Time Magazine 2013 Annual Report Download - page 131
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TIME WARNER INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (Continued)
December 31,
2013
December 31,
2012
Accounts Payable and Accrued Liabilities
Accounts payable ............................................. $ 693 $ 771
Accrued expenses ............................................. 1,925 2,176
Participations payable ......................................... 2,302 2,461
Programming costs payable ..................................... 706 747
Accrued compensation ......................................... 1,224 1,075
Accrued interest .............................................. 313 323
Accrued income taxes ......................................... 159 486
Total accounts payable and accrued liabilities ....................... $ 7,322 $ 8,039
December 31,
2013
December 31,
2012
Other Noncurrent Liabilities
Noncurrent tax and interest reserves .............................. $ 2,561 $ 2,482
Participations payable ......................................... 1,078 963
Programming costs payable ..................................... 1,076 1,092
Noncurrent pension and post-retirement liabilities ................... 733 1,058
Deferred compensation ........................................ 573 580
Other noncurrent liabilities ...................................... 463 546
Total other noncurrent liabilities ................................. $ 6,484 $ 6,721
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