TE Connectivity Ltd. | 2013 | FY | 3


10. Accrued and Other Current Liabilities

        Accrued and other current liabilities consisted of the following:

 
  Fiscal Year End  
 
  2013   2012  
 
  (in millions)
 

Accrued payroll and employee benefits

  $ 498   $ 440  

Dividends and cash distributions to shareholders payable

    206     178  

Tax Sharing Agreement guarantee liabilities pursuant to ASC 460

    185     14  

Restructuring reserves

    168     118  

Income taxes payable

    112     139  

Deferred income taxes

    54     85  

Interest payable

    51     72  

Warranty liability

    21     31  

Other

    467     499  
           

Accrued and other current liabilities

  $ 1,762   $ 1,576  
           

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