Supplementary Information

3 Months Ended

Mar. 31, 2022

Supplementary Information

Supplementary Information

14. Supplementary Financial Statement Information

Accounts Receivable, Net

Accounts receivable, net are summarized as follows:

	As of		As of
(in millions)	March 31, 2022		December 31, 2021
Accounts receivable, net:
Accounts receivable — trade	$	1,122	$	950
Accounts receivable — other		324		193
Allowance for credit losses		(15)		(13)
Total accounts receivable	$	1,431	$	1,130

There were no significant contract assets or significant contract liabilities associated with our customers as of March 31, 2022 or December 31, 2021. Liabilities for volume discounts and incentives were also not significant as of March 31, 2022 or December 31, 2021.

Inventories

Inventories are summarized as follows:

	As of		As of
(in millions)	March 31, 2022		December 31, 2021
Finished and in process	$	762	$	688
Raw materials		428		380
Manufacturing supplies and other		116		104
Total inventories	$	1,306	$	1,172