Leases

9 Months Ended

Sep. 30, 2020

Leases

Leases

14.    Leases

The company enters into operating leases for buildings, warehouses, office equipment, production equipment, aircraft, land and other types of equipment. The company also enters into finance leases for certain plant equipment.

Supplemental balance sheet information related to the company’s leases follows:

($ in millions)	Balance Sheet Location	September 30, 2020		December 31, 2019
Operating leases:
Operating lease ROU asset	Other assets	$	291	$	239
Current operating lease liabilities	Other current liabilities		61		58
Noncurrent operating lease liabilities	Other liabilities		222		181
Finance leases:
Finance lease ROU assets, net	Property, plant and equipment, net	$	7	$	—
Current finance lease liabilities	Short-term debt and current portion of long-term debt		1		—
Noncurrent finance lease liabilities	Long-term debt		6		—