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Other Current Assets and Liabilities, and Other Assets
 9 Months Ended
Sep. 30, 2025
Other Assets [Abstract]  
Other Current Assets and Liabilities, and Other Assets OTHER CURRENT ASSETS AND LIABILITIES, AND OTHER ASSETS
Prepaid expenses and other current assets consisted of the following amounts:
(DOLLARS IN MILLIONS)September 30, 2025December 31, 2024
Value-added tax receivable$136 $118 
Prepaid income taxes267 177 
Deferred charges34 44 
Packaging materials and supplies126 123 
Prepaid expenses180 159 
Earnout receivable100 — 
Other68 65 
Total$911 $686 
Other assets consisted of the following amounts:
(DOLLARS IN MILLIONS)September 30, 2025December 31, 2024
Deferred income taxes$233 $240 
Overfunded pension plans179 144 
Cash surrender value of life insurance contracts55 52 
Finance lease right-of-use assets32 27 
Equity method investments15 10 
Long-term receivables(1)
257 153 
Other(2)
211 281 
Total$982 $907 
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(1)Primarily relates to long-term tax receivables due to an operating loss carryback, long-term uncertain tax benefits, and receivables from certain government authorities, which the Company has corresponding payables to DuPont in relation to the N&B Transaction in 2021.
(2)Includes land usage rights in China.

Other current liabilities consisted of the following amounts:
(DOLLARS IN MILLIONS)September 30, 2025December 31, 2024
Rebates and incentives payable$104 $111 
Value-added tax payable36 24 
Interest payable35 42 
Current pension and other postretirement benefit obligation14 12 
Accrued restructuring33 3 
Current operating lease obligation93 82 
Accrued income taxes226 129 
Accrued expenses payable304 203 
Other199 196 
Total$1,044 $802