Balance Sheet Components

12 Months Ended

Dec. 31, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

6. Balance Sheet Components

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consist of the following (in thousands):


	December 31,
	2020		2019
Prepaid Expenses	$	77,232	$	77,326
Value added tax receivable	30,782		39,381
Other	24,958		22,504
Prepaid expenses and other current assets	$	132,972	$	139,211

Property and Equipment, Net

Property and equipment, net consists of the following (in thousands):


	December 31,
	2020		2019
Buildings and leasehold improvements	$	37,766	$	163,881
Furniture, fixtures and equipment	38,290		38,878
Computer equipment	391,126		397,454
Software developed for internal use	1,891,718		1,857,353
Property and equipment	2,358,900		2,457,566
Accumulated depreciation and amortization	(1,995,409)		(1,815,844)
Property and equipment, net	$	363,491	$	641,722

Other Assets, Net

Other assets, net consist of the following (in thousands):


	December 31,
	2020		2019
Capitalized implementation costs, net	$	145,712	$	175,966
Deferred upfront incentive consideration	127,104		151,606
Long-term contract assets and customer advances and discounts(1)	86,610		105,461
Right-of-Use asset(2)	125,110		64,191
Long-term trade unbilled receivables(1)	38,156		38,250
Other	107,076		134,631
Other assets, net	$	629,768	$	670,105

________________________________

(1) Refer to Note 2. Revenue from Contracts with Customers for additional information.

(2) Refer to Note 12. Leases, for additional information.

Other Noncurrent Liabilities

Other noncurrent liabilities consist of the following (in thousands):


	December 31,
	2020		2019

Pension and other postretirement benefits	$	127,841	$	127,837
Deferred revenue	69,934		74,646
Lease liabilities(1)	97,403		49,970

Other	85,443		95,069
Other noncurrent liabilities	$	380,621	$	347,522

___________________________

(1) Refer to Note 12. Leases, for additional information.

Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss consists of the following (in thousands):


	December 31,
	2020		2019
Defined benefit pension and other postretirement benefit plans	$	(135,596)	$	(143,389)
Unrealized foreign currency translation gain	12,476		4,289
Unrealized loss on foreign currency forward contracts, interest rate swaps and available-for-sale securities	(12,837)		(10,206)
Total accumulated other comprehensive loss, net of tax	$	(135,957)	$	(149,306)

The amortization of actuarial losses and periodic service credits associated with our retirement-related benefit plans is included in Other, net. See Note 10. Derivatives, for information on the income statement line items affected as the result of reclassification adjustments associated with derivatives.