Accounts receivable, net (Tables)

12 Months Ended

Dec. 31, 2024

Receivables [Abstract]

Summary of accounts receivable

Accounts receivable, net at December 31 were:

in $ millions	2024	2023
Trade receivables	3,829	3,574
Construction contract assets	690	716
Total accounts receivable	4,519	4,290
Less: allowance for credit losses	(140)	(149)
Other current receivables	441	366
Total accounts receivable, net	4,820	4,507

Movement in credit loss allowance

The changes in the allowance for credit losses at December 31 were as follows:

in $ millions	2024	2023	2022
At January 1	149	125	131
Charge-offs	(14)	(18)	(19)
Provision for credit losses	7	39	24
Foreign currency translation and other	(2)	3	(11)
At December 31	140	149	125