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RECEIVABLES
3 Months Ended
Mar. 31, 2024
Receivables [Abstract]  
RECEIVABLES RECEIVABLES
Current Receivables
As of
March 31, 2024December 31, 2023
Current customer receivables(1)
$3,148 $3,339 
Non-income based tax receivables151 166 
Other sundry receivables127 118 
Current sundry receivables
278 284 
Allowance for credit losses(102)(98)
Total current receivables – net$3,324 $3,525 
(1) Chargebacks, which are primarily related to our PDx business, are generally settled through issuance of credits, typically within one month of initial recognition, and are recorded as a reduction to current customer receivables. Balances related to chargebacks were $136 million and $144 million as of March 31, 2024 and December 31, 2023, respectively.

Long-Term Receivables
As of
March 31, 2024December 31, 2023
Long-term customer receivables$57 $55 
Non-income based tax receivables25 26 
Other sundry receivables
78 73 
Long-term sundry receivables
102 99 
Allowance for credit losses
(30)(30)
Total long-term receivables – net(1)
$130 $124 
(1) Long-term receivables are recognized within All other non-current assets in the Condensed Consolidated Statements of Financial Position.