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FINANCING RECEIVABLES (Tables)
9 Months Ended
Sep. 30, 2024
Receivables [Abstract]  
Schedule of Receivables
Current Receivables
As of
September 30, 2024December 31, 2023
Current customer receivables(1)
$3,265 $3,339 
Non-income based tax receivables139 166 
Other sundry receivables119 118 
Current sundry receivables
257 284 
Allowance for credit losses(104)(98)
Total current receivables – net$3,418 $3,525 
(1) Chargebacks, which are primarily related to our PDx business, are generally settled through issuance of credits, typically within one month of initial recognition, and are recorded as a reduction to current customer receivables. Balances related to chargebacks were $135 million and $144 million as of September 30, 2024 and December 31, 2023, respectively.

Long-Term Receivables
As of
September 30, 2024December 31, 2023
Long-term customer receivables$72 $55 
Non-income based tax receivables23 26 
Other sundry receivables
102 73 
Long-term sundry receivables
125 99 
Allowance for credit losses
(30)(30)
Total long-term receivables – net(1)
$167 $124 
(1) Long-term receivables are recognized within All other non-current assets in the Condensed Consolidated Statements of Financial Position.
As of
September 30, 2024December 31, 2023
Loans receivable, at amortized cost
$23 $29 
Investment in financing leases, net of deferred income74 71 
Allowance for credit losses(3)(3)
Current financing receivables – net(1)
94 97 
Loans receivable, at amortized cost
32 37 
Investment in financing leases, net of deferred income151 146 
Allowance for credit losses(5)(5)
Non-current financing receivables – net(1)
$178 $178 
(1) Current financing receivables and non-current financing receivables are recognized within All other current assets and All other non-current assets, respectively, in the Condensed Consolidated Statements of Financial Position.