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Leases (Tables)
 12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Schedule of Components of Lease Expense
The components of lease expense for the years ended December 31, 2022, 2021 and 2020 were as follows:
($ in millions)Classification in the Consolidated Statement of Income202220212020
Operating lease costCost of sales, exclusive of depreciation and amortization$43 $41 $34 
Operating lease costSelling, general and administrative216 219 206 
Total operating lease cost$259 $260 $240 
Finance lease cost:
Amortization of right-of-use assetsDepreciation$2 $2 $2 
Interest on lease liabilitiesInterest expense1 1 1 
Total finance lease cost$3 $3 $3 
Total lease cost$262 $263 $243 
Total operating lease cost for the years ended December 31, 2022, 2021 and 2020 is inclusive of the following:
($ in millions)202220212020
Variable lease costs$18 $18 $17 
Short-term lease costs$22 $16 $8 
The lease amounts included in
Schedule of Classification on the Condensed Consolidated Balance Sheet
($ in millions)Classification on the Consolidated Balance Sheet20222021
Assets:
OperatingOperating lease right-of-use assets$829 $891 
Finance(1)
Property, plant, and equipment, net15 13 
Total leased assets$844 $904 
Liabilities:
Current
OperatingCurrent portion of operating lease liabilities$183 $192 
FinanceShort-term debt and current portion of long-term debt3 3 
Noncurrent
OperatingOperating lease liabilities$636 $693 
FinanceLong-term debt7 7 
Total lease liabilities$829 $895 
(1)Net of accumulated depreciation of $14 million and $13 million as of December 31, 2022 and 2021, respectively.
Supplemental cash flow information related to leases for the years ended December 31, 2022, 2021 and 2020 was as follows:
Schedule of Cash Paid for Lease Liabilities and Right-of-Use Assets Obtained in Exchange for Lease Obligations
($ in millions)202220212020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows paid for operating leases$218 $224 $212 
Operating cash flows paid for finance leases$1 $1 $1 
Financing cash flows paid for finance leases$2 $3 $2 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$161 $253 $227 
Finance leases$3 $— $4 
Lease terms and discount rates as of December 31, 2022, 2021 and 2020 were as follows:
Schedule of Weighted-Average Remaining Lease Term and Weighted-Average Discount Rate
202220212020
Weighted-average remaining lease term (in years)
Operating leases6.77.17.4
Finance leases9.06.46.1
Weighted-average discount rate
Operating leases2.6 %2.1 %2.4 %
Finance leases5.7 %5.8 %7.0 %
Schedule of Maturities of Lease Liabilities, Operating Lease
As of December 31, 2022, maturities of lease liabilities were as follows:
($ in millions)Operating LeasesFinance Leases
2023$201 $3 
2024166 2 
2025129 2 
2026100 1 
202778 1 
Thereafter219 3 
Total lease payments$893 $12 
Less: Interest74 2 
Total lease obligations$819 $10 
Schedule of Maturities of Lease Liabilities, Finance Lease
As of December 31, 2022, maturities of lease liabilities were as follows:
($ in millions)Operating LeasesFinance Leases
2023$201 $3 
2024166 2 
2025129 2 
2026100 1 
202778 1 
Thereafter219 3 
Total lease payments$893 $12 
Less: Interest74 2 
Total lease obligations$819 $10