Analysis: Deferred Assets and Liabilities, Net

Entity Registrant Name Express Scripts Holding Co.
CIK 0001532063
Accession number 0001532063-14-000006
Link to XBRL instance http://www.sec.gov/Archives/edgar/data/1532063/000153206314000006/esrx-20131231.xml
Fiscal year end --12-31
Fiscal year focus 2013
Fiscal period focus FY
Current balance sheet date 2013-12-31
Current year-to-date income statement start date 2013-01-01
Commentary Conforms with all rules.
Level 3 Text Block concept us-gaap:ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Our income tax provision from discontinued operations was $28.7 million, and $7.5 million for 2013 and 2012, respectively.
The deferred tax assets and deferred tax liabilities recorded in our consolidated balance sheet are as follows: 
 
December 31,
(in millions)
2013
 
2012
Deferred tax assets:
 
 
 
Allowance for doubtful accounts
$
70.9

 
$
61.6

Note premium
81.6

 
101.7

Tax attributes
85.9

 
62.7

Deferred compensation
6.4

 
12.2

Equity compensation
268.7

 
359.5

Accrued expenses
406.0

 
329.9

Federal benefit of uncertain tax positions
181.8

 
164.9

Investment in foreign subsidiaries
—

 
15.6

Other
16.4

 
19.0

Gross deferred tax assets
1,117.7

 
1,127.1

Less valuation allowance
(66.9
)
 
(34.7
)
Net deferred tax assets
1,050.8

 
1,092.4

Deferred tax liabilities:
 
 
 
Depreciation and property differences
(434.3
)
 
(444.6
)
Goodwill and intangible assets
(5,585.9
)
 
(6,164.7
)
Prepaids
(4.0
)
 
(7.7
)
Other
(11.8
)
 
(11.3
)
Gross deferred tax liabilities
(6,036.0
)
 
(6,628.3
)
Net deferred tax liabilities
$
(4,985.2
)
 
$
(5,535.9
)

Level 4 Details Key Concepts: Deferred tax assets (liabilities)

Description Fact value US GAAP XBRL Concept
Deferred tax assets, gross 1,117,700,000 us-gaap:DeferredTaxAssetsGross
Valuation allowance -66,900,000 us-gaap:DeferredTaxAssetsValuationAllowance
Deferred tax assets, net 1,050,800,000 us-gaap:DeferredTaxAssetsNet
Deferred tax liabilities -6,036,000,000 us-gaap:DeferredTaxLiabilities
Deferred tax assets (liabilities), net -4,985,200,000 us-gaap:DeferredTaxAssetsLiabilitiesNet
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(Classified balance sheet) Deferred tax assets (liabilities), net components current/noncurrent asset/liability

Description Fact value US GAAP XBRL Concept
Deferred tax assets, net, current 455,400,000 us-gaap:DeferredTaxAssetsNetCurrent
Deferred tax assets, net, noncurrent 0
Deferred tax liabilities, net, current 0
Deferred tax liabilities, net, noncurrent -5,440,600,000 us-gaap:DeferredTaxLiabilities
Deferred tax assets (liabilities), net -4,985,200,000 us-gaap:DeferredTaxAssetsLiabilitiesNet
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(Unclassified balance sheet) Deferred tax assets (liabilities), net components asset/liability

Description Fact value US GAAP XBRL Concept
Deferred tax assets 1,050,800,000 us-gaap:DeferredTaxAssetsNetCurrent
Deferred tax liabilities, net -6,036,000,000 us-gaap:DeferredTaxLiabilities
Deferred tax assets (liabilities), net -4,985,200,000 us-gaap:DeferredTaxAssetsLiabilitiesNet
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