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RECEIVABLES
 12 Months Ended
Dec. 31, 2024
Receivables [Abstract]  
RECEIVABLES RECEIVABLES
Current Receivables
As of
December 31, 2024December 31, 2023
Current customer receivables(1)
$3,382 $3,339 
Non-income based tax receivables155 166 
Other sundry receivables131 118 
Current sundry receivables
286 284 
Allowance for credit losses(103)(98)
Total current receivables – net$3,564 $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 $153 million and $144 million as of December 31, 2024 and 2023, respectively.

Activity in the allowance for credit losses related to current receivables consisted of the following:

For the years ended December 31
202420232022
Balance at beginning of period$98 $91 $107 
Additions charged to costs and expenses20 16 2 
Write-offs(12)(11)(13)
Foreign currency exchange and other(2)2 (5)
Balance at end of period $103 $98 $91 

Long-Term Receivables
As of
December 31, 2024December 31, 2023
Long-term customer receivables$59 $55 
Non-income based tax receivables20 26 
Other sundry receivables
68 73 
Long-term sundry receivables
88 99 
Allowance for credit losses(1)
(5)(30)
Total long-term receivables – net(2)
$142 $124 
(1) For the year ended December 31, 2024, the decrease in the Allowance for credit losses is driven by a $25 million write-off of a long-term receivable that was fully reserved as of December 31, 2023. Write-offs of long-term receivables were not material for the year ended December 31, 2023.
(2) Long-term receivables are recognized within All other non-current assets in the Consolidated Statements of Financial Position.