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Other Financial Information
9 Months Ended
Sep. 30, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Financial Information
Note 12—Other Financial Information

Other Current Assets

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

September 30, 2024December 31, 2023
(Dollars in millions)
Prepaid expenses$357 395 
Income tax receivable16 273 
Materials, supplies and inventory173 209 
Contract assets13 19 
Contract acquisition costs101 107 
Contract fulfillment costs106 102 
Assets held for sale86 104 
Other19 14 
Total other current assets
$871 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 nine months ended September 30, 2024, Other income (expense), net included a gain on sale of investment of $205 million.