INCOME TAXES	3 Months Ended
Mar. 31, 2017
INCOME TAXES
INCOME TAXES	NOTE 11INCOME TAXES For the three months ended March 31, 2017, we did not provide any current or deferred tax provision on pre-tax income of $52 million because we have a full valuation allowance against our net deferred tax asset. Given our recent and anticipated future earnings trends, we do not believe any of our valuation allowance as of March 31, 2017 will be released within the next 12 months. The amount of the net deferred tax assets considered realizable could however be adjusted if estimates change. For the same period of 2016, we had a deferred tax benefit of $78 million resulting from a change in valuation allowance.

INCOME TAXES

3 Months Ended

Mar. 31, 2017

NOTE 11INCOME TAXES

For the three months ended March 31, 2017, we did not provide any current or deferred tax provision on pre-tax income of $52 million because we have a full valuation allowance against our net deferred tax asset. Given our recent and anticipated future earnings trends, we do not believe any of our valuation allowance as of March 31, 2017 will be released within the next 12 months. The amount of the net deferred tax assets considered realizable could however be adjusted if estimates change. For the same period of 2016, we had a deferred tax benefit of $78 million resulting from a change in valuation allowance.