XML 26 R14.htm IDEA: XBRL DOCUMENT v3.23.1
Receivables, Net
3 Months Ended
Mar. 31, 2023
Receivables, Net  
Receivables, Net

8.     Receivables, Net

March 31,

December 31,

($ in millions)

2023

    

2022

Trade accounts receivable

$

1,260

$

1,373

Unbilled receivables

824

746

Less: Allowance for doubtful accounts

(12)

(12)

Net trade accounts receivable

2,072

2,107

Other receivables

489

487

$

2,561

$

2,594

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 and had combined limits of approximately $1.96 billion and $2.04 billion at March 31, 2023, and December 31, 2022, respectively. A total of $383 million and $488 million were available for sale under these programs as of March 31, 2023, and December 31, 2022, respectively.

Other receivables include income and indirect tax receivables, aluminum scrap sale receivables and other miscellaneous receivables.