v3.26.1
Accounts receivable, net
 6 Months Ended
Jun. 30, 2026
Receivables [Abstract]  
Accounts receivable, net
5. Accounts receivable, net
Accounts receivable, net, were:
June 30December 31June 30
in $ millions202620252025
Trade receivables5,5344,2965,326
Construction contract assets793525834
Total accounts receivable6,3274,8216,160
Less: allowance for credit losses(136)(137)(151)
Other current receivables586494481
Total accounts receivable, net6,7775,1786,490
Of the total Accounts receivable, net balances, $12 million, $32 million and $62 million as of June 30, 2026, December 31, 2025, and June 30, 2025, respectively, were due from equity method investments.

The changes in the allowance for credit losses were:
in $ millions20262025
As of January 1137140
Charge-offs(6)(7)
Provision for credit losses82
Foreign currency translation and other(3)16
As of June 30136151