Other Liabilities

9 Months Ended

Jun. 30, 2019

Note 16. Other liabilities



	June 30,		September 30,
	2019		2018
Net accrued retirement benefits, less amounts recognized within accrued liabilities	$	90,512	$	90,722
Total unrecognized tax benefits		10,447		8,582
Noncurrent income taxes payable		20,301		12,494
Deferred economic incentives ⁽¹⁾		11,924		13,038
Loss reserve on contractual lease commitments ⁽²⁾		1,868		2,686
Cross currency swap derivative liability ⁽³⁾		4,319		23,000
Net noncurrent contract liabilities ⁽⁴⁾		332,927		235,300
Other		11,886		12,233
	$	484,184	$	398,055

(1)

Woodward receives certain economic incentives from various state and local authorities related to capital expansion projects. Such amounts are initially recorded as deferred credits and are being recognized as a reduction to pre-tax expense over the economic lives of the related capital expansion projects.

(2)See Note 15, Accrued liabilities for more information on the loss reserve on contractual lease commitments.

(3)See Note 7, Financial instruments and fair value measurements for more information on the cross currency swap derivative liability.

(4)See Note 3, Revenue, for more information on net noncurrent contract liabilities.