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Accounts receivable, net | 12 Months Ended
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Dec. 31, 2023
Receivables [Abstract] |
Accounts receivable, net | 5. Accounts receivable, net Accounts receivable, net at December 31 were:
in $ millions | 2023 | 2022
Trade receivables | 3,574 | 3,435
Construction contract assets | 716 | 606
Total accounts receivable | 4,290 | 4,041
Less: allowance for credit losses | (149) | (125)
Other current receivables | 366 | 384
Total accounts receivable, net | 4,507 | 4,300
Of the total Accounts receivable, net, balances, $27 million and $37 million at December 31, 2023 and 2022, respectively, were due from equity method investments. The changes in the allowance for credit losses at December 31 were as follows:
in $ millions | 2023 | 2022 | 2021
At January 1 | 125 | 131 | 140
Charge-offs | (18) | (19) | (14)
Provision for credit losses | 39 | 24 | 10
Foreign currency translation and other | 3 | (11) | (5)
At December 31 | 149 | 125 | 131

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- Definition The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//310-10/tableOfContent + Details
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- References No definition available. + Details
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