Receivables, Loans, Notes Receivable, and Others (Tables)

3 Months Ended

Mar. 31, 2020

Receivables [Abstract]

Schedule of Receivables, Net

Accounts receivable, net consisted of the following:

(dollars in millions)	March 31, 2020		December 31, 2019
Accounts receivable	$	13,601	$	13,913
Allowance for expected credit losses	(497)		(389)
Total accounts receivable, net	$	13,104	$	13,524

Accounts Receivable, Allowance for Credit Loss

The changes in the allowance for credit losses related to Accounts receivable for the quarter ended March 31, 2020 is as follows:

(dollars in millions)	March 31, 2020
Balance as of December 31, 2019	$	(389)
Current period provision for expected credit losses1	(63)
Write-offs charged against the allowance for expected credit losses	5
Other2	(50)
Balance as of March 31, 2020	$	(497)

¹ The current provision for expected credit losses includes incremental reserves related to our assessments of COVID-19 impacts of $38 million.

² Other includes $64 million of impact related to the adoption of Accounting Standard Update ("ASU") 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.