Other Financial Data (Tables)

3 Months Ended

Mar. 31, 2023

Other Financial Data [Abstract]

Schedule of Other Income (Expense)

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

	Three Months Ended March 31,
	2023		2022
Foreign currency remeasurement	$	(19)	$	(28)
Pension and other postretirement	(17)		(3)
Gain from sales of businesses	—		25
Equity earnings	3		1
Financial instruments and other	8		30
Total	$	(25)	$	25

Schedule of Allowance for Doubtful Accounts

Changes in the net carrying amount of allowance for doubtful accounts are as follows (in millions):

	Three Months Ended March 31,
	2023		2022
Balance at beginning of period	$	76	$	90
Provision	7		6
Accounts written off, net of recoveries	—		(3)
Balance at end of period	$	83	$	93

Schedule of Other Current Assets

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

As of	March 31, 2023		December 31, 2022
Costs to fulfill contracts with customers (1)	$	257	$	355
Prepaid expenses	143		109
Taxes receivable	35		74
Other	76		108
Total	$	511	$	646

(1)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	March 31, 2023		December 31, 2022
Costs to obtain contracts with customers (1)	$	183	$	185
Taxes receivable	107		109
Investments	63		60
Leases	39		43
Other	115		112
Total	$	507	$	509

(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	March 31, 2023		December 31, 2022
Deferred revenue (1)	$	337	$	250
Taxes payable	245		193
Leases	182		186
Other	746		718
Total	$	1,510	$	1,347

(1)During the three months ended March 31, 2023, revenue of $167 million was recognized in the Condensed Consolidated Statements of Income. During the three months ended March 31, 2022, revenue of $203 million was recognized in the Condensed Consolidated Statements of Income.

Schedule of Other Non-current Liabilities

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

As of	March 31, 2023		December 31, 2022
Taxes payable (1)	$	835	$	795
Compensation and benefits	66		69
Deferred revenue	42		37
Leases	24		28
Other	96		95
Total	$	1,063	$	1,024

(1)Includes $129 million for the non-current portion of the one-time mandatory transition tax on accumulated foreign earnings as of March 31, 2023 and December 31, 2022, respectively.