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Accounts receivable, net | 3 Months Ended
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Mar. 31, 2025
Receivables [Abstract] |
Accounts receivable, net | 4. Accounts receivable, net Accounts receivable, net, were:
| March 31 | December 31 | March 31
in $ millions | 2025 | 2024 | 2024
Trade receivables | 4,214 | 3,829 | 3,916
Construction contract assets | 659 | 690 | 637
Total accounts receivable | 4,873 | 4,519 | 4,553
Less: allowance for credit losses | (154) | (140) | (150)
Other current receivables | 422 | 441 | 395
Total accounts receivable, net | 5,141 | 4,820 | 4,798
Of the total Accounts receivable, net balances, $63 million, $46 million and $32 million at March 31, 2025, December 31, 2024 and March 31, 2024, respectively, were due from equity method investments. The changes in the allowance for credit losses were:
in $ millions | 2025 |  | 2024
At January 1 | 140 |  | 149
Charge-offs | (2) |  | (2)
Provision for credit losses | 6 |  | 4
Foreign currency translation and other | 10 |  | (1)
At March 31 | 154 |  | 150

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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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