ACCOUNTS RECEIVABLE AND OTHER FINANCIAL ASSETS (Tables)

9 Months Ended

Sep. 30, 2021

Receivables [Abstract]

Activity of the allowance for expected credit losses on receivables

The following table summarizes the activity of the allowance for expected credit losses on receivables (in millions):

	Nine Months Ended September 30,
	2021		2020
Balance, beginning of year	$	166	$	49
Provision charged to earnings	44		206
Write-offs and adjustments	(96)		(59)
Foreign currency translation adjustments	(4)		12
Balance, end of period	$	110	$	208

Activity of the allowance for expected credit losses on prepayments to customers

The following table summarizes the activity of the allowance for expected credit losses on prepayments to customers (in millions):

	Nine Months Ended September 30,
	2021		2020
Balance, beginning of year	$	55	$	6
Provision charged to expense	(2)		49
Write-offs and adjustments	(3)		(1)
Balance, end of period	$	50	$	54