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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Income Tax Disclosure [Abstract]

Schedule of Components of Earnings from Continuing Operations before Income Taxes

The components of earnings (loss) from continuing operations before income taxes and the provision for (benefit from) income taxes from continuing operations were as follows:

		Years ended December 31,
		2019				2018				2017
		(In thousands)
Earnings (loss) from continuing operations before income taxes:
United States		$	(44,668	)		$	371,925			$	273,033
Foreign		2,397				17,544				23,403
Total		$	(42,271	)		$	389,469			$	296,436
Provision for (benefit from) income taxes from continuing operations:
Current tax expense (benefit) from continuing operations:
Federal (1)		$	(1,065	)		$	(23,333	)		$	6,752
State		9,187				6,862				9,360
Foreign		5,210				10,123				6,442
		13,332				(6,348		)		22,554
Deferred tax expense (benefit) from continuing operations:
Federal		(8,228		)		113,764				(455,021		)
State		(18,790		)		1,250				7,008
Foreign		(5,313		)		(6,119		)		1,794
		(32,331		)		108,895				(446,219		)
Total		$	(18,999	)		$	102,547			$	(423,665	)

_______________

(1) The current federal tax benefit in 2018 includes the anticipated $22 million alternative minimum tax refunds generated by the 2017 Tax Cuts and Jobs Act.

Schedule of Reconciliation of Federal Statutory Tax Rate with Effective Tax Rate from Continuing Operations

A reconciliation of the federal statutory tax rate with the effective tax rate from continuing operations follows:

		Years ended December 31,
		2019			2018			2017
		(Percentage of pre-tax earnings)
Federal statutory tax rate		21.0	%		21.0	%		35.0	%
Impact of one-time deemed repatriation		—	%		6.2	%		11.3	%
Impact on deferred taxes for changes in tax rates		20.5	%		(3.3	)%		(188.5	)%
Additional deferred tax adjustments		—	%		(1.5	)%		—	%
State income taxes, net of federal income tax benefit		(19.2	)%		3.7	%		3.3	%
Foreign rates varying from federal statutory tax rate		3.1	%		0.1	%		(4.2	)%
Tax contingencies		15.7	%		(0.9	)%		0.1	%
Tax credits		11.3	%		0.2	%		(0.1	)%
Other permanent book-tax differences		(8.6	)%		0.8	%		0.2	%
Other, net		1.1	%		—	%		—	%
Effective tax rate		44.9	%		26.3	%		(142.9	)%

Schedule of Components of Net Deferred Income Tax Liability

The components of the net deferred income tax liability were as follows:

		December 31,
		2019				2018
		(In thousands)
Deferred income tax assets:
Self-insurance accruals		$	94,690			$	82,118
Net operating loss carryforwards		619,314				414,144
Accrued compensation and benefits		31,402				31,627
Federal benefit on state tax positions		9,115				11,027
Pension benefits		78,004				94,433
Deferred revenue		146,383				146,831
Other accruals		21,635				19,068
		1,000,543				799,248
Valuation allowance		(17,577		)		(16,186		)
		982,966				783,062
Deferred income tax liabilities:
Property and equipment basis differences		(2,121,842		)		(1,937,009		)
Other		(5,386		)		(7,907		)
		(2,127,228		)		(1,944,916		)
Net deferred income tax liability (1)		$	(1,144,262	)		$	(1,161,854	)

______________ 

(1) Deferred tax assets of $17 million and $18 million have been included in "Sales-type leases and other assets" as of December 31, 2019 and 2018, respectively.

Schedule of Uncertain Tax Positions

In many cases, our uncertain tax positions are related to tax years that remain subject to examination by the relevant taxing authorities. The following table summarizes these open tax years by jurisdiction:

Jurisdiction		Open Tax Year
United States (Federal)		2009 - 2011, 2013 - 2019
Canada		2012 - 2019
Mexico		2014 - 2019
United Kingdom		2018 - 2019
Brazil (in discontinued operations)		2014 - 2019

Schedule of Activity Related to Unrecognized Tax Benefits

The following table summarizes the activity related to unrecognized tax benefits (excluding the federal benefit received from state positions):

		December 31,
		2019				2018				2017
		(In thousands)
Balance at January 1		$	58,819			$	62,288			$	61,649
Additions based on tax positions related to the current year		1,422				3,885				3,971
Reductions due to lapse of applicable statutes of limitation		(11,323		)		(7,354		)		(3,332		)
Gross balance at December 31		48,918				58,819				62,288
Interest and penalties		4,772				4,594				5,860
Balance at December 31		$	53,690			$	63,413			$	68,148

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