Accrued Liabilities and Other

3 Months Ended

Mar. 31, 2020

Payables And Accruals [Abstract]

Accrued Liabilities and Other

Note 8 – Accrued Liabilities and Other

As of March 31, 2020 and December 31, 2019, accrued liabilities and other current liabilities consisted of the following (in millions):

	March 31,		December 31,
	2020		2019
Accrued purchases (1)	$	643	$	638
Payroll and related costs		409		466
Taxes payable (2)		399		611
Accrued interest		55		86
Financing obligation, current portion		53		57
Accrued warranty reserve, current portion		362		344
Sales return reserve, current portion		289		272
Resale value guarantees, current portion		202		317
Operating lease liabilities, current portion		229		228
Other current liabilities		184		203
Total	$	2,825	$	3,222

(1) Accrued purchases primarily reflects receipts of goods and services that we had not been invoiced yet. As we are invoiced for these goods and services, this balance will reduce and accounts payable will increase.

(2) Taxes payable includes value added tax, sales tax, property tax, use tax and income tax payables.