Receivables, Loans, Notes Receivable, and Others (Tables)

3 Months Ended

Mar. 31, 2021

Accounts receivable, net consisted of the following:


(dollars in millions)	March 31, 2021		December 31, 2020
Accounts receivable	$	10,557	$	9,800
Allowance for expected credit losses	(520)		(546)
Total accounts receivable, net	$	10,037	$	9,254

Accounts Receivable, Allowance for Credit Loss

The changes in the allowance for expected credit losses related to Accounts receivable were as follows:


	Quarter Ended March 31,
(dollars in millions)	2021		2020
Balance as of January 1	$	546	$	254
Current period provision for expected credit losses, net of recoveries (1)	(20)		47
Write-offs charged against the allowance for expected credit losses	(5)		(2)
Other, net(2)	(1)		9
Balance as of March 31,	$	520	$	308

(1) The current provision for expected credit losses for the quarter ended March 31, 2020 includes $38 million of reserves driven by customer bankruptcies and additional reserves for credit losses primarily due to the current economic environment primarily caused by the COVID-19 pandemic.

(2) Other, net for the quarter ended March 31, 2020 includes a $34 million impact related to the January 1, 2020 adoption of ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.