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Other Financial Data (Tables)
 6 Months Ended
Jun. 30, 2020
Other Financial Data [Abstract]  
Schedule of Other Income (Expense)
Other income (expense) consists of the following (in millions):
Three Months Ended June 30,Six Months Ended June 30,
2020201920202019
Extinguishment of debt$(7) $—  $(7) $—  
Financial instruments(4) (13) (47) (12) 
Foreign currency remeasurement(2) 11  40  $—  
Pension and other postretirement2  5  6  $9  
Equity earnings1  1  2  $2  
Disposal of businesses—  2  25  $7  
Total
$(10) $6  $19  $6  
Schedule of Allowance for Doubtful Accounts
An analysis of the allowance for doubtful accounts is as follows (in millions):
Three Months Ended June 30,Six Months Ended June 30,
2020 (1)
2019
2020 (1)
2019
Balance at beginning of period$81  $64  $70  $64  
Adoption of new accounting guidance (2)
—  —  7  —  
Adjusted balance at beginning of period81  64  77  64  
Provision6  4  15  12  
Accounts written off, net of recoveries(3) (3) (11) (11) 
Foreign currency translation and other—  —  3  —  
Balance at end of period$84  $65  $84  $65  
(1)The Company’s estimate for allowance for credit losses with respect to receivables is based on a combination of factors, including evaluation of forward-looking information, historical write-offs, aging of balances, and other qualitative and quantitative analyses. Refer to Note 2 “Accounting Principles and Practices” for further information.
(2)The allowance for doubtful accounts resulted in a $7 million charge from the adoption of the new accounting standard on the measurement of credit losses on January 1, 2020. After tax impacts, this resulted in a $6 million decrease to Retained earnings. Refer to Note 2 “Accounting Principles and Practices” for further information.
Schedule of Other Current Assets
The components of Other current assets are as follows (in millions):
As ofJune 30,
2020		December 31,
2019
Costs to fulfill contracts with customers (1)
$193  $335  
Prepaid expenses133  97  
Taxes receivable83  88  
Other (2)
62  82  
Total$471  $602  
(1)Refer to Note 3 “Revenue from Contracts with Customers” for further information.
(2)December 31, 2019 includes $4 million previously classified as “Receivables from the Divested Business”.
Schedule of Other Non-current Assets
The components of Other non-current assets are as follows (in millions):
As of June 30,
2020		December 31,
2019
Costs to obtain contracts with customers (1)
$172  $171  
Taxes receivable100  102  
Leases101  100  
Investments51  53  
Other124  144  
Total$548  $570  
(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 ofJune 30,
2020		December 31,
2019
Deferred revenue (1)
$294  $270  
Taxes payable242  93  
Leases216  210  
Other567  513  
Total
$1,319  $1,086  
(1)During the three and six months ended June 30, 2020, $171 million and $288 million was recognized in the Condensed Consolidated Statement of Income. During the three and six months ended June 30, 2019, $95 million and $241 million was recognized in the Consolidated Statement of Income.
Schedule of Other Non-current Liabilities
The components of Other non-current liabilities are as follows (in millions):
As ofJune 30,
2020		December 31,
2019
Taxes payable (1)
$548  $525  
Leases78  76  
Deferred revenue69  62  
Compensation and benefits47  49  
Other158  165  
Total
$900  $877  
(1)Includes $145 million for the non-current portion of the one-time mandatory transition tax on accumulated foreign earnings as of June 30, 2020 and December 31, 2019.