Long-term Financing and Sales of Receivables (Tables)

12 Months Ended

Dec. 31, 2023

Receivables [Abstract]

Long-Term Financing

Long-term receivables consist of receivables with payment terms greater than twelve months, long-term loans and lease receivables under sales-type leases. Long-term receivables consist of the following:

December 31	2023		2022
Long-term receivables, gross	$	36	$	40
Less allowance for losses	(2)		(2)
Long-term receivables	$	34	$	38
Less current portion	(13)		(13)
Non-current long-term receivables	$	21	$	25

Proceeds Received from Non-Recourse Sales of Accounts Receivable And Long-Term Receivables

The following table summarizes the proceeds received from sales of accounts receivable and long-term receivables for the years ended December 31, 2023, 2022 and 2021. 

Years ended December 31	2023		2022		2021
Contract-specific discounting facility	$	—	$	49	$	211
Accounts receivable sales proceeds	96		179		56
Long-term receivables sales proceeds	182		204		248
Total proceeds from receivable sales	$	278	$	432	$	515

Financing Receivables Aging Analysis

An aging analysis of financing receivables at December 31, 2023 and December 31, 2022 is as follows: 

December 31, 2023	Total Long-term Receivable		Current Billed Due		Past Due Under 90 Days		Past Due Over 90 Days
Municipal leases secured tax exempt	$	15	$	1	$	1	$	1
Commercial loans and leases secured	21		1		—		1
Long-term receivables, including current portion	$	36	$	2	$	1	$	2

December 31, 2022	Total Long-term Receivable		Current Billed Due		Past Due Under 90 Days		Past Due Over 90 Days
Municipal leases secured tax exempt	$	22	$	1	$	1	$	1
Commercial loans and leases secured	18		—		—		2
Long-term receivables, including current portion	$	40	$	1	$	1	$	3