v3.25.4
Receivables (Tables)
 12 Months Ended
Dec. 31, 2025
Receivables [Abstract]  
Financing Receivable, Allowance for Credit Loss The table below presents a rollforward of our allowance for credit losses for 2023, 2024 and 2025.
Millions of dollars
Balance at
Beginning of
Period
Provision (a)
Other (b)
Balance at
End of
Period (c)
Year ended December 31, 2023
$731
$22
$(11)
$742
Year ended December 31, 2024
742
17
(5)
754
Year ended December 31, 2025
754
57
(6)
805
(a)
Represents increases to allowance for credit losses charged to costs and expenses, net of recoveries.
(b)
Includes write-offs and other activity.
(c)
The allowance for credit losses in all years is primarily comprised of a full reserve against accounts receivable with our primary
customer in Venezuela.