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Receivables, Net
3 Months Ended
Mar. 31, 2019
Receivables, Net  
Receivables, Net

8.     Receivables, Net

 

 

 

 

 

 

 

 

 

 

March 31,

 

December 31,

($ in millions)

    

2019

    

2018

 

 

 

 

 

 

 

Trade accounts receivable

 

$

958

 

$

812

Unbilled receivables

 

 

477

 

 

478

Less allowance for doubtful accounts

 

 

(9)

 

 

(10)

Net trade accounts receivable

 

 

1,426

 

 

1,280

Other receivables

 

 

459

 

 

522

 

 

$

1,885

 

$

1,802

 

The company has entered into several regional committed and uncommitted accounts receivable factoring programs with various financial institutions for certain of its receivables. The programs are accounted for as true sales of the receivables, without recourse to Ball, and had combined limits of approximately $1.2 billion at March 31,  2019, and December 31, 2018. A total of $192 million and $178 million were available for sale under these programs as of March 31,  2019, and December 31, 2018, respectively.

 

Other receivables include income and sales tax receivables, related party receivables and other miscellaneous receivables. See Note 4 for further details of related party receivables.