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FINANCING RECEIVABLES
6 Months Ended
Jun. 30, 2024
Receivables [Abstract]  
FINANCING RECEIVABLES FINANCING RECEIVABLES
As of
June 30, 2024December 31, 2023
Loans receivable, at amortized cost
$26 $29 
Investment in financing leases, net of deferred income70 71 
Allowance for credit losses(3)(3)
Current financing receivables – net(1)
93 97 
Loans receivable, at amortized cost
33 37 
Investment in financing leases, net of deferred income144 146 
Allowance for credit losses(5)(5)
Non-current financing receivables – net(1)
$172 $178 
(1) Current financing receivables and non-current financing receivables are recognized within All other current assets and All other non-current assets, respectively, in the Condensed Consolidated Statements of Financial Position.

As of June 30, 2024, 4%, 4%, and 4% of financing receivables were over 30 days past due, over 90 days past due, and on nonaccrual, respectively, with the majority of nonaccrual financing receivables secured by collateral. As of December 31, 2023, 5%, 5%, and 6% of financing receivables were over 30 days past due, over 90 days past due, and on nonaccrual, respectively, with the majority of nonaccrual financing receivables secured by collateral.