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Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases  
Schedule of components of lease expense

December 31,

($ in millions)

2022

    

2021

Operating lease expense

$

(110)

$

(94)

Financing lease expense

(2)

(2)

Variable lease expense

(22)

(20)

Sublease income

3

3

Net lease expense

$

(131)

$

(113)

Schedule of supplemental cash flow information related to leases

December 31,

($ in millions)

2022

    

2021

Cash paid for amounts included in the measurements of lease liabilities:

Operating cash outflows for operating leases

$

(99)

$

(87)

Financing cash outflows for finance leases

(2)

(2)

ROU assets obtained in exchange for:

Operating lease obligations

118

182

Finance lease obligations

5

Schedule of supplemental balance sheet information related to leases

December 31,

($ in millions)

Balance Sheet Location

2022

2021

Operating leases:

Operating lease ROU asset

Other assets

$

434

$

420

Current operating lease liabilities

Other current liabilities

91

80

Noncurrent operating lease liabilities

Other liabilities

349

340

Finance leases:

Finance lease ROU assets, net

Property, plant and equipment, net

11

14

Current finance lease liabilities

Short-term debt and current portion of long-term debt

2

2

Noncurrent finance lease liabilities

Long-term debt

10

12

Schedule of weighted average remaining lease term and weighted average discount rate of leases

December 31,

2022

2021

Weighted average remaining lease term in years:

Operating leases

10

10

Finance leases

6

7

Weighted average discount rate:

Operating leases

3.8

%

3.7

%

Finance leases

3.0

%

3.0

%

Schedule of the maturities of lease liabilities

($ in millions)

Operating Leases

Finance Leases

2023

$

104

$

3

2024

84

3

2025

63

2

2026

50

1

2027

43

1

Thereafter

203

3

Future value of lease liabilities

547

13

Less: Imputed interest

(107)

(1)

Present value of lease liabilities

$

440

$

12