Supplementary Information

9 Months Ended

Sep. 30, 2025

Accounts receivable, net

Accounts receivable, net was as follows:


	As of September 30, 2025		As of December 31, 2024
Accounts receivable – trade	$	1,165	$	939
Accounts receivable – other	158		167
Allowance for credit losses	(11)		(13)
Total accounts receivable, net	$	1,312	$	1,093

There were no significant contract assets or contract liabilities associated with our customers as of September 30, 2025 or December 31, 2024. Liabilities for volume discounts and incentives were also not significant as of September 30, 2025 or December 31, 2024.

Inventories

Inventories were as follows:


	As of September 30, 2025		As of December 31, 2024
Finished and in process	$	772	$	762
Raw materials	371		346
Manufacturing supplies	82		79
Total inventories	$	1,225	$	1,187

Property, Plant and Equipment, Net

During the third quarter of 2024, we announced our plan to close certain manufacturing operations in the United Kingdom in 2025, and we recognized an impairment charge of $8 million in connection with the property, plant and equipment at that manufacturing plant in the third quarter of 2024.

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, 2025 and December 31, 2024, participating financial institutions held $149 million and $135 million of our liabilities recorded in Accounts payable and Accrued liabilities and liabilities held for sale on our Condensed Consolidated Balance Sheets. As of September 30, 2025, supply chain finance programs existed for operations in the U.S., Brazil, Mexico, certain PureCircle entities, Colombia, Peru, Thailand and China.

The rollforward of our outstanding obligations confirmed as valid under our supply chain finance programs follows:


	As of September 30, 2025
Outstanding as of December 31, 2024	$	135
Invoices added during the year	401
Invoices paid during the year	(404)
Cumulative translation adjustment	17
Outstanding as of September 30, 2025	$	149