| | | | | | | | | | | | 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 | |
| | | | | | | | | | | | | As of | | June 30, 2026 | December 31, 2025 | Loans receivable, at amortized cost | $ | 21 | | $ | 21 | | Investment in finance leases, net of deferred income | 74 | | 76 | | Allowance for credit losses | (3) | | (2) | | Current financing receivables – net | $ | 92 | | $ | 95 | | | | | Loans receivable, at amortized cost | $ | 45 | | $ | 44 | | Investment in finance leases, net of deferred income | 149 | | 149 | | Allowance for credit losses | (3) | | (3) | | Non-current financing receivables – net | $ | 191 | | $ | 190 | |
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