Other Financial Data Condensed Consolidated Statements of Income Information Other Income (Expense) Other income (expense) consists of the following (in millions): | | | | | | | | | | | | | | | | | | Three months ended September 30 | | Nine months ended September 30 | | 2018 | | 2017 | | 2018 | | 2017 | Foreign currency remeasurement gain (loss) | $ | 3 |
| | $ | (20 | ) | | $ | 16 |
| | $ | (32 | ) | Gain (loss) on disposal of business | (3 | ) | | — |
| | (4 | ) | | (2 | ) | Pension and other postretirement income (expense) | — |
| | 9 |
| | (5 | ) | | 26 |
| Equity earnings | 1 |
| | 2 |
| | 3 |
| | 11 |
| Gain (loss) on financial instruments | — |
| | 16 |
| | (27 | ) | | 6 |
| Other | — |
| | (3 | ) | | — |
| | (3 | ) | Total | $ | 1 |
| | $ | 4 |
| | $ | (17 | ) | | $ | 6 |
|
Condensed Consolidated Statements of Financial Position Information Allowance for Doubtful Accounts An analysis of the allowance for doubtful accounts are as follows (in millions): | | | | | | | | | | | | | | | | | | Three months ended September 30 | | Nine months ended September 30 | | 2018 | | 2017 | | 2018 | | 2017 | Balance at beginning of period | $ | 62 |
| | $ | 59 |
| | $ | 59 |
| | $ | 56 |
| Provision charged to Other general expenses | 9 |
| | 5 |
| | 21 |
| | 16 |
| Accounts written off, net of recoveries | (8 | ) | | — |
| | (17 | ) | | (10 | ) | Foreign currency translation and other | 3 |
| | (5 | ) | | 3 |
| | (3 | ) | Balance at end of period | $ | 66 |
| | $ | 59 |
| | $ | 66 |
| | $ | 59 |
|
Other Current Assets The components of Other current assets are as follows (in millions): | | | | | | | | | As of | September 30, 2018 | | December 31, 2017 | Costs to fulfill contracts with customers (1) | $ | 248 |
| | $ | — |
| Taxes receivable | 196 |
| | 114 |
| Prepaid expenses | 109 |
| | 126 |
| Receivables from the Divested Business (2) | 11 |
| | 28 |
| Other | 163 |
| | 21 |
| Total | $ | 727 |
| | $ | 289 |
|
| | (1) | Refer to Note 3 “Revenue from Contracts with Customers” for further information. |
| | (2) | Refer to Note 4 “Discontinued Operations” for further information. |
Other Non-Current Assets The components of Other non-current assets are as follows (in millions): | | | | | | | | | As of | September 30, 2018 | | December 31, 2017 | Costs to obtain contracts with customers (1) | $ | 150 |
| | $ | — |
| Investments | 52 |
| | 57 |
| Taxes receivable | 75 |
| | 84 |
| Other | 157 |
| | 166 |
| Total | $ | 434 |
| | $ | 307 |
|
| | (1) | Refer to Note 3 “Revenue from Contracts with Customers” for further information. |
Other Current Liabilities The components of Other current liabilities are as follows (in millions): | | | | | | | | | As of | September 30, 2018 | | December 31, 2017 | Deferred revenue (1) | $ | 266 |
| | $ | 311 |
| Taxes payable (2) | 16 |
| | 139 |
| Other | 706 |
| | 420 |
| Total | $ | 988 |
| | $ | 870 |
|
| | (1) | During the three and nine months ended September 30, 2018, $133 million and $348 million, respectively, were recognized in the Condensed Consolidated Statements 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. |
Other Non-Current Liabilities The components of Other non-current liabilities are as follows (in millions): | | | | | | | | | As of | September 30, 2018 | | December 31, 2017 | Taxes payable (1) | $ | 563 |
| | $ | 529 |
| Deferred revenue | 52 |
| | 49 |
| Leases | 157 |
| | 153 |
| Compensation and benefits | 60 |
| | 67 |
| Other | 258 |
| | 304 |
| Total | $ | 1,090 |
| | $ | 1,102 |
|
(1) Includes provisional estimates of $235 million and $222 million for the non-current portion of the Transition Tax as of September 30, 2018 and December 31, 2017, respectively. Refer to Note 11 “Income Taxes” for further information.
|