Accounts and Notes Receivable, Net (Tables)

3 Months Ended

Mar. 31, 2025

Schedule of Accounts, Notes, Loans and Financing Receivable

The following table sets forth the components of the Company’s accounts and notes receivable, net at March 31, 2025 and December 31, 2024.


	March 31, 2025		December 31, 2024
Accounts receivable - trade, net (1)	$	704	$	619
VAT, GST, and other taxes (2)		123		114
Other receivables (3)		31		37
Total accounts and notes receivable, net	$	858	$	770

(1)

Accounts receivable - trade, net includes trade notes receivable of $4 and $1 and is net of allowances for doubtful accounts of $1 and $2 at March 31, 2025 and December 31, 2024, respectively. Such allowances are equal to the estimated uncollectible amounts.

(2)

Value added tax (“VAT”) and goods and services tax (“GST”) for various jurisdictions.

(3)

Other receivables consist of derivative instruments, advances, and other deposits including receivables under the terms of the MOU. For details of the MOU, see “Note 16 – Commitments and Contingent Liabilities”.