predictions/126.html

<table>
  <tr>
    <th rowspan="2"></th>
    <th colspan="2">December 31</th>
  </tr>
  <tr>
    <th>2009</th>
    <th>2008</th>
  </tr>
  <tr>
    <td>Millions of dollars</td>
    <td></td>
    <td></td>
  </tr>
  <tr>
    <td>Gross deferred tax assets:</td>
    <td></td>
    <td></td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;Employee compensation and benefits</td>
    <td>$&nbsp;&nbsp;266</td>
    <td>$&nbsp;&nbsp;324</td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;Accrued liabilities</td>
    <td>75</td>
    <td>81</td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;Net operating loss carryforwards</td>
    <td>64</td>
    <td>50</td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;Capitalized research and experimentation</td>
    <td>56</td>
    <td>74</td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;Insurance accruals</td>
    <td>48</td>
    <td>47</td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;Software revenue recognition</td>
    <td>35</td>
    <td>31</td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;Inventory</td>
    <td>29</td>
    <td>26</td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;Other</td>
    <td>80</td>
    <td>114</td>
  </tr>
  <tr>
    <td>Total gross deferred tax assets</td>
    <td>653</td>
    <td>747</td>
  </tr>
  <tr>
    <td>Gross deferred tax liabilities:</td>
    <td></td>
    <td></td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;Depreciation and amortization</td>
    <td>447</td>
    <td>303</td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;Joint ventures, partnerships, and unconsolidated affiliates</td>
    <td>33</td>
    <td>25</td>
  </tr>
  <tr>
    <td>&nbsp;&nbsp;&nbsp;&nbsp;Other</td>
    <td>55</td>
    <td>38</td>
  </tr>
  <tr>
    <td>Total gross deferred tax liabilities</td>
    <td>535</td>
    <td>366</td>
  </tr>
  <tr>
    <td>Net deferred income tax asset</td>
    <td>$&nbsp;&nbsp;118</td>
    <td>$&nbsp;&nbsp;381</td>
  </tr>
</table>