RECEIVABLES

3 Months Ended

Mar. 31, 2022

Accounts Receivable, after Allowance for Credit Loss [Abstract]

Receivables

RECEIVABLES

Dollars in Millions	March 31, 2022		December 31, 2021
Trade receivables	$	7,746	$	8,723
Less charge-backs and cash discounts	(561)		(723)
Less allowance for expected credit loss	(29)		(21)
Net trade receivables	7,156		7,979
Alliance, Royalties, VAT and other	1,355		1,390
Receivables	$	8,511	$	9,369

Non-U.S. receivables sold on a nonrecourse basis were $423 million and $318 million for the three months ended March 31, 2022 and 2021, respectively. Receivables from the three largest customers in the U.S. represented approximately 60% and 59% of total trade receivables at March 31, 2022 and December 31, 2021, respectively.