Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Schedule of Components of The Income Tax (Expense) Benefit

Significant components of the Income tax (expense) benefit on earnings from continuing operations were as follows:



For the years ended December 31,	2019			2018			2017
Current:
United States	$	17,822		$	(32,861	)	$	28,091
Foreign	(97,722		)	(90,887		)	(97,446		)
State	(329		)	(262		)	(400		)
Total current	(80,229		)	(124,010		)	(69,755		)
Deferred:
United States	(6,465		)	10,537			124,043
Foreign	5,753			(18,137		)	27,216
State	285			(161		)	11,485
Total deferred	(427		)	(7,761		)	162,744
Total income tax (expense) benefit	$	(80,656	)	$	(131,771	)	$	92,989

Schedule of Components of Deferred Tax Assets And Liabilities

Significant components of deferred tax assets and liabilities arising from continuing operations were as follows:



December 31,	2019			2018
Deferred tax assets:
Net operating loss and tax credits carryforwards	$	530,647		$	727,213
Depreciation	57,752			81,194
Deferred revenue	17,544			56,004
Allowance for doubtful accounts	23,515			21,069
Deferred compensation	24,645			30,677
Unrealized loss	75,324			74,982
Nondeductible reserves	42,275			40,584
Interest	16,741			17,652
Operating lease asset	236,084			—
Total deferred tax assets	1,024,527			1,049,375
Deferred tax liabilities:
Investment in subsidiaries	84,880			97,208
Amortization of intangible assets	258,852			253,147
Operating lease liability	230,855			—
Other	1,260			1,829
Total deferred tax liabilities	575,847			352,184
Net deferred tax assets	448,680			697,191
Valuation allowance for net deferred tax assets	(541,641		)	(778,262		)
Net deferred tax liabilities	$	(92,961	)	$	(81,071	)

Summary of Valuation Allowance

The reconciliations of the beginning and ending balances of the valuation allowance on deferred tax assets were as follows:



For the years ended December 31,	2019			2018			2017
Balance at beginning of period	$	778,262		$	815,689		$	1,167,927
(Deductions) additions to costs and expenses ^(a)	11,611			335			7,175
Charges to other accounts
Additions	—			—			—
Deductions ^(b)	(248,232		)	(37,762		)	(359,413		)
Balance at end of period	$	541,641		$	778,262		$	815,689

^(a) (Deductions) additions to costs and expenses include amounts related to withholding tax credits recorded for the Netherlands.

^(b) Deductions include reclassifications and foreign currency translation, and TCJA-related adjustments described in the section below.

Schedule of Effective Income Tax Rate Reconciliation

The reconciliations of the reported Income tax (expense) benefit to the amount that would result by applying the United States federal statutory tax rate of 21% to income from continuing operations before income taxes were as follows:



For the years ended December 31,	2019			2018			2017
Tax (expense) benefit at the United States statutory rate	$	(19,824	)	$	(25,460	)	$	16,121
Permanent differences	(20,543		)	20,686			(13,216		)
State income tax benefit, net of federal tax effect	4,005			(335		)	(1,154		)
Tax effect of foreign income taxed at lower rate	(23,895		)	16,683			34,711
Change in valuation allowance	(35,500		)	(98,414		)	(139,375		)
Effect of tax contingencies	12,966			5,203			11,198
Tax credits	36,981			37,769			47,348
Withholding taxes	(6,815		)	(57,190		)	4,678
U.S. tax on repatriated earnings	—			—			(875		)
Impairments	—			(649		)	—
Impact of Tax Cuts and Jobs Act:
Transition tax on unremitted earnings	—			—			(160,567		)
Tax effect of rate changes	—			—			82,392
Change in valuation allowance	14,969			9,354			202,758
State income tax benefit, net of federal tax effect	(4,104		)	(5,350		)	8,360
GILTI	(38,305		)	(34,650		)	—
Other	(591		)	582			610
Total income tax (expense) benefit	$	(80,656	)	$	(131,771	)	$	92,989

Schedule of Beginning And Ending Amount of Unrecognized Tax Benefits

The reconciliations of the beginning and ending amount of unrecognized tax benefits were as follows:



For the years ended December 31,	2019			2018			2017
Beginning of the period	$	60,780		$	81,073		$	81,325
Additions for tax positions related to prior years	321			4,379			5,691
Decreases for tax positions related to prior years	(2,349		)	(1,541		)	(10,095		)
Additions for tax positions related to current year	9,940			9,725			11,551
Decreases for unrecognized tax benefits as a result of a lapse in the statute of limitations	(3,150		)	(5,282		)	(7,355		)
Settlements for tax positions related to prior years	—			(27,574		)	(44		)
End of the period	$	65,542		$	60,780		$	81,073