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INCOME TAXES - Components of Deferred Income Taxes (Details) - USD ($)
$ in Millions
Mar. 31, 2023
Feb. 13, 2023
Mar. 31, 2022
Deferred tax liabilities:      
Fixed assets $ (63)   $ (49)
Intangible assets (71)   (89)
Others (38)   (14)
Total deferred tax liabilities (172)   (152)
Deferred tax assets:      
Fixed assets 77   72
Intangible assets 5   6
Deferred compensation 27   22
Inventory valuation 24   26
Provision for doubtful accounts 3   5
Net operating loss and other carryforwards 1,359   1,542
Investment in Nextracker LLC 249 $ 249 0
Others 136   201
Total deferred tax assets 1,880   1,874
Valuation allowances (1,373)   (1,631)
Total deferred tax assets, net of valuation allowances 507   243
Net deferred tax asset 335   91
The net deferred tax asset is classified as follows:      
Long-term asset 412   177
Long-term liability $ (77)   $ (86)