Receivables



	September 30, 2018			December 31, 2017
Accounts receivable	$	1,584		$	894
Less: allowance for doubtful accounts	(71		)	(71		)
Net trade receivables	1,513			823
Unbilled receivables	226			—
Miscellaneous receivables	229			218
Receivables, net	$	1,968		$	1,041

In July 2018, the Company terminated its $200 North American securitization facility, which included a deferred purchase price component, and entered into a new securitization facility to sell, on a revolving basis, certain trade accounts receivable balances up to a maximum of $375. The new securitization agreement removed the deferred purchase price component; however, it requires the Company to maintain a deposit in a restricted cash account. The Company received net proceeds of $106 from the termination of the securitization facility and resale of receivables under the new agreement. These proceeds are included in the beneficial interest in securitized receivables line in the Company's Consolidated Statement of Cash Flows.

Transfers under the new securitization facility will continue to be accounted for as sales because the Company sells full title and ownership in the underlying receivables and has met the criteria for control of the receivables to be considered transferred. The new securitization facility matures in July, 2020.