v3.25.2
Accounts receivable, net
 6 Months Ended
Jun. 30, 2025
Receivables [Abstract]  
Accounts receivable, net
4. Accounts receivable, net
Accounts receivable, net, were:
June 30December 31June 30
in $ millions202520242024
Trade receivables5,3263,8294,788
Construction contract assets834690887
Total accounts receivable6,1604,5195,675
Less: allowance for credit losses(151)(140)(142)
Other current receivables481441360
Total accounts receivable, net6,4904,8205,893
Of the total Accounts receivable, net balances, $62 million, $46 million and $34 million at June 30, 2025, December 31, 2024, and June 30, 2024, respectively, were due from equity method investments.

The changes in the allowance for credit losses were:
in $ millions20252024
At January 1140149
Charge-offs(7)(5)
Provision for credit losses2–
Foreign currency translation and other16(2)
At June 30151142