Air Bag dash light flashing

Just bought a new to me 1 owner 2002 Tundra with 120k miles. The only issue I've noticed so far is the air bag light flashing. Needing info on what this may indicate along with suggestions on how to correct?

 

If the horn and cruise control do not work as well, then you need to replace the clockspring. If only the airbag light is flashing, you will need to get someone to read the codes and get a better idea of what the issue may be. From my understanding, even if your issue is only the light, it still could be the clockspring needs replaced, but it may be a problem with the airbag itself. The codes should direct you in the right direction.

I had a similar issue. I replaced my clockspring and all is good now.

 

Horn and cruise both function fine. I'll try checking for codes.

 

Over a year ago my light came on. Scanner showed D squib circuit (clock spring) I removed the spring checked it for continuity, it checked out. I figured I would have to dig deeper so I put it back together. I cleared the code (again), light went off and has never come back on. My horn and cruise always worked.

 

Sometime just a reset will fix it like @sflips said