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Receivables
3 Months Ended
Mar. 31, 2017
Receivables  
Receivables

6.     Receivables

 

 

 

 

 

 

 

 

 

 

March 31,

 

December 31,

($ in millions)

    

2017

    

2016

 

 

 

 

 

 

 

Trade accounts receivable

 

$

1,365

 

$

1,169

Less allowance for doubtful accounts

 

 

(11)

 

 

(11)

Net trade accounts receivable

 

 

1,354

 

 

1,158

Other receivables

 

 

341

 

 

333

 

 

$

1,695

 

$

1,491

 

The company has entered into several regional committed and uncommitted accounts receivable factoring programs with various financial institutions for certain receivables of the company. The programs are accounted for as true sales of the receivables, without recourse to Ball, and had combined limits of approximately $865 million at March 31, 2017. A total of $542 million and $596 million were sold under these programs as of March 31, 2017, and December 31, 2016, respectively.