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Income Taxes
6 Months Ended
Apr. 01, 2017
Income Tax Disclosure [Abstract]  
Income Taxes
INCOME TAXES
The effective tax rate was 34.3% and 32.7% for the second quarter of fiscal 2017 and 2016, respectively, and 34.7% and 34.0% for the six months of fiscal 2017 and 2016, respectively. The effective tax rates for the second quarter and six months of fiscal 2017 and fiscal 2016 were impacted by such items as the domestic production deduction and state income taxes. In addition, changes in tax reserves resulting from the expiration of statutes of limitations reduced the effective tax rate for the second quarter of fiscal 2016 by 2.9% and the six months of fiscal 2016 by 1.4%.
Unrecognized tax benefits were $314 million and $305 million at April 1, 2017, and October 1, 2016, respectively.
We estimate that during the next twelve months it is reasonably possible that unrecognized tax benefits could decrease by as much as $24 million primarily due to settlements with taxing authorities and expiration of statutes of limitations in various jurisdictions.