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Other Financial Information
12 Months Ended
Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Other Financial Information Other Financial Information
Other Current Assets

The following table presents details of other current assets reflected in our consolidated balance sheets:
 As of December 31,
 2023
2022(1)
 (Dollars in millions)
Prepaid expenses$395 319 
Income tax receivable273 — 
Materials, supplies and inventory209 236 
Contract assets19 20 
Contract acquisition costs107 123 
Contract fulfillment costs102 100 
Other14 
Total other current assets
$1,119 803 
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(1)Excludes $59 million of other current assets related to the EMEA business sold on November 1, 2023 that were classified as held for sale as of December 31, 2022.

Included in accounts payable at December 31, 2023 and 2022 were $274 million and $265 million, respectively, associated with capital expenditures.