Income Taxes	3 Months Ended
Mar. 31, 2017
Income Tax Disclosure [Abstract]
Income Taxes	9) INCOME TAXES The provision for income taxes represents federal, state and local, and foreign income taxes on earnings from continuing operations before income taxes and equity in loss of investee companies. The provision for income taxes was $138 million for the three months ended March 31, 2017 and $206 million for the three months ended March 31, 2016, reflecting an effective income tax rate of 22.7% and 30.8%, respectively. The income tax provision for the three months ended March 31, 2017 included a tax benefit of $22 million from the resolution of certain state income tax matters and excess tax benefits of $27 million associated with the exercise of stock options and vesting of RSUs. During the first quarter of 2017, the Company adopted FASB guidance which requires excess tax benefits to be recognized within the income tax provision on the statement of operations. Previously, excess tax benefits were recorded in stockholders’ equity on the balance sheet.

Income Taxes

3 Months Ended

Mar. 31, 2017

9) INCOME TAXES

The provision for income taxes represents federal, state and local, and foreign income taxes on earnings from continuing operations before income taxes and equity in loss of investee companies.

The provision for income taxes was $138 million for the three months ended March 31, 2017 and $206 million for the three months ended March 31, 2016, reflecting an effective income tax rate of 22.7% and 30.8%, respectively. The income tax provision for the three months ended March 31, 2017 included a tax benefit of $22 million from the resolution of certain state income tax matters and excess tax benefits of $27 million associated with the exercise of stock options and vesting of RSUs. During the first quarter of 2017, the Company adopted FASB guidance which requires excess tax benefits to be recognized within the income tax provision on the statement of operations. Previously, excess tax benefits were recorded in stockholders’ equity on the balance sheet.