Supplementary Information for Certain Balance Sheet Accounts

12 Months Ended

Dec. 31, 2023

Note 16 — Supplementary Information for Certain Balance Sheet Accounts

Additional details of specific balance sheet accounts are detailed below.

Prepaid and other current assets consist of the following:


	December 31, 2023		December 31, 2022
Prepayments and accrued income	$	123	$	132
Deferred contract costs		76		71
Derivatives and investments		4		43
Deferred compensation plan assets		16		16
Corporate income and other taxes		87		89
Acquired renewal commissions receivable		5		9
Other current assets		53		54
Total prepaid and other current assets	$	364	$	414

Other non-current assets consist of the following:


	December 31, 2023		December 31, 2022
Prepayments and accrued income	$	9	$	10
Deferred contract costs		142		126
Deferred compensation plan assets		89		74
Deferred tax assets		86		68
Accounts receivable, net		19		9
Acquired renewal commissions receivable		23		29
Long-term note receivable		74		68
Other investments		88		90
Insurance recovery receivables		85		80
Non-current contract assets		909		745
Other non-current assets		49		58
Total other non-current assets	$	1,573	$	1,357

Deferred revenue and accrued expenses consist of the following:


	December 31, 2023		December 31, 2022
Accounts payable, accrued liabilities and deferred income	$	1,073	$	975
Accrued discretionary and incentive compensation		795		708
Accrued vacation		150		142
Other employee-related liabilities		86		90
Total deferred revenue and accrued expenses	$	2,104	$	1,915

Other current liabilities consist of the following:


	December 31, 2023		December 31, 2022
Dividends payable	$	103	$	102
Income taxes payable		50		83
Interest payable		50		49
Deferred compensation plan liabilities		16		14
Contingent and deferred consideration on acquisitions		7		17
Accrued retirement benefits		31		32
Payroll and other benefits-related liabilities (i)		166		157
Other taxes payable (i)		78		65
Derivatives		1		4
Third-party commissions		106		124
Other current liabilities (i)		70		69
Total other current liabilities	$	678	$	716

(i)

Certain amounts have been reclassified from the prior year to conform to the current year presentation.

Provision for liabilities consists of the following:


	December 31, 2023		December 31, 2022
Claims, lawsuits and other proceedings	$	306	$	296
Other provisions		59		61
Total provision for liabilities	$	365	$	357

Other non-current liabilities consist of the following:


	December 31, 2023		December 31, 2022
Deferred and long-term compensation plan liabilities (i)	$	97	$	113
Contingent and deferred consideration on acquisitions		27		29
Liabilities for uncertain tax positions		42		40
Finance leases		7		12
Other non-current liabilities (i)		65		27
Total other non-current liabilities	$	238	$	221

(i)

Certain amounts have been reclassified from the prior year to conform to the current year presentation.