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Other Assets
12 Months Ended
Dec. 31, 2023
Other Assets  
Other Assets

8. Other Assets

Other assets (noncurrent) consist of the following at December 31, 2023 and 2022:

    

2023

    

2022

 

Right of use lease assets

$

220

$

225

Repair parts

154

120

Deferred tax assets

107

117

Deferred returnable packaging costs

 

103

 

90

Capitalized software

 

42

 

44

Value added taxes

 

17

 

15

Other

 

51

 

55

$

694

$

666

Capitalized software includes costs related to the acquisition and development of internal-use software. These costs are amortized over the estimated useful life of the software. Amortization expense for capitalized software was $9 million, $10 million and $11 million for 2023, 2022 and 2021, respectively. Estimated amortization related to capitalized software through 2028 is as follows: 2024, $8 million; 2025, $7 million; 2026, $6 million; 2027, $6 million and 2028, $5 million.