Accounts and Notes Receivable, Net (Tables)

12 Months Ended

Dec. 31, 2017

Receivables [Abstract]

Schedule of Accounts and Notes Receivable

	Successor		Predecessor
(In millions)	December 31, 2017		December 31, 2016
Accounts receivable – trade1	$	3,777	$	3,601
Notes receivable – trade2	199		206
Other3	1,263		1,152
Total accounts and notes receivable - net	$	5,239	$	4,959

^1.  Accounts receivable – trade is net of allowances of $10 millionat December 31, 2017 and $287 million at December 31, 2016. Allowances are equal to the estimated uncollectible amounts. That estimate is based on historical collection experience, current economic and market conditions, and review of the current status of customers' accounts.

^2.  Notes receivable – trade primarily consists of receivables within the agriculture product line for deferred payment loan programs for the sale of seed products to customers. These loans have terms of one year or less and are primarily concentrated in North America. The company maintains a rigid pre-approval process for extending credit to customers in order to manage overall risk and exposure associated with credit losses. As of December 31, 2017 and 2016, there were no significant past due notes receivable, nor were there any significant impairments related to current loan agreements.

^3.  Other includes receivables in relation to fair value of derivative instruments, indemnification assets, value added tax, general sales tax and other taxes. No individual group represents more than ten percent of total receivables.