OTHER LIABILITIES

Other Accrued Liabilities

A summary of other accrued liabilities as of September 30, 2016 and December 31, 2015 follows:



	2016		2015
Accrued payroll and benefits	$	169.3	$	187.8
Accrued fees and taxes	134.2		126.5
Insurance reserves, current portion	138.5		127.7
Ceded insurance reserves, current portion	13.1		12.5
Accrued dividends	109.0		103.7
Current tax liabilities	2.1		0.5
Fuel hedge fair value and settlements payable	16.1		41.0
Accrued professional fees and legal settlement reserves	32.8		44.2
Other	89.1		72.7
Total	$	704.2	$	716.6

Other Long-Term Liabilities

A summary of other long-term liabilities as of September 30, 2016 and December 31, 2015 follows:



	2016		2015
Deferred compensation plan	$	86.4	$	83.3
Pension and other post-retirement liabilities	11.3		12.1
Legal settlement reserves	24.5		24.7
Ceded insurance reserves	61.4		44.0
Withdrawal liability - multiemployer pension funds	11.7		6.1
Contingent consideration and acquisition holdbacks	66.3		78.0
Interest rate locks liability	20.3		—
Other	56.0		61.1
Total	$	337.9	$	309.3

Insurance Reserves

Our liabilities for unpaid and incurred but not reported claims as of September 30, 2016 and December 31, 2015 (which include claims for workers’ compensation, commercial general and auto liability, and employee-related health care benefits) were $418.6 million and $405.8 million, respectively, under our risk management program and are included in other accrued liabilities and insurance reserves, net of current portion, in our consolidated balance sheets. While the ultimate amount of claims incurred depends on future developments, we believe the recorded reserves are adequate to cover the future payment of claims; however, it is possible that these recorded reserves may not be adequate to cover the future payment of claims. Adjustments, if any, to estimates recorded resulting from ultimate claim payments will be reflected in our consolidated statements of income in the periods in which such adjustments are known.