Accrued Liabilities and Other

9 Months Ended

Sep. 30, 2020

Payables And Accruals [Abstract]

Accrued Liabilities and Other

Note 8 – Accrued Liabilities and Other

As of September 30, 2020 and December 31, 2019, accrued liabilities and other current liabilities consisted of the following (in millions):

	September 30,		December 31,
	2020		2019
Accrued purchases (1)	$	711	$	638
Payroll and related costs		502		466
Taxes payable (2)		635		611
Accrued interest		51		86
Financing obligation, current portion		48		57
Accrued warranty reserve, current portion		400		344
Sales return reserve, current portion		461		272
Resale value guarantees, current portion		20		317
Operating lease liabilities, current portion		251		228
Other current liabilities		173		203
Total	$	3,252	$	3,222

(1) Accrued purchases primarily reflects receipts of goods and services that we had not been invoiced yet. As we are invoiced for these goods and services, this balance will reduce and accounts payable will increase.

(2) Taxes payable includes value added tax, sales tax, property tax, use tax and income tax payables.