Other Balance Sheet Items

3 Months Ended

Mar. 31, 2023

Balance Sheet Related Disclosures [Abstract]

Other Balance Sheet Items

Selected Balance Sheet Items

Accounts Payable and Accrued Liabilities

Accounts payable and accrued liabilities consist of the following: 

	March 31,		December 31,
	2023		2022
	(In millions)
Accounts payable and accrued expenses	$	6.6	$	9.8
Customer deposits	71.9		72.0
Taxes payable	71.8		37.4
Accrued employee compensation	36.7		59.0
Interest payable	24.6		19.5
Accrued registry fees	14.2		12.7
Customer incentives payable	5.3		7.1
Other accrued liabilities	8.1		9.0
Total accounts payable and accrued liabilities	$	239.2	$	226.5

Taxes payable reflects amounts accrued for the income tax provision and payments made during the period. This balance fluctuates from period to period due to the timing of income tax payments in the Company’s major tax jurisdictions. Accrued employee compensation primarily consists of liabilities for employee leave, salaries, payroll taxes, employee contributions to the employee stock purchase plan, and incentive compensation. Accrued employee incentive compensation as of December 31, 2022 was paid during the three months ended March 31, 2023. Interest payable varies at each period-end based on the payment due dates for each Senior Note issuance.