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Accounts receivable, net | 12 Months Ended
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Dec. 31, 2024
Receivables [Abstract] |
Accounts receivable, net | 5. Accounts receivable, net Accounts receivable, net at December 31 were:
in $ millions | 2024 | 2023
Trade receivables | 3,829 | 3,574
Construction contract assets | 690 | 716
Total accounts receivable | 4,519 | 4,290
Less: allowance for credit losses | (140) | (149)
Other current receivables | 441 | 366
Total accounts receivable, net | 4,820 | 4,507
Of the total Accounts receivable, net balances, $46 million and $27 million at December 31, 2024, and 2023, respectively, were due from equity method investments. The changes in the allowance for credit losses at December 31 were as follows:
in $ millions | 2024 | 2023 | 2022
At January 1 | 149 | 125 | 131
Charge-offs | (14) | (18) | (19)
Provision for credit losses | 7 | 39 | 24
Foreign currency translation and other | (2) | 3 | (11)
At December 31 | 140 | 149 | 125

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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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