Table:
|  | As of |  |
| --- | --- | --- |
|  | December 31, 2019 | December 31, 2018 |
| Accrued property and real estate taxes | $198.1 | $169.7 |
| Accrued pass-through costs | 74.2 | 71.2 |
| Amounts payable to tenants | 77.9 | 93.5 |
| Accrued rent | 75.6 | 61.4 |
| Payroll and related withholdings | 102.4 | 90.4 |
| Accrued construction costs | 27.8 | 41.5 |
| Accrued income tax payable | 55.2 | 57.9 |
| Other accrued expenses | 347.0 | 362.7 |
| Accrued expenses | $958.2 | $948.3 |
Paragraphs:
AMERICAN TOWER CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Tabular amounts in millions, unless otherwise disclosed)
8. ACCRUED EXPENSES
Accrued expenses consisted of the following:
Question:
What was the percentage change in accrued expenses between 2018 and 2019?
Answer: ($958.2-$948.3)/$948.3 = 1.04