Accrued Liabilities

9 Months Ended

Oct. 01, 2023

Components of accrued liabilities for the periods ended October 1, 2023, September 25, 2022 and December 25, 2022 were as follows:


	October 1, 2023		September 25, 2022		December 25, 2022
Royalties	$	148.9	$	238.4	$	195.4
Deferred revenue	112.1		132.2		111.3
Dividends	97.1		96.7		96.7
Cancellation charges	83.0		65.5		89.2
Other taxes	63.8		69.2		82.1
Payroll and management incentives	62.9		98.4		66.7
General vendor accruals	57.9		44.1		44.3
Severance	55.5		39.1		100.3
Advertising	52.3		103.5		53.2
Interest	38.1		38.7		31.0
Freight	32.3		47.7		28.5
Participations and residuals	30.4		266.7		300.2
Lease liability - current	28.1		40.4		39.6
Accrued income taxes	27.3		58.6		44.8
Defined contributions plans	27.3		26.7		30.0
Accrued expenses - IIP & IIC	2.7		51.9		80.8
Production payables	0.9		23.8		23.8



Other	64.8		95.9		88.9
Total accrued liabilities (1)	$	985.4	$	1,537.5	$	1,506.8

(1) For the nine-month period ended October 1, 2023, liabilities of $607.4 million attributable to the Film & TV business, which were previously classified within Accrued liabilities, have been transferred to Liabilities held for sale. For the nine-month period ended September 25, 2022, liabilities of $15.0 million attributable to non-core entertainment businesses, which were previously classified within Accrued liabilities, were transferred to Liabilities held for sale.