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Note 7 - Other Long-term Liabilities
12 Months Ended
Dec. 31, 2024
Payables and Accruals [Abstract]  
Other Long-term Liabilities

NOTE 7: OTHER LONG-TERM LIABILITIES

 

 

 

As of December 31,

 

(in millions)

 

2024

 

 

2023

 

Workers' compensation

 

$

53

 

 

$

56

 

Asset retirement obligations

 

 

43

 

 

 

43

 

Deferred taxes

 

 

24

 

 

 

27

 

Deferred brand licensing revenue

 

 

57

 

 

 

63

 

Environmental liabilities

 

 

9

 

 

 

9

 

Embedded conversion option derivative liabilities

 

 

1

 

 

 

2

 

Other

 

 

10

 

 

 

13

 

Total

 

$

197

 

 

$

213

 

The Other component above consists of other miscellaneous long-term liabilities that, individually, were less than 5% of the total liabilities component in the accompanying Consolidated Statement of Financial Position and therefore have been aggregated in accordance with Regulation S-X.