DARDEN RESTAURANTS INC | 2013 | FY | 3


OTHER ASSETS
The components of other assets are as follows:
(in millions)
May 26, 2013

 
May 27, 2012

Trust-owned life insurance (1)
$
85.7

 
$
68.9

Capitalized software costs, net (2)
40.4

 
20.9

Liquor licenses
49.6

 
47.3

Acquired below-market leases, net
21.4

 
16.9

Loan costs, net
19.1

 
15.3

Marketable securities
22.3

 
33.0

Deferred-tax charge (3)
21.3

 

Insurance-related
18.0

 
16.7

Miscellaneous
21.0

 
12.8

Total other assets
$
298.8

 
$
231.8


(1)
The increase is attributable to market-driven changes in the value of our trust-owned life insurance.
(2)
The increase is attributable to upgrades to our information technology platform in support of technology initiatives.
(3)
The deferred tax charge is related to U.S. federal and state income taxes paid on the sale of intellectual property related to our foreign franchise and lobster aquaculture business to foreign subsidiaries in fiscal 2013.

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