Time Magazine 2010 Annual Report Download - page 120
Download and view the complete annual report
Please find page 120 of the 2010 Time Magazine annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110 -
111 -
112 -
113 -
114 -
115 -
116 -
117 -
118 -
119 -
120 -
121 -
122 -
123 -
124 -
125 -
126 -
127 -
128 -
129 -
130
 |
 |
Interest Expense, Net
Interest expense, net, consists of (millions):
2010 2009 2008
Years Ended December 31,
Interest income .................................... $ 99 $ 138 $ 168
Interest expense ................................... (1,277) (1,304) (1,528)
Total interest expense, net ............................ $ (1,178) $ (1,166) $ (1,360)
Other Income (Loss), Net
Other income (loss), net, consists of (millions):
2010 2009 2008
Years Ended December 31,
Investment gains (losses), net ............................... $ 32 $ (21) $ (60)
Premiums paid and transaction costs incurred in
connection with debt redemptions ............................ (364) — —
Income (loss) on equity method investees ...................... 6 (32) 34
Other ................................................. (5) (14) 33
Total other income (loss), net ............................... $ (331) $ (67) $ 7
Accounts Payable and Accrued Liabilities
Accounts payable and accrued liabilities consist of (millions):
December 31,
2010
December 31,
2009
Accounts payable .......................................... $ 846 $ 677
Accrued expenses.......................................... 2,087 2,495
Participations payable ....................................... 2,480 2,652
Programming costs payable .................................. 737 681
Accrued compensation ...................................... 1,051 916
Accrued interest ........................................... 284 257
Accrued income taxes ...................................... 248 129
Total accounts payable and accrued liabilities . . ................... $ 7,733 $ 7,807
Other Noncurrent Liabilities
Other noncurrent liabilities consist of (millions):
December 31,
2010
December 31,
2009
Noncurrent tax and interest reserves ............................ $ 2,397 $ 2,173
Participations payable ....................................... 806 766
Programming costs payable .................................. 1,227 1,242
Noncurrent pension and post retirement liabilities .................. 565 582
Deferred compensation ...................................... 575 565
Other noncurrent liabilities ................................... 597 639
Total other noncurrent liabilities ............................... $ 6,167 $ 5,967
108
TIME WARNER INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (Continued)