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Accounts receivable, net
3 Months Ended
Mar. 31, 2025
Receivables [Abstract]  
Accounts receivable, net
4. Accounts receivable, net
Accounts receivable, net, were:
March 31December 31March 31
in $ millions202520242024
Trade receivables4,2143,8293,916
Construction contract assets659690637
Total accounts receivable4,8734,5194,553
Less: allowance for credit losses(154)(140)(150)
Other current receivables422441395
Total accounts receivable, net5,1414,8204,798
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 $ millions20252024
At January 1140149
Charge-offs(2)(2)
Provision for credit losses64
Foreign currency translation and other10(1)
At March 31154150