Supplemental Balance Sheet Information

12 Months Ended

Dec. 31, 2011

Supplemental Balance Sheet Information

Supplemental Balance Sheet Information

Note 19—Supplemental Balance Sheet Information

Other current liabilities were comprised of the following (in millions):

	December 31,
	2011		2010
Other current liabilities
Accrued payroll and employee benefits	$	340	$	270
Distribution payable	278		—
Deferred revenue	181		134
Deferred revenue of consolidated variable interest entities	16		16
Accrued taxes, other than income	127		126
Accrued interest	132		97
Unearned income	2		15
Contingent liabilities	1,229		164
Other	45		61
Total other current liabilities	$	2,350	$	883

Other long-term liabilities were comprised of the following (in millions):

	December 31,
	2011		2010
Other long-term liabilities
Long-term income taxes payable	$	729	$	675
Accrued pension liabilities	579		426
Deferred revenue	244		302
Deferred revenue of consolidated variable interest entities	85		91
Drilling contract intangibles	103		152
Accrued retiree life insurance and medical benefits	49		52
Other	114		93
Total other long-term liabilities	$	1,903	$	1,791