7. Additional financial information Other current assets were: | | | | | | | | | | | | | | | | June 30 | December 31 | June 30 | | in $ millions | 2025 | 2024 | 2024 | | Prepayments | 451 | 303 | 343 | | | | | | | Income tax recoverable | 214 | 216 | 140 | | Other | 69 | 230 | 221 | | Total other current assets | 734 | 749 | 704 | |
Accrued expenses were: | | | | | | | | | | | | | | | | June 30 | December 31 | June 30 | | in $ millions | 2025 | 2024 | 2024 | | Accrued payroll and employee benefits | 962 | 1,062 | 966 | | Other accruals | 1,304 | 1,186 | 1,306 | | Total accrued expenses | 2,266 | 2,248 | 2,272 | |
Other current liabilities were: | | | | | | | | | | | | | | | | June 30 | December 31 | June 30 | | in $ millions | 2025 | 2024 | 2024 | | | | | | | Construction contract liabilities | 396 | | 500 | | 448 | | | Insurance liability | 184 | | 185 | | 162 | | | Income tax payable | 58 | | 97 | | 26 | | | | | | | | Other | 1,059 | | 795 | | 786 | | | Total other current liabilities | 1,697 | | 1,577 | | 1,422 | | |
Other noncurrent liabilities were: | | | | | | | | | | | | | June 30 | December 31 | June 30 | in $ millions | 2025 | 2024 | 2024 | Income tax payable | 873 | | 726 | | 712 | | Asset retirement obligations | 348 | | 319 | | 290 | | Pension liability | 238 | | 223 | | 250 | | Insurance liability | 297 | | 269 | | 259 | | | | | | Other | 974 | | 782 | | 667 | | Total other noncurrent liabilities | 2,730 | | 2,319 | | 2,178 | |
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