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ACCOUNTS RECEIVABLE AND OTHER FINANCIAL ASSETS
 12 Months Ended
Dec. 31, 2024
Receivables [Abstract]  
ACCOUNTS RECEIVABLE AND OTHER FINANCIAL ASSETS ACCOUNTS RECEIVABLE AND OTHER FINANCIAL ASSETS
 
Accounts receivable in the Consolidated Balance Sheets at December 31, 2024 and 2023 includes receivables from customers of $2.0 billion and $1.9 billion, respectively, and receivables from payment processors and networks of $1.2 billion and $1.3 billion, respectively. The remaining balance principally relates to receivables from marketing affiliates. The Company's receivables are short-term in nature. The amounts mentioned above are stated on a gross basis, before deducting the allowance for expected credit losses.

Significant judgments and assumptions are required to estimate the allowance for expected credit losses and such assumptions may change in future periods, particularly the assumptions related to the business prospects and financial condition of customers and marketing affiliates, including macroeconomic conditions, inflationary pressures, and the Company's ability to collect the receivable or recover prepayments.

The following table summarizes the activity of the allowance for expected credit losses on receivables: 
 Year Ended December 31,
(in millions)202420232022
Balance, beginning of year$137 $117 $101 
Provision charged to earnings222 169 130 
Write-offs and other adjustments(213)(149)(114)
Balance, end of year$146 $137 $117