S. jurisdictions(3)0.3 10 1.9 — (0.2)
Federal tax on unremitted earnings of certain foreign subsidiaries(0.1)(1)(0.2)(5.4)
Valuation allowance adjustments(9)0.8 (9)(1.7)(15.3)
Tax effect of impairment of goodwill and intangibles114 (10.8)— — 30 (60.8)
Other(0.2)0.3 — 0.2 
Effective income tax rate on operations$(105)9.9 %$134 24.6 %$23 (46.0 %)
Schedule of Tax Effect of Significant Temporary Differences Giving Rise to Deferred Tax Assets and Liabilities The tax effect of significant temporary differences giving rise to deferred tax assets and liabilities were as follows:
Year Ended December 31,
 (in millions)20222021
Deferred tax assets
Commission and bonus accrual$$
Employee benefit accruals46 51 
Inventory16 
Insurance premium accruals
Miscellaneous accruals37 27 
Other31 17 
Net unrealized gains/losses included in AOCI— 47 
Lease right-of-use liability48 47 
Product warranty accruals
Foreign tax credit and R&D carryforward40 49 
Restructuring and other cost accruals
Sales and marketing accrual14 
Tax loss carryforwards and other tax attributes654 275 
Total deferred tax assets$891 $558 
Less: Valuation allowances(645)(267)
Total deferred tax assets, net$246 $291 
Deferred tax liabilities
Identifiable intangible assets$(325)$(569)
Property, plant and equipment(41)(47)
Lease right-of-use asset(47)(47)
Net unrealized gains/losses included in AOCI(13)— 
Taxes on unremitted earnings of foreign subsidiaries(6)(5)
Total deferred tax liabilities(432)(668)
Net deferred tax liabilities$(186)$(377)
Schedule of Deferred Tax Assets and Liabilities Included in the Consolidated Balance Sheet
Deferred tax assets and liabilities are included in the following Consolidated Balance Sheets line items at December 31 were as follows:
(in millions)20222021
Assets
Other noncurrent assets$101 $14 
Liabilities
Deferred income taxes$287 $391 
Schedule of Unrecognized Tax Benefits
The activity recorded for unrecognized tax benefits were as follows:
(in millions) 202220212020
Unrecognized tax benefits at beginning of period$34 $27 $24 
Gross change for prior-period positions12 
Gross change for current year positions
Increase due to effect of foreign currency translation— — 
Decrease due to effect from foreign currency translation(1)(1)— 
Unrecognized tax benefits at end of period$49 $34 $27