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Other Current Liabilities (Tables)
12 Months Ended
Dec. 31, 2022
Other Liabilities Disclosure [Abstract]  
Summary of Other Current Liabilities

Other current liabilities consist of the following (dollars in millions):

 

 

 

As of December 31,
2022

 

 

As of December 31,
2021

 

Payroll and related costs

 

$

72

 

 

$

80

 

Sales allowances

 

 

42

 

 

 

39

 

Taxes payable

 

 

31

 

 

 

14

 

Accrued interest payable

 

 

24

 

 

 

24

 

Vendor buyback obligation

 

 

16

 

 

 

16

 

Lease liability

 

 

4

 

 

 

4

 

Derivative liabilities

 

 

 

 

 

10

 

Other accruals

 

 

19

 

 

 

17

 

Total

 

$

208

 

 

$

204