iHeartMedia 2009 Annual Report Download - page 81

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LIABILITIES AND MEMBER’S DEFICIT
(In thousands, except share data)
See Notes to Consolidated Financial Statements
77
December 31,
2009
December 31,
2008
CURRENT LIABILITIES
Accounts payable
$ 132,193
$ 155,240
Accrued expenses
726,311
793,366
Accrued interest
137,236
181,264
Current portion of long-term debt
398,779
562,923
Deferred income
149,617
153,153
Total Current Liabilities
1,544,136
1,845,946
Long-term debt
20,303,126
18,940,697
Deferred income taxes
2,220,023
2,679,312
Other long-term liabilities
824,554
575,739
Commitments and contingent liabilities (Note J)
MEMBER’S DEFICIT
Noncontrolling interes
t
455,648
426,220
Member’s interest
2,109,007
2,101,076
Retained deficit
(9,076,084)
(5,041,998)
Accumulated other comprehensive loss
(333,309)
(401,529)
Total Member’s Deficit
(6,844,738)
(2,916,231)
Total Liabilities and Member’s Deficit
$18,047,101
$21,125,463