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Accounts receivable, net | 6 Months Ended
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Jun. 30, 2024
Receivables [Abstract] |
Accounts receivable, net | 5. Accounts receivable, net Accounts receivable, net, were:
| June 30 | December 31 | June 30
in $ millions | 2024 | 2023 | 2023
Trade receivables | 4,788 | 3,574 | 4,957
Construction contract assets | 887 | 716 | 906
Total accounts receivable | 5,675 | 4,290 | 5,863
Less: allowance for credit losses | (142) | (149) | (139)
Other current receivables | 360 | 366 | 395
Total accounts receivable, net | 5,893 | 4,507 | 6,119
Of the total Accounts receivable, net balances $34 million, $27 million and $39 million at June 30, 2024, December 31, 2023 and June 30, 2023, respectively, were due from equity method investments. The changes in the allowance for credit losses were as follows:
in $ millions | 2024 |  | 2023
At January 1 | 149 |  | 125
Charge-offs | (5) |  | (8)
Provision for credit losses | - |  | 19
Foreign currency translation and other | (2) |  | 3
At June 30 | 142 |  | 139

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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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