OTHER LIABILITIES

Other Accrued Liabilities

A summary of other accrued liabilities as of March 31, 2013 and December 31, 2012 follows:



	2013		2012
Accrued payroll and benefits	$	122.0	$	157.1
Accrued fees and taxes	111.2		124.2
Self-insurance reserves, current portion	134.1		135.5
Accrued dividends	84.9		84.9
Current tax liabilities	42.2		2.1
Accrued professional fees and legal settlement reserves	24.8		34.6
Restructuring liabilities	6.7		9.0
Other	86.2		76.2
Total	$	612.1	$	623.6

Other accrued liabilities include the fair value of fuel and commodity hedges of $1.8 million and $1.6 million as of March 31, 2013 and December 31, 2012, respectively.

Other Long-Term Liabilities

A summary of other long-term liabilities as of March 31, 2013 and December 31, 2012 follows:



	2013		2012
Deferred compensation liability	$	57.2	$	50.0
Pension and other post-retirement liabilities	12.0		12.7
Legal settlement reserves	41.4		36.4
Ceded insurance reserves	50.4		59.7
Withdrawal liability - Central States Pension Fund	88.6		30.7
Other	43.9		31.4
Total	$	293.5	$	220.9

Self-Insurance Reserves

In general, our self-insurance reserves are recorded on an undiscounted basis. However, the self-insurance liabilities we acquired in the acquisition of Allied Waste Industries, Inc. (Allied) have been recorded at our estimate of fair value, and, therefore, have been discounted to present value using a rate of 9.75%. Discounted reserves are accreted to non-cash interest expense through the period they are paid.

Our liabilities for unpaid and incurred but not reported claims at March 31, 2013 (which include claims for workers’ compensation, general liability, vehicle liability and employee health care benefits) were $432.4 million and are included in other accrued liabilities and self-insurance reserves in our consolidated balance sheets. While the ultimate amount of claims incurred depends on future developments, we believe recorded reserves are adequate to cover the future payment of claims. However, it is possible that recorded reserves may not be adequate to cover the future payment of claims. Adjustments, if any, to estimates recorded resulting from ultimate claim payments are recorded currently in earnings in the periods in which such adjustments are known.