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Trade receivables (Tables)
12 Months Ended
Dec. 31, 2019
Subclassifications of assets, liabilities and equities [abstract]  
Summary of trade receivables
The following table provides details related to Trade receivables as of December 31, 2019 and 2018:
($ millions)
2019

 
2018

Total gross trade receivables
1,438

 
1,307

Provisions for doubtful trade receivables
(48
)
 
(54
)
Total trade receivables, net
1,390

 
1,253


Movement in the provision for doubtful trade receivables
The following table summarizes the movement in the provision for doubtful trade receivables:
($ millions)
2019

 
2018

 
2017

January 1
(54
)
 
(77
)
 
(55
)
Transfers with former parent

 
4

 

Provisions for doubtful trade receivables charged to the consolidated income statement
(17
)
 
(17
)
 
(28
)
Utilization of provisions for doubtful trade receivables
7

 
16

 
2

Reversal of provisions for doubtful trade receivables
15

 
16

 
6

Currency translation effects
1

 
4

 
(2
)
December 31
(48
)
 
(54
)
 
(77
)

Summary of trade receivables overdue status
The following sets forth the trade receivables that are not overdue as specified in the payment terms and conditions established with Alcon's customers, as well as an analysis of overdue amounts and related provisions for doubtful trade receivables:
($ millions)
2019

 
2018

Not overdue
1,135

 
1,018

Past due for not more than one month
118

 
118

Past due for more than one month but less than three months
81

 
70

Past due for more than three months but less than six months
47

 
34

Past due for more than six months but less than one year
21

 
20

Past due for more than one year
36

 
47

Provisions for doubtful trade receivables
(48
)
 
(54
)
Total trade receivables, net
1,390

 
1,253


Summary of trade receivables from closely monitored countries
The following table shows the gross trade receivables balance from these closely monitored countries as of December 31, 2019 and 2018, the amounts that are past due for more than one year and the related amount of the provisions for doubtful trade receivables that have been recorded:
($ millions)
2019

 
2018

Total balance of gross trade receivables from closely monitored countries
209

 
216

Past due for more than one year
10

 
14

Provisions for doubtful trade receivables
(13
)
 
(16
)

Summary of trade receivables by major currencies
Trade receivables include amounts denominated in the following major currencies:
($ millions)
2019

 
2018

US dollar (USD)
463

 
449

Euro (EUR)
243

 
215

Japanese yen (JPY)
168

 
152

Chinese yuan (CNY)
102

 
74

Indian rupee (INR)
33

 
34

Canadian dollar (CAD)
30

 
30

Australian dollar (AUD)
29

 
27

British pound (GBP)
24

 
25

Russian ruble (RUB)
34

 
24

South Korean won (KRW)
29

 
23

Other currencies
235

 
200

Total trade receivables, net
1,390

 
1,253