XML 83 R21.htm IDEA: XBRL DOCUMENT

Income Taxes	6 Months Ended
Income Taxes	Apr. 27, 2014
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Applied’s effective tax rates for the second quarters of fiscal 2014 and 2013 were 28.2 percent and negative 43.3 percent, respectively. Applied’s effective tax rates for the first six months of fiscal 2014 and 2013 were 24.3 percent and negative 31.9 percent, respectively. The effective tax rates for the second quarter and first six months of fiscal 2013 were negative primarily due to a goodwill impairment charge recorded in the second quarter of fiscal 2013 that was not deductible. As a result of agreements with taxing authorities during the second quarter, existing liabilities for unrecognized tax benefits were reduced by $127 million with a corresponding increase in taxes payable. The reduction did not have a material impact on Applied’s effective tax rate.

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References+ Details