Components of accrued liabilities were as follows: | | | | | | | | | | | | | | | | | | | June 29,
2025 | | June 30,
2024 | | December 29, 2024 | | Contract liabilities - current | $ | 202.7 | | | $ | 257.5 | | | $ | 236.5 | | | Accrued royalties expense | 171.1 | | | 145.4 | | 160.5 | | Payroll and management incentives | 69.3 | | | 51.8 | | 121.1 | | Advertising | 64.6 | | | 25.8 | | 58.7 | | Other taxes | 47.6 | | | 48.8 | | 60.9 | | General vendor accruals | 38.4 | | | 43.8 | | 46.1 | | Lag & cancellation charges | 36.0 | | | 76.3 | | 48.9 | | Freight | 34.9 | | | 25.7 | | 27.0 | | Severance | 33.3 | | | 63.0 | | 50.2 | | Accrued income taxes | 31.5 | | | 108.6 | | 93.3 | | Interest | 29.8 | | | 33.7 | | 31.3 | | Lease liability - current | 27.9 | | | 32.7 | | 29.8 | | Defined contributions plans | 17.8 | | | 19.2 | | 21.4 | | Professional fees | 16.9 | | | 10.1 | | 18.2 | | Participations and residuals | 10.0 | | | 17.8 | | 8.8 | | Insurance | 8.2 | | | 14.3 | | 11.3 | | Accrued expenses - productions | 0.7 | | | 0.5 | | 0.7 | | | | | | | | Other | 47.5 | | | 57.6 | | | 35.1 | | | Total accrued liabilities | $ | 888.2 | | | $ | 1,032.6 | | | $ | 1,059.8 | |
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