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OTHER INFORMATION | 3 Months Ended
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Mar. 31, 2020
OTHER INFORMATION |
OTHER INFORMATION | OTHER INFORMATION Restricted cash — Cash at March 31, 2020 included $10 million which was restricted under agreements to fund operating expenses at one of our joint ventures, fund a carbon capture feasibility study and hold for distributions to a joint venture (JV) partner. Cash at December 31, 2019 included $3 million, which was restricted for distributions to a JV partner. Other current assets, net — Other current assets, net as of March 31, 2020 and December 31, 2019 consisted of the following:
| March 31, |  | December 31,
| 2020 |  | 2019
| (in millions)
Net amounts due from joint interest partners(a) | $ | 51 |  |  | $ | 70 |
Derivative assets(b) | 15 |  |  | 39 |
Prepaid expenses | 18 |  |  | 19 |
Other | — |  |  | 2 |
Other current assets, net | $ | 84 |  |  | $ | 130 |
(a) | Both March 31, 2020 and December 31, 2019 balances include $19 million in an allowance for credit losses against the receivables from our joint interest partners.
(b) | Derivative assets at March 31, 2020 include only commodity contracts held by the Benefit Street Partners joint venture (BSP JV). Derivative assets at December 31, 2019 included commodity contracts for our hedge positions and those held by the BSP JV.
Accrued liabilities — Accrued liabilities as of March 31, 2020 and December 31, 2019 consisted of the following:
| March 31, |  | December 31,
| 2020 |  | 2019
| (in millions)
Accrued employee-related costs | $ | 63 |  |  | $ | 116 |
Accrued taxes other than on income | 64 |  |  | 57 |
Accrued interest | 65 |  |  | 13 |
Lease liability | 19 |  |  | 28 |
Asset retirement obligation | 28 |  |  | 28 |
Other | 21 |  |  | 71 |
Accrued liabilities | $ | 260 |  |  | $ | 313 |
Other long-term liabilities — Other long-term liabilities included asset retirement obligations of $495 million and $489 million at March 31, 2020 and December 31, 2019, respectively. The remainder of the balance for each year consisted primarily of postretirement and pension benefit obligations, liabilities related to stock-based and deferred compensation arrangement and lease liabilities. Supplemental Cash Flow Information We did no t make U.S. federal and state income tax payments during the three months ended March 31, 2020 and 2019. Interest paid, net of capitalized amounts, totaled $45 million and $69 million for the three months ended March 31, 2020 and 2019, respectively. Fair Value of Financial Instruments The carrying amounts of cash and other on-balance sheet financial instruments, other than debt, approximate fair value.

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