XML 36 R23.htm IDEA: XBRL DOCUMENT v3.22.1
Supplemental Financial Information
 3 Months Ended
Mar. 31, 2022
Supplemental Financial Information [Abstract]  
SUPPLEMENTAL FINANCIAL INFORMATION
16. SUPPLEMENTAL FINANCIAL INFORMATION
The components of accounts receivable are summarized as follows:
In millionsMarch 31, 2022December 31, 2021
Accounts receivable
Trade$1,049 $939 
Other48 44 
Accounts receivable, gross1,097 983 
Less: allowance for credit losses(26)(24)
Total accounts receivable, net$1,071 $959 
Our allowance for credit losses as of March 31, 2022 and December 31, 2021 was $26 million and $24 million, respectively. The impact to our allowance for credit losses for the three months ended March 31, 2022 was an expense of $4 million. We continue to evaluate our reserves in light of the age and quality of our outstanding accounts receivable, risks to specific industries or countries, as well as the COVID-19 pandemic, and adjust the reserves accordingly. Our allowance for credit losses charged to expense for the three months ended March 31, 2021 was zero. The Company recorded write-offs against the reserve for the three months ended March 31, 2022 and 2021 of $2 million and $12 million, respectively.
The components of inventory are summarized as follows:
In millionsMarch 31, 2022December 31, 2021
Inventories
Work in process and raw materials$176 $184 
Finished goods241 185 
Service parts388 385 
Total inventories$805 $754