EFTA01382820.pdf

X- I/A Table of Contents FIRST DATA CORPORATION NOTES TO TILE CONSOLIDATED FINANCIAL STATEMENTS (Continued) The Company's income tax provisions (benefits) consisted of the following components: fear ended December 31. (In minions) 2014 2013 2012 Current: Federal $ — $ (1) $ (60) State and local 39 23 16 Foreign 61 52 39 100 74 (5) Deferral: Federal 17 40 (260) State and local (18) (3) 49 Foreign (17) (6) (27) (18) 31 (238) 82 $ 105 5 (243) Income tax payments. net of refunds received, of $96 million in 2014 were leas than current expense primarily as a ri..%-ult of payments expected in 2015 related to 2014 tax liabilities. Income tax payments, net of refunds received, of $93 million in 2013 were greater than current expenses primarily as a result of cash payments relating to prior years and expected refunds of cash taxes paid. Income tax payments, net of refunds received, of $70 million in 2012 were greater than current expense primarily as a remit of a decrease in the liability for unrecognized tax benefits. F-55 http/Avuw.see.gov/Archivestalear/datat883980/000119312515334479/d31022dsla.html10/14/2015 9:06:38 AM] CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0082320 CONFIDENTIAL SONY GM_00228504 EFTA01382820