Cablevision 2014 Annual Report Download - page 104

F-15
CSC HOLDINGS, LLC AND SUBSIDIARIES
(a wholly-owned subsidiary of Cablevision Systems Corporation)
CONSOLIDATED BALANCE SHEETS (continued)
December 31, 2014 and 2013
(In thousands, except share amounts)
2014 2013
LIABILITIES AND MEMBER DEFICIENCY
Current Liabilities:
Accounts payable............................................................................................................................. $ 431,761 $ 422,929
Accrued liabilities:...........................................................................................................................
Interest......................................................................................................................................... 62,555 59,130
Employee related costs................................................................................................................ 302,397 210,233
Other accrued expenses............................................................................................................... 160,822 174,187
Amounts due to affiliates................................................................................................................. 135,636 30,887
Deferred tax liability........................................................................................................................ 105,285 60,582
Deferred revenue.............................................................................................................................. 52,932 47,229
Liabilities under derivative contracts............................................................................................... 93,010 99,577
Credit facility debt ........................................................................................................................... 61,849 47,463
Collateralized indebtedness ............................................................................................................. 466,335 248,388
Capital lease obligations .................................................................................................................. 17,216 12,025
Notes payable................................................................................................................................... 12,968 3,744
Total current liabilities................................................................................................................ 1,902,766 1,416,374
Defined benefit plan obligations ........................................................................................................ 120,644 162,812
Deferred revenue................................................................................................................................ 4,701 5,235
Liabilities under derivative contracts................................................................................................. 9,207 47,370
Other liabilities................................................................................................................................... 162,276 214,409
Deferred tax liability .......................................................................................................................... 626,367 617,837
Credit facility debt.............................................................................................................................. 2,718,800 3,718,682
Collateralized indebtedness................................................................................................................ 519,848 569,562
Capital lease obligations..................................................................................................................... 29,196 19,265
Notes payable..................................................................................................................................... 10,943 1,590
Senior notes and debentures............................................................................................................... 3,062,126 2,309,403
Total liabilities ................................................................................................................................. 9,166,874 9,082,539
Commitments and contingencies
Redeemable noncontrolling interest................................................................................................... 8,676 9,294
Member's Deficiency:
Accumulated deficit......................................................................................................................... (2,024,065)(2,486,073)
Senior notes due from Cablevision.................................................................................................. (611,455)(611,455)
Other member's equity (17,631,479 membership units issued and outstanding) ............................ 149,457 496,150
(2,486,063)(2,601,378)
Accumulated other comprehensive loss........................................................................................... (42,235)(42,694)
Total member's deficiency............................................................................................................... (2,528,298)(2,644,072)
Noncontrolling interests..................................................................................................................... 779 786
Total deficiency................................................................................................................................ (2,527,519)(2,643,286)
$ 6,648,031 $ 6,448,547
See accompanying notes to consolidated financial statements.