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Income Taxes (Tables)
 12 Months Ended
Dec. 31, 2021
Income Tax Disclosure [Abstract]  
Schedule of Income Before Taxes and Equity in Earnings of Affiliates Income (loss) before taxes were as follows:
Years Ended
(In millions)December 31, 2021December 31, 2020December 31, 2019
Domestic$(98)$(164)$(809)
Foreign44 140 (220)
Total income (loss) before taxes$(54)$(24)$(1,029)
Schedule of Provisions for Income Taxes
The provisions for income taxes were as follows:
Years Ended
(In millions)December 31, 2021December 31, 2020December 31, 2019
Current income tax (benefit) expense:
U.S. federal$(1)$1 $— 
State and local1 2 2 
Foreign22 22 16 
Total current income tax (benefit) expense22 25 18 
Deferred income tax (benefit) expense:
U.S. federal(13)(25)(46)
State and local(4)(1)(10)
Foreign(5)(6)(8)
Total deferred income tax (benefit) expense:(22)(32)(64)
Total income tax (benefit) expense$— $(7)$(46)
Schedule of Deferred Tax Assets and Liabilities
Significant components of our deferred tax assets and liabilities were as follows:
Years Ended
(In millions)December 31, 2021December 31, 2020
Deferred income tax assets:
Net operating losses and other carryforwards$57 $43 
Lease liability27 20 
Stock based compensation8 6 
Accrued compensation7 7 
Inventory4 5 
Other assets11 9 
Total deferred income tax assets114 90 
Valuation allowance for deferred tax assets(27)(11)
Deferred income tax assets, net of valuation allowance87 79 
Deferred income tax liabilities:
Intangibles amortization(55)(74)
Lease asset(24)(17)
Accelerated depreciation(7)(5)
Other liabilities(2)(2)
Total deferred income tax liabilities(88)(98)
Deferred income tax assets (liabilities), net of valuation allowance$(1)$(19)

The deferred income tax assets (liabilities) are classified in the consolidated balance sheets as follows:
(In millions)December 31, 2021December 31, 2020
Non-current deferred income tax assets, net (a)
$12 $9 
Non-current deferred income tax liabilities, net(13)(28)
Non-current deferred income tax assets (liabilities)$(1)$(19)
(a) Included in other non-current assets
Summary of Valuation Allowance The table below summarizes the change in valuation allowance for the year.
(In millions)December 31, 2021December 31, 2020
Valuation allowance for deferred tax assets, beginning of year$11 $10 
Current year expense, net17 1 
Foreign exchange and other(1)— 
Valuation allowance for deferred tax assets, end of year$27 $11 
Schedule of Tax Loss Carryforwards
On December 31, 2021, we had the following tax loss and tax credit carryforwards available to offset taxable income in prior and future years:
(In millions)AmountExpiration Period
U.S. federal tax loss carryforwards$26 2030 - unlimited
Non-U.S. tax loss carryforwards11 2022 - unlimited
U.S. federal and state interest carryforwards8 unlimited
U.S. state tax loss carryforwards5 2024 - unlimited
U.S. federal other credit carryforwards4 2030-2041
Non-U.S. interest carryforwards3 unlimited
Total tax loss and tax credit carryforwards$57 
Summary of Tax Credit Carryforwards
On December 31, 2021, we had the following tax loss and tax credit carryforwards available to offset taxable income in prior and future years:
(In millions)AmountExpiration Period
U.S. federal tax loss carryforwards$26 2030 - unlimited
Non-U.S. tax loss carryforwards11 2022 - unlimited
U.S. federal and state interest carryforwards8 unlimited
U.S. state tax loss carryforwards5 2024 - unlimited
U.S. federal other credit carryforwards4 2030-2041
Non-U.S. interest carryforwards3 unlimited
Total tax loss and tax credit carryforwards$57 
Schedule of Effective Income Tax Rate Reconciliation The tax provision (benefit) differs from the amount computed by applying the federal statutory income tax rate due to the following:
Years Ended
December 31, 2021December 31, 2020December 31, 2019
Income tax provision at federal statutory rate21.0 %21.0 %21.0 %
Return to Provision impacts9.0 12.1 — 
Foreign income tax (benefit) provision5.2 15.7 0.3 
State income tax provision, net of federal income tax effect3.9 (3.7)0.9 
Credits2.3 6.6 — 
Reverse Book Gain/(Loss) on Foreign Sales— 69.2 0.3 
Impact of Partnership Inside/Outside Basis Conversion— 7.5 — 
Revaluation of deferred tax assets and liabilities— — (0.9)
Goodwill impairment— — (14.4)
Tax on GILTI— (42.6)(0.9)
Impact of Uncertain Tax Positions(1.0)2.2 0.1 
Non-deductible foreign exchange gains/(losses)(1.8)2.4 — 
Non-deductible expenses(1.9)(23.6)(0.6)
Non-deductible interest(3.4)(8.1)— 
Excess tax benefits related to share-based compensation(3.5)(28.4)(0.5)
Valuation allowance impacts(31.7)(2.2)(0.5)
Other3.0 0.8 (0.3)
Effective tax rate1.1 %28.9 %4.5 %
Schedule of Reconciliation of Unrecognized Tax Benefits
(In millions)December 31, 2021December 31, 2020
Balance at beginning of period$3 $4 
Additions based on prior year tax positions2 (1)
Reductions from settlements with taxing authorities(2)— 
Balance at end of period$3 $3