Other Current Assets

9 Months Ended

Sep. 30, 2012

Other Current Assets [Abstract]

Other Current Assets

5. Other Current Assets

Other current assets consisted of:

(in $ millions)	September 30, 2012		December 31, 2011
Restricted cash of subsidiaries		121		16
Development advances		63		63
Sales and use tax receivables		57		49
Prepaid expenses		23		15
Assets held for sale		16		16
Derivative assets		6		2
Other		10		7
		296		168

Restricted cash of subsidiaries represents customer prepayments held in Company controlled bank accounts for a short period of time before being transferred to travel industry partners. A compensating balance is held in accrued expenses and other current liabilities as customer prepayments and represents the contractual requirement on the Company to distribute the funds to the receiving party.

Assets held for sale consisted of land and buildings expected to be sold within the next twelve months.