XML 29 R17.htm IDEA: XBRL DOCUMENT v3.24.2
Accounts Receivable, Net and Customer Contract Related Liabilities (Tables)
 6 Months Ended
Jun. 30, 2024
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]  
Schedule of accounts, notes, loans and financing receivable
Accounts receivable consists of the following:
June 30,
2024		December 31,
2023
(In millions)
Casino
$555 $483 
Rooms
31 33 
Mall
21 126 
Other
35 43 
642 685 
Less - provision for credit losses
(206)(201)
$436 $484 
Accounts receivable, provision for credit losses
The following table shows the movement in the provision for credit losses recognized for accounts receivable:
20242023
(In millions)
Balance at January 1$201 $217 
Current period provision for (recovery of) credit losses
15 (1)
Write-offs(7)(11)
Recoveries of receivables previously written-off
1 — 
Exchange rate impact
(4)(2)
Balance at June 30
$206 $203 
Customer contract related liabilities
The following table summarizes the liability activity related to contracts with customers:
Outstanding Chip LiabilityLoyalty Program Liability
Customer Deposits and Other Deferred Revenue(1)
202420232024202320242023
(In millions)
Balance at January 1$135 $81 $45 $72 $690 $614 
Balance at June 30
109 137 39 66 713 654 
Increase (decrease)$(26)$56 $(6)$(6)$23 $40 
____________________
(1)Of this amount, $171 million and $167 million as of June 30 and January 1, 2024, respectively, and $154 million and $149 million as of June 30 and January 1, 2023, respectively, related to mall deposits that are accounted for based on lease terms usually greater than one year.