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CURRENT AND LONG-TERM RECEIVABLES
9 Months Ended
Sep. 30, 2025
Receivables [Abstract]  
CURRENT AND LONG-TERM RECEIVABLES CURRENT AND LONG-TERM RECEIVABLES
CURRENT RECEIVABLESSeptember 30, 2025December 31, 2024
Customer receivables$8,507 $7,385 
Revenue sharing and other partner receivables(a)1,099 1,113 
Non-income based tax receivables148 128 
Supplier advances730 546 
Receivables from disposed businesses56 99 
Other sundry receivables218 162 
Allowance for credit losses(86)(106)
Total current receivables$10,671 $9,327 
(a) Revenue sharing and other partner receivables are primarily amounts due from revenue sharing partners who participate in engine programs by developing and supplying certain engine components through the life of the program or other partners who support our production or aftermarket activities. The revenue sharing partners share in program revenue, receive a share of customer progress payments and share costs related to discounts and warranties.

Sales of customer receivables. From time to time, the Company sells current or long-term receivables to third parties in response to customer-sponsored requests or programs, to facilitate sales, or for risk mitigation purposes. The Company sold current customer receivables to third parties and subsequently collected $115 million and $437 million in the nine months ended September 30, 2025 and 2024, respectively, related primarily to our participation in customer-sponsored supply chain finance programs. Within these programs, primarily in the Commercial Engines & Services business, the Company has no continuing involvement; fees associated with the transferred receivables are covered by the customer and cash is received at the original invoice value and due date.
LONG-TERM RECEIVABLESSeptember 30, 2025December 31, 2024
Long-term customer receivables
$137 $122 
Supplier advances85 50 
Sundry receivables118 106 
Allowance for credit losses(112)(85)
Total long-term receivables $229 $194