v3.25.1
Accrued Liabilities and Other
3 Months Ended
Mar. 31, 2025
Payables and Accruals [Abstract]  
Accrued Liabilities and Other Accrued Liabilities and Other
Our accrued liabilities and other current liabilities consisted of the following (in millions):
March 31,
2025
December 31,
2024
Accrued purchases (1)$2,414 $2,253 
Accrued warranty reserve, current portion2,053 1,917 
Payroll and related costs1,612 1,532 
Taxes payable (2)1,176 1,367 
Customer deposits1,013 993 
Operating lease liabilities, current portion842 807 
Sales return reserve, current portion340 305 
Other current liabilities1,352 1,549 
Total$10,802 $10,723 
(1)Accrued purchases primarily reflects receipts of goods and services for which we had not yet been invoiced. As we are invoiced for these goods and services, this balance will reduce and accounts payable will increase.
(2)Taxes payable primarily includes value added tax, income tax, sales tax, property tax and use tax payables.