v3.26.1
CURRENT AND LONG-TERM RECEIVABLES (Tables)
6 Months Ended
Jun. 30, 2026
Receivables [Abstract]  
Schedule of Receivables
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
following:
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
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