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ACCRUED LIABILITIES (Tables)
9 Months Ended
Sep. 30, 2018
Accrued Liabilities Current [Abstract]  
Summary of Accrued Liabilities

 

 

 

September 30, 2018

 

 

December 31, 2017

 

 

 

(In millions)

 

Accrued contract costs

 

$

716

 

 

$

141

 

Advances from equity method and proportionally consolidated joint ventures and consortiums (1)

 

 

147

 

 

 

-

 

Income taxes payable

 

 

143

 

 

 

35

 

Other accrued liabilities (2)

 

 

573

 

 

 

196

 

Accrued liabilities

 

$

1,579

 

 

$

372

 

 

 

(1)

Represents advances from the joint ventures and consortiums in which we participate. See Note 10, Joint Venture and Consortium Arrangements for further discussion.

 

(2)

Represents various accruals that are each individually less than 5% of total current liabilities.