plans' net asset balances out of other liabilities as a result of actuarial gains, higher returns and incremental funding during 2013. In addition, the other assets balance increased as a result of higher investment balances in our captive insurance companies. 

Accountspayableandaccruedexpensesincreased$897million,or10percent,primarilyduetotheCompanyreceivingnotificationthatputoptionsithadissuedin2007 to minority shareholders of our German bottling and distribution operations to sell their respective shares would be exercised in January 2014. As a result, the related liability was reclassified out of the line item other liabilities into the line item accrued expenses in our consolidated balance sheet. Refer to Note 2 of Notes to Consolidated Financial Statements for additional information on the bottling transaction. In addition, accounts payable and accrued expenses increased due to the timing of marketing and restructuring accruals. 

Long-termdebtincreased$4,418million,or30percent,primarilyduetotheCompany'sissuanceoflong-termdebtnetofearlyretirementsduring2013.Refertothe heading "Cash Flows from Financing Activities" above and Note 10 of Notes to Consolidated Financial Statements for additional information on our long-term debt balance. 

Deferredincometaxesincreased$1,171million,or24percent,primarilyduetotheimpactrelatedtothenetchangesintheCompany'sU.S.pensionplanassumptionsas well as a deferred tax liability recorded as a result of the Company's equity investment in the newly combined Brazilian bottling operations. Refer to Note 2 of Notes to Consolidated Financial Statements for additional information on the Brazilian bottling transaction and Note 13 of Notes to Consolidated Financial Statements for additional information on the Company's deferred income taxes.