Content Manager Updates

Confused with what I see - please help.
When I look in the Content Manager I see many items that seem to need updating but I do not see how to do that.
When I look at one as an example and look at the Dependencies I am even more confused.

Am I missing something? Or do I need to do something that I have not yet done?

Regards,
Dane

Please use search next time, lots of topics about this.

These contents are prepared for the update coming next week, so nothing to do right now other than wait for the update