Rendering

Component: (Network and Table)
Network
2313301 - Disclosure - Income Taxes (Tables)
(http://www.transunion.com/role/IncomeTaxesTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001552033 (http://www.sec.gov/CIK)
Income Tax Disclosure [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Income Tax Disclosure [Abstract]
 
Details of provision (benefit) for income taxes on income (loss) from continuing operations
The provision (benefit) for income taxes consisted of the following:

 
Twelve Months Ended December 31,
(in millions)
2016
 
2015
 
2014
Federal
 
 
 
 
 
Current
$
53.9

 
$
3.8

 
$
(0.1
)
Deferred
(21.3
)
 
(8.2
)
 
(15.9
)
State
 
 
 
 
 
Current
6.9

 
(0.3
)
 
0.4

Deferred
10.6

 
(5.5
)
 
0.1

Foreign
 
 
 
 
 
Current
35.4

 
25.1

 
23.1

Deferred
(11.5
)
 
(3.6
)
 
(5.0
)
Total provision for income taxes
$
74.0

 
$
11.3

 
$
2.6

  
Summary of components of income (loss) from continuing operations before income taxes
The components of income (loss) before income taxes consisted of the following:

 
Twelve Months Ended December 31,
(in millions)
2016
 
2015
 
2014
Domestic
$
128.0

 
$
(30.5
)
 
$
(54.1
)
Foreign
77.4

 
57.1

 
52.3

Income (loss) before income taxes
$
205.4

 
$
26.6

 
$
(1.8
)
  
Reconciliation of the U.S. federal statutory tax rate to our effective tax rate
The effective income tax rate reconciliation consisted of the following:
 
 
Twelve Months Ended December 31,
(in millions)
 
2016
 
2015
 
2014
Income taxes at 35% statutory rate
 
$
71.9

 
35.0
 %
 
$
9.3

 
35.0
 %
 
$
(0.6
)
 
35.0
 %
Increase (decrease) resulting from:
 
 
 
 
 
 
 
 
 
 
 
 
State taxes, net of federal benefit
 
15.4

 
7.5
 %
 
(5.8
)
 
(21.8
)%
 
0.4

 
(23.9
)%
Foreign rate differential
 
(1.8
)
 
(0.9
)%
 
(2.6
)
 
(9.9
)%
 
(1.8
)
 
98.7
 %
Current year tax impact of unremitted foreign earnings
 
7.7

 
3.7
 %
 
11.1

 
41.8
 %
 
5.6

 
(308.4
)%
Impact of foreign dividends
 
0.1

 
—
 %
 
0.1

 
0.2
 %
 
—

 
(1.6
)%
DPAD & R&D tax credit
 
(5.0
)
 
(2.4
)%
 
—

 
—
 %
 
—

 
—
 %
International restructuring
 
(13.6
)
 
(6.6
)%
 
—

 
—
 %
 
—

 
—
 %
Other
 
(0.7
)
 
(0.3
)%
 
(0.8
)
 
(2.9
)%
 
(1.0
)
 
56.0
 %
Total
 
$
74.0

 
36.0
 %
 
$
11.3

 
42.4
 %
 
$
2.6

 
(144.2
)%
  
Components of net deferred income tax
Components of net deferred income tax consisted of the following:
(in millions)
December 31,
2016
 
December 31,
2015
Deferred income tax assets:
 
 
 
Compensation
$
20.1

 
$
13.7

Employee benefits
4.9

 
5.8

Legal reserves and settlements
7.4

 
5.1

Hedge investments
4.8

 
0.2

Financing related costs
4.2

 
4.1

Loss and credit carryforwards
84.9

 
96.2

Other
10.0

 
7.8

Gross deferred income tax assets
136.3

 
132.9

Valuation allowance
(59.2
)
 
(46.7
)
Total deferred income tax assets, net
$
77.1

 
$
86.2

Deferred income tax liabilities:
 
 
 
Depreciation and amortization
$
(604.5
)
 
$
(606.2
)
Investments in affiliated companies
—

 
(14.9
)
Taxes on undistributed foreign earnings
(49.7
)
 
(49.8
)
Other
(1.9
)
 
(3.7
)
Total deferred income tax liability
(656.1
)
 
(674.6
)
Net deferred income tax liability
$
(579.0
)
 
$
(588.4
)
  
Total amount of unrecognized tax benefits
The total amount of unrecognized tax benefits consisted of the following:
(in millions)
December 31,
2016
 
December 31,
2015
Balance as of beginning of period
$
1.9

 
$
1.9

Increase in tax positions of prior years
0.7

 
0.1

Increase for tax positions of current year
2.5

 
—

Decrease in tax positions due to settlement and lapse of statute
(0.3
)
 
(0.1
)
Balance as of end of period
$
4.8

 
$
1.9