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Other receivables
3 Months Ended
Mar. 31, 2024
Receivables [Abstract]  
Other receivables

Note 9. Other receivables

Other receivables are comprised of the following (in millions).

 

March 31,
2024

 

 

December 31,
2023

 

Insurance and other:

 

 

 

 

 

Insurance premiums receivable

$

19,695

 

 

$

19,052

 

Reinsurance recoverables

 

5,421

 

 

 

7,060

 

Trade receivables

 

15,263

 

 

 

14,449

 

Other

 

7,048

 

 

 

4,269

 

Allowances for credit losses

 

(655

)

 

 

(656

)

$

46,772

 

 

$

44,174

 

Railroad, utilities and energy:

 

 

 

 

 

Trade receivables

$

5,378

 

 

$

6,034

 

Other

 

851

 

 

 

1,228

 

Allowances for credit losses

 

(166

)

 

 

(176

)

$

6,063

 

 

$

7,086

 

 

Aggregate provisions for credit losses in the first quarter with respect to receivables in the preceding table were $107 million in 2024 and $151 million in 2023. Charge-offs, net of recoveries, in the first quarter were $116 million in 2024 and $149 million in 2023.