v3.25.4
Accounts Receivable
12 Months Ended
Dec. 31, 2025
Receivables [Abstract]  
Accounts Receivable Accounts Receivable
Accounts receivable, net consists of the following:
December 31,
(Dollars in millions)20252024
Accounts receivable$335 $254 
Less allowance for credit losses(1)(1)
Accounts receivable, net
$334 $253 
The Company records accounts receivable that is not expected to be collected within one year as other noncurrent assets. As of December 31, 2025, the Company had $53 million of noncurrent accounts receivable.
The Company maintains certain agreements with financial institutions to sell certain trade receivables. See Note 4: Sale of Receivables for additional information.