Note 7 - Other Liabilities

9 Months Ended

Sep. 30, 2024

Notes to Financial Statements

Other Liabilities Disclosure [Text Block]

7. Other Liabilities

Other liabilities consisted of the following (in millions):

	September 30,		December 31,
	2024		2023
Current liabilities:
Wages and employee benefits	$	712	$	609
Income taxes		80		69
Derivative instruments (Note 12)		102		66
Deferred revenue (Note 3)		205		181
Customer deposits (Note 3)		179		148
Short-term operating leases		93		112
Other current liabilities		1,366		1,348
Other accrued liabilities	$	2,737	$	2,533
Non-current liabilities:
Defined benefit pension plan liabilities	$	719	$	721
Derivative instruments (Note 12)		136		31
Deferred revenue (Note 3)		678		679
Customer deposits (Note 3)		1,009		1,083
Deferred tax liabilities		204		218
Long-term operating leases		840		846
Other non-current liabilities		1,202		1,131
Other liabilities	$	4,788	$	4,709