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Accounts receivable, net
6 Months Ended
Jun. 30, 2024
Receivables [Abstract]  
Accounts receivable, net
5. Accounts receivable, net
Accounts receivable, net, were:
June 30December 31June 30
in $ millions202420232023
Trade receivables4,7883,5744,957
Construction contract assets887716906
Total accounts receivable5,6754,2905,863
Less: allowance for credit losses(142)(149)(139)
Other current receivables360366395
Total accounts receivable, net5,8934,5076,119
Of the total Accounts receivable, net balances $34 million, $27 million and $39 million at June 30, 2024, December 31, 2023 and June 30, 2023, respectively, were due from equity method investments.

The changes in the allowance for credit losses were as follows:
in $ millions20242023
At January 1149125
Charge-offs(5)(8)
Provision for credit losses-19
Foreign currency translation and other(2)3
At June 30142139