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Other receivables
 9 Months Ended
Sep. 30, 2024
Receivables [Abstract]  
Other receivables

Note 9. Other receivables

Other receivables are comprised of the following (in millions).

 

September 30,
2024

 

 

December 31,
2023

 

Insurance and other:

 

 

 

 

 

Insurance premiums receivable

$

19,901

 

 

$

19,052

 

Reinsurance recoverables

 

5,199

 

 

 

7,060

 

Trade receivables

 

15,385

 

 

 

14,449

 

Other

 

5,647

 

 

 

4,269

 

Allowances for credit losses

 

(674

)

 

 

(656

)

$

45,458

 

 

$

44,174

 

Railroad, utilities and energy:

 

 

 

 

 

Trade receivables

$

5,642

 

 

$

6,034

 

Other

 

1,098

 

 

 

1,228

 

Allowances for credit losses

 

(152

)

 

 

(176

)

$

6,588

 

 

$

7,086

 

 

Aggregate provisions for credit losses in the first nine months with respect to receivables in the preceding table were $358 million in 2024 and $399 million in 2023. Charge-offs, net of recoveries, in the first nine months were $364 million in 2024 and $384 million in 2023. Receivables of the railroad, utilities and energy businesses at September 30, 2024 and December 31, 2023 included approximately $1.6 billion and $2.1 billion, respectively, related to Pilot.