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CURRENT AND LONG-TERM RECEIVABLES (Tables)
9 Months Ended
Sep. 30, 2024
Receivables [Abstract]  
Schedule of Receivables and Allowance for Credit Losses
CURRENT RECEIVABLESSeptember 30, 2024December 31, 2023
Customer receivables$7,069 $6,397 
Revenue sharing and other partner receivables(a)1,201 1,252 
Non-income based tax receivables135 129 
Supplier advances481 401 
Receivables from disposed businesses101 121 
Other sundry receivables113 534 
Allowance for credit losses(b)(165)(132)
Total current receivables$8,936 $8,703 
(a) Revenue sharing and other partner receivables are primarily amounts due from revenue sharing partners who participate in engine programs by developing and supplying certain engine components through the life of the program or other partners who support our production or aftermarket activities. The revenue sharing partners share in program revenues, receive a share of customer progress payments and share costs related to discounts and warranties.
(b) Allowance for credit losses increased primarily due to new provisions of $41 million.
LONG-TERM RECEIVABLESSeptember 30, 2024December 31, 2023
Long-term customer receivables
$143 $163 
Supplier advances36 32 
Sundry receivables108 158 
Allowance for credit losses(1)(4)
Total long-term receivables $287 $349