Leases

9 Months Ended

Sep. 30, 2023

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:

		September 30,		December 31,
($ in millions)	Balance Sheet Location	2023		2022
Operating leases:
Operating lease ROU asset	Other assets	$	450	$	434
Current operating lease liabilities	Other current liabilities		96		91
Noncurrent operating lease liabilities	Other liabilities		365		349
Finance leases:
Finance lease ROU assets, net	Property, plant and equipment, net		9		11
Current finance lease liabilities	Short-term debt and current portion of long-term debt		2		2
Noncurrent finance lease liabilities	Long-term debt		8		10