Liabilities (Tables)

12 Months Ended

Dec. 31, 2015

Accounts Payable and Accrued Liabilities [Abstract]

Schedule of Accrued Expenses and Other Current Liabilities

The components of accrued expenses and other current liabilities are as follows (in millions):



	December 31,
	2015		2014
Accrued compensation and benefits	$	473	$	322
Accrued property and equipment	192		164
Promissory note payable⁽¹⁾	201		—
Other current liabilities	583		380
Accrued expenses and other current liabilities	$	1,449	$	866

(1) See Note 2 in these notes to the consolidated financial statements for additional information related to our promissory note payable.

Other Liabilities

The components of other liabilities are as follows (in millions):



	December 31,
	2015		2014
Income tax payable	$	2,458	$	1,190
Deferred tax liabilities⁽¹⁾	163		769
Contingent consideration liability	267		193
Other liabilities	269		175
Other liabilities	$	3,157	$	2,327

(1)

In November 2015, the FASB issued ASU 2015-17, which simplifies the presentation of deferred income taxes by requiring deferred tax assets and liabilities be classified as noncurrent on the balance sheet. We early adopted this standard retrospectively, and as a result of the reclassifications, certain noncurrent deferred tax liabilities were netted with noncurrent deferred tax assets. See Note 1 in these notes to the consolidated financial statements for additional information.