XML 45 R7.htm IDEA: XBRL DOCUMENT

Receivables

3 Months Ended

Mar. 31, 2015

2. Receivables

Receivables consist of the following:

	March 31,		December 31,		March 31,
	2015		2014		2014
Trade accounts receivable	$	697	$	583	$	911
Less: allowances for doubtful accounts and discounts	31		34		39
Net trade receivables	666		549		872
Other receivables	195		195		206
	$	861	$	744	$	1,078

The Company uses various factoring programs to sell certain receivables to financial institutions as part of managing its cash flows. The amount of receivables sold by the Company was $219 million, $276 million, and $151 million at March 31, 2015, December 31, 2014, and March 31, 2014, respectively. Any continuing involvement with the sold receivables is immaterial.

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

+ References+ Details