Receivables, Net

6 Months Ended

Jun. 30, 2025

Receivables, Net

Receivables, Net

8.     Receivables, Net

	June 30,		December 31,
($ in millions)	2025		2024
Trade accounts receivable	$	1,775	$	1,258
Unbilled receivables		589		490
Less: Allowance for doubtful accounts		(14)		(12)
Net trade accounts receivable		2,350		1,736
Other receivables		547		430
	$	2,897	$	2,166

The company has entered into several regional 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, with limited recourse to Ball, and had combined limits of approximately $1.78 billion and $1.60 billion at June 30, 2025, and December 31, 2024, respectively. A total of $602 million and $428 million were available for sale under these programs as of June 30, 2025, and December 31, 2024, respectively. The company has recorded expense related to its factoring programs of $9 million and $10 million for the three months ended June 30, 2025 and 2024, respectively, and $19 million and $23 million for the six months ended June 30, 2025 and 2024, respectively, and has presented these amounts in selling, general and administrative in its unaudited condensed consolidated statements of earnings.

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