DELPHI 2013 Annual Report Download - page 113

91
Operating Leases
Rental expense totaled $107 million, $99 million and $95 million for the years ended December 31, 2013, 2012 and
2011, respectively. As of December 31, 2013, Delphi had minimum lease commitments under non-cancellable operating leases
totaling $467 million, which become due as follows:
Year Minimum Future Operating Lease Commitments
(in millions)
2014 .................................................................................................................................................... $ 108
2015 .................................................................................................................................................... 91
2016 .................................................................................................................................................... 77
2017 .................................................................................................................................................... 61
2018 .................................................................................................................................................... 42
Thereafter............................................................................................................................................ 88
Total............................................................................................................................................. $ 467
14. INCOME TAXES
Income before income taxes and equity income for U.S. and non-U.S. operations are as follows:
Year ended
December 31,
2013
Year ended
December 31,
2012
Year ended
December 31,
2011
(in millions)
U.S. income............................................................................................. $ 233 $ 470 $ 149
Non-U.S. income..................................................................................... 1,290 875 1,357
Income before income taxes and equity income..................................... $ 1,523 $ 1,345 $ 1,506
The provision (benefit) for income taxes is comprised of:
Year ended
December 31,
2013
Year ended
December 31,
2012
Year ended
December 31,
2011
(in millions)
Current income tax expense:
U.S. federal............................................................................................ $ 53 $ 71 $ 104
Non-U.S................................................................................................. 247 199 232
U.S. state and local................................................................................ 6 5 5
Total current...................................................................................... 306 275 341
Deferred income tax (benefit) expense, net:
U.S. federal............................................................................................ (28) 24 (45)
Non-U.S................................................................................................. (21)(88) 12
U.S. state and local................................................................................ (1) 1 (3)
Total deferred.................................................................................... (50)(63)(36)
Total income tax provision........................................................... $ 256 $ 212 $ 305
The current income tax payable was reduced by $1 million, $0 million and $0 million in the years ended December 31,
2013, 2012 and 2011, respectively, for excess tax deductions attributable to stock-based compensation. The related income tax
benefits are recorded as increases to additional paid-in capital.
Cash paid or withheld for income taxes was $276 million, $280 million and $303 million for the years ended
December 31, 2013, 2012 and 2011, respectively.