Other Financial Data

3 Months Ended

Mar. 31, 2019

Other Financial Data [Abstract]

Other Financial Data

Other Financial Data

Condensed Consolidated Statements of Income Information

Other Income (Expense)

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

	Three Months Ended March 31
	2019			2018
Foreign currency remeasurement	$	(11	)	$	(16	)
Disposal of business	5			(1		)
Pension and other postretirement	4			2
Equity earnings	1			1
Financial instruments	1			—
Other	—			(1		)
Total	$	—		$	(15	)

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 March 31
	2019			2018
Balance at beginning of period	$	64		$	59
Provision charged to Other general expenses	8			8
Accounts written off, net of recoveries	(8		)	(3		)
Foreign currency translation and other	—			1
Balance at end of period	$	64		$	65

Other Current Assets

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

As of	March 31, 2019		December 31, 2018
Costs to fulfill contracts with customers (1)	$	236	$	329
Prepaid expenses	108		97
Taxes receivable	81		113
Other (2)	106		79
Total	$	531	$	618

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

(2) December 31, 2018 includes $12 million previously classified as “Receivables from the Divested Business”.

Other Non-Current Assets

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

As of	March 31, 2019		December 31, 2018
Costs to obtain contracts with customers (1)	$	155	$	156
Taxes receivable	99		100
Leases (2)	70		—
Investments	55		54
Other	130		138
Total	$	509	$	448

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

(2) Refer to Note 20 “Lease Commitments” for further information.

Other Current Liabilities

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

As of	March 31, 2019		December 31, 2018
Deferred revenue (1)	$	305	$	251
Leases (2)	241		—
Taxes payable	158		83
Other	516		602
Total	$	1,220	$	936

(1) During the Three Months Ended March 31, 2019, and twelve months ended December 31, 2018, $134 million and $487 million, respectively, was recognized in the Condensed Consolidated Statement of Income.

(2) Refer to Note 20 “Lease Commitments” for further information.

Other Non-Current Liabilities

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

As of	March 31, 2019		December 31, 2018
Taxes payable (1)	$	596	$	585
Leases	50		169
Deferred revenue	60		65
Compensation and benefits	44		56
Other	223		222
Total	$	973	$	1,097

(1) Includes $238 million and $240 million for the non-current portion of the Transition Tax as of March 31, 2019 and December 31, 2018, respectively.