Income Taxes (Tables)

12 Months Ended

Dec. 31, 2014

	Year Ended December 31,
	2014			2013			2012
	(In thousands)
Balance as of January 1	$	47,552		$	83,950		$	68,848
Additions based on tax positions related to the current year		167,107	(1)		145			922
Additions for tax positions of prior years		1,744			3,360			16,372	(3)
Reductions for tax positions for prior years		(4,473	)		(30,320	)(2)		(1,174	)
Settlements		(8,223	)		(9,583	)		(1,018	)

Balance as of December 31	$	203,707		$	47,552		$	83,950

(1)	Includes $166.0 million related to internal restructuring.
(2)	Includes $21.6 million related to settlements in Mexico, Canada and Algeria and $8.7 million due to the expiration of statutes.
(3)	Includes an uncertain tax position of $10.4 million related to a Mexico audit assessment.

	Year Ended December 31,
	2014			2013			2012
	(In thousands)
United States and Other Jurisdictions
United States	$	(598,121	)	$	(84,032	)	$	193,125
Other jurisdictions		(6,494	)		190,192			83,835

Income (loss) from continuing operations before income taxes	$	(604,615	)	$	106,160		$	276,960

	Year Ended December 31,
	2014			2013			2012
	(In thousands)
Income tax provision at statutory (Bermuda rate of 0%)	$	—		$	—		$	—
Taxes (benefit) on U.S. and other international earnings (losses) at greater than the Bermuda rate		(83,747	)		(33,277	)		(39,830	)
Increase (decrease) in valuation allowance		(9,934	)		25,592			33,730
Tax reserves and interest		166,347			(39,921	)		26,176
State income taxes (benefit)		(10,000	)		(7,575	)		20,910

Income tax expense (benefit)	$	62,666		$	(55,181	)	$	40,986

Effective tax rate		(10.4	)%		(52.0	)%		14.8	%

	December 31,
	2014			2013
	(In thousands)
Deferred tax assets:
Net operating loss carryforwards	$	1,470,407		$	1,658,084
Equity compensation		35,296			32,219
Deferred revenue		23,116			35,689
Tax credit and other attribute carryforwards		116,833			109,294
Insurance loss reserves		6,235			4,645
Accrued Interest		227,572			224,959
Other		143,302			162,678

Subtotal		2,022,761			2,227,568
Valuation allowance		(1,537,507	)		(1,547,441	)

Deferred tax assets:	$	485,254		$	680,127

Deferred tax liabilities:
Depreciation and amortization for tax in excess of book expense	$	760,294		$	967,689
Variable interest investments		4,496			85,979
Other		17,953			17,890

Deferred tax liability	$	782,743		$	1,071,558

Net deferred tax assets (liabilities)	$	(297,489	)	$	(391,431	)

Balance Sheet Summary:
Net current deferred asset	$	118,230		$	121,316
Net noncurrent deferred asset(1)		30,961			6,491
Net current deferred liability(2)		(3,677	)		(3,077	)
Net noncurrent deferred liability		(443,003	)		(516,161	)

Net deferred asset (liability)	$	(297,489	)	$	(391,431	)

(1)	This amount is included in other long-term assets.
(2)	This amount is included in accrued liabilities.