Other Accrued Liabilities and Other Liabilities, net

3 Months Ended

Mar. 31, 2026

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


	As of
	March 31, 2026		December 31, 2025
Current:
Distribution payable	$	297	$	283
Interest payable	96		69
Accrued compensation and benefits	98		155
Taxes payable	114		188
Deferred income	89		77
Accrued advertising expenses	37		44
Restructuring and other provisions	25		25
Current portion of operating lease liabilities	211		200
Other	132		230
Other accrued liabilities	$	1,099	$	1,271
Noncurrent:
Taxes payable	$	80	$	77
Contract liabilities	503		517
Derivative liabilities	191		290
Unfavorable leases	23		25
Accrued pension	24		23
Deferred income	47		45
Other	63		57
Other liabilities, net	$	931	$	1,034