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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2015
Income Taxes [Abstract] |
Summary Of Income Tax Expense (Benefit) By Tax Jurisdiction | The following table presents our provision for income taxes by tax jurisdiction for the years ended December 31, 2015, 2014 and 2013:
| Year Ended December 31,
| 2015 |  | 2014 |  | 2013
Deferred tax expense (benefit) |  |  |  |  |  |  |  |
The Netherlands | $ | (7,453) |  | $ | 1,339 |  | $ | 686
Ireland |  | 151,623 |  |  | 87,147 |  |  | 17,158
United States of America |  | (65,341) |  |  | 26,267 |  |  | 3,686
Other |  | 22,130 |  |  | (5,744) |  |  | (344)
|  | 100,959 |  |  | 109,009 |  |  | 21,186
Deferred tax expense (benefit) related to an increase (decrease) in changes in valuation allowance of deferred tax assets |  |  |  |  |  |  |  |
The Netherlands |  | 13,915 |  |  | — |  |  | —
United States of America |  | 10,074 |  |  | — |  |  | —
Other |  | (13,922) |  |  | 6,850 |  |  | —
|  | 10,067 |  |  | 6,850 |  |  | —
Current tax expense (benefit) |  |  |  |  |  |  |  |
The Netherlands |  | 37,512 |  |  | 5,290 |  |  | 4,840
Ireland |  | (99) |  |  | 229 |  |  | —
United States of America |  | 39,358 |  |  | 15,553 |  |  | —
Other |  | 2,008 |  |  | 442 |  |  | —
|  | 78,779 |  |  | 21,514 |  |  | 4,840
Provision for income taxes | $ | 189,805 |  | $ | 137,373 |  | $ | 26,026
Reconciliation Of Statutory Income Tax Expense/(Benefit) | The following table provides a reconciliation of the statutory income tax expense to provision for income taxes for the years ended December 31, 2015, 2014 and 2013:
| Year Ended December 31,
| 2015 |  | 2014 |  | 2013
Income tax expense at statutory income tax rate of 25% | $ | 341,425 |  | $ | 229,224 |  | $ | 77,698
Non-deductible expenditures (permanent differences) (a) |  | 59,234 |  |  | 24,426 |  |  | (128)
Foreign rate differential |  | (210,854) |  |  | (116,277) |  |  | (51,544)
|  | (151,620) |  |  | (91,851) |  |  | (51,672)
Provision for income taxes | $ | 189,805 |  | $ | 137,373 |  | $ | 26,026
| (a) |  | The 2015 non-deductible expenditures included the non-deductible intercompany interest allocated to the United States of America, non-deductible share-based compensation in the Netherlands, non-deductible costs relating to the transfer of certain functions from the Netherlands to Ireland, and a valuation allowance taken in respect of U.S. and Dutch tax losses. In the United States of America, due to the restructuring of certain entities, previously disallowed tax assets can now be utilized against additional projected taxable income, resulting in the release of $25.0 million of valuation allowance from the opening balance sheet. It also included the non-taxable income arising from aircraft with a higher tax basis in general. The 2014 non-deductible expenditures included the non-deductible intercompany interest allocated to the United States of America, non-deductible share-based compensation in the Netherlands and the non-deductible transaction costs from the ILFC Transaction.
Schedule Of Global Tax Activities | The following tables present our foreign rate differential by tax jur isdiction for the years ended December 31, 2015, 2014 and 2013:
| Year Ended December 31, 2015
| Pre-tax income (loss) |  | Local statutory tax rate (a) |  | Variance to Dutch statutory tax rate of 25.0% |  | Tax variance as a result of global activities (b)
Tax jurisdiction |  |  |  |  |  |  |  |  |  |  |
The Netherlands | $ | 175,897 |  | 25.0 | % |  | 0.0 | % |  | $ | —
Ireland |  | 1,212,190 |  | 12.5 | % |  | (12.5) | % |  |  | (151,524)
United States of America |  | (43,825) |  | 36.3 | % |  | 11.3 | % |  |  | (4,952)
Isle of Man |  | 181,118 |  | 0.0 | % |  | (25.0) | % |  |  | (45,280)
Other |  | 77,671 |  | 13.3 | % |  | (11.7) | % |  |  | (9,099)
| $ | 1,603,051 |  |  |  |  |  |  |  | $ | (210,854)
Loss arising from non-taxable items (c) |  | (237,352) |  |  |  |  |  |  |  |  |
Income from continuing operations before income tax | $ | 1,365,699 |  |  |  |  |  |  |  |  |
| Year Ended December 31, 2014
| Pre-tax income (loss) |  | Local statutory tax rate (a) |  | Variance to Dutch statutory tax rate of 25.0% |  | Tax variance as a result of global activities (b)
Tax jurisdiction |  |  |  |  |  |  |  |  |  |  |
The Netherlands | $ | 26,081 |  | 25.0 | % |  | 0.0 | % |  | $ | —
Ireland |  | 694,605 |  | 12.5 | % |  | (12.5) | % |  |  | (86,826)
United States of America |  | 95,585 |  | 38.3 | % |  | 13.3 | % |  |  | 12,713
Isle of Man |  | 167,689 |  | 0.0 | % |  | (25.0) | % |  |  | (41,922)
Other |  | 7,528 |  | 23.0 | % |  | (2.0) | % |  |  | (242)
| $ | 991,488 |  |  |  |  |  |  |  | $ | (116,277)
Loss arising from non-taxable items (c) |  | (74,590) |  |  |  |  |  |  |  |  |
Income from continuing operations before income tax | $ | 916,898 |  |  |  |  |  |  |  |  |
| Year Ended December 31, 2013
| Pre-tax income (loss) |  | Local statutory tax rate (a) |  | Variance to Dutch statutory tax rate of 25.0% |  | Tax variance as a result of global activities (b)
Tax jurisdiction |  |  |  |  |  |  |  |  |  |  |
The Netherlands | $ | 22,106 |  | 25.0 | % |  | 0.0 | % |  | $ | —
Ireland |  | 135,424 |  | 12.5 | % |  | (12.5) | % |  |  | (16,928)
United States of America |  | 10,354 |  | 35.6 | % |  | 10.6 | % |  |  | 1,098
Sweden |  | (1,848) |  | 18.6 | % |  | (6.4) | % |  |  | 118
Isle of Man |  | 143,327 |  | 0.0 | % |  | (25.0) | % |  |  | (35,832)
| $ | 309,363 |  |  |  |  |  |  |  | $ | (51,544)
Income arising from non-taxable items |  | 1,428 |  |  |  |  |  |  |  |  |
Income from continuing operations before income tax | $ | 310,791 |  |  |  |  |  |  |  |  |
| (a) |  | The local statutory income tax expense for our significant tax jurisdictions (the Netherlands, Ireland, the United States of America and Isle of Man) does not differ from the actual income tax expense.
| (b) |  | The tax variance as a result of global activities is primarily caused by our operations in countries with a lower statutory tax rate than the statutory tax rate in the Netherlands.
| (c) |  | The 2015 non-taxable income included the non-deductible intercompany interest allocated to the United States of America, non-deductible share-based compensation in the Netherlands, non-deductible costs relating to the transfer of certain functions from the Netherlands to Ireland, and a valuation allowance taken in respect of U.S. and Dutch tax losses. The 2014 non-taxable income included the non-deductible intercompany interest allocated to the United States of America, non-deductible share-based compensation in the Netherlands and the non-deductible transaction costs from the ILFC Transaction.
Deferred Tax Assets And Liabilities | The following tables provide details regarding the principal components of our deferred income tax assets and liabilities by j urisdiction as of December 31, 201 5 and 201 4:
| As of December 31, 2015
| The Netherlands |  | Ireland |  | United States of America |  | Other |  | Total
Depreciation/Impairment | $ | 11,580 |  | $ | (876,219) |  | $ | 5,393 |  | $ | 963 |  | $ | (858,283)
Intangibles |  | — |  |  | (10,071) |  |  | (18,763) |  |  | — |  |  | (28,834)
Interest expense |  | — |  |  | — |  |  | (5,435) |  |  | — |  |  | (5,435)
Accrued maintenance liability |  | — |  |  | (7,003) |  |  | 11,880 |  |  | — |  |  | 4,877
Obligations under capital leases and debt obligations |  | — |  |  | (3,411) |  |  | — |  |  | — |  |  | (3,411)
Investments |  | — |  |  | — |  |  | (10,155) |  |  | — |  |  | (10,155)
Deferred losses |  | — |  |  | — |  |  | 66,543 |  |  | — |  |  | 66,543
Accrued expenses |  | — |  |  | — |  |  | 14,554 |  |  | — |  |  | 14,554
Valuation allowance |  | (13,915) |  |  | — |  |  | (35,074) |  |  | (23,011) |  |  | (72,000)
Losses and credits forward |  | 13,915 |  |  | 630,302 |  |  | 32,342 |  |  | 39,282 |  |  | 715,841
Other |  | (2,936) |  |  | (20,647) |  |  | 7,350 |  |  | (11,651) |  |  | (27,884)
Net deferred income tax assets (liabilities) | $ | 8,644 |  | $ | (287,049) |  | $ | 68,635 |  | $ | 5,583 |  | $ | (204,187)
| As of December 31, 2014
| The Netherlands |  | Ireland |  | United States of America |  | Other |  | Total
Depreciation/Impairment | $ | 12,479 |  | $ | (618,323) |  | $ | (28,964) |  | $ | (3,189) |  | $ | (637,997)
Debt |  | — |  |  | (355) |  |  | 1,681 |  |  | — |  |  | 1,326
Intangibles |  | — |  |  | (73) |  |  | (36,960) |  |  | — |  |  | (37,033)
Interest expense |  | — |  |  | — |  |  | 6,008 |  |  | — |  |  | 6,008
Accrued maintenance liability |  | — |  |  | (7,673) |  |  | 19,816 |  |  | — |  |  | 12,143
Obligations under capital leases and debt obligations |  | — |  |  | (3,725) |  |  | — |  |  | — |  |  | (3,725)
Investments |  | — |  |  | 2,500 |  |  | (5,446) |  |  | — |  |  | (2,946)
Deferred losses |  | — |  |  | — |  |  | 49,787 |  |  | — |  |  | 49,787
Accrued expenses |  | — |  |  | — |  |  | 26,532 |  |  | — |  |  | 26,532
Valuation allowance |  | — |  |  | — |  |  | (25,000) |  |  | (36,933) |  |  | (61,933)
Losses and credits forward |  | — |  |  | 514,757 |  |  | 3,586 |  |  | 43,949 |  |  | 562,292
Other |  | 3,210 |  |  | (1,127) |  |  | 2,870 |  |  | (13,241) |  |  | (8,288)
Net deferred income tax assets (liabilities) | $ | 15,689 |  | $ | (114,019) |  | $ | 13,910 |  | $ | (9,414) |  | $ | (93,834)
Summary Of Valuation Allowance | The following table presents the movements in the valuation allowance for deferred income tax assets during the years ended December 31, 2015 and 2014:
| Year Ended December 31,
| 2015 |  | 2014
Valuation allowance at beginning of period | $ | 61,933 |  | $ | —
ILFC Transaction |  | — |  |  | 55,083
Increase of allowance to income tax provision |  | 10,067 |  |  | 6,850
Valuation allowance at end of period | $ | 72,000 |  | $ | 61,933

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