
16.	Income Taxes

The following table provides details of income taxes (in millions, except percentages):



	Three Months Ended						Six Months Ended
	January 25, 2014			January 26, 2013			January 25, 2014			January 26, 2013
Income before provision for (benefit from) income taxes	$	1,755		$	2,780		$	4,295		$	5,411
Provision for (benefit from) income taxes	$	326		$	(363	)	$	870		$	176
Effective tax rate	18.6		%	(13.1		)%	20.3		%	3.3		%

As of January 25, 2014, the Company had $1.9 billion of unrecognized tax benefits, of which $1.6 billion, if recognized, would favorably impact the effective tax rate. The Company regularly engages in discussions and negotiations with tax authorities regarding tax matters in various jurisdictions. The Company believes it is reasonably possible that certain federal, foreign, and state tax matters may be concluded in the next 12 months. Specific positions that may be resolved include issues involving transfer pricing and various other matters. The Company estimates that it is reasonably possible that the unrecognized tax benefits at January 25, 2014 could be reduced by $175 million in the next 12 months.