Table of Contents Notes to Consolidated Financial Statements — (Continued) Becton, Dickinson and Company Capitalized interest Note 17 — Income Taxes Provision for Income Taxes During the third quarter of fiscal year 2018, the Company issued Euro-denominated debt consisting of 300 million Euros ($354 million) of 1.401% notes due May 24, 2023. Also in the third quarter of fiscal year 2018, the Company issued British Pound-denominated debt of 250 million British Pounds ($337.5 million) of 3.02% notes due May 24, 2025. The Company used the net proceeds from these long-term debt offerings to redeem certain notes in the third quarter and to repay a portion of the balance outstanding on its term loan, as well as accrued interest, related premiums, fees and expenses related to this repaid amount. The Company capitalizes interest costs as a component of the cost of construction in progress. A summary of interest costs and payments for the years ended September 30 is as follows: The provision for income taxes the years ended September 30 consisted of: The components of  Income Before Income Taxes  for the years ended September 30 consisted of: U.S. tax legislation, commonly referred to as the Tax Cuts and Jobs Act (the "Act"), was enacted on December 22, 2017. The Act reduced the U.S. federal corporate tax rate from 35% to 21%, required companies to pay a one-time transition tax on earnings of certain foreign subsidiaries that were previously tax deferred, and created new taxes on certain foreign-sourced earnings. During fiscal year 2019, the Company finalized its accounting for the income tax effects of the Act, and all adjustments related to finalization of its calculations were included as a component of  Income tax (benefit) provision  in fiscal year 2019. The Company recognized additional tax benefit of $50 million and additional tax cost of $640 million in 2019 and 2018, respectively, as a result of this legislation. These amounts are reflected in the Company's consolidated statements of income within  Income tax (benefit) provision . 97 (Millions of dollars) 2019 2018 2017 Charged to operations $ 639 $ 706 $ 521 Capitalized 44 42 32 Total interest costs $ 683 $ 748 $ 553 Interest paid, net of amounts capitalized $ 658 $ 674 $ 435 (Millions of dollars) 2019 2018 2017 Current: Federal $ 235 $ 665 $ (230) State and local, including Puerto Rico 41 73 (20 ) Foreign 300 387 200 $ 576 $ 1,124 $ (50 ) Deferred: Domestic $ (566 ) $ (201 ) $ (64 ) Foreign (67) (61) (10) (633 ) (262 ) (74 ) Income tax (benefit) provision $ (57) $ 862 $ (124) (Millions of dollars) 2019 2018 2017 Domestic, including Puerto Rico $ 1,340 $ (135 ) $ (386 ) Foreign (164) 1,308 1,362 Income Before Income Taxes $ 1,176 $ 1,173 $ 976