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Other Financial Statements Items
12 Months Ended
Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Other Financial Statements Items Other Financial Statements Items
Loss from assets held for sale
In connection with the 2018 sale of our gas trading and storage businesses, we recorded a loss from held for sale measurement of $16 million and $642 million, respectively, for the years ended December 31, 2018 and 2017, which is included in “Loss from assets held for sale” in our consolidated statements of income.
Other income (expense)
Other income (expense) for the years ended December 31, 2019, 2018 and 2017 consisted of:
Years ended December 31,
 
2019
 
2018
 
2017
(Millions)
 
 
 
 
 
 
Gain on sale of assets (a)
 
$
148

 
$
10

 
$

Allowance for funds used during construction
 
46

 
30

 
36

Carrying costs on regulatory assets
 
21

 
21

 
11

Non-service component of net periodic benefit cost
 
(79
)
 
(128
)
 
(120
)
Other
 
(17
)
 
1

 
11

Total Other Income (Expense)
 
$
119

 
$
(66
)
 
$
(62
)

(a) 2019 includes a $134 million gain from the sale of 50% of our interest in the Poseidon projects, and 2018 includes a $10 million gain from the sale of our interest in Coyote Ridge (see Note 22).
Accounts Receivable
Accounts receivable as of December 31, 2019 and 2018 consisted of:
As of December 31,
 
2019
 
2018
(Millions)
 
 
 
 
Trade receivables
 
$
1,151

 
$
1,204

Allowance for bad debts
 
(69
)
 
(62
)
Total Accounts Receivable
 
$
1,082

 
$
1,142


The allowance for bad debts relates entirely to gas and electricity consumers and comprises an amount that has been reserved following historical averages of loss percentages.
The change in the allowance for bad debts as of December 31, 2019 and 2018 consisted of:
(Millions)
 
 
As of December 31, 2016
 
$
64

Current period provision
 
69

Write-off as uncollectible
 
(69
)
As of December 31, 2017
 
$
64

Current period provision
 
74

Write-off as uncollectible
 
(76
)
As of December 31, 2018
 
$
62

Current period provision
 
92

Write-off as uncollectible
 
(85
)
As of December 31, 2019
 
$
69


DPA receivable balances were $65 million and $62 million as of December 31, 2019 and 2018, respectively.
Prepayments and Other Current Assets
Prepayments and other current assets as of December 31, 2019 and 2018 consisted of:
As of December 31,
 
2019
 
2018
(Millions)
 
 
 
 
Prepaid other taxes
 
$
123

 
$
137

Broker margin and collateral accounts
 
33

 
37

Other pledged deposits
 
3

 
6

Prepaid expenses
 
34

 
43

Other
 
6

 
6

Total
 
$
199

 
$
229


Other current liabilities
Other current liabilities as of December 31, 2019 and 2018 consisted of:
As of December 31,
 
2019
 
2018
(Millions)
 
 
 
 
Advances received
 
$
140

 
$
129

Accrued salaries
 
89

 
81

Short-term environmental provisions
 
40

 
60

Collateral deposits received
 
44

 
42

Pension and other postretirement
 
5

 
5

Finance leases
 
9

 

Other
 
7

 
10

Total
 
$
334

 
$
327