Note 6 - Other Liabilities

9 Months Ended

Sep. 30, 2023

Notes to Financial Statements

Other Liabilities Disclosure [Text Block]

6. Other Liabilities

Other liabilities consisted of the following (in millions):

	September 30,		December 31,
	2023		2022
Current liabilities:
Wages and employee benefits	$	505	$	727
Income taxes		125		127
Derivative instruments (Note 10)		150		174
Deferred revenue (Note 2)		185		144
Customer deposits (Note 2)		162		132
Share repurchase liability (Note 12)				506
Short-term operating leases		108		111
Other current liabilities		1,294		1,226
Other accrued liabilities	$	2,529	$	3,147
Non-current liabilities:
Defined benefit pension plan liabilities	$	685	$	668
Derivative instruments (Note 10)		65		17
Deferred revenue (Note 2)		669		725
Customer deposits (Note 2)		1,044		1,137
Deferred tax liabilities		201		243
Long-term operating leases		842		795
Other non-current liabilities		1,127		1,370
Other liabilities	$	4,633	$	4,955