Note L — Other Liabilities
| 2013 | 2012 | |||||||
| In thousands | ||||||||
|
Deferred compensation (Note M) |
$ | 244,554 | $ | 204,132 | ||||
|
Pension liabilities (Note M) |
214,431 | 474,175 | ||||||
|
Income taxes |
129,257 | 121,516 | ||||||
|
Deferred income taxes (Note P) |
452,506 | 366,804 | ||||||
|
Deferred rent credits |
86,141 | 68,560 | ||||||
|
Product warranty claims |
42,352 | 36,590 | ||||||
|
Derivative financial instruments (Note U) |
10,169 | 7,455 | ||||||
|
Other |
64,165 | 66,786 | ||||||
|
Other liabilities |
$ | 1,243,575 | $ | 1,346,018 | ||||
Activity relating to accrued product warranty claims is summarized as follows:
| 2013 | 2012 | 2011 | ||||||||||
| In thousands | ||||||||||||
|
Balance, beginning of year |
$ | 50,395 | $ | 44,727 | $ | 42,335 | ||||||
|
Accrual for products sold during the year |
20,199 | 17,769 | 15,749 | |||||||||
|
Repair or replacement costs incurred |
(13,923 | ) | (12,427 | ) | (12,911 | ) | ||||||
|
Currency translation |
468 | 326 | (446 | ) | ||||||||
|
Balance, end of year |
57,139 | 50,395 | 44,727 | |||||||||
|
Less current portion (Note J) |
14,787 | 13,805 | 13,791 | |||||||||
|
Long-term portion |
$ | 42,352 | $ | 36,590 | $ | 30,936 | ||||||