Note 17—Composition of Certain Financial Statement Captions



Balance Sheet	December 28, 2018		December 29, 2017
	(in millions)
Other current assets:
Transition costs and project assets⁽¹⁾⁽²⁾	$	145	$	87
Pre-contract costs	41		64
Other⁽⁴⁾	357		302
	$	543	$	453
Other assets:
Equity method investments⁽³⁾	$	26	$	37
Other⁽⁴⁾	156		217
	$	182	$	254
Accounts payable and accrued liabilities:
Accrued liabilities	$	650	$	747
Accounts payable	547		557
Deferred revenue	276		293
Other	3		42
	$	1,476	$	1,639
Accrued payroll and employee benefits:
Salaries, bonuses and amounts withheld from employees’ compensation	$	248	$	245
Accrued vacation	225		236
Other	—		6
	$	473	$	487

⁽¹⁾During the year ended December 28, 2018, the Company recognized $146 million of amortization related to its transition costs and project assets. The total balance of transition costs and project assets on the Company's consolidated balance sheets at December 28, 2018 and December 29, 2017, was $167 million and $100 million, respectively.

⁽²⁾As of December 29, 2017, the Company reclassified $28 million of "Prepaid expenses" to "Transition costs and project assets" for comparability purposes.

⁽³⁾Balances are net of $29 million and $30 million of dividends received during fiscal 2018 and fiscal 2017, respectively, that were recorded in cash flows provided by operating activities of continuing operations on the consolidated statements of cash flows.

⁽⁴⁾Balance represents items that are not individually significant to disclose separately.



	Year Ended
Income Statement	December 28, 2018			December 29, 2017			December 30, 2016
	(in millions)
Interest expense, net:
Interest expense	$	(145	)	$	(148	)	$	(96	)
Interest income	7			8			10
	$	(138	)	$	(140	)	$	(86	)
Other expense, net
Promissory note impairment	$	—		$	(33	)	$	—
Gain (loss) on foreign currencies	2			5			(18		)
Other (expense) income, net	(3		)	2			5
	$	(1	)	$	(26	)	$	(13	)