
CURRENT RECEIVABLES – NET	September 30, 2025	December 31, 2024
Customer receivables	$5,661	$6,312
Non-income based tax receivables	690	814
Supplier advances and other receivables	1,466	1,514
Other receivables	$2,156	$2,328
Allowance for credit losses	(443)	(464)
Total current receivables – net	$7,374	$8,177

Activity in the allowance for credit losses related to current receivables for the nine months ended September 30, 2025 and 2024 consists


ALLOWANCE FOR CREDIT LOSSES	2025	2024
Balance as of January 1	$464	$515
Net additions (releases) charged to costs and expenses	(1)	34
Write-offs, net	(27)	(15)
Foreign exchange and other	6	(33)
Balance as of September 30	$443	$501

Sales of customer receivables. From time to time, the Company sells current or long-term receivables to third parties in response to

customer-sponsored requests or programs, to facilitate sales, or for risk mitigation purposes. The Company sold current customer

receivables to third parties and subsequently collected $971 million and $1,073 million in the nine months ended September 30, 2025 and

2024, respectively. Transactions under these arrangements are accounted for as sales, and the sold receivables are removed from the

Company's balance sheet. The Company maintains no continuing involvement with respect to the receivables being transferred.


LONG-TERM RECEIVABLES	September 30, 2025	December 31, 2024
Long-term customer receivables	$307	$282
Supplier advances	335	285
Non-income based tax receivables	84	74
Other receivables	523	247
Allowance for credit losses	(120)	(142)
Total long-term receivables – net	$1,129	$745