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Other Financial Data
 9 Months Ended
Sep. 30, 2020
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 September 30,Nine Months Ended September 30,
2020201920202019
Foreign currency remeasurement$(19)$17 $21 $17 
Financial instruments13 (20)(34)(32)
Pension and other postretirement4 3 10 12 
Equity earnings1 1 3 3 
Extinguishment of debt— — (7)— 
Disposal of businesses— 1 25 8 
Total
$(1)$2 $18 $8 
Condensed Consolidated Statements of Financial Position Information
Allowance for Doubtful Accounts
An analysis of the allowance for doubtful accounts is as follows (in millions):
Three Months Ended September 30,Nine Months Ended September 30,
2020 (1)
2019
2020 (1)
2019
Balance at beginning of period$84 $65 $70 $64 
Adoption of new accounting guidance (2)
— — 7 — 
Adjusted balance at beginning of period84 65 77 64 
Provision4 7 19 19 
Accounts written off, net of recoveries— (6)(11)(17)
Foreign currency translation and other1 1 4 1 
Balance at end of period$89 $67 $89 $67 
(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.
Other Current Assets
The components of Other current assets are as follows (in millions):
As ofSeptember 30,
2020		December 31,
2019
Costs to fulfill contracts with customers (1)
$220 $335 
Prepaid expenses116 97 
Taxes receivable131 88 
Other (2)
58 82 
Total$525 $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”.

Other Non-Current Assets
The components of Other non-current assets are as follows (in millions):
As of September 30,
2020		December 31,
2019
Costs to obtain contracts with customers (1)
$176 $171 
Taxes receivable94 102 
Leases95 100 
Investments59 53 
Other132 144 
Total$556 $570 
(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 ofSeptember 30,
2020		December 31,
2019
Deferred revenue (1)
$251 $270 
Taxes payable134 93 
Leases224 210 
Other632 513 
Total
$1,241 $1,086 
(1)During the three and nine months ended September 30, 2020, $69 million and $357 million was recognized in the Condensed Consolidated Statements of Income. During the three and nine months ended September 30, 2019, $144 million and $385 million was recognized in the Condensed Consolidated Statements of Income.
Other Non-Current Liabilities
The components of Other non-current liabilities are as follows (in millions):
As ofSeptember 30,
2020		December 31,
2019
Taxes payable (1)
$554 $525 
Leases72 76 
Deferred revenue67 62 
Compensation and benefits50 49 
Other145 165 
Total
$888 $877 
(1)Includes $145 million for the non-current portion of the one-time mandatory transition tax on accumulated foreign earnings as of September 30, 2020 and December 31, 2019.