LabCorp 2015 Annual Report Download - page 102
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Index
December 31, 2015
December 31, 2014
Employee compensation and benefits $ 283.0
$ 183.9
Self-insurance reserves 80.6
54.2
Accrued taxes payable 83.8
32.0
Royalty and license fees payable 7.2
8.2
Restructuring reserves 58.6
7.8
Acquisition related reserves 12.1
7.0
Interest payable 63.8
19.7
Other 44.0
28.6
$ 633.1
$ 341.4
December 31, 2015
December 31, 2014
Post-retirement benefit obligation $ 19.6
$ 26.7
Defined benefit plan obligation 165.8
117.9
Restructuring reserves 20.6
14.3
Self-insurance reserves 10.0
34.9
Acquisition related reserves —
2.2
Deferred revenue 2.5
3.4
Deferred compensation plan obligation 46.4
43.4
Worker's compensation and auto 28.6
23.1
Other 29.6
8.3
$ 323.1
$ 274.2
Short-term borrowings and current portion of long-term debt at December 31, 2015 and 2014 consisted of the following:
December 31, 2015
December 31, 2014
Zero-coupon convertible subordinated notes $ 94.5
$ 93.9
5.625% Senior Notes due 2015 —
250.0
3.125% Senior Notes due 2016 325.0
—
Capital lease obligation 5.4
3.2
Total short-term borrowings and current portion of long-term debt $ 424.9
$ 347.1
Long-term debt at December 31, 2015 and 2014 consisted of the following:
F-22