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Other assets and liabilities (Tables)
12 Months Ended
Dec. 31, 2024
Subclassifications of assets, liabilities and equities [abstract]  
Schedule of trade receivables
20242023
(US$ millions)
Gross trade receivables800 851 
Less: provisions for expected credit losses(411)(408)
Trade receivables, net390 443 
Aging of trade receivables
Aging of trade receivables
Neither past due nor impairedPast due (net of impairments)
30–90 days>90 daysTotal
(US$ millions)
2024:
Telecom operators10 26 
Own customers214 47 42 303 
Others29 22 61 
Total
252 64 74 390 
2023:
Telecom operators19 28 
Own customers263 49 51 364 
Others37 52 
Total
319 61 63 443 
Inventories
Inventories
20242023
(US$ millions)
Telephone and equipment32 27 
SIM cards
Other14 
Inventory at December 31,44 45 
Provisions and other liabilities
Current
20242023
(US$ millions)
Deferred revenue95 96 
Customer deposits12 12 
Current legal provisions (i)98 
Tax payables51 72 
Customer and MFS distributor cash balances38 45 
Withholding tax on payments to third parties26 22 
Other current liabilities (ii)102 119 
Total421 374 
(i) Refer to note G.3.1.
(ii) Includes $20 million (2023: $15 million) of tax risk liabilities not related to income tax.
Non-current
20242023
(US$ millions)
Non-current legal provisions
Long-term portion of asset retirement obligations159 173 
Long-term portion of deferred income on tower sale and leasebacks recognized 23 31 
Long-term employment obligations44 51 
Other non-current liabilities51 68 
Total283 330 
Contract assets
Contract assets, net
20242023
(US$ millions)
Long-term portion21 21 
Short-term portion59 65 
Less: provisions for expected credit losses(3)(4)
Total77 82 
Contract costs, net (i)
FY242023
(US$ millions)
Net at January 112 10 
Contract costs capitalized
Amortization of contract costs(5)(4)
Net at December 3112 12 
(i)    Incremental costs of obtaining a contract are expensed when incurred if the amortization period of the asset that Millicom otherwise would have recognized is one year or less.
Contract liabilities
Contract liabilities
20242023
(US$ millions)
Long-term portion— 74 
Short-term portion121 82 
Total121 156