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Receivables
9 Months Ended
Sep. 30, 2017
Receivables  
Receivables

6.     Receivables

 

 

 

 

 

 

 

 

 

 

September 30,

 

December 31,

($ in millions)

    

2017

    

2016

 

 

 

 

 

 

 

Trade accounts receivable

 

$

1,435

 

$

1,169

Less allowance for doubtful accounts

 

 

(10)

 

 

(11)

Net trade accounts receivable

 

 

1,425

 

 

1,158

Other receivables

 

 

368

 

 

333

 

 

$

1,793

 

$

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 $1 billion at September 30, 2017. A total of $646 million and $596 million were sold under such programs as of September 30, 2017, and December 31, 2016, respectively.