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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2016
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, 2016, 2015 and 2014:
﻿ |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |
﻿ | Year Ended December 31,
﻿ | 2016 |  | 2015 |  | 2014
﻿Deferred tax expense (benefit) |  |  |  |  |  |  |  |
﻿Ireland | $ | 141,364 |  | $ | 151,623 |  | $ | 87,147
﻿The Netherlands |  | (8,346) |  |  | (7,453) |  |  | 1,339
﻿United States of America |  | (41,163) |  |  | (65,341) |  |  | 26,267
﻿Other |  | 14,124 |  |  | 22,130 |  |  | (5,744)
﻿ |  | 105,979 |  |  | 100,959 |  |  | 109,009
﻿ |  |  |  |  |  |  |  |
﻿Deferred tax expense (benefit) related to an increase (decrease) in changes in valuation allowance of deferred tax assets |  |  |  |  |  |  |  |
﻿Ireland |  | 1,562 |  |  | — |  |  | —
﻿The Netherlands |  | 12,843 |  |  | 13,915 |  |  | —
﻿United States of America |  | 54,056 |  |  | 10,074 |  |  | —
﻿Other |  | (13,100) |  |  | (13,922) |  |  | 6,850
﻿ |  | 55,361 |  |  | 10,067 |  |  | 6,850
﻿ |  |  |  |  |  |  |  |
﻿Current tax expense (benefit) |  |  |  |  |  |  |  |
﻿Ireland |  | 4,730 |  |  | (99) |  |  | 229
﻿The Netherlands |  | 1,164 |  |  | 37,512 |  |  | 5,290
﻿United States of America |  | 3,166 |  |  | 39,358 |  |  | 15,553
﻿Other |  | 3,096 |  |  | 2,008 |  |  | 442
﻿ |  | 12,156 |  |  | 78,779 |  |  | 21,514
﻿Provision for income taxes | $ | 173,496 |  | $ | 189,805 |  | $ | 137,373
﻿
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, 2016, 2015 and 2014:
﻿ |  |  |  |  |  |  |  |  |
﻿ | Year Ended December 31, |
﻿ | 2016 |  | 2015 (a) |  | 2014 (a) |
﻿Income tax expense at statutory income tax rate of 12.5% | $ | 150,050 |  | $ | 170,712 |  | $ | 114,612 |
﻿ |  |  |  |  |  |  |  |  |
﻿Non-taxable items (permanent differences) |  | 29,057 | (b) |  | 29,555 | (c) |  | 15,010 | (d)
﻿Foreign rate differential |  | (5,611) |  |  | (10,462) |  |  | 7,751 |
﻿ |  | 23,446 |  |  | 19,093 |  |  | 22,761 |
﻿Provision for income taxes | $ | 173,496 |  | $ | 189,805 |  | $ | 137,373 |
﻿
| (a) |  | Effective February 1, 2016, we moved our headquarters and executive officers from Amsterdam to Dublin, and as of February 1, 2016, we became tax resident in Ireland. Accordingly, we have updated the figures for the years ended December 31, 2015 and 2014 as compared to those previously reported in the financial statements contained in our 2015 annual report on Form 20-F to reflect the permanent differences being taxed at the Irish statutory rate of 12.5% rather than the Dutch statutory rate of 25%.
| (b) |  | The 2016 non-taxable items included non-deductible share-based compensation in Ireland and in the Netherlands, non-deductible intercompany interest allocated to the United States of America and a valuation allowance taken in respect of U.S., Dutch and Irish tax losses. It also included the non-taxable income arising from aircraft with a higher tax basis in general.
| (c) |  | The 2015 non-taxable items 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. It also included the non-taxable income arising from aircraft with a higher tax basis in general.
| (d) |  | The 2014 non-taxable items 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. It also included the non-taxable income arising from aircraft with a higher tax basis in general.
Schedule Of Global Tax Activities | The following tables present our foreign rate differential by tax jurisdiction for the years ended December 31, 2016, 2015 and 2014: ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿ | Year Ended December 31, 2016
﻿ | Pre-tax income (loss) |  | Local statutory tax rate (a) |  | Variance to Irish statutory tax rate of 12.5% |  | Tax variance as a result of global activities (b)
﻿Tax jurisdiction |  |  |  |  |  |  |  |  |  |  |
﻿Ireland | $ | 1,151,387 |  | 12.5 | % |  | 0.0 | % |  | $ | —
﻿The Netherlands |  | 37,580 |  | 25.0 | % |  | 12.5 | % |  |  | 4,698
﻿United States of America |  | 44,238 |  | 36.3 | % |  | 23.8 | % |  |  | 10,529
﻿Isle of Man |  | 181,286 |  | 0.0 | % |  | (12.5) | % |  |  | (22,661)
﻿Other |  | 18,989 |  | 22.1 | % |  | 9.6 | % |  |  | 1,823
﻿ | $ | 1,433,480 |  |  |  |  |  |  |  | $ | (5,611)
﻿Non-taxable items (c) |  | (233,084) |  |  |  |  |  |  |  |  |
﻿Income from continuing operations before income tax | $ | 1,200,396 |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿ | Year Ended December 31, 2015 (d)
﻿ | Pre-tax income (loss) |  | Local statutory tax rate (a) |  | Variance to Irish statutory tax rate of 12.5% |  | Tax variance as a result of global activities (b)
﻿Tax jurisdiction |  |  |  |  |  |  |  |  |  |  |
﻿Ireland | $ | 1,212,190 |  | 12.5 | % |  | 0.0 | % |  | $ | —
﻿The Netherlands |  | 175,897 |  | 25.0 | % |  | 12.5 | % |  |  | 21,987
﻿United States of America |  | (43,825) |  | 36.3 | % |  | 23.8 | % |  |  | (10,430)
﻿Isle of Man |  | 181,118 |  | 0.0 | % |  | (12.5) | % |  |  | (22,640)
﻿Other |  | 77,671 |  | 13.3 | % |  | 0.8 | % |  |  | 621
﻿ | $ | 1,603,051 |  |  |  |  |  |  |  | $ | (10,462)
﻿Non-taxable items (e) |  | (237,352) |  |  |  |  |  |  |  |  |
﻿Income from continuing operations before income tax | $ | 1,365,699 |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿ | Year Ended December 31, 2014 (d)
﻿ | Pre-tax income (loss) |  | Local statutory tax rate (a) |  | Variance to Irish statutory tax rate of 12.5% |  | Tax variance as a result of global activities (b)
﻿Tax jurisdiction |  |  |  |  |  |  |  |  |  |  |
﻿Ireland | $ | 694,605 |  | 12.5 | % |  | 0.0 | % |  | $ | —
﻿The Netherlands |  | 26,081 |  | 25.0 | % |  | 12.5 | % |  |  | 3,260
﻿United States of America |  | 95,585 |  | 38.3 | % |  | 25.8 | % |  |  | 24,661
﻿Isle of Man |  | 167,689 |  | 0.0 | % |  | (12.5) | % |  |  | (20,961)
﻿Other |  | 7,528 |  | 23.0 | % |  | 10.5 | % |  |  | 791
﻿ | $ | 991,488 |  |  |  |  |  |  |  | $ | 7,751
﻿Non-taxable items (f) |  | (74,590) |  |  |  |  |  |  |  |  |
﻿Income from continuing operations before income tax | $ | 916,898 |  |  |  |  |  |  |  |  |
﻿
| (a) |  | The local statutory income tax expense for our significant tax jurisdictions (Ireland, the Netherlands, 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 higher or lower statutory tax rate than the statutory tax rate in Ireland.
| (c) |  | The 2016 non-taxable items included non-deductible share-based compensation in Ireland and in the Netherlands, non-deductible intercompany interest allocated to the United States of America and a valuation allowance taken in respect of U.S., Dutch and Irish tax losses. It also included the non-taxable income arising from aircraft with a higher tax basis in general.
| (d) |  | Due to our migration from the Netherlands to Ireland as of February 1, 2016, we have updated the tax rate reconciliation for the years ended December 31, 2015 and 2014. The tax variance as a result of the global activities has been calculated as the difference between the local statutory tax rate in the relevant jurisdictions and the Irish statutory tax rate of 12.5%.
| (e) |  | The 2015 non-taxable items 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. It also included the non-taxable income arising from aircraft with a higher tax basis in general.
| (f) |  | The 2014 non-taxable items 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. It also included the non-taxable income arising from aircraft with a higher tax basis in general.
Deferred Tax Liabilities And Assets | The following tables provide details regarding the principal components of our deferred income tax liabilities and assets by jurisdiction as of December 31, 2016 and 2015: ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ | As of December 31, 2016
﻿ | Ireland |  | The Netherlands |  | United States of America |  | Other |  | Total
﻿Depreciation/Impairment | $ | (1,030,901) |  | $ | 8,547 |  | $ | (16,322) |  | $ | (63) |  | $ | (1,038,739)
﻿Intangibles |  | (6,353) |  |  | — |  |  | (16,242) |  |  | — |  |  | (22,595)
﻿Interest expense |  | — |  |  | — |  |  | (588) |  |  | — |  |  | (588)
﻿Accrued maintenance liability |  | (6,028) |  |  | — |  |  | 12,810 |  |  | — |  |  | 6,782
﻿Obligations under capital leases and debt obligations |  | (3,151) |  |  | — |  |  | — |  |  | — |  |  | (3,151)
﻿Investments |  | — |  |  | — |  |  | (12,641) |  |  | — |  |  | (12,641)
﻿Deferred losses |  | — |  |  | — |  |  | 66,119 |  |  | — |  |  | 66,119
﻿Accrued expenses |  | — |  |  | — |  |  | 13,942 |  |  | — |  |  | 13,942
﻿Valuation allowance |  | (1,562) |  |  | (26,758) |  |  | (89,130) |  |  | (9,911) |  |  | (127,361)
﻿Losses and credits forward |  | 666,214 |  |  | 26,759 |  |  | 92,215 |  |  | 20,693 |  |  | 805,881
﻿Other |  | (46,133) |  |  | (4,399) |  |  | 5,539 |  |  | (6,190) |  |  | (51,183)
﻿Net deferred income tax (liabilities) assets | $ | (427,914) |  | $ | 4,149 |  | $ | 55,702 |  | $ | 4,529 |  | $ | (363,534)
﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ | As of December 31, 2015
﻿ | Ireland |  | The Netherlands |  | United States of America |  | Other |  | Total
﻿Depreciation/Impairment | $ | (876,219) |  | $ | 11,580 |  | $ | 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 |  | 630,302 |  |  | 13,915 |  |  | 32,342 |  |  | 39,282 |  |  | 715,841
﻿Other |  | (20,647) |  |  | (2,936) |  |  | 7,350 |  |  | (11,651) |  |  | (27,884)
﻿Net deferred income tax (liabilities) assets | $ | (287,049) |  | $ | 8,644 |  | $ | 68,635 |  | $ | 5,583 |  | $ | (204,187)
﻿
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, 2016 and 2015: ﻿
﻿ |  |  |  |  |
﻿ |  |  |  |  |
﻿ | Year Ended December 31,
﻿ | 2016 |  | 2015
﻿Valuation allowance at beginning of period | $ | 72,000 |  | $ | 61,933
﻿Increase of allowance to income tax provision |  | 55,361 |  |  | 10,067
﻿Valuation allowance at end of period | $ | 127,361 |  | $ | 72,000
﻿

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