Time Warner Cable 2011 Annual Report Download - page 121

TIME WARNER CABLE INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
party for certain third-party intellectual property infringement claims, which could increase the Company’s damages and its
costs of defending against such claims. Even if the claims are without merit, defending against the claims can be time
consuming and costly.
As part of the TWE Restructuring, Time Warner agreed to indemnify the Company from and against any and all
liabilities relating to, arising out of or resulting from specified litigation matters brought against the TWE non-cable
businesses. Although Time Warner has agreed to indemnify the Company against such liabilities, TWE remains a named
party in certain litigation matters.
The costs and other effects of future litigation, governmental investigations, legal and administrative cases and
proceedings (whether civil or criminal), settlements, judgments and investigations, claims and changes in pending matters
(including those matters described above), and developments or assertions by or against the Company relating to intellectual
property rights and intellectual property licenses, could have a material adverse effect on the Company’s business, financial
condition and operating results.
20. ADDITIONAL FINANCIAL INFORMATION
Other Current Assets
Other current assets as of December 31, 2011 and 2010 consisted of (in millions):
December 31,
2011 2010
Prepaid income taxes ............................................................. $ 15 $ 287
Other prepaid expenses ............................................................ 139 115
Other current assets .............................................................. 33 23
Total other current assets .......................................................... $ 187 $ 425
Other Current Liabilities
Other current liabilities as of December 31, 2011 and 2010 consisted of (in millions):
December 31,
2011 2010
Accrued interest ................................................................. $ 585 $ 507
Accrued compensation and benefits .................................................. 360 357
Accrued franchise fees ............................................................ 164 166
Accrued insurance ............................................................... 158 152
Accrued sales and other taxes ...................................................... 84 92
Accrued rent .................................................................... 38 50
Accrued share repurchases ......................................................... 18 43
Other accrued expenses ........................................................... 320 262
Total other current liabilities ....................................................... $ 1,727 $ 1,629
Revenues
Revenues for the years ended December 31, 2011, 2010 and 2009 consisted of (in millions):
Year Ended December 31,
2011 2010 2009
Residential services .................................................. $ 17,093 $ 16,651 $ 16,028
Business services ................................................... 1,469 1,107 916
Advertising ........................................................ 880 881 702
Other ............................................................. 233 229 222
Total revenues ...................................................... $ 19,675 $ 18,868 $ 17,868
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