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TableofContents
SEAGATETECHNOLOGYPLC
NOTESTOCONSOLIDATEDFINANCIALSTATEMENTS—(Continued)
7.IncomeTaxes
Theprovisionfor(benefitfrom)incometaxesconsistedofthefollowing:
Incomebeforeincometaxesconsistedofthefollowing:
OnDecember18,2015,theProtectingAmericansfromTaxHikes("PATH")Actof2015wasenacted.Among,otherprovisions,thePATHActretroactively
reinstatedandpermanentlyextendedthefederalResearchandDevelopment("R&D")taxcreditfromDecember31,2014.ThepermanentextensionoftheR&D
credithadnoimmediateimpactontheCompany'sincometaxprovisionduetovaluationallowancesonitsU.S.deferredtaxassets.NoneoftheotherPATHAct
changeshadamaterialimpactontheCompany'sincometaxprovision.
TheCompanyrecorded$0.6million,$2.0millionand$0.3millionofexcesstaxbenefitsassociatedwithstockoptiondeductionsinfiscalyears2016,2015
and2014,respectively.
88
 FiscalYearsEnded
(Dollarsinmillions) 
July1,
2016
July3,
2015
June27,
2014
Currentincometaxexpense(benefit):       
U.S.Federal  $ 1 $ — $ (12)
U.S.State   2  4  3
Non-U.S.   25  222  62
TotalCurrent   28  226  53
Deferredincometaxexpense(benefit):       
U.S.Federal   —  (6)  (43)
U.S.State   —  (2)  2
Non-U.S.   (2)  10 (26)
TotalDeferred   (2)  2 (67)
Provisionfor(benefitfrom)incometaxes  $ 26 $ 228 $ (14)
 FiscalYearsEnded
(Dollarsinmillions) 
July1,
2016
July3,
2015
June27,
2014
U.S.  $ — $ 101 $ 149
Non-U.S.   274  1,869  1,407
 $ 274 $ 1,970 $ 1,556