Other Assets and Liabilities

Prepaid expenses and other current assets consist of the following:



	December 31, 2016		April 2, 2016
	(millions)
Other taxes receivable	$	119	$	112
Derivative financial instruments	60		16
Prepaid rent expense	39		37
Tenant allowances receivable	16		13
Prepaid samples	11		9
Restricted cash	9		17
Prepaid advertising and marketing	6		7
Other prepaid expenses and current assets	61		57
Total prepaid expenses and other current assets	$	321	$	268

Other non-current assets consist of the following:



	December 31, 2016		April 2, 2016
	(millions)
Non-current investments	$	82	$	187
Restricted cash	33		29
Security deposits	29		32
Derivative financial instruments	19		6
Other non-current assets	39		42
Total other non-current assets	$	202	$	296

Accrued expenses and other current liabilities consist of the following:



	December 31, 2016		April 2, 2016
	(millions)
Accrued operating expenses	$	209	$	186
Accrued payroll and benefits	177		149
Accrued inventory	160		176
Other taxes payable	155		139
Restructuring reserve	85		40
Accrued capital expenditures	56		65
Dividends payable	41		41
Deferred income	34		50
Capital lease obligations	22		21
Derivative financial instruments	9		26
Other accrued expenses and current liabilities	7		5
Total accrued expenses and other current liabilities	$	955	$	898

Other non-current liabilities consist of the following:



	December 31, 2016		April 2, 2016
	(millions)
Capital lease obligations	$	252	$	266
Deferred rent obligations	208		222
Deferred tax liabilities	14		17
Derivative financial instruments	9		33
Deferred compensation	8		8
Other non-current liabilities	48		47
Total other non-current liabilities	$	539	$	593