Time Magazine 2015 Annual Report Download - page 127
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TIME WARNER INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - (Continued)
December 31,
2015 2014
Accounts Payable and Accrued Liabilities
Accounts payable ........................................................ $ 653 $ 574
Accrued expenses ........................................................ 1,946 2,173
Participations payable ..................................................... 2,422 2,551
Programming costs payable ................................................ 712 722
Accrued compensation .................................................... 957 1,034
Accrued interest ......................................................... 341 303
Accrued income taxes ..................................................... 157 150
Total accounts payable and accrued liabilities .................................. $ 7,188 $ 7,507
December 31,
2015 2014
Other Noncurrent Liabilities
Noncurrent tax and interest reserves .......................................... $ 1,535 $ 1,520
Participations payable ..................................................... 1,512 1,076
Programming costs payable ................................................ 816 959
Noncurrent pension and post-retirement liabilities ............................... 908 928
Deferred compensation .................................................... 471 531
Other noncurrent liabilities ................................................. 556 670
Total other noncurrent liabilities ............................................. $ 5,798 $ 5,684
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