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Supplementary Information
 9 Months Ended
Sep. 30, 2023
Supplementary Information  
Supplementary Information 13. Supplementary Information
Accounts Receivable, Net
Accounts receivable, net as of September 30, 2023 and December 31, 2022, consist of:
(in millions)As of
September 30, 2023		As of
December 31, 2022
Accounts receivable — trade$1,241 $1,200 
Accounts receivable — other156 228 
Allowance for credit losses(17)(17)
Total accounts receivable, net$1,380 $1,411 
There were no significant contract assets or contract liabilities associated with our customers as of September 30, 2023 or December 31, 2022. Liabilities for volume discounts and incentives were also not significant as of September 30, 2023 or December 31, 2022.
Inventories
Inventories as of September 30, 2023 and December 31, 2022, consist of:
(in millions)As of
September 30, 2023		As of
December 31, 2022
Finished and in process$945 $962 
Raw materials466 539 
Manufacturing supplies91 96 
Total inventories$1,502 $1,597 
Supply Chain Finance Programs
Under supply chain finance programs administered by third-party banks, our suppliers have the opportunity to sell receivables due from us to participating financing institutions and receive earlier payment at a discount. Our responsibility is limited to making payment on the terms originally negotiated with our supplier, regardless of whether such supplier sells its receivable to a financial institution. The payment terms we negotiate with a supplier are independent of whether such supplier participates in a supply chain finance program, and participation in any such program by a supplier has no effect on our income or cash flows.
As of September 30, 2023 and December 31, 2022, participating financial institutions held $100 million and $175 million, respectively, of our liabilities recorded in accounts payable and accrued liabilities on our Condensed Consolidated Balance Sheets. As of September 30, 2023, supply chain finance programs existed for operations in Brazil, Mexico, certain PureCircle entities, Colombia, Korea, Peru, Thailand and China.