Supplemental Cash Flow Statement Disclosures

3 Months Ended

Mar. 31, 2021

Supplemental Cash Flow Statement Disclosures

Cash and Cash Equivalents Disclosure [Text Block]

7. Supplemental Cash Flow Statement Disclosures

	March 31,
($ in millions)	2021		2020
Beginning of period:
Cash and cash equivalents	$	1,366	$	1,798
Current restricted cash (included in other current assets)		15		8
Total cash, cash equivalents and restricted cash	$	1,381	$	1,806
End of period:
Cash and cash equivalents	$	461	$	801
Current restricted cash (included in other current assets)		10		10
Total cash, cash equivalents and restricted cash	$	471	$	811

The company’s restricted cash is primarily related to receivables factoring programs and represents amounts collected from customers that have not yet been remitted to the banks as of the end of the reporting period.

Noncash investing activities include the acquisition of property, plant and equipment (PP&E) for which payment has not been made. These noncash capital expenditures are excluded from the statement of cash flows. The PP&E acquired but not yet paid for amounted to approximately $515 million at March 31, 2021, and $409 million at December 31, 2020.