RECEIVABLES

6 Months Ended

Jun. 30, 2026


Current Receivables	As of
	June 30, 2026		December 31, 2025
Current customer receivables(1)	$	3,535	$	3,719
Non-income based tax receivables	169		159
Other sundry receivables	279		180
Current sundry receivables	448		339
Allowance for credit losses	(102)		(103)
Total current receivables – net	$	3,881	$	3,955

(1) Chargebacks, which are primarily related to our PDx business, are generally settled through issuance of credits, typically within one month of initial recognition, and are recorded as a reduction to Current customer receivables. Balances related to chargebacks were $103 million and $148 million as of June 30, 2026 and December 31, 2025, respectively. The decrease in chargebacks is primarily due to lower wholesaler product levels.


Long-Term Receivables	As of
	June 30, 2026		December 31, 2025
Long-term customer receivables	$	77	$	73
Non-income based tax receivables	25		24
Other sundry receivables	88		100
Long-term sundry receivables	112		124

Allowance for credit losses	(7)		(7)
Total long-term receivables – net	$	183	$	190

Long-term receivables are recognized within All other non-current assets in the Condensed Consolidated Statements of Financial Position.