Other Financial Information

Other Current Assets

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



	As of September 30, 2016		As of December 31, 2015
	(Dollars in millions)
Prepaid expenses	$	271	238
Materials, supplies and inventory	136		144
Assets held for sale	1		8
Deferred activation and installation charges	111		105
Other	112		86
Total other current assets	$	631	581

Selected Current Liabilities

Current liabilities reflected in our consolidated balance sheets include accounts payable and other current liabilities as follows:



	As of September 30, 2016		As of December 31, 2015
	(Dollars in millions)
Accounts payable	$	1,036	968
Other current liabilities:
Accrued rent	$	29	32
Legal contingencies	46		20
Other	180		168
Total other current liabilities	$	255	220

Included in accounts payable at September 30, 2016 and December 31, 2015, were (i) $59 million and $68 million, respectively, representing book overdrafts and (ii) $110 million and $94 million, respectively, associated with capital expenditures.

Other Information

During the nine months ended September 30, 2016, we made three small acquisitions for total consideration of $24 million, including immaterial future cash payments, of which substantially all of the $24 million has initially been attributed to goodwill. These acquisitions were consummated to expand the product offerings of our business segment and therefore the goodwill has been assigned to that segment. The majority of the goodwill is attributed primarily to expected future increases in business segment revenue from the sale of new products. The majority of the goodwill from these acquisitions is expected to be deductible for tax purposes.