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INCOME TAXES (Tables) | 12 Months Ended
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Dec. 31, 2014
Schedule of Components of Income Tax Expense (Benefit) | Significant components of the provision for income tax benefit (expense) are as follows:
(In thousands) |  | Years Ended December 31, |
|  | 2014 |  |  | 2013 |  |  | 2012 |
Current - Federal |  | $ | (503 | ) |  | $ | 10,586 |  |  | $ | 61,655 |
Current - foreign |  |  | (27,256 | ) |  |  | (48,466 | ) |  |  | (48,579 | )
Current - state |  |  | 3,193 |  |  |  | 1,527 |  |  |  | (9,408 | )
Total current benefit (expense) |  |  | (24,566 | ) |  |  | (36,353 | ) |  |  | 3,668 |
Deferred - Federal |  |  | (29,284 | ) |  |  | 126,905 |  |  |  | 261,014 |
Deferred - foreign |  |  | 4,308 |  |  |  | 8,932 |  |  |  | 27,970 |
Deferred - state |  |  | (8,947 | ) |  |  | 22,333 |  |  |  | 15,627 |
Total deferred benefit (expense) |  |  | (33,923 | ) |  |  | 158,170 |  |  |  | 304,611 |
Income tax benefit (expense) |  | $ | (58,489 | ) |  | $ | 121,817 |  |  | $ | 308,279 |
Schedule of Deferred Tax Assets and Liabilities | Significant components of the Company’s deferred tax liabilities and assets as of December 31, 2014 and 2013 are as follows:
(In thousands) |  | 2014 |  |  | 2013 |
Deferred tax liabilities: |  |  |  |  |  |  |  |
Intangibles and fixed assets |  | $ | 2,335,584 |  |  | $ | 2,402,168 |
Long-term debt |  |  | 119,887 |  |  |  | 183,615 |
Investments in nonconsolidated affiliates |  |  | 1,121 |  |  |  | - |
Other investments |  |  | 5,575 |  |  |  | 6,759 |
Other |  |  | 8,857 |  |  |  | 6,655 |
Total deferred tax liabilities |  |  | 2,471,024 |  |  |  | 2,599,197 |
Deferred tax assets: |  |  |  |  |  |  |  |
Accrued expenses |  |  | 111,884 |  |  |  | 106,651 |
Investments in nonconsolidated affiliates |  |  | - |  |  |  | 1,824 |
Net operating loss carryforwards |  |  | 1,445,340 |  |  |  | 1,287,239 |
Bad debt reserves |  |  | 9,346 |  |  |  | 9,726 |
Other |  |  | 34,017 |  |  |  | 35,527 |
Total gross deferred tax assets |  |  | 1,600,587 |  |  |  | 1,440,967 |
Less: Valuation allowance |  |  | 655,658 |  |  |  | 327,623 |
Total deferred tax assets |  |  | 944,929 |  |  |  | 1,113,344 |
Net deferred tax liabilities |  | $ | 1,526,095 |  |  | $ | 1,485,853 |
Schedule of Effective Income Tax Rate Reconciliation | The reconciliation of income tax computed at the U.S. Federal statutory tax rates to income tax benefit is:
|  | Years Ended December 31,
(In thousands) |  | 2014 |  |  |  | 2013 |  |  |  | 2012
|  | Amount |  |  | Percent |  |  |  | Amount |  |  | Percent |  |  |  | Amount |  |  | Percent
Income tax benefit at statutory rates |  | $ | 246,284 |  |  | 35% |  |  |  | $ | 246,867 |  |  | 35% |  |  |  | $ | 251,814 |  |  | 35%
State income taxes, net of federal tax effect |  |  | 26,518 |  |  | 4% |  |  |  |  | 32,768 |  |  | 4% |  |  |  |  | 6,218 |  |  | 1%
Foreign income taxes |  |  | 11,074 |  |  | 2% |  |  |  |  | (22,640) |  |  | (3%) |  |  |  |  | 8,782 |  |  | 2%
Nondeductible items |  |  | (5,533) |  |  | (1%) |  |  |  |  | (4,870) |  |  | (1%) |  |  |  |  | (4,617) |  |  | (1%)
Changes in valuation allowance and other estimates |  |  | (333,641) |  |  | (47%) |  |  |  |  | (135,161) |  |  | (19%) |  |  |  |  | 50,697 |  |  | 7%
Other, net |  |  | (3,191) |  |  | (1%) |  |  |  |  | 4,853 |  |  | 1% |  |  |  |  | (4,615) |  |  | (1%)
Income tax benefit (expense) |  | $ | (58,489) |  |  | (8%) |  |  |  | $ | 121,817 |  |  | 17% |  |  |  | $ | 308,279 |  |  | 43%
Schedule of Unrecognized Tax Benefits | The total amount of unrecognized tax benefits at December 31, 2014 and 2013 that, if recognized, would impact the effective income tax rate is $68.8 million and $100.1 million, respectively.
(In thousands) |  | Years Ended December 31, |
Unrecognized Tax Benefits |  | 2014 |  |  | 2013 |
Balance at beginning of period |  | $ | 129,375 |  |  | $ | 138,437 |
Increases for tax position taken in the current year |  |  | 13,848 |  |  |  | 12,004 |
Increases for tax positions taken in previous years |  |  | 6,003 |  |  |  | 13,163 |
Decreases for tax position taken in previous years |  |  | (9,764) |  |  |  | (21,928) |
Decreases due to settlements with tax authorities |  |  | (8,181) |  |  |  | (1,113) |
Decreases due to lapse of statute of limitations |  |  | (24,367) |  |  |  | (11,188) |
Balance at end of period |  | $ | 106,914 |  |  | $ | 129,375 |

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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=6907707&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=6907707&loc=d3e32537-109319 + Details
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