Other Financial Data (Tables)

6 Months Ended

Jun. 30, 2022

Other Financial Data [Abstract]

Schedule of Other Income (Expense)

Other income (expense) consists of the following (in millions):

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Foreign currency remeasurement	$	27	$	(13)	$	(1)	$	(9)
Gain from sales of businesses	22		1		47		1
Equity earnings	3		3		4		4
Pension and other postretirement	(3)		8		(6)		14
Financial instruments and other	(19)		—		11		(13)
Total	$	30	$	(1)	$	55	$	(3)

Schedule of Allowance for Doubtful Accounts

Changes in the net carrying amount of allowance for doubtful accounts are as follows (in millions):

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Balance at beginning of period	$	93	$	101	$	90	$	98
Provision	4		21		10		27
Accounts written off, net of recoveries	(9)		(19)		(12)		(23)
Foreign currency translation and other	3		(1)		3		—
Balance at end of period	$	91	$	102	$	91	$	102

Schedule of Other Current Assets

The components of Other current assets are as follows (in millions):

As of	June 30, 2022		December 31, 2021
Costs to fulfill contracts with customers (1)	$	239	$	361
Prepaid expenses	140		137
Taxes receivable	68		53
Other	225		165
Total	$	672	$	716

(1)Refer to Note 3 “Revenue from Contracts with Customers” for further information.

Schedule of Other Non-current Assets

The components of Other non-current assets are as follows (in millions):

As of	June 30, 2022		December 31, 2021
Costs to obtain contracts with customers (1)	$	182	$	179
Taxes receivable	90		95
Investments	64		64
Leases	52		63
Other	115		111
Total	$	503	$	512

(1)Refer to Note 3 “Revenue from Contracts with Customers” for further information.

Schedule of Other Current Liabilities

The components of Other current liabilities are as follows (in millions):

As of	June 30, 2022		December 31, 2021
Deferred revenue (1)	$	327	$	321
Taxes payable	272		149
Leases	199		213
Other	948		648
Total	$	1,746	$	1,331

(1)During the three and six months ended June 30, 2022, revenue of $170 million and $373 million, respectively, was recognized in the Condensed Consolidated Statements of Income. During the three and six months ended June 30, 2021, revenue of $173 million and $344 million, respectively, was recognized in the Condensed Consolidated Statements of Income.

Schedule of Other Non-current Liabilities

The components of Other non-current liabilities are as follows (in millions):

As of	June 30, 2022		December 31, 2021
Taxes payable (1)	$	621	$	609
Compensation and benefits	62		58
Leases	37		46
Deferred revenue	33		70
Other	104		127
Total	$	857	$	910

(1)Includes $129 million and $145 million for the non-current portion of the one-time mandatory transition tax on accumulated foreign earnings as of June 30, 2022 and December 31, 2021, respectively.