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ACCOUNTS RECEIVABLE, NET | 3 Months Ended
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Mar. 31, 2020
Receivables [Abstract] |
ACCOUNTS RECEIVABLE, NET | ACCOUNTS RECEIVABLE, NET The Company is exposed to credit losses primarily through the sales of products and services to commercial customers, which are recorded as Trade receivables. We evaluate a customer’s ability to pay by assessing creditworthiness, historical experience and current conditions. We determine credit ratings for each customer in our portfolio based upon public information and information obtained directly from our customers. We evaluate the reasonableness of the allowance for credit losses on a quarterly basis or when events and circumstances warrant. In addition to credit quality indicators, factors considered in our evaluation of collectability include the underlying value of any collateral or security interests, past due balances, historical losses, and existing economic conditions including country and political risk. In certain circumstances, we may require collateral or prepayment to mitigate credit risk. We determine receivables are impaired when, based on historical experience, current information and events and a reasonable forecast period, we may be unable to collect amounts due according to the contractual terms of an agreement. Estimated credit losses are written off in the period in which an accounts receivable is determined to be no longer collectible. Accounts receivable, net consisted of the following:
(dollars in millions) | March 31, 2020 |  | December 31, 2019
Trade receivables | $ | 2,377 |  |  | $ | 2,444 |
Receivables from affiliates | 191 |  |  | 143 |
Other receivables | 169 |  |  | 184 |
Accounts receivable | 2,737 |  |  | 2,771 |
Less: Allowance for expected credit losses | (63) |  |  | (45) |
Accounts receivable, net | $ | 2,674 |  |  | $ | 2,726 |
The changes in the allowance for expected credit losses related to Accounts receivable are as follows:
(dollars in millions) |  |
Balance at January 1, 2020 |  | $ | 45 |  |
Current period provision for expected credit losses | 12 |  |
Other (including impact of adoption of ASU 2016-13) | 6 |  |
Balance at March 31, 2020 |  | $ | 63 |  |

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- Definition The entire disclosure for accounts receivable, contract receivable, receivable held-for-sale, and nontrade receivable. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -URI http://asc.fasb.org/topic&trid=2196771 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -URI http://asc.fasb.org/topic&trid=82887179 + Details
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- References No definition available. + Details
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