Credit Losses on Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2022

Credit Loss [Abstract]

Activity in allowance for credit losses

The following table presents the activity of our allowance for credit losses for our accounts receivable portfolio:

	(Dollars in millions)
Beginning balance at December 31, 2021(1)	$	39
Provision for expected losses	2
Write-offs charged against the allowance	(17)
Recoveries collected	2
Foreign currency exchange rate change adjustment	1
Ending balance at September 30, 2022	$	27

(1)As of December 31, 2021, amount excludes allowance for credit losses classified as held for sale of $3 million. See Note 2—Recently Completed Divestiture of the Latin American Business