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CURRENT AND LONG-TERM RECEIVABLES
 12 Months Ended
Dec. 31, 2024
Receivables [Abstract]  
CURRENT AND LONG-TERM RECEIVABLES CURRENT AND LONG-TERM RECEIVABLES
CURRENT RECEIVABLES
December 3120242023
Customer receivables$7,385 $6,397 
Revenue sharing and other partner receivables(a)1,113 1,252 
Non-income based tax receivables128 129 
Supplier advances546 401 
Receivables from disposed businesses99 121 
Other sundry receivables162 534 
Allowance for credit losses(106)(132)
Total current receivables$9,327 $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 revenue, receive a share of customer progress payments and share costs related to discounts and warranties.

Sales of customer receivables. From time to time, the Company sells current or long-term receivables to third parties in response to customer-sponsored requests or programs, to facilitate sales, or for risk mitigation purposes. The Company sold current customer receivables to third parties and subsequently collected $494 million and $520 million in the years ended December 31, 2024 and 2023, respectively, related primarily to our participation in customer-sponsored supply chain finance programs. Within these programs, primarily in the Commercial Engines & Services business, the Company has no continuing involvement; fees associated with the transferred receivables are covered by the customer and cash is received at the original invoice value and due date.

LONG-TERM RECEIVABLES
December 3120242023
Long-term customer receivables
$122 $163 
Supplier advances50 32 
Sundry receivables106 158 
Allowance for credit losses(85)(4)
Total long-term receivables $194 $349