Other Financial Information

Other Current Assets

The following table presents details of other current assets in our consolidated balance sheets:



	As of June 30, 2016		As of December 31, 2015
	(Dollars in millions)
Prepaid expenses	$	285	238
Materials, supplies and inventory	138		144
Assets held for sale	6		8
Deferred activation and installation charges	108		105
Other	91		86
Total other current assets	$	628	581

Selected Current Liabilities

Current liabilities reflected in our consolidated balance sheets include accounts payable and other current liabilities as follows:



	As of June 30, 2016		As of December 31, 2015
	(Dollars in millions)
Accounts payable	$	1,067	968
Other current liabilities:
Accrued rent	$	30	32
Legal contingencies	36		20
Other	206		168
Total other current liabilities	$	272	220

Included in accounts payable at June 30, 2016 and December 31, 2015, were (i) $46 million and $68 million, respectively, representing book overdrafts and (ii) $119 million and $94 million, respectively, associated with capital expenditures.

Other Information

During the six months ended June 30, 2016, we made three small acquisitions for total consideration of $24 million, including immaterial future cash payments, of which substantially all of the $24 million has initially been attributed to goodwill. These acquisitions were consummated to expand the product offerings of our business segment and therefore the goodwill has been assigned to that segment. The majority of the goodwill is attributed primarily to expected future increases in business segment revenue from the sale of new products. An immaterial portion of the goodwill may be deductible for tax purposes.