Cisco 7600 with Total output drops on an interface

interface G1/1
  Input queue: 0/2000/0/0 (size/max/drops/flushes); Total output drops: 6469513


Diagnose:
show counters interface GigabitEthernet 1/1  | inc Dis
 8.                       ifInDiscards = 0
10.                      ifOutDiscards = 116890291
11.            txDelayExceededDiscards = 0
23.                         InDiscards = 0
24.                        OutDiscards = 116890273
48.              DelayExceededDiscards = 0


https://fasterdata.es.net/network-tuning/router-tuning/cisco/


interface G1/1
  hold-queue 4096 out
  hold-queue 1024 in