Income Taxes (Tables)

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

Schedule of Components of Income Before Income Taxes

The domestic and foreign components of our income (loss) before taxes were as follows:

	Year Ended December 31,
($ in millions)	2022		2021		2020
U.S. income (loss) before tax	$	384	$	195	$	(287)
Foreign income before tax	97		74		7
Total income (loss) before taxes	$	481	$	269	$	(280)

Schedule of Components of Provision for Income Taxes

The components of our provision for income taxes were as follows:

	Year Ended December 31,
($ in millions)	2022		2021		2020
Current:
Federal	$	102	$	(5)	$	36
State	19		9		5
Foreign	46		31		3
Total current	167		35		44
Deferred:
Federal	(21)		61		(98)
State	(16)		(1)		(23)
Foreign	(1)		(2)		(2)
Total deferred	(38)		58		(123)
Total provision for income taxes	$	129	$	93	$	(79)

Schedule of Effective Income Tax Rate Reconciliation

Reconciliations of our tax provision at the U.S. statutory rate to the provision for income taxes were as follows:

	Year Ended December 31,
($ in millions)	2022		2021		2020
Statutory U.S. federal income tax provision	$	101	$	57	$	(59)
State and local income taxes, net of U.S. federal tax benefit	4		8		(17)
Impact of foreign operations	21		14		(5)
Interest on installment sales, net of U.S. federal tax benefit	1		3		1
Transaction costs	—		5		—
Share-based compensation, net of IRC §162(m) limitation	3		5		1
Other	(1)		1		—
Provision for income taxes	$	129	$	93	$	(79)

Schedule of Compositions of Net Deferred Tax Balances

The compositions of net deferred tax balances were as follows:

	December 31,
($ in millions)	2022		2021
Deferred tax assets	$	8	$	7
Deferred tax liabilities	(659)		(670)
Net deferred tax liability	$	(651)	$	(663)

Schedule of Tax Effects of Temporary Differences and Carryforwards of Our Net Deferred Tax Liability

The tax effects of the temporary differences and carryforwards that give rise to our net deferred tax liability were as follows:

	December 31,
($ in millions)	2022		2021
Deferred tax assets:
Compensation	$	18	$	22
Domestic tax loss and credit carryforwards	37		100
Foreign tax loss carryforwards	38		47
Other reserves	152		179
	245		348
Valuation allowance	(78)		(74)
Deferred tax assets	167		274
Deferred tax liabilities:
Property and equipment	(138)		(165)
Amortizable intangible assets	(284)		(309)
Deferred income	(396)		(463)
Deferred tax liabilities	(818)		(937)
Net deferred tax liability	$	(651)	$	(663)

Summary of Reconciliations of the Amounts of Unrecognized Tax Benefits

Reconciliations of the amounts of unrecognized tax benefits were as follows:

	December 31,
($ in millions)	2022		2021		2020
Unrecognized tax benefits at beginning of year	$	12	$	—	$	—
Current period tax position increases	2		1		—
Prior period tax position increases	11		18		—
Decreases due to lapse in applicable statute of limitations	(2)		(7)		—
Unrecognized tax benefits at end of year	$	23	$	12	$	—