Supplier Finance Programs |
6 Months Ended |
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Jun. 30, 2025 | |
Payables and Accruals [Abstract] | |
Supplier Finance Programs | Supplier finance programs We facilitate voluntary supplier finance programs (the “Programs”) through participating financial institutions. The Programs are available to a wide range of suppliers and allow them the option to manage their cash flow. We are not a party to the agreements between the participating financial institutions and the suppliers in connection with the Programs. The range of payment terms, typically 60-90 days, we negotiate with our suppliers is consistent, irrespective of whether a supplier participates in the Programs. The amount of obligations outstanding that are confirmed as valid to the participating financial institutions for suppliers who voluntarily participate in the Programs, included in Accounts payable in the Consolidated Statement of Financial Position, were $949 million and $830 million at June 30, 2025 and December 31, 2024, respectively.
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