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DTV » Topics » Note 8: Accrued Liabilities and Deferred Credits

This excerpt taken from the DTV 10-K filed Mar 10, 2006.

Note 8: Accrued Liabilities and Deferred Credits

Accrued Liabilities and Other

 
   December 31,
 
   2005
   2004
 
   (Dollars in Millions)
Payroll and other compensation   $ 155.3   $ 217.4
Current portion of provision for above-market programming contracts     86.1     76.7
Third party commissions     142.9     154.1
Interest payable     28.4     36.5
Other     522.1     397.0
   
 
  Total   $ 934.8   $ 881.7
   
 

Other Liabilities and Deferred Credits

 
   December 31,
 
   2005
   2004
 
   (Dollars in Millions)
NRTC transaction obligations   $ 359.1   $ 410.0
Programming costs and provision for above-market programming contracts     321.3     368.7
Deferred credits     268.8     314.8
Accrued income taxes     183.7     247.2
Pension and other postretirement benefits     107.3     131.3
Obligation under capital lease     50.3     80.3
Other     117.1     113.1
   
 
  Total   $ 1,407.6   $ 1,665.4
   
 
This excerpt taken from the DTV 10-K filed Mar 1, 2005.

Note 8: Accrued Liabilities and Deferred Credits

 

Accrued Liabilities and Other

 

     December 31,
         2004    
        2003    
     (Dollars in Millions)

Payroll and other compensation

    $ 253.4    $ 321.3

Programming contract liabilities

      76.7      133.2

Third party commissions

      154.1      75.9

Interest payable

      36.5      41.9

Other

      361.0      365.2
    
  

Total

    $ 881.7    $ 937.5
    
  

 

Other Liabilities and Deferred Credits

 

Included in “Other Liabilities and Deferred Credits” in the Consolidated Balance Sheets are obligations under programming contracts, NRTC contract rights and NRTC subscriber payments related to the NRTC transactions of $410.0 million, satellite transponder lease obligations of $80.3 million resulting from the consolidation of the PanAmericana entities and a provision for long-term programming contracts with above-market rates of $86.1 million, established as part of the USSB and PRIMESTAR acquisitions in 1999, which totaled $859.0 million at December 31, 2004. Included in “Other Liabilities and Deferred Credits” at December 31, 2003 are obligations under programming contracts and a provision for long-term programming contracts with above-market rates, discussed above, of $291.1 million.

 

EXCERPTS ON THIS PAGE:

10-K
Mar 10, 2006
10-K
Mar 1, 2005

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