
CURRENT RECEIVABLES – NET	June 30, 2026	December 31, 2025
Customer receivables	$8,796	$7,866
Non-income based tax receivables	853	662
Supplier advances and other receivables	1,885	1,717
Other receivables	$2,738	$2,379
Allowance for credit losses	(434)	(441)
Total current receivables – net	$11,099	$9,803

Activity in the allowance for credit losses related to current receivables for the six months ended June 30, 2026 and 2025 consists of the


ALLOWANCE FOR CREDIT LOSSES	2026	2025
Balance as of January 1	$441	$464
Net additions (releases) charged to costs and expenses	(3)	13
Write-offs, net	(5)	(15)
Foreign exchange and other	1	10
Balance as of June 30	$434	$472

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 $639 million and $553 million in the six months ended June 30, 2026 and 2025,

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	June 30, 2026	December 31, 2025
Long-term customer receivables	$200	$228
Supplier advances	796	686
Non-income based tax receivables	68	80
Other receivables	574	440
Allowance for credit losses	(197)	(197)
Total long-term receivables – net	$1,440	$1,237