v3.25.2
RECEIVABLES
 6 Months Ended
Jun. 30, 2025
Receivables [Abstract]  
RECEIVABLES RECEIVABLES
Current Receivables
As of
June 30, 2025December 31, 2024
Current customer receivables(1)
$3,337 $3,382 
Non-income based tax receivables167 155 
Other sundry receivables165 133 
Current sundry receivables
332 287 
Allowance for credit losses(107)(103)
Total current receivables – net$3,562 $3,566 
(1) Chargebacks, which are primarily related to our PDx business, are generally settled through issuance of credits, typically within one month of initial recognition, and are recorded as a reduction to Current customer receivables. Balances related to chargebacks were $133 million and $153 million as of June 30, 2025 and December 31, 2024, respectively.
Long-Term Receivables
As of
June 30, 2025December 31, 2024
Long-term customer receivables$86 $59 
Non-income based tax receivables24 20 
Other sundry receivables
88 68 
Long-term sundry receivables
111 88 
Allowance for credit losses
(7)(5)
Total long-term receivables – net
$191 $142 

Long-term receivables are recognized within All other non-current assets in the Condensed Consolidated Statements of Financial Position.