v3.25.1
Accounts and Notes Receivable (Details) - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Mar. 31, 2024
Dec. 31, 2023
Accounts and Notes Receivable [Abstract]        
Accounts Receivable - trade [1] $ 6,765 $ 4,448 $ 6,320  
Notes receivable - trade [1],[2] 486 167 440  
Other [3] 1,043 1,061 1,146  
Accounts and notes receivable - net 8,294 5,676 7,906  
Accounts Receivable, Allowance for Credit Loss, Current $ 190 179 188 $ 205
Other Receivable, Total Current Assets, Percentage 5.00%      
Amounts due from nonconsolidated affiliates $ 130 $ 144 $ 125  
[1] Accounts and notes receivable – trade are net of allowances of $190 million, $179 million and $188 million at March 31, 2025, December 31, 2024 and March 31, 2024, respectively.
[2] Notes receivable – trade primarily consists of receivables for deferred payment loan programs for the sale of seed and chemical products to customers. These loans have terms of one year or less and are primarily concentrated in North America. The company maintains a rigid approval process for extending credit to customers in order to manage overall risk and exposure associated with credit losses. As of March 31, 2025, December 31, 2024 and March 31, 2024, there were no significant impairments related to current loan agreements.
[3] Other includes receivables in relation to indemnification assets, royalties, value added tax, general sales tax and other taxes. No individual group represents more than 5 percent of total current assets. In addition, Other includes amounts due from nonconsolidated affiliates of $130 million, $144 million and $125 million as of March 31, 2025, December 31, 2024 and March 31, 2024, respectively.