Receivables

3 Months Ended

Mar. 31, 2023


	March 31, 2023		December 31, 2022
Accounts receivable	$	1,189	$	1,132
Less: allowance for credit losses	(36)		(22)
Net trade receivables	1,153		1,110
Unbilled receivables	437		363
Miscellaneous receivables	367		370
Receivables, net	$	1,957	$	1,843

Accounts receivable as of March 31, 2023 includes approximately $60 due from a customer in the Company's Americas Beverage segment that filed for bankruptcy in March 2023. The Company possesses a security interest related to the supply agreement which was considered in the Company's allowance for credit losses.

In December 2021, the Company's Bowling Green plant sustained tornado damage, resulting in curtailment of operations. The Company resumed operations in March 2022. However, it continued to incur incremental costs, including freight and warehousing expenses, to meet customer demand as the plant returned to full operational capacity. As of December 31, 2022 the Company had an insurance receivable, within miscellaneous receivables, of $23 for incremental expenses incurred. During the three months ended March 31, 2023, the Company received insurance proceeds of $22 for incremental expenses and $1 for property damage.