XML 30 R19.htm IDEA: XBRL DOCUMENT v3.23.2
Other receivables
 6 Months Ended
Jun. 30, 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 June 30, 2023 included approximately $1.6 billion related to Pilot.

 

June 30,
2023

 

 

December 31,
2022

 

Insurance and other:

 

 

 

 

 

Insurance premiums receivable

$

19,700

 

 

$

18,395

 

Reinsurance recoverables

 

7,186

 

 

 

7,106

 

Trade receivables

 

15,160

 

 

 

14,510

 

Other

 

4,204

 

 

 

4,154

 

Allowances for credit losses

 

(660

)

 

 

(675

)

$

45,590

 

 

$

43,490

 

Railroad, utilities and energy:

 

 

 

 

 

Trade receivables

$

5,228

 

 

$

4,182

 

Other

 

998

 

 

 

754

 

Allowances for credit losses

 

(159

)

 

 

(141

)

$

6,067

 

 

$

4,795

 

 

Provisions for credit losses in the first six months with respect to these receivables were $278 million in 2023 and $211 million in 2022. Charge-offs, net of recoveries, in the first six months were $280 million in 2023 and $189 million in 2022.