10. Accrued and Other Current Liabilities
Accrued and other current liabilities consisted of the following:
| |
Fiscal Year End | ||||||
|---|---|---|---|---|---|---|---|
| |
2013 | 2012 | |||||
| |
(in millions) |
||||||
|
Accrued payroll and employee benefits |
$ | 498 | $ | 440 | |||
|
Dividends and cash distributions to shareholders payable |
206 | 178 | |||||
|
Tax Sharing Agreement guarantee liabilities pursuant to ASC 460 |
185 | 14 | |||||
|
Restructuring reserves |
168 | 118 | |||||
|
Income taxes payable |
112 | 139 | |||||
|
Deferred income taxes |
54 | 85 | |||||
|
Interest payable |
51 | 72 | |||||
|
Warranty liability |
21 | 31 | |||||
|
Other |
467 | 499 | |||||
|
Accrued and other current liabilities |
$ | 1,762 | $ | 1,576 | |||