Accrued Expenses (Tables)

12 Months Ended

Dec. 31, 2022

Accrued expenses consist of the following at December 31, 2022 and 2021 (in thousands):


	December 31,
	2022		2021
Employee benefits, payroll and related taxes	$	145,885	$	100,718








Dividend payable to noncontrolling interest	53,168		—
Settlement of prior legal matter(a)	—		332,500
Wodgina Project acquisition consideration obligation(b)	18,380		132,400
Other(c)	288,461		197,675
Total	$	505,894	$	763,293

(a)Balance paid in 2022 for the settlement of an arbitration ruling for a prior legal matter. See Note 17, “Commitments and Contingencies,” for further details.

(b)Represents the 40% interest in the Kemerton assets, which are under construction, expected to be transferred to MRL in the next twelve months as part of the consideration paid for the Wodgina Project acquisition. See Note 2, “Acquisitions,” for further details.

(c)Other accrued expenses represent balances such as operating lease liabilities, environmental reserves, asset retirement obligations, pension obligations, interest, utilities, other taxes, among other liabilities, expected to be paid within the next 12 months. No individual component exceeds 5% of total current liabilities.