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Other receivables
 3 Months Ended
Mar. 31, 2023
Receivables [Abstract]  
Other receivables

Note 9. Other receivables

Other receivables are comprised of the following (in millions). Receivables of the railroad, utilities and energy businesses at March 31, 2023 included approximately $2.1 billion related to Pilot.

 

 

March 31,
2023

 

 

December 31,
2022

 

Insurance and other:

 

 

 

 

 

Insurance premiums receivable

$

19,212

 

 

$

18,395

 

Reinsurance recoverables

 

7,191

 

 

 

7,106

 

Trade receivables

 

15,069

 

 

 

14,510

 

Other

 

4,871

 

 

 

4,154

 

Allowances for credit losses

 

(669

)

 

 

(675

)

$

45,674

 

 

$

43,490

 

Railroad, utilities and energy:

 

 

 

 

 

Trade receivables

$

5,855

 

 

$

4,182

 

Other

 

1,112

 

 

 

754

 

Allowances for credit losses

 

(153

)

 

 

(141

)

$

6,814

 

 

$

4,795

 

 

Provisions for credit losses in the first quarter with respect to receivables summarized above were $151 million in 2023 and $92 million in 2022. Charge-offs, net of recoveries, in the first quarter were $149 million in 2023 and $95 million in 2022.