Note 8 - Income Taxes

Current and Deferred Income Tax Assets at June 30, 2014 and December 31, 2013 were:



(Dollars in Millions)	Jun 30, 2014		Dec 31, 2013
Current Income Tax Assets	$	10.1	$	—
Deferred Income Tax Assets	—		31.8
Current and Deferred Income Tax Assets	$	10.1	$	31.8

The components of Liabilities for Income Taxes at June 30, 2014 and December 31, 2013 were:



(Dollars in Millions)	Jun 30, 2014		Dec 31, 2013
Current Income Tax Liabilities	$	—	$	1.5
Deferred Income Tax Liabilities	46.5		—
Unrecognized Tax Benefits	6.9		6.8
Liabilities for Income Taxes	$	53.4	$	8.3

Income taxes paid were $30.5 million and $39.5 million for the six months ended June 30, 2014 and 2013, respectively.

In July 2014, the Company extended the federal statute of limitations related to its 2007 through 2010 tax years to July 31, 2015. The extension was requested by the Internal Revenue Service to provide them with additional time to prepare the necessary documentation for the Joint Committee of Taxation’s review required by statute. The Company does not anticipate a material modification to the filed returns or the related refunds that have been received.

During the second quarter of 2014, the Illinois Department of Revenue finalized its examinations of the Company’s 2009 and 2010 tax returns with no material change in the Company’s tax liability.