Income Taxes (Tables)

12 Months Ended

Dec. 31, 2014

Income Tax Disclosure [Abstract]

Schedule of income before income tax

The components of pretax income for the years ended December 31, 2014, 2013 and 2012 are as follows:

	Year Ended December 31,
	2014		2013		2012
	(In millions)
United States	$	173	$	594	$	605
International	3,358		2,872		2,479
	$	3,531	$	3,466	$	3,084

Schedule of components of income tax expense (benefit)

The provision for income taxes is comprised of the following:

	Year Ended December 31,
	2014			2013			2012
	(In millions)
Current:
Federal	$	492		$	455		$	327
State and local	20			(4		)	63
Foreign	165			190			120
	$	677		$	641		$	510
Deferred:
Federal	$	2,808		$	18		$	34
State and local	14			(22		)	(24		)
Foreign	(14		)	(27		)	(45		)
	2,808			(31		)	(35		)
	$	3,485		$	610		$	475

Schedule of effective income tax rate reconciliation

The following is a reconciliation of the difference between the actual provision for income taxes and the provision computed by applying the federal statutory rate of 35% for 2014, 2013 and 2012 to income before income taxes:

	Year Ended December 31,
	2014			2013			2012
	(In millions)
Provision at statutory rate	$	1,236		$	1,213		$	1,080
Permanent differences:
Prior year foreign earnings no longer considered indefinitely reinvested	2,991			—			—
Foreign income taxed at different rates	(709		)	(607		)	(617		)
Change in valuation allowance	(141		)	—			3
Stock-based compensation	42			33			(14		)
State taxes, net of federal benefit	34			(26		)	39
Research and other tax credits	(27		)	(43		)	1
Divested business	—			21			(41		)
Other	59			19			24
	$	3,485		$	610		$	475

Schedule of deferred tax assets and liabilities

Significant deferred tax assets and liabilities consist of the following:

	December 31,
	2014			2013
	(In millions)
Deferred tax assets:
Net operating loss, capital loss and credits	$	172		$	310
Accruals and allowances	371			341
Stock-based compensation	161			145
Net unrealized losses	19			5
Net deferred tax assets	723			801
Valuation allowance	(49		)	(186		)
	$	674		$	615
Deferred tax liabilities:
Unremitted foreign earnings	$	(2,995	)	$	(246	)
Acquisition-related intangibles	(160		)	(296		)
Depreciation and amortization	(398		)	(351		)
Available-for-sale securities	(285		)	(332		)
Other	(24		)	(28		)
	(3,862		)	(1,253		)
	$	(3,188	)	$	(638	)

Changes in unrecognized tax benefits

	2014			2013			2012
	(In millions)
Gross amounts of unrecognized tax benefits as of the beginning of the period	$	334		$	340		$	286
Increases related to prior period tax positions	35			104			60
Decreases related to prior period tax positions	(18		)	(143		)	(24		)
Increases related to current period tax positions	61			37			19
Settlements	(16		)	(4		)	(1		)
Gross amounts of unrecognized tax benefits as of the end of the period	$	396		$	334		$	340