Receivables

6 Months Ended

Jun. 30, 2023


	June 30, 2023		December 31, 2022
Accounts receivable	$	1,226	$	1,132
Less: allowance for credit losses	(36)		(22)
Net trade receivables	1,190		1,110
Unbilled receivables	370		363
Miscellaneous receivables	337		370
Receivables, net	$	1,897	$	1,843

Accounts receivable as of June 30, 2023 includes approximately $77 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 June 30, 2023 and December 31, 2022, the Company had an insurance receivable, within miscellaneous receivable, for incremental expenses incurred of $6 and $23, respectively. During the six months ended June 30, 2023, the Company received insurance proceeds of $22 for incremental expenses and $1 for property damage.