Supplemental Cash Flow Statement Disclosures

9 Months Ended

Sep. 30, 2021

Supplemental Cash Flow Statement Disclosures

Cash and Cash Equivalents Disclosure [Text Block]

7. Supplemental Cash Flow Statement Disclosures

	September 30,
($ 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	$	1,446	$	771
Current restricted cash (included in other current assets)		12		12
Total cash, cash equivalents and restricted cash	$	1,458	$	783

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 $550 million at September 30, 2021, and $409 million at December 31, 2020.