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Income Taxes
6 Months Ended
Jun. 30, 2019
Income Tax Disclosure [Abstract]  
Income Taxes
NOTE 3 — INCOME TAXES
Our provision for income taxes for the quarters ended June 30, 2019 and 2018 was $271 million and $272 million, respectively, and the effective tax rates were 25.7% and 24.9%, respectively. Our provision for income taxes for the six months ended June 30, 2019 and 2018 was $550 million and $529 million, respectively, and the effective tax rates were 23.2% and 21.2%, respectively. Our provision for income taxes included tax benefits related to the settlement of employee equity awards of $
4
 million for each of the quarters ended June 30, 2019 and 2018, and $
53
 million and $96 million for the six months ended June 30, 2019 and 2018, respectively.
Our liability for unrecognized tax benefits was $510 million, including accrued interest of $60 million, as of June 30, 2019 ($435 million and $48 million, respectively, as of December 31, 2018). Unrecognized tax benefits of $153 million ($137 million as of December 31, 2018) would affect the effective rate, if recognized.
The Internal Revenue Service began an examination of the Company’s 2016 and 2017 federal income tax returns during 2019. We are also subject to examination by state and foreign taxing authorities. Depending on the resolution of any federal, state and foreign tax disputes, the completion of examinations by federal, state or foreign taxing authorities, or the expiration of statutes of limitation for specific taxing jurisdictions, we believe it is reasonably possible that our liability for unrecognized tax benefits may significantly increase or decrease within the next 12 months. However, we are currently unable to estimate the range of any possible change.