Income Taxes update (Tables)

6 Months Ended

Jun. 30, 2020

Income Tax Disclosure [Abstract]

Summary of Valuation Allowance

A reconciliation of the beginning and ending valuation allowances for the period ended June 30, 2020 was as follows:

(in millions)	2020
Balance at beginning of year	$	2,324
Additions to valuation allowance charged to income tax expense	32
Reductions to valuation allowance credited to income tax benefit	(141		)
Foreign currency translation	5
Balance at end of year	$	2,220