Accounts Receivable, Net

12 Months Ended

Dec. 31, 2021

Receivables [Abstract]

Accounts Receivable, Net

4. ACCOUNTS RECEIVABLE, NET

Accounts receivable, net represent amounts billed and due from customers. Substantially all accounts receivable at December 31, 2021 are expected to be collected in 2022. The company does not believe it has significant exposure to credit risk as the majority of our accounts receivable are due from the U.S. government either as the ultimate customer or in connection with foreign military sales.

Accounts receivable, net consisted of the following:

	December 31
$ in millions	2021		2020
Due from U.S. government (1)	$	1,173	$	956
Due from international and other customers	328		578
Accounts receivable, gross	1,501		1,534
Allowance for expected credit losses	(34)		(33)
Accounts receivable, net	$	1,467	$	1,501

(1)Includes receivables due from the U.S. government associated with FMS sales. For FMS, we contract with and are paid by the U.S. government.