
	As of
	March 31, 2026		December 31, 2025
Current:
Receivables	$	642	$	718
Allowance for credit losses	(28)		(29)
Current receivables, net	614		689
Long-term:
Receivables	97		98
Allowance for credit losses	(3)		(2)
Long-term receivables, net	94		96
Total receivables, net	$	708	$	785

We manage our receivable portfolios using both geography and delinquency as key credit quality indicators. The following table summarizes geographical delinquencies of total receivables, net:


	As of March 31, 2026				As of December 31, 2025
	Total		Balances over 90 days past due		Total		Balances over 90 days past due
Receivables:
U.S. and Canada	$	385	$	5	$	438	$	2
International	354		10		378		27
Total receivables	739		15		816		29
Receivables allowance:
U.S. and Canada	(15)		(1)		(14)		—
International	(16)		(2)		(17)		(5)
Total receivables allowance	(31)		(3)		(31)		(5)
Receivables, net	$	708	$	12	$	785	$	24

Account balances are charged against the allowances after all internal and external collection efforts have been exhausted and the potential for recovery is considered remote.

The activity in our allowance for receivable credit losses for each of the three months ended March 31, 2026 and 2025 is as follows:


	2026						2025
	Total		U.S. and Canada		International		Total
Beginning allowance for credit losses	$	(31)	$	(14)	$	(17)	$	(40)
Provision	(1)		(1)		—		1
Charge-offs and recoveries	1		—		1		—
Allowance for credit losses as of March 31	$	(31)	$	(15)	$	(16)	$	(39)

As of March 31, 2026 and December 31, 2025, 2% and 3%, respectively, of our total receivables, net, were past due by over 90 days.

We have certain concentrations of outstanding receivables in international locations that impact our assessment of the credit quality of our receivables. We monitor the macroeconomic and political environment in each of these locations in our assessment of the credit quality of our receivables. The international customers with significant concentrations (generally

deemed to be exceeding 10%) of our receivables with terms longer than one year are in the Latin America region (“LATAM”) and are primarily comprised of Mexico and Argentina. The following table summarizes our LATAM receivables:


	As of March 31, 2026
	Total		Current		Balances over 90 days past due
Receivables	$	59	$	54	$	5
Allowance for credit losses	(12)		(10)		(2)
Receivables, net	$	47	$	44	$	3

We continuously review receivables and, as information concerning credit quality and/or overall economic environment arises, reassess our expectations of future losses and record an incremental reserve if warranted at that time. Our current allowance for credit losses represents our current expectation of credit losses; however, future expectations could change as international unrest or other macro-economic factors impact the financial stability of our customers.

The fair value of receivables is estimated by discounting expected future cash flows using current interest rates at which similar loans would be made to borrowers with similar credit ratings and remaining maturities. As of March 31, 2026 and December 31, 2025, the fair value of receivables, net, approximated the carrying value due to contractual terms of receivables generally being less than 24 months.