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Other Financial Information
6 Months Ended
Jun. 30, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Financial Information Other Financial Information
Other Current Assets

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

June 30, 2024December 31, 2023
(Dollars in millions)
Prepaid expenses$417 395 
Income tax receivable21 273 
Materials, supplies and inventory184 209 
Contract assets15 19 
Contract acquisition costs104 107 
Contract fulfillment costs102 102 
Assets held for sale107 104 
Other21 14 
Total other current assets
$971 1,223 

Other Income (Expense), Net
Other income (expense), net reflects certain items not directly related to our core operations, including gains and losses from non-operating asset dispositions. For the three and six months ended June 30, 2024, Other income (expense), net included a gain on sale of investment of $205 million.