08 » Other Current Assets
Other current assets consist of the following:
|
|
Dec. 31, 2025 |
|
Dec. 31, 2024 |
|---|---|---|---|---|
Prepaid expenses |
|
353 |
|
290 |
Return assets |
|
288 |
|
303 |
Tax receivables other than income taxes |
|
407 |
|
329 |
Contract assets |
|
12 |
|
12 |
Customs holdbacks |
|
63 |
|
— |
Sundry |
|
86 |
|
68 |
Other current assets, gross |
|
1,211 |
|
1,001 |
Less: accumulated allowances |
|
(2) |
|
(4) |
Other current assets, net |
|
1,208 |
|
997 |
Prepaid expenses mainly relate to promotion and service contracts. Customs holdbacks relate to temporary withholdings resulting from regulatory changes in the customs clearance process. The increase in the line item ‘Tax receivables other than income taxes’ relates mainly to value-added tax.