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ACCOUNTS AND NOTES RECEIVABLE, NET
9 Months Ended
Sep. 30, 2025
Receivables [Abstract]  
ACCOUNTS AND NOTES RECEIVABLE, NET ACCOUNTS AND NOTES RECEIVABLE, NET
Trade accounts receivable are stated at the amount we expect to collect. We maintain allowances for doubtful accounts for estimated losses by applying historical loss percentages, combined with reasonable and supportable forecasts of future losses, to respective aging categories. Management considers the following factors in developing its current estimate of expected credit losses: customer credit-worthiness, past transaction history with the customer, current economic industry trends, changes in market or regulatory matters, changes in geopolitical matters, changes in customer payment terms, and other macroeconomic factors.
September 30, 2025December 31, 2024
Accounts receivable - trade, net (1)
$1,116 $1,015 
Notes receivable83 92 
Other (2)
154 141 
Total$1,353 $1,248 
(1)    Allowance for doubtful accounts was $30 million and $25 million at September 30, 2025 and December 31, 2024, respectively.
(2)    Includes $28 million and $29 million at September 30, 2025 and December 31, 2024, respectively, of insurance recoveries related to an operational matter discussed further in Note 5.
Bad debt expense of $3 million, $9 million, $2 million and $6 million was included within selling, general and administrative expenses and other operating charges for the three and nine months ended September 30, 2025 and 2024, respectively.