Supplemental Cash Flow Statement Disclosures

3 Months Ended

Mar. 31, 2023

Supplemental Cash Flow Statement Disclosures

Supplemental Cash Flow Statement Disclosures

7. Supplemental Cash Flow Statement Disclosures

	March 31,
($ in millions)	2023		2022
Beginning of period:
Cash and cash equivalents	$	548	$	563
Current restricted cash (included in other current assets)		10		16
Total cash, cash equivalents and restricted cash	$	558	$	579
End of period:
Cash and cash equivalents	$	572	$	437
Current restricted cash (included in other current assets)		22		9
Total cash, cash equivalents and restricted cash	$	594	$	446

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 unaudited condensed consolidated statements of cash flows. A summary of the PP&E acquired but not yet paid for is as follows:

	March 31,
($ in millions)	2023		2022
Beginning of period:
PP&E acquired but not yet paid	$	392	$	540
End of period:
PP&E acquired but not yet paid	$	321	$	528