Other Accrued Liabilities and Other Liabilities, net

6 Months Ended

Jun. 30, 2021

Other accrued liabilities (current) and Other liabilities, net (noncurrent) consist of the following (in millions):


	As of
	June 30, 2021		December 31, 2020
Current:
Distribution payable	$	246	$	239
Interest payable	69		66
Accrued compensation and benefits	60		78
Taxes payable	114		122
Deferred income	43		42
Accrued advertising expenses	55		59
Restructuring and other provisions	14		12
Current portion of operating lease liabilities	139		137
Other	72		80
Other accrued liabilities	$	812	$	835
Noncurrent:
Taxes payable	$	553	$	626
Contract liabilities	526		528
Derivatives liabilities	820		865
Unfavorable leases	73		81
Accrued pension	68		70

Deferred income	34		28
Other	36		38
Other liabilities, net	$	2,110	$	2,236