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ACCRUED LIABILITIES
6 Months Ended
Jun. 30, 2019
Accrued Liabilities Current [Abstract]  
ACCRUED LIABILITIES

NOTE 15—ACCRUED LIABILITIES

 

 

 

June 30, 2019

 

 

December 31, 2018

 

 

 

(In millions)

 

Accrued contract costs

 

$

705

 

 

$

796

 

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

 

 

134

 

 

 

148

 

Income taxes payable

 

 

-

 

 

 

69

 

Other accrued liabilities (2)

 

 

628

 

 

 

551

 

Accrued liabilities

 

$

1,467

 

 

$

1,564

 

 

(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.