Institutional Federal Compliance Report 2021

______________________________________________________________________________________________ STATE OF NEW YORK • 97 Note 8 Liabilities Changes in Long-Term Liabilities

The following table summarizes changes in long-term liabilities for both governmental activities and busi- ness-type activities (amounts in millions): CHANGES IN LONG-TERM LIABILITIES—GOVERNMENTAL ACTIVITIES Beginning Balance,

Ending Balance

Due Within One Year

Description

as Restated

Additions

Deletions

Tax refunds payable . . . . . . . . . . . . . . . . .

$

1,165 $

42 $ — 00000 $

1,207 $ — 00000

Accrued liabilities: Payroll and fringe benefits . . . . . . . . . . . . $ Compensated absences . . . . . . . . . . . . . Medicaid . . . . . . . . . . . . . . . . . . . . . . . . . Health insurance . . . . . . . . . . . . . . . . . . . Litigation . . . . . . . . . . . . . . . . . . . . . . . . . Workers’ compensation reserve . . . . . . . Arbitrage rebate . . . . . . . . . . . . . . . . . . . . Secured hospitals . . . . . . . . . . . . . . . . . . Due to component unit . . . . . . . . . . . . . . . Miscellaneous . . . . . . . . . . . . . . . . . . . . .

167 $

4 $ —00000 $

171 925 368 192 64

—00000

899 595 192 57

85 38

59 265 49 817 19 29 43 16

53 175 50 527

—00000

—00000

—00000

56

4,618

—00000

3,801

1

19

1

1

68 215 15

—00000 —00000

39 172

20 43

8

7

—00000

Total . . . . . . . . . . . . . . . . . . . . . . . .

$

6,827 $

210 $

1,297 $

5,740

869

Payable to local governments: Education aid . . . . . . . . . . . . . . . . . . . . . . $ Medicaid . . . . . . . . . . . . . . . . . . . . . . . . . Miscellaneous . . . . . . . . . . . . . . . . . . . . .

312 $ —00000 $

10 $

302 135 35 472

—00000

—00000

135 33

—00000

135

33

31

—00000

Total . . . . . . . . . . . . . . . . . . . . . . . .

$

345 $

168 $

41 $

135

Due to federal government . . . . . . . . . . . .

$

900 $ — 00000 $

100 $

800

100

Pension contributions payable . . . . . . . .

$

1,716 $ — 00000 $

352 $

1,364

— 00000

Net pension liability . . . . . . . . . . . . . . . . . .

$

4,197 $ — 00000 $

2,710 $

1,487

— 00000

Other postemployment benefits* . . . . . . .

$

53,506 $

3,782 $

6,402 $

50,886

— 00000

Pollution remediation . . . . . . . . . . . . . . . .

$

1,127 $

261 $

165 $

1,223

133

Collateralized borrowings . . . . . . . . . . . . .

$

356 $ — 00000 $

23 $

333

25

General obligation bonds payable: General obligation bonds payable . . . . . . $ Deferred amounts: Unamortized premiums . . . . . . . . . . . .

2,371 $

114 $

199 $

2,286

190

165

19

11

173

13

Total . . . . . . . . . . . . . . . . . . . . . . . .

$

2,536 $

133 $

210 $

2,459

203

Other financing arrangements: Capital leases . . . . . . . . . . . . . . . . . . . . . $ Other financing arrangements . . . . . . . . . Deferred amounts: Unamortized premiums . . . . . . . . . . . . Unamortized discounts . . . . . . . . . . . . Accreted discount on bonds . . . . . . . .

13 $

9 $

3 $

19

2

34,991

5,885

3,996

36,880

2,871

4,012

649

332

4,329

287

(5)

(1)

(1)

(5)

(1)

8

1

4

5

—00000

Total . . . . . . . . . . . . . . . . . . . . . . . .

$

39,019 $

6,543 $

4,334 $

41,228

3,159

Derivative instruments . . . . . . . . . . . . . . .

$

102 $

3 $

6 $

99

— 00000

Total due within one year . . . . . . .

$

4,624

*Beginning balance restated due to the implementation of GASBS No. 75