XML 46 R34.htm IDEA: XBRL DOCUMENT v3.21.1
Income Taxes (Tables)
3 Months Ended
Mar. 31, 2021
Income Tax Disclosure [Abstract]  
Schedule of Income Taxes

 

 

 

Three months ended March 31,

 

 

2021

 

 

 

2020

 

 

Income before income taxes

 

$

312

 

 

 

$

219

 

 

Estimated annualized effective tax rate

 

 

39.2

 

%

 

 

57.1

 

%

Income tax expense

 

$

122

 

 

 

$

125

 

 

Favorable tax impact related to losses in jurisdictions with no tax benefit

 

 

(28

)

 

 

 

(46

)

 

Discrete tax (benefit) expense

 

 

(1

)

 

 

 

1

 

 

Provision for income taxes

 

$

93

 

 

 

$

80