Burger King 2011 Annual Report Download - page 91

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Table of Contents
BURGER KING HOLDINGS, INC. AND SUBSIDIARIES
Notes to Consolidated Financial Statements — (Continued)
Note 7. Other Accrued Liabilities and Other Liabilities
Other accrued liabilities (current) and other liabilities (non-current) consist of the following (in millions):
Successor Predecessor
As of December 31, As of June 30,
2011 2010 2010
Current:
Accrued payroll and employee-related costs $ 63.9 $ 34.4 $ 56.2
Accrued severance and project costs 33.4 52.6 16.4
Withholding taxes 9.0 9.1 5.2
Interest payable 17.1 16.2 0.1
Casualty insurance 8.7 8.3 8.7
Foreign currency forward contracts — 10.2 2.6
Gift card liabilities 16.1 17.7 12.5
Income tax payable 3.1 0.3 4.5
Sales tax payable 22.0 12.6 7.3
Other 68.9 86.1 87.4
Total current other accrued liabilities 242.2 247.5 200.9
Non-current:
Accrued pension $ 71.3 $ 60.1 $ 79.4
Unfavorable leases 204.2 234.5 127.3
Casualty insurance reserves 22.2 22.3 25.5
Retiree health benefits 18.4 25.1 25.0
Deferred compensation 12.8 25.6 20.4
Income tax payable 23.4 25.5 16.8
Other 13.9 8.8 50.2
Total non-current other liabilities, net 366.2 401.9 344.6
Total other accrued liabilities and other liabilities $ 608.4 $ 649.4 $ 545.5
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Source: Burger King Holdings Inc, 10-K, March 14, 2012 Powered by Morningstar® Document Research℠