Quarterly report pursuant to Section 13 or 15(d)

Detail of Certain Balance Sheet Accounts

v3.22.1
Detail of Certain Balance Sheet Accounts
 3 Months Ended
Mar. 31, 2022
Balance Sheet Related Disclosures [Abstract]  
Detail of Certain Balance Sheet Accounts

14. Detail of Certain Balance Sheet Accounts

Other Assets

The Other assets on the Company’s accompanying condensed consolidated balance sheets included deferred compensation plan assets of $45.1 million and $48.2 million and deferred tax assets of $113.5 million and $118.0 million as of March 31, 2022 and December 31, 2021, respectively.

Other Current Liabilities

Other current liabilities consisted of the following:

 

 

 

March 31,
2022

 

 

December 31,
2021

 

 

 

(in millions)

 

Accrued compensation

 

$

111.5

 

 

$

171.9

 

Accrued service fees to China independent service providers

 

 

50.3

 

 

 

48.5

 

Accrued advertising, events, and promotion expenses

 

 

65.3

 

 

 

55.9

 

Current operating lease liabilities

 

 

42.2

 

 

 

42.8

 

Advance sales deposits

 

 

81.7

 

 

 

63.0

 

Income taxes payable

 

 

13.1

 

 

 

13.7

 

Other accrued liabilities

 

 

209.6

 

 

 

200.0

 

Total

 

$

573.7

 

 

$

595.8

 

Other Non-Current Liabilities

The Other non-current liabilities on the Company’s accompanying condensed consolidated balance sheets included deferred compensation plan liabilities of $77.5 million and $80.5 million and deferred income tax liabilities of $28.7 million and $30.6 million as of March 31, 2022 and December 31, 2021, respectively. See Note 6, Employee Compensation Plans, to the Consolidated Financial Statements included in the 2021 10-K for a further description of the Company’s deferred compensation plan assets and liabilities.