Accounts Receivable

12 Months Ended

Dec. 31, 2024

Receivables [Abstract]

Accounts Receivable

Note 7—Accounts Receivable

The following table presents details of our accounts receivable balances:

	As of December 31,
	2024		2023
	(Dollars in millions)
Trade and purchased receivables	$	295	287
Earned and unbilled (credits) receivables	(67)		(15)
Other	28		23
Total accounts receivable	256		295
Less: allowance for credit losses	(29)		(34)
Accounts receivable, less allowance	$	227	261

We are exposed to concentrations of credit risk from our customers. We generally do not require collateral to secure our receivable balances. We have agreements with other telecommunications service providers whereby we agree to bill and collect on their behalf for services rendered by those providers to our customers within our local service area. We purchase accounts receivable from other telecommunications service providers primarily on a recourse basis and include these amounts in our accounts receivable balance. We have not experienced any significant loss associated with these purchased receivables.