RALPH LAUREN CORP | 2013 | FY | 3


Other Current Liabilities and Non-Current Liabilities
Accrued expenses and other current liabilities consist of the following:
 
 
March 30,
2013
 
March 31,
2012
 
 
(millions)
Accrued operating expenses
 
$
172.3

 
$
175.7

Accrued payroll and benefits
 
199.3

 
227.7

Accrued inventory
 
93.3

 
108.0

Accrued capital expenditures
 
52.6

 
45.4

Deferred income
 
40.3

 
50.3

Other taxes payable
 
50.9

 
47.1

Dividends payable
 
36.4

 
18.5

Other accrued expenses and current liabilities
 
19.5

 
21.0

Total accrued expenses and other current liabilities
 
$
664.6

 
$
693.7


Other non-current liabilities consist of the following:
 
 
March 30,
2013
 
March 31,
2012
 
 
(millions)
Capital lease obligations
 
$
38.4

 
$
38.3

Deferred rent obligations
 
189.2

 
176.9

Deferred income
 
57.6

 
78.2

Deferred tax liabilities
 
29.7

 
35.2

Other non-current liabilities
 
47.2

 
46.7

Total other non-current liabilities
 
$
362.1

 
$
375.3


us-gaap:OtherLiabilitiesDisclosureTextBlock