Other Financial Information

9 Months Ended

Sep. 30, 2015

Additional Financial Information Disclosure [Abstract]

Other Financial Information

Other Current Assets

The following table presents details of other current assets in our consolidated balance sheets:



	As of September 30, 2015		As of December 31, 2014
	(Dollars in millions)
Prepaid expenses	$	273	260
Materials, supplies and inventory	136		132
Assets held for sale	9		14
Deferred activation and installation charges	105		103
Other	71		71
Total other current assets	$	594	580

During the nine months ended September 30, 2015, we recorded impairment charges of $9 million in connection with negotiations involving several office buildings, which we either sold in the past nine months or expect to sell within the next twelve months.

Selected Current Liabilities

The following table presents current liabilities reflected in our consolidated balance sheets, which include accounts payable and other current liabilities:



	As of September 30, 2015		As of December 31, 2014
	(Dollars in millions)
Accounts payable	$	1,087	1,226
Other current liabilities:
Accrued rent	$	29	34
Legal contingencies	24		27
Other	215		149
Total other current liabilities	$	268	210

Included in accounts payable at September 30, 2015 and December 31, 2014, were $55 million and $80 million, respectively, representing book overdrafts and $130 million and $185 million, respectively, associated with capital expenditures.