Oracle 2010 Annual Report Download - page 266

Differences in timing of revenue recognition 305 67
Depreciation and amortization 483 357
Tax credit and net operating loss carryforwards 2,675 2,916
Other 119 250
Total deferred tax assets 4,867 4,868
Valuation allowance (649) (649)
Net deferred tax assets 2,105 1,860
Gross unrecognized tax benefits as of June 1 2,527 2,262 1,693
Increases related to tax positions from prior fiscal years 128 94 434
Decreases related to tax positions from prior fiscal years (102) (491) (86)
Increases related to tax positions taken during current fiscal year 639 813 370
Settlements with tax authorities (23) (88) (41)
Lapses of statutes of limitation (53) (48) (25)
Other, net 44 (15) (83)
Total gross unrecognized tax benefits as of May 31 3,160 2,527 2,262
Unrealized gain on stock (130) (130)
Acquired intangible assets (2,128) (2,128)
Other (101) (101)
Total deferred tax liabilities (2,359) (2,359)
Current deferred tax assets 1,189 1,159
Non-current deferred tax assets 1,076 1,267
Current deferred tax liabilities (in other current liabilities) (142) (142)
Non-current deferred tax liabilities (424) (424)
Net deferred tax assets $ 2,105 $ 1,860
Source: ORACLE CORP, 10-K, June 28, 2011 Powered by Morningstar® Document Research℠