Amazon.com 2015 Annual Report Download - page 73

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63
During 2015, 2014, and 2013, the fair value of restricted stock units that vested was $2.7 billion, $1.7 billion, and $1.4
billion.
As matching contributions under our 401(k) savings plan, we granted 0.2 million shares of common stock in 2015 and
2014. Shares granted as matching contributions under our 401(k) plan are included in outstanding common stock when issued,
and recorded as stock-based compensation expense.
Common Stock Available for Future Issuance
As of December 31, 2015, common stock available for future issuance to employees is 130 million shares.
Note 9—ACCUMULATED OTHER COMPREHENSIVE LOSS
Changes in the composition of accumulated other comprehensive loss for 2015, 2014, and 2013 are as follows (in
millions):
Foreign currency
translation
adjustments
Unrealized gains on
available-for-sale
securities Total
Balances as of January 1, 2013 $ (250) $ 11 $ (239)
Other comprehensive income (loss) 63 (9) 54
Balances as of December 31, 2013 (187) 2 (185)
Other comprehensive income (loss) (325) (1) (326)
Balances as of December 31, 2014 (512) 1 (511)
Other comprehensive income (loss) (210) (2) (212)
Balances as of December 31, 2015 $ (722) $ (1) $ (723)
Amounts included in accumulated other comprehensive loss are recorded net of their related income tax effects.
Note 10—INCOME TAXES
In 2015, 2014, and 2013, we recorded net tax provisions of $950 million, $167 million, and $161 million. We have tax
benefits relating to excess stock-based compensation deductions and accelerated depreciation deductions that are being utilized
to reduce our U.S. taxable income. In December 2015, U.S. legislation was enacted that extended accelerated depreciation
deductions on qualifying property through 2019 and made permanent the U.S. federal research and development credit. As
such, cash taxes paid, net of refunds, were $273 million, $177 million, and $169 million for 2015, 2014, and 2013.
The components of the provision for income taxes, net are as follows (in millions):
Year Ended December 31,
2015 2014 2013
Current taxes:
U.S. Federal $ 215 $ 214 $99
U.S. State 237 65 45
International 417 204 173
Current taxes 869 483 317
Deferred taxes:
U.S. Federal 473 (125) (114)
U.S. State (171) (11) (19)
International (221) (180) (23)
Deferred taxes 81 (316) (156)
Provision for income taxes, net $ 950 $ 167 $161