Other Financial Information

6 Months Ended

Jun. 30, 2026

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Note 12—Other Financial Information

Other Current Assets, Net

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


	June 30, 2026		December 31, 2025
	(Dollars in millions)
Prepaid expenses	$	437	404
Income tax receivable	13		468
Materials, supplies and inventory	122		165
Contract assets	16		18
Contract acquisition costs	83		98
Contract fulfillment costs	148		136
Other	37		18
Total other current assets, net(1)	$	856	1,307

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(1) As of December 31, 2025, this amount excludes $30 million of other current assets associated with the disposal group classified as held for sale.

Current Liabilities

Included in accounts payable as of June 30, 2026 and December 31, 2025 were $282 million and $463 million, respectively, associated with capital expenditures.