Other Financial Data (Tables)

6 Months Ended

Jun. 30, 2018

Other income (expense) consists of the following (in millions):



	Three months ended June 30						Six months ended June 30
	2018			2017			2018			2017
Foreign currency remeasurement gain (loss)	$	29		$	(2	)	$	13		$	(12	)
Loss on disposal of business	—			—			(1		)	(2		)
Pension and other postretirement income (expense)	(7		)	9			(5		)	17
Equity earnings	1			3			2			9
Loss on financial instruments	(27		)	(6		)	(27		)	(10		)
Other	1			—			—			—
Total	$	(3	)	$	4		$	(18	)	$	2

Schedule of Allowance for Doubtful Accounts

An analysis of the allowance for doubtful accounts are as follows (in millions):



	Three months ended June 30						Six months ended June 30
	2018			2017			2018			2017
Balance at beginning of period	$	65		$	61		$	59		$	56
Provision charged to Other general expenses	3			5			11			11
Accounts written off, net of recoveries	(6		)	(7		)	(8		)	(10		)
Foreign currency translation and other	—			—			—			2
Balance at end of period	$	62		$	59		$	62		$	59

Schedule of Other Current Assets

The components of Other current assets are as follows (in millions):



As of	June 30, 2018		December 31, 2017
Taxes receivable	$	172	$	114
Prepaid expenses	120		126
Receivables from the Divested Business ⁽¹⁾	10		28
Assets held for sale ⁽²⁾	47		—
Cost to fulfill contracts with customers ⁽³⁾	216		—
Other	167		21
Total	$	732	$	289


(1)	Refer to Note 4 “Discontinued Operations” for further information.


(2)	Refer to Note 7 “Acquisitions and Dispositions of Businesses” for further information.


(3)	Refer to Note 3 “Revenue from Contracts with Customers” for further information.

Schedule of Other Non-current Assets

The components of Other non-current assets are as follows (in millions):



As of	June 30, 2018		December 31, 2017
Investments	$	54	$	57
Taxes receivable	77		84
Costs to obtain contracts with customers ⁽¹⁾	144		—
Other	129		166
Total	$	404	$	307


(1)	Refer to Note 3 “Revenue from Contracts with Customers” for further information.

Schedule of Other Current Liabilities

The components of Other current liabilities are as follows (in millions):



As of	June 30, 2018		December 31, 2017
Deferred revenue ⁽¹⁾	$	332	$	311
Taxes payable ⁽²⁾	25		139
Liabilities held for sale ⁽³⁾	41		—
Other	723		420
Total	$	1,121	$	870


(1)	During the three and six months ended June 30, 2018, $115 million and $215 million, respectively, were recognized in the Condensed Consolidated Statement of Income.


(2)	Includes a provisional estimate of $42 million for the current portion of the Transition Tax as of December 31, 2017. Refer to Note 11 “Income Taxes” for further information.


(3)	Refer to Note 7 “Acquisitions and Dispositions of Businesses” for further information.

Schedule of Other Non-current Liabilities

The components of Other non-current liabilities are as follows (in millions):



As of	June 30, 2018		December 31, 2017
Taxes payable ⁽¹⁾	$	535	$	529
Deferred revenue	60		49
Leases	152		153
Compensation and benefits	60		67
Other	281		304
Total	$	1,088	$	1,102

(1) Includes provisional estimates of $213 million and $222 million for the non-current portion of the Transition Tax as of June 30, 2018 and December 31, 2017, respectively. Refer to Note 11 “Income Taxes” for further information.