v3.26.1
Accounts and Notes Receivable, Net - Schedule of Accounts and Notes Receivable (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Receivables [Abstract]    
Accounts receivable - trade, net [1] $ 645 $ 562
VAT, GST and other taxes [2] 91 96
Other receivables [3] 23 21
Total accounts and notes receivable, net $ 759 $ 679
[1] Accounts receivable - trade, net includes trade notes receivable of $3 and $1 at March 31, 2026 and December 31, 2025, respectively, and is net of allowances for doubtful accounts of $2 at each of the dates. Such allowances are equal to the estimated uncollectible amounts.
[2] Value added tax (“VAT”) and goods and services tax (“GST”) for various jurisdictions.
[3] Other receivables consist of derivative instruments, advances, and other deposits including receivables under the terms of the MOU. For details of the MOU, see “Note 17 – Commitments and Contingent Liabilities”.