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Other Financial Information
12 Months Ended
Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Other Financial Information Other Financial Information
Other Current Assets

The following table presents details of other current assets reflected in our consolidated balance sheets:
 As of December 31,
 20222021
 (Dollars in millions)
Prepaid expenses$319 295 
Income tax receivable— 22 
Materials, supplies and inventory236 96 
Contract assets20 45 
Contract acquisition costs123 142 
Contract fulfillment costs100 106 
Note receivable— 56 
Receivable for sale of land— 56 
Other11 
Total other current assets(1)
$803 829 
______________________________________________________________________
(1)Excludes $59 million of other current assets related to the EMEA business that were classified as held for sale as of December 31, 2022. Excludes $126 million of other current assets related to the Latin American and ILEC businesses sold on August 1, 2022 and October 3, 2022, respectively, that were classified as held for sale as of December 31, 2021.

Included in accounts payable at December 31, 2022 and 2021 were $265 million and $248 million, respectively, associated with capital expenditures.