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Other liabilities (Tables)
6 Months Ended
Jun. 30, 2024
Payables and Accruals [Abstract]  
Schedule of Accounts Payable and Accrued Liabilities
As at June 30, 2024 and December 31, 2023, other liabilities included the following:

(In $ millions)As of June 30, 2024As of December 31, 2023
Uncertain tax provisions174 170 
Accrued expenses
122 117
Contract liabilities71 64
Unfavorable drilling contracts34 52
Employee withheld taxes, social security and vacation payments40 54
Taxes payable26 33
Accrued interest expense21 21
Other liabilities52 54 
Total other liabilities540 565 
Other liabilities are presented in our Consolidated Balance Sheet as follows:
(In $ millions)As of June 30, 2024As of December 31, 2023
Other current liabilities324 336 
Other non-current liabilities216 229 
Total other liabilities540 565 
Movement in Unfavorable Drilling Contracts
The following table summarizes the movement in unfavorable drilling contracts and management services contracts for the six months ended June 30, 2024:
 (In $ millions)
Carrying amount
As at January 1, 202452 
Amortization(11)
As at March 31, 202441 
Amortization(7)
As at June 30, 202434 
Amounts Relating To Unfavorable Contracts That Is Expected To Be Amortized The table below shows the amounts relating to unfavorable contracts that is expected to be amortized over the following periods:
Period ended December 31
(In $ millions)Remainder of 202420252026Total
Amortization of unfavorable contracts12 19 34