NOTES TO CONSOLIDATED FINANCIAL STATEM ENTS December 31, 2011, 2010 and 2009 (currencies in millions)  Defined Contribution Plans:  The Company has certain defined contribution benefit plans whereby it generally  matches employee contributions up to 5% of base wages. The largest plan is in the U.S. where participants are non- union employees. The Company match in the U.S. was 5%, 3% and 1% in 2011, 2010 and 2009, respectively. Other  plans are located in Australia, Canada, the Netherlands and Belgium. Expenses for these plans were $29.3, $23.0 and  $16.8 in 2011, 2010 and 2009, respectively.  Postretirement Medical and Life Insurance Plans:  During the second quarter of 2009, the Company discontinued  subsidizing postretirement medical costs for the majority of its U.S. employees and recognized a curtailment gain of  $47.7. The Company also recognized a curtailment gain of $18.3 in the third quarter of 2009 for the  discontinuation of postretirement healthcare related to the permanent closure of the Peterbilt facility in Madison,  Tennessee. The unfunded amount at December 31, 2011 and 2010 and postretirement expense for the years ended  December 31, 2011, 2010 and 2009 were not significant. The Company’s tax rate is based on income and statutory tax rates in the various jurisdictions in which the  Company operates. Tax law requires certain items to be included in the Company’s tax returns at different times  than the items reflected in the Company’s financial statements. As a result, the Company’s annual tax rate reflected  in its financial statements is different than that reported in its tax returns. Some of these differences are permanent,  such as expenses that are not deductible in the Company’s tax return, and some differences reverse over time, such  as depreciation expense. These temporary differences create deferred tax assets and liabilities. The Company  establishes valuation allowances for its deferred tax assets if, based on the available evidence, it is more likely than  not that some portion or all of the deferred tax assets will not be realized.  The components of the Company’s income before income taxes include the following: The components of the Company’s provision for income taxes include the following: Tax benefits recognized for net operating loss carryforwards were $14.2, $9.0 and $27.8 for the years ended 2011,  2010 and 2009, respectively.  M. INCOME TAXES Year Ended December 31, 2011  2010 2009 Domestic  $ 607.0 $ 186.3  $  79.1 Foreign 899.9 474.0 95.9 $1,506.9 $ 660.3  $ 175.0 Year Ended December 31, 2011  2010 2009 Current provision (benefit): Federal $  .4 $ 24.5  $ (102.4) State  20.5 8.2  (2.5) Foreign  219.6 123.7 8.3 240.5 156.4 (96.6) Deferred provision (benefit): Federal  207.8 24.6 125.4 State  3.4 (7.1) 8.2 Foreign  12.9 28.8 26.1 224.1 46.3 159.7 $ 464.6 $ 202.7  $  63.1