| ACCRUED EXPENSES Accrued expenses as of December 3, 2021 and November 27, 2020 consisted of the following: | | | | | | | | | | | | | (in millions) | 2021 | | 2020 | | Accrued compensation and benefits | $ | 490 | | | $ | 375 | | | Accrued bonuses | 455 | | | 330 | | | Refund liabilities | 128 | | | 127 | | | Taxes payable | 119 | | | 95 | | | Accrued corporate marketing | 96 | | | 134 | | | Royalties payable | 40 | | | 34 | | |
| Accrued hosting fees | 37 | | | 66 | | | Accrued interest expense | 34 | | | 32 | | |
| Other | 337 | | | 229 | | | Accrued expenses | $ | 1,736 | | | $ | 1,422 | |
Other primarily includes accrued media costs, collateral received related to master netting arrangements and general corporate accruals for local and regional expenses, including accruals for fees associated with the cancellation of corporate events.
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