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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2018
Income Tax Disclosure [Abstract] |
Reconciliation of statutory federal income tax rate to effective income tax rate | A reconciliation of the statutory federal income tax rate to the Company’s effective income tax rate for continuing operations is as follows:
| 2018 |  | 2017 |  | 2016
Statutory federal income tax rate | 21.0 | % |  | 35.0 | % |  | 35.0 | %
State income taxes, net of federal effect | 3.2 | % |  | 2.3 | % |  | 2.9 | %
Unconsolidated affiliate tax | 0.1 | % |  | 0.9 | % |  | 4.2 | %
Tax expense (benefit) due to federal tax reform | 1.2 | % |  | (20.3 | )% |  | — | %
Excess tax benefit from share-based awards | (2.2 | )% |  | (3.6 | )% |  | — | %
Sale of business | 1.3 | % |  | — | % |  | — | %
Domestic production activities deduction | — | % |  | (2.0 | )% |  | (3.0 | )%
Other, net | (0.3 | )% |  | (0.7 | )% |  | (0.5 | )%
Effective income tax rate | 24.3 | % |  | 11.6 | % |  | 38.6 | %
Schedule of income tax provision for continuing operations | The income tax provision (benefit) for continuing operations was as follows:
(In millions) | 2018 |  | 2017 |  | 2016
Current: |  |  |  |  |
Federal | $ | 189 |  |  | $ | 342 |  |  | $ | 402 |
State | 39 |  |  | 44 |  |  | 53 |
Foreign | 17 |  |  | 19 |  |  | 16 |
| 245 |  |  | 405 |  |  | 471 |
Deferred: |  |  |  |  |
Federal | 110 |  |  | (250 | ) |  | 21 |
State | 24 |  |  | 3 |  |  | 5 |
Foreign | (1 | ) |  | — |  |  | (5 | )
| 133 |  |  | (247 | ) |  | 21 |
Income tax provision | $ | 378 |  |  | $ | 158 |  |  | $ | 492 |
Schedule of deferred tax assets and liabilities | Significant components of deferred tax assets and liabilities consisted of the following at December 31:
(In millions) | 2018 |  | 2017
Accrued expenses | $ | 74 |  |  | $ | 39 |
Interest rate hedge contracts | 5 |  |  | 9 |
Share-based compensation | 43 |  |  | 40 |
Net operating loss and credit carry-forwards | 131 |  |  | 131 |
Deferred revenue | 11 |  |  | 17 |
Other | 14 |  |  | 7 |
Subtotal | 278 |  |  | 243 |
Valuation allowance | (101 | ) |  | (103 | )
Total deferred tax assets | 177 |  |  | 140 |
Capitalized software development costs | (129 | ) |  | (117 | )
Intangible assets | (437 | ) |  | (455 | )
Property and equipment | (66 | ) |  | (49 | )
Capitalized commissions | (80 | ) |  | — |
Investment in joint ventures | (78 | ) |  | — |
Other | (112 | ) |  | (48 | )
Total deferred tax liabilities | (902 | ) |  | (669 | )
Total | $ | (725 | ) |  | $ | (529 | )
Deferred tax assets and liabilities are reported in the consolidated balance sheets as follows at December 31:
(In millions) | 2018 |  | 2017
Noncurrent assets | $ | 20 |  |  | $ | 23 |
Noncurrent liabilities | (745 | ) |  | (552 | )
Total | $ | (725 | ) |  | $ | (529 | )
Schedule of unrecognized tax benefits | Unrecognized tax benefits were as follows:
(In millions) | 2018 |  | 2017 |  | 2016
Unrecognized tax benefits - Beginning of year | $ | 42 |  |  | $ | 45 |  |  | $ | 54 |
Increases for tax positions taken during the current year | 3 |  |  | 11 |  |  | 9 |
Increases for tax positions taken in prior years | 20 |  |  | 2 |  |  | 1 |
Decreases for tax positions taken in prior years | (8 | ) |  | (15 | ) |  | (15 | )
Decreases for settlements | — |  |  | (1 | ) |  | (2 | )
Lapse of the statute of limitations | (8 | ) |  | — |  |  | (2 | )
Unrecognized tax benefits - End of year | $ | 49 |  |  | $ | 42 |  |  | $ | 45 |

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319 + Details
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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319 + Details
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- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319 + Details
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- Definition Tabular disclosure for tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities and other income tax contingencies. Includes, but is not limited to, interest and penalties, reconciliation of unrecognized tax benefits, unrecognized tax benefits that would affect the effective tax rate, tax years that remain subject to examination by tax jurisdictions, and information about positions for which it is reasonably possible that amounts unrecognized will significantly change within 12 months. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15A -URI http://asc.fasb.org/extlink&oid=84230637&loc=SL6600010-109319 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32718-109319 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32840-109319 + Details
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