XML 23 R54.htm IDEA: XBRL DOCUMENT v2.4.0.8

Income Tax (Tables)

12 Months Ended

Dec. 31, 2013

Income Tax Disclosure [Abstract]

Income (Loss) before Income Tax

Income (loss) before income tax is comprised of the following:

		Year ended December 31, 2013				Year ended December 31, 2012				Year ended December 31, 2011
Income (loss) recorded in The Netherlands			(30	)			(33	)			54
Income (loss) from foreign operations			(562	)			(2,104	)			282
Income (loss) before income tax benefit (expense)			(592	)			(2,137	)			336

Income Tax Benefit (Expense)

Income tax benefit (expense) is comprised of the following:

		Year ended December 31, 2013				Year ended December 31, 2012				Year ended December 31, 2011
The Netherlands taxes – current			5				(1	)			(11	)
Foreign taxes – current			(90	)			(130	)			(104	)
Current taxes			(85	)			(131	)			(115	)
The Netherlands taxes – deferred			—				—				(2	)
Foreign taxes – deferred			48				80				(64	)
Income tax benefit (expense)			(37	)			(51	)			(181	)

Differences in Income Taxes Computed at Netherlands Statutory Rate and Effective Income Tax Rate

The principal items comprising the differences in income taxes computed at the Netherlands statutory rate of 25.0% in 2013, 2012 and 2011, and the effective income tax rate are the following:

		Year ended December 31, 2013				Year ended December 31, 2012				Year ended December 31, 2011
Income tax benefit (expense) computed at statutory rate			148				534				(84	)
Non-deductible, non-taxable and other permanent differences, net			(2	)			(81	)			(2	)
Income (loss) on equity-method investments			(31	)			(6	)			(7	)
Valuation allowance adjustments			(83	)			(197	)			(130	)
Current year credits			60				77				94
Other tax and credits			(42	)			(17	)			(32	)
Benefits from tax holidays			18				38				113
Impact of uncertain tax positions			(33	)			(83	)			(2	)
Earnings of subsidiaries taxed at different rates			(72	)			(316	)			(131	)
Income tax benefit (expense)			(37	)			(51	)			(181	)

Deferred Tax Assets and Liabilities

Deferred tax assets and liabilities consisted of the following:

		December 31, 2013				December 31, 2012
Tax loss carryforwards and investment credits			658				820
Less unrecognized tax benefit			(229	)
Tax loss carryforward net of unrecognized tax benefit			429				820
Inventory valuation			14				24
Impairment and restructuring charges			63				61
Fixed asset depreciation in arrears			58				75
Capitalized development costs			45
Receivables for government funding			22				15
Tax credits granted on past capital investments			1,131				1,114
Pension service costs			66				97
Stock awards			2				—
Commercial accruals			10				10
Other temporary differences			70				98
Total deferred tax assets			1,910				2,314
Valuation allowances			(1,454	)			(1,634	)
Deferred tax assets, net			456				680
Accelerated fixed asset depreciation			(58	)			(64	)
Acquired intangible assets			(11	)			(30	)
Advances of government funding			(35	)			(26	)
Other temporary differences			(13	)			(34	)
Deferred tax liabilities			(117	)			(154	)
Net deferred income tax asset			339				526

Gross Deferred Tax Assets on Tax Loss Carryforwards and Investment Credits Expiration

As of December 31, 2013, the Company and its subsidiaries have gross deferred tax assets on tax loss carryforwards and investment credits that expire starting 2014, as follows:

Year
2014			8
2015			22
2016			19
2017			15
2018			13
Thereafter			581
Total			658

Reconciliation of Beginning and Ending Amounts of Unrecognized Tax Benefits

A reconciliation of 2013, 2012 and 2011 beginning and ending amounts of unrecognized tax benefits is as follows:

		December 31, 2013				December 31, 2012				December 31, 2011
Balance at beginning of year			227				148				149
Additions based on tax positions related to the current year			52				44				36
Additions for tax positions of prior years			27				39				19
Reduction for tax positions of prior years			(48	)			—				(3	)
Reduction for lapse of statute of limitations											(50	)
Reduction due to ST-Ericsson deconsolidation			(8	)			—				—
Settlements			—				(1	)			—
Prepayment			(1	)			(6	)
Foreign currency translation			6				3				(3	)
Balance at end of year			255				227				148

X

- Definition

Gross deferred tax assets on tax loss carryforwards and investment credits expiration.

+ References

No definition available.

+ Details

Name:	stm_GrossDeferredTaxAssetsOnTaxLossCarryforwardsAndInvestmentCreditsExpirationTableTextBlock
Namespace Prefix:	stm_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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=6907707&loc=d3e32687-109319

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(h)(1)(i))

-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

+ Details

Name:	us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of 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 (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 15

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319

+ Details

Name:	us-gaap_SummaryOfIncomeTaxContingenciesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration