Sale of Receivables (Tables)

3 Months Ended

Mar. 31, 2023

Transfers and Servicing [Abstract]

Schedule of Sale of Receivables

	Three months ended March 31,
(Dollars in millions)	2023		2022
Beginning balance	$	243	$	215
Sales of receivables	30		44
Cash returned to purchaser	192		164
Outstanding balance sold to purchasers(1)	81		95
Cash collected, not remitted to purchaser(2)	15		9
Remaining sold receivables	$	(66)	$	(86)

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(1)For the period ended March 31, 2023, the Company recorded a net decrease to cash flows from operating activities of $162 million and for the period ended March 31, 2022 a decrease to cash flow from operating activities of $120 million.

(2)Represents cash collected on behalf of purchasers and not yet remitted.