Facebook 2012 Annual Report Download - page 101
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The aggregate intrinsic value of the options exercised in the years ended December 31, 2012, 2011, and
2010 was $4.23 billion, $2.38 billion and $492 million, respectively. The total grant date fair value of stock
options vested during the years ended December 31, 2012, 2011, and 2010 was $5 million, $6 million and $16
million, respectively.
As of December 31, 2012, there was $2.21 billion of unrecognized share-based compensation expense, of
which $1.96 billion is related to RSUs, and $244 million is related to restricted shares and stock options. This
unrecognized compensation expense is expected to be recognized over a weighted-average period of
approximately three years.
Note 12. Other income (expense), net
The following table presents the detail of other income (expense), net, for the periods presented (in
millions):
Year Ended December 31,
2012 2011 2010
Interest income ....................................................... $14 $ 4 $ 1
Foreign currency exchange losses, net ..................................... (9) (29) (1)
Other ............................................................... 2 6 (2)
Other income (expense), net ......................................... $ 7 $(19) $ (2)
Note 13. Income Taxes
The components of income before provision for income taxes for the years ended December 31, 2012, 2011,
and 2010 are as follows (in millions):
Year Ended December 31,
2012 2011 2010
Domestic .......................................................... $1,062 $1,819 $1,027
Foreign ........................................................... (568) (124) (19)
Income before provision for income taxes ................................ $ 494 $1,695 $1,008
The provision for income taxes consisted of the following (in millions):
Year Ended December 31,
2012 2011 2010
Current:
Federal .......................................................... $559 $664 $325
State ............................................................ 45 60 57
Foreign ......................................................... 22 8 1
Total current tax expense ............................................... 626 732 383
Deferred:
Federal .......................................................... (172) (34) 13
State ............................................................ (6) (3) 6
Foreign ......................................................... (7) — —
Total deferred tax expense (benefit) ....................................... (185) (37) 19
Provision for income taxes .............................................. $441 $695 $402
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