TAXES ON INCOME (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Components of Income Tax Expense

The components of income tax expense (benefit) for 2024, 2023 and 2022 were as follows:

	2024		2023		2022
Current:
Federal	$	204	$	235	$	200
State and local	52		59		62
Foreign	4		3		1
Deferred:
Federal	4		(38)		29
State and local	2		(10)		(27)
Foreign	7		(1)		(1)
Total	$	273	$	248	$	264

Reconciliation of the Federal Statutory Rate

A reconciliation of the federal statutory income tax rate to the Company's effective income tax rate for 2024, 2023 and 2022 was as follows:

	2024		2023		2022
Tax provision at statutory rate	21.0	%	21.0	%	21.0	%
State and local income taxes, net of federal benefit	4.5		4.6		4.7
Impact of noncontrolling interests	(1.1)		(1.2)		(1.4)
Adjustment to state deferred tax liabilities	—		—		(1.5)
Excess tax benefits on stock-based compensation arrangements	(0.7)		(1.0)		(1.1)
Return to provision true-ups	(1.0)		(1.8)		(1.1)
Impact of equity earnings	0.3		0.5		0.7
Changes in reserves for uncertain tax positions	0.8		0.9		0.7
Income tax credits	(1.7)		(1.2)		(0.9)
Other, net	1.1		0.2		0.3
Effective tax rate	23.2	%	22.0	%	21.4	%

Schedule of Deferred Tax Assets and Liabilities

The tax effects of temporary differences that give rise to significant portions of the deferred tax assets (liabilities) as of December 31, 2024 and 2023 were as follows:

	2024		2023
Non-current deferred tax assets (liabilities):
Accounts receivable reserves	$	15	$	17
Liabilities not currently deductible	170		163
Stock-based compensation	35		33
Basis differences in investments, joint ventures and subsidiaries	(4)		(7)
Tax attribute carryforwards, net of valuation allowances and unrecognized tax position liabilities	60		48
Operating lease right-of-use assets	(146)		(149)
Operating lease liabilities	161		162
Depreciation and amortization	(541)		(537)
Total non-current deferred tax liabilities, net	$	(250)	$	(270)

Schedule of Unrecognized Tax Benefits Roll Forward

The total amount of unrecognized tax benefits as of and for the years ended December 31, 2024, 2023 and 2022 consisted of the following:

	2024		2023		2022
Balance, beginning of year	$	90	$	94	$	110
Additions:
For tax positions of current year	2		1		1
For tax positions of prior years	9		15		18
Reductions:
Changes in judgment	—		(6)		(7)
Expirations of statutes of limitations	(5)		(4)		(4)
Settlements	—		(10)		(24)
Other:
Foreign deferred tax assets reduction	28		—		—
Balance, end of year	$	124	$	90	$	94