Income Taxes (Tables)

12 Months Ended

Dec. 31, 2012

Schedule of Components of Income Tax Expense (Benefit)

The components of the provision (benefit) for income taxes from continuing operations for each of the three years in the period ended December 31, 2012 are as follows:



	Year ended December 31,
	2012			2011		2010
Current
Federal	$	—		$	—	$	—
Foreign	27			22		16
State and local	2			2		1
	29			24		17
Deferred
Federal	(22		)	36		(48		)
Foreign	2			1		(1		)
State and local	4			2		(9		)
	(16		)	39		(58		)
Total	$	13		$	63	$	(41	)

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the provision (benefit) for income taxes and the amount computed by applying the statutory federal income tax rate of 35 percent to the income (loss) from continuing operations before provision (benefit) for income taxes for each of the three years in the period ended December 31, 2012 is as follows:



	Year ended December 31,
	2012			2011			2010
Computed tax at statutory tax rate	$	31		$	57		$	(22	)
State income taxes, net of federal tax benefit (1)	5			3			(8		)
Non-deductible expenses and other (2)	(8		)	12			(6		)
Foreign taxes	(15		)	(9		)	(5		)
Total	$	13		$	63		$	(41	)


(1)	2012 state income taxes, net of federal tax benefit includes $8 of expense primarily related to the write-off of certain state deferred tax assets as a result of the RSC acquisition.

(2) 2012 non-deductible expenses and other includes a $6 Canadian tax benefit due to settlements with the Canadian Revenue Authority and a $2 transfer pricing tax benefit. 2011 non-deductible expenses and other includes $6 due to the non-deductibility of certain costs associated with the proposed RSC acquisition and $3 related to an adjustment of federal and state deferred tax liabilities. 2010 non-deductible expenses and other includes a benefit of $7 related to a correction of a deferred tax asset recognized in prior periods.

Schedule of Deferred Tax Assets and Liabilities

The components of deferred income tax assets (liabilities) are as follows:



	December 31, 2012								December 31, 2011
	Current		Non Current			Total			Current		Non Current			Total
Reserves and allowances	$	61	$	58		$	119		$	45	$	33		$	78
Intangibles	—		—			—			—		45			45
Debt cancellation and other	—		37			37			—		—			—
Net operating loss and credit carryforwards	204		245			449			59		97			156
Total deferred tax assets	265		340			605			104		175			279
Property and equipment	—		(1,236		)	(1,236		)	—		(620		)	(620		)
Intangibles	—		(405		)	(405		)	—		(5		)	(5		)
Debt cancellation and other	—		—			—			—		(18		)	(18		)
Valuation allowance	—		(1		)	(1		)	—		(2		)	(2		)
Total deferred tax liability	—		(1,642		)	(1,642		)	—		(645		)	(645		)
Total deferred income tax asset (liability)	$	265	$	(1,302	)	$	(1,037	)	$	104	$	(470	)	$	(366	)

Schedule of Unrecognized Tax Benefits Rollforward

The Company's liability for unrecognized tax benefits relates to various foreign jurisdictions. The following table summarizes the activity related to the unrecognized tax benefits:



	2012			2011
Balance at January 1	$	6		$	6
Additions for tax positions of prior years	7			—
Additions for tax positions of prior years related to RSC acquisition	6			—
Settlements	(2		)	—
Balance at December 31	$	17		$	6