| | | | | | | | | | | | Current Receivables | As of | | June 30, 2025 | | December 31, 2024 | Current customer receivables(1) | $ | 3,337 | | | $ | 3,382 | | Non-income based tax receivables | 167 | | | 155 | | Other sundry receivables | 165 | | | 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, 2025 | December 31, 2024 | Long-term customer receivables | $ | 86 | | $ | 59 | | Non-income based tax receivables | 24 | | 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 | |
| | | | | | | | | | | | | As of | | June 30, 2025 | December 31, 2024 | Loans receivable, at amortized cost | $ | 23 | | $ | 23 | | Investment in finance leases, net of deferred income | 79 | | 69 | | Allowance for credit losses | (2) | | (2) | | Current financing receivables – net | $ | 100 | | $ | 90 | | | | | Loans receivable, at amortized cost | $ | 39 | | $ | 35 | | Investment in finance leases, net of deferred income | 156 | | 152 | | Allowance for credit losses | (4) | | (4) | | Non-current financing receivables – net | $ | 190 | | $ | 183 | |
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