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Leases (Tables)
9 Months Ended
Sep. 30, 2022
Leases [Abstract]  
Lessee right-of-use assets and liabilities

    

September 30, 

    

December 31, 

2022

2021

(in millions)

Operating Leases:

  

  

Right-of-use assets (other assets)

$

416

$

467

Lease liabilities (accrued expenses and other liabilities)

 

424

 

479

Financing Leases:

 

 

Right-of-use assets (property, plant and equipment, net)

 

49

 

56

Lease liabilities (debt)

 

66

 

72

Operating lease term and discount rate

    

Right-Of-Use

    

Lease

    

    

Discount

 

Operating Leases as of September 30, 2022

Assets

Liabilities

Lease Term

Rate

 

(in millions)

Energy

$

35

$

35

3.9 years

5.1%

Automotive

 

330

 

340

    

4.5 years

    

5.7%

Food Packaging

 

24

 

27

 

10.3 years

 

7.4%

Other segments and Holding Company

 

27

 

22

 

  

 

  

$

416

$

424

    

Right-Of-Use

    

Lease

    

    

Discount

Operating Leases as of December 31, 2021

Assets

Liabilities

Lease Term

Rate

(in millions)

Energy

$

37

$

37

4.1 years

5.4%

Automotive

 

369

 

385

    

4.9 years

    

5.8%

Food Packaging

 

28

 

31

 

10.5 years

 

7.4%

Other segments and Holding Company

 

33

 

26

 

  

 

  

$

467

$

479