Time Magazine 2012 Annual Report Download - page 123
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TIME WARNER INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (Continued)
December 31,
2012
December 31,
2011
Accounts Payable and Accrued Liabilities
Accounts payable ............................................. $ 771 $ 961
Accrued expenses ............................................. 2,176 2,037
Participations payable ......................................... 2,461 2,337
Programming costs payable ..................................... 777 742
Accrued compensation ......................................... 1,075 1,049
Accrued interest .............................................. 323 342
Accrued income taxes ......................................... 486 347
Total accounts payable and accrued liabilities ....................... $ 8,069 $ 7,815
December 31,
2012
December 31,
2011
Other Noncurrent Liabilities
Noncurrent tax and interest reserves .............................. $ 2,482 $ 2,430
Participations payable ......................................... 963 927
Programming costs payable ..................................... 1,197 1,029
Noncurrent pension and post retirement liabilities ................... 1,058 809
Deferred compensation ........................................ 580 574
Other noncurrent liabilities ...................................... 545 565
Total other noncurrent liabilities ................................. $ 6,825 $ 6,334
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