Other Current Assets

12 Months Ended

Dec. 31, 2012

Other Current Assets [Abstract]

Other Current Assets

6.    Other Current Assets

Other current assets consisted of:

(in $ millions)	December 31, 2012		December 31, 2011
Development advances		68		63
Restricted cash of subsidiaries		56		16
Sales and use tax receivables		48		49
Assets held for sale		16		16
Prepaid expenses		15		15
Derivative assets		10		2
Other		7		7
		220		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.