SUPPLEMENTAL FINANCIAL INFORMATION - Prepaid Expenses and Other (Details) - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Prepaid expenses and other
Prepaid value added taxes	$ 163	$ 140
Prepaid income taxes	183	164
Other	342	315
Prepaid expenses and other current assets	$ 688	$ 619

Amount of current assets classified as other.

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Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer.

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Amount of asset related to consideration paid in advance for income and other taxes that provide economic benefits within a future period of one year or the normal operating cycle, if longer.

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- Definition

Carrying amount as of the balance sheet date of value added taxes due either from customers arising from sales on credit terms, or as previously overpaid to tax authorities. For classified balance sheets, represents the current amount receivable, that is amounts expected to be collected within one year or the normal operating cycle, if longer.

+ References

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