Question: Targets Note 18 indicates that We recognized a net tax benefit of $36 million and $372 million in 2018 and 2017, respectively, primarily because we
Target’s Note 18 indicates that “We recognized a net tax benefit of $36 million and
$372 million in 2018 and 2017, respectively, primarily because we remeasured our net deferred tax liabilities using the new lower U.S. corporate tax rate.” What was the effect of the tax rate change on 2018 net income?
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