Leases (Tables)

12 Months Ended

Dec. 31, 2020

Leases [Abstract]

Lessee right-of-use assets and liabilities

	December 31,
	2020		2019
	(in millions)
Operating Leases:
Right-of-use assets (other assets)	$	552	$	624
Lease liabilities (accrued expenses and other liabilities)		570		647
Financing Leases:
Right-of-use assets (property, plant and equipment, net)		65		77
Lease liabilities (debt)		81		93

Operating lease term and discount rate

	Right-Of-Use		Lease			Discount
Operating Leases as of December 31, 2020	Assets		Liabilities		Lease Term	Rate
	(in millions)
Energy	$	37	$	38	3.1 years	5.5%
Automotive		436		456	4.6 years	5.7%
Food Packaging		32		36	11.1 years	7.4%
Other segments and Holding Company		47		40
	$	552	$	570

	Right-Of-Use		Lease			Discount
Operating Leases as of December 31, 2019	Assets		Liabilities		Lease Term	Rate
	(in millions)
Energy	$	48	$	48	3.7 years	5.6%
Automotive		501		527	5.2 years	5.7%
Food Packaging		34		38	11.7 years	7.4%
Other segments and Holding Company		41		34
	$	624	$	647

Operating and Finance Lease liability maturities

	Operating		Financing
Year	Leases		Leases
	(in millions)
2021	$	181	$	18
2022		152		14
2023		100		12
2024		73		12
2025		49		13
Thereafter		121		43
Total lease payments		676		112
Less: imputed interest		(106)		(31)
	$	570	$	81