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Accounts receivable, net | 9 Months Ended
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Sep. 30, 2024
Receivables [Abstract] |
Accounts receivable, net | 5. Accounts receivable, net Accounts receivable, net, were:
| September 30 | December 31 | September 30
in $ millions | 2024 | 2023 | 2023
Trade receivables | 5,106 | 3,574 | 4,766
Construction contract assets | 1,004 | 716 | 1,005
Total accounts receivable | 6,110 | 4,290 | 5,771
Less: allowance for credit losses | (151) | (149) | (139)
Other current receivables | 463 | 366 | 340
Total accounts receivable, net | 6,422 | 4,507 | 5,972
Of the total Accounts receivable, net balances $58 million, $27 million and $33 million at September 30, 2024, December 31, 2023 and September 30, 2023, respectively, were due from equity method investments. The changes in the allowance for credit losses were:
in $ millions | 2024 |  | 2023
At January 1 | 149 |  | 125
Charge-offs | (8) |  | (9)
Provision for credit losses | 5 |  | 23
Foreign currency translation and other | 5 |  | –
At September 30 | 151 |  | 139

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- Definition The entire disclosure for claims held for amounts due to 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 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482925/835-30-45-2 + Details
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- References No definition available. + Details
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