Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Schedule of the components of the provision (benefit) for income taxes

The components of the provision for income taxes for each of the three years in the period ended December 31, 2015 are as follows:



	Year ended December 31,
	2015		2014		2013
Current
Federal	$	13	$	2	$	10
Foreign	15		42		39
State and local	14		5		2
	42		49		51
Deferred
Federal	300		240		149
Foreign	5		2		4
State and local	31		19		14
	336		261		167
Total	$	378	$	310	$	218

Schedule of effective income tax rate reconciliation

A reconciliation of the provision for income taxes and the amount computed by applying the statutory federal income tax rate of 35 percent to the income before provision for income taxes for each of the three years in the period ended December 31, 2015 is as follows:



	Year ended December 31,
	2015			2014			2013
Computed tax at statutory tax rate	$	337		$	297		$	212
State income taxes, net of federal tax benefit	41			22			15
Non-deductible expenses and other	8			8			8
Foreign taxes	(8		)	(17		)	(17		)
Total	$	378		$	310		$	218

Schedule of deferred tax assets and liabilities

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



	December 31, 2015			December 31, 2014
Reserves and allowances	$	112		$	107
Intangibles	—			1
Debt cancellation and other	48			58
Net operating loss and credit carryforwards	73			237
Total deferred tax assets	233			403
Property and equipment	(1,714		)	(1,535		)
Intangibles	(272		)	(312		)
Valuation allowance	(12		)	—
Total deferred tax liability	(1,998		)	(1,847		)
Total deferred income tax liability (1)	$	(1,765	)	$	(1,444	)

(1) In 2015, we adopted guidance that requires that deferred tax liabilities and assets be classified as non-current in the balance sheet. The total deferred income tax liability as of December 31, 2015 and 2014 is presented above in accordance with this new guidance. See note 2 to our consolidated financial statements for additional detail.

Schedule of unrecognized tax benefits

The following table summarizes the activity related to unrecognized tax benefits, some of which would impact our effective tax rate if recognized:



	2015			2014
Balance at January 1	$	7		$	7
Additions for tax positions of prior years	1			—
Reductions for tax positions of prior years	(1		)	—
Settlements	(4		)	—
Balance at December 31	$	3		$	7