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Other Financial Data
 9 Months Ended
Sep. 30, 2024
Other Financial Data [Abstract]  
Other Financial Data Other Financial Data
Condensed Consolidated Statements of Income Information
Other Income (Expense)
Other income (expense) consists of the following (in millions):
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Gain from sales of businesses$76 $— $333 $— 
Equity earnings2 2 5 4 
Extinguishment of debt(1)— (7)— 
Pension and other postretirement(14)(18)(35)(78)
Foreign currency remeasurement(30)8 (21)(48)
Financial instruments and other (1)
2 (13)71 17 
Total
$35 $(21)$346 $(105)
(1)During the three and nine months ended September 30, 2024, a $2 million and $84 million gain was recognized, respectively, related to deferred consideration from the affiliates of The Blackstone Group L.P. and the other designated purchasers related to a divestiture completed in a prior year period. Refer to Note 7 “Acquisitions and Dispositions of Businesses” for additional information.
Condensed Consolidated Statements of Financial Position Information
Allowance for Doubtful Accounts
Changes in the net carrying amount of allowance for doubtful accounts are as follows (in millions):
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Balance at beginning of period$87 $83 $79 $76 
Provision2 3 13 12 
Accounts written off, net of recoveries(6)(2)(8)(5)
Foreign currency translation and other2 (2)1 (1)
Balance at end of period$85 $82 $85 $82 
Other Current Assets
The components of Other current assets are as follows (in millions):
As ofSeptember 30,
2024		December 31,
2023
Costs to fulfill contracts with customers (1)
302 370 
Prepaid expenses172 100 
Taxes receivable77 35 
Assets held for sale— 354 
Other203 137 
Total$754 $996 
(1)Refer to Note 3 “Revenue from Contracts with Customers” for further information.
Other Non-Current Assets
The components of Other non-current assets are as follows (in millions):
As of September 30,
2024		December 31,
2023
Costs to obtain contracts with customers (1)
$202 $195 
Taxes receivable89 100 
Investments87 45 
Leases13 26 
Other194 140 
Total$585 $506 
(1)Refer to Note 3 “Revenue from Contracts with Customers” for further information.
Other Current Liabilities
The components of Other current liabilities are as follows (in millions):
As ofSeptember 30,
2024		December 31,
2023
Deferred revenue (1)
$312 $270 
Leases199 182 
Taxes payable186 291 
Contingent consideration111 — 
Liabilities held for sale— 69 
Other1,106 1,066 
Total
$1,914 $1,878 
(1)During the three and nine months ended September 30, 2024, revenue of $240 million and $618 million, respectively, was recognized in the Condensed Consolidated Statements of Income. During the three and nine months ended September 30, 2023, revenue of $158 million and $494 million, respectively, was recognized in the Condensed Consolidated Statements of Income.
Other Non-Current Liabilities
The components of Other non-current liabilities are as follows (in millions):
As ofSeptember 30,
2024		December 31,
2023
Taxes payable (1)
$872 $827 
Contingent consideration135 — 
Compensation and benefits70 59 
Deferred revenue32 33 
Leases— 10 
Other69 145 
Total
$1,178 $1,074 
(1)Includes $72 million for the non-current portion of the one-time mandatory transition tax on accumulated foreign earnings as of December 31, 2023.