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EFTA01382823

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X- I/A 'fable of Contents FIRST DATA CORPORATION NOTES TO TILE CONSOLIDATED FINANCIAL STATEMENTS (Continued) A reconciliation of the unrecognized tax benefits for the years ended 1k:camber 31, 2012, 2013, and 2014 is as follows: Unrecognized On minions) Tn Benefits Balance as of January I, 2012 $ 335 Increases for tax positions of prior years S Decreases for tax positions of prior years (58) Increases for tax positions related to the current period 6 Decreases due to the lapse of the applicable statute of limitations (2) 13alance as of December 31.2012 286 Increases for tax positions of prior years 3 Decreases for tax positions of prior years (3) Increases for tax positions related to the current period 5 Decreases for cash settlements with taxing authorities (6) Decreases due to the lapse of the applicable statute of limitations (6) Balance as of December 31, 2013 279 Increases for tax positions of prior years 3 Decreases for tax positions of prior years (29) Increases for tax positions related to the current period Decreases for cash settlements with taxing authorities (13) Decreases due to the lapse of the applicable statute of limitations (5) Balance as of December 31, 2014 236 Most of the unrecognized tax benefits are included in the "Other long-term liabilities" line of the Consolidated Balance Sheets, net of the federal benefit on state income taxes (approximately $17 million as of December 31 2014). However, those unrecognized tax benefits that affect the federal consolidated tax years ending December 31, 2008 through December 31. 2014 are include) in the "Long-term deferred tax liabilities" line of the Consolidated Balance Sheets, as these items reduce the Company's net operating loss and credit carryfonvards from those periods. The unrecognized tax benefits as of Ikcernber 31, 2014, 2013, and 2012 included approximately $126 million, $161 million, and $163 million. respectively, of tax positions that, if reco

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