Rendering

Component: (Network and Table)
Network
2314301 - Disclosure - Income Taxes (Tables)
(http://www.brown-forman.com/role/IncomeTaxesTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Income Tax Disclosure [Abstract]Period [Axis]
2015-05-01 - 2016-04-30
Income Tax Disclosure [Abstract]
 
Domestic and Foreign income before Income taxes
The following table, based on the locations of the taxable entities from which sales were derived (rather than the location of customers), presents the U.S. and foreign components of our income before income taxes:
 
2014
 
2015
 
2016
United States
$
797

 
$
912

 
$
1,184

Foreign
150

 
90

 
305

 
$
947

 
$
1,002

 
$
1,489

 
 
Deferred tax assets and liabilities
Deferred tax assets and liabilities as of the end of each of the last two years were as follows:
 
2015
 
2016
April 30,
 
 
 
Deferred tax assets:
 
 
 
Postretirement and other benefits
$
164

 
$
183

Accrued liabilities and other
22

 
10

Inventories
12

 
26

Loss and credit carryforwards
46

 
39

Valuation allowance
(27
)
 
(25
)
Total deferred tax assets, net
217

 
233

Deferred tax liabilities:
 
 
 
Intangible assets
(207
)
 
(225
)
Property, plant, and equipment
(61
)
 
(83
)
Other
(31
)
 
(9
)
Total deferred tax liabilities
(299
)
 
(317
)
Net deferred tax liability
$
(82
)
 
$
(84
)
 
 
Total income tax expense
Our total income tax expense for each of the last three years was as follows: 
 
2014
 
2015
 
2016
Current:
 
 
 
 
 
U.S. federal
$
243

 
$
259

 
$
347

Foreign
49

 
42

 
47

State and local
1

 
11

 
18

 
293

 
312

 
412

Deferred:
 
 
 
 
 
U.S. federal
$
3

 
$
15

 
$
24

Foreign
(6
)
 
(11
)
 
(17
)
State and local
(2
)
 
2

 
3

 
(5
)
 
6

 
10

 
$
288

 
$
318

 
$
422

 
 
Reconciles our effective tax rate to the federal statutory tax rate in the United States
The following table reconciles our effective tax rate to the federal statutory tax rate in the United States: 
 
Percent of Income Before Taxes
 
2014
 
2015
 
2016
U.S. federal statutory rate
35.0
 %
 
35.0
 %
 
35.0
 %
State taxes, net of U.S. federal tax benefit
0.7
 %
 
1.0
 %
 
1.0
 %
Income taxed at other than U.S. federal statutory rate
(2.2
)%
 
(0.5
)%
 
(2.5
)%
Tax benefit from U.S. manufacturing
(2.8
)%
 
(2.5
)%
 
(2.4
)%
Tax impact of sale of business
 %
 
 %
 
(1.1
)%
Amortization of deferred tax benefit from intercompany transactions
(0.4
)%
 
(1.6
)%
 
(1.6
)%
Other, net
0.2
 %
 
0.3
 %
 
(0.1
)%
Effective rate
30.5
 %
 
31.7
 %
 
28.3
 %
 
 
Reconciliation of ending and beginning unrecognized tax benefits
A reconciliation of the beginning and ending unrecognized tax benefits follows: 
 
2014
 
2015
 
2016
Unrecognized tax benefits at beginning of year
$
11

 
$
11

 
$
13

Additions for tax positions provided in prior periods
1

 
2

 
1

Additions for tax positions provided in current period
1

 
1

 

Decreases for tax positions provided in prior years
(1
)
 
(1
)
 
(4
)
Settlements of tax positions in the current period
(1
)
 

 
(1
)
Lapse of statutes of limitations

 

 

Unrecognized tax benefits at end of year
$
11

 
$
13

 
$
9