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Trade receivables (Tables)
 12 Months Ended
Dec. 31, 2020
Disclosure of trade receivables [abstract]  
Provisions for trade receivables
(USD millions)
2020
2019
Total gross trade receivables
8 310
8 396
Provisions for doubtful trade receivables
– 93
– 95
Total trade receivables, net
8 217
8 301
Trade receivables provision movements
(USD millions)
2020
2019
2018
January 1
– 95
– 126
– 190
Provisions related to discontinued operations  1
54
Impact of acquisitions of businesses
– 1
Provisions for doubtful trade receivables charged to the consolidated income statement  2
– 59
– 89
– 47
Utilization of provisions for doubtful trade receivables
13
12
39
Reversal of provisions for doubtful trade receivables credited to the consolidated income statement  3
53
53
61
Currency translation effects
– 5
1
12
December 31
– 93
– 95
– 126
 1  Notes 1, 2 and 30 provide information related to discontinued operations.
 2  Provisions charged to the consolidated income statement from continuing operations were USD 30 million in 2018.
 3  Reversal of provisions credited to the consolidated income statement from continuing operations were USD 44 million in 2018.
Overdue amounts and related provision
(USD millions)
2020
2019
Not overdue
7 714
7 763
Past due for not more than one month
150
161
Past due for more than one month

but less than three months


118


123
Past due for more than three months

but less than six months


102


103
Past due for more than six months

but less than one year


77


96
Past due for more than one year
149
150
Provisions for doubtful trade receivables
– 93
– 95
Total trade receivables, net
8 217
8 301
Gross trade receivable from closely monitored countries
(USD millions)
2020
2019
Total balance of gross trade

receivables from closely

monitored countries




1 505




1 588
Past due for more than one year
55
61
Provisions
27
24
Trade receivables denominated in other currencies
(USD millions)
2020
2019
US dollar (USD)
3 311
3 466
Euro (EUR)
1 668
1 384
Japanese yen (JPY)
437
466
Russian ruble (RUB)
288
341
Chinese yuan (CNY)
208
279
British pound (GBP)
191
202
Australian dollar (AUD)
153
125
Brazilian real (BRL)
148
165
Canadian dollar (CAD)
125
129
Swiss franc (CHF)
124
89
Other currencies
1 564
1 655
Total trade receivables, net
8 217
8 301