Income Taxes (Tables)
 12 Months Ended
Dec. 31, 2014
Income Taxes [Abstract]  
Income Tax Provision
 
Year Ended December 31,
 
2014
 
2013
 
2012
Current:
 

 
 

 
 

Federal
$
—

 
$
—

 
$
727

State, net of Federal tax benefit
—

 
—

 
—

Foreign
(25,638
)
 
(63,982
)
 
(176,748
)
Total current income tax provision
(25,638
)
 
(63,982
)
 
(176,021
)
Deferred:
 

 
 

 
 

Federal
(1,846
)
 
(1,310
)
 
895

State, net of Federal tax benefit
(205
)
 
(146
)
 
100

Foreign
(46,402
)
 
(380,614
)
 
16,882

Total deferred income tax (provision) benefit
(48,453
)
 
(382,070
)
 
17,877

Total income tax provision
$
(74,091
)
 
$
(446,052
)
 
$
(158,144
)
Reconciliation of the U.S. Statutory Federal Income Tax Rate to Effective Tax Rate
A reconciliation of the U.S. statutory Federal income tax rate to our effective tax rate as a percentage of (loss) income from continuing operations before reorganization items and income tax provision is as follows:
 
Year Ended
December 31,
 
2014
 
2013
 
2012
Statutory Federal tax rate
35%
 
35%
 
35%
Effect of foreign operations
(3)
 
(3)
 
7
Change in deferred tax asset valuation allowance
(36)
 
(81)
 
160
Intercompany transactions
(1)
 
(3)
 
9
Tax on subpart F income
—
 
—
 
11
Withholding tax
—
 
(2)
 
42
Deductible dividends
—
 
3
 
(42)
Inflation adjustments
1
 
1
 
(17)
Income tax credits
—
 
—
 
(3)
Local statutory investment loss
—
 
6
 
—
Other nondeductible expenses
(1)
 
—
 
6
Other
1
 
(1)
 
(1)
Effective tax rate
(4)%
 
(45)%
 
207%
Deferred Tax Assets and Liabilities
components of our deferred tax assets and liabilities consist of the following:
 
December 31,
 
2014
 
2013
 
(in thousands)
Deferred tax assets:
 

 
 

Net operating losses and capital loss carryforwards
$
4,354,474

 
$
3,922,944

Allowance for doubtful accounts
41,724

 
34,587

Accrued expenses
193,251

 
151,131

Accrual for contingent liabilities
21,944

 
22,117

Property, plant and equipment
153,036

 
36,784

Capital lease obligations
175,498

 
300,141

Deferred revenue
37,730

 
35,179

Equity compensation
69,172

 
71,171

Inventory reserve
25,642

 
22,548

Debt discount
16,511

 
—

Other
52,016

 
41,116

 
5,140,998

 
4,637,718

  Valuation allowance
(4,868,504
)
 
(4,335,913
)
  Total deferred tax asset
272,494

 
301,805

Deferred tax liabilities:
 

 
 

Intangible assets
42,036

 
48,162

Unremitted foreign earnings
54,386

 
54,386

Deferred revenue
39,492

 
44,126

Property, plant and equipment
33,915

 
96,613

Capital lease obligation
107,491

 
—

Other
2,773

 
15,123

Total deferred tax liability
280,093

 
258,410

Net deferred tax (liability) asset
$
(7,599
)
 
$
43,395
Deferred Tax Asset Valuation Allowance
December 31, 2014 and 2013 are as follows:
 
2014
 
2013
 
(in millions)
Argentina
$
49.1

 
$
—

Brazil
584.1

 
419.1

U.S. 
480.3

 
363.8

Luxembourg
3,169.2

 
3,131.4

Mexico
318.2

 
190.7

Spain
267.6

 
230.9

Total
$
4,868.5

 
$
4,335.9
Unrecognized Tax Benefits
2014, 2013 and 2012 (in thousands):
 
Year Ended December 31,
 
2014
 
2013
 
2012
Unrecognized tax benefits at January 1
$
8,686

 
$
35,639

 
$
35,572

Additions for current year tax positions
—

 
—

 
3,118

Reductions for current year tax positions
—

 
—

 
(551
)
Reductions for prior year tax positions
—

 
(26,519
)
 
(2,197
)
Foreign currency translation adjustment
(350
)
 
(434
)
 
(303
)
Unrecognized tax benefits at December 31
$
8,336

 
$
8,686

 
$
35,639