XML 41 R31.htm IDEA: XBRL DOCUMENT
v3.21.2

Other Assets and Liabilities, Current and Noncurrent (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2021
Other Assets [Abstract] |
Schedule of Other Assets | Other assets consisted of the following amounts:
(DOLLARS IN MILLIONS) | September 30, 2021 |  | December 31, 2020
Finance lease right-of-use assets | $ | 20 |  |  | $ | 8 |
Deferred income taxes | 114 |  |  | 197 |
Overfunded pension plans | 120 |  |  | 101 |
Cash surrender value of life insurance contracts | 51 |  |  | 49 |
Other(1) | 197 |  |  | 63 |
Total | $ | 502 |  |  | $ | 418 |
_______________________ (1)Includes land usage rights in China and long term deposits.
Schedule of Other Current Assets | Other current assets consisted of the following amounts:
(DOLLARS IN MILLIONS) | September 30, 2021 |  | December 31, 2020
Value-added tax receivable | $ | 191 |  |  | $ | 93 |
Income tax receivable | 84 |  |  | 100 |
Prepaid expenses | 297 |  |  | 100 |
Other | 145 |  |  | 49 |
Total | $ | 717 |  |  | $ | 342 |
Other Current Liabilities | Other current liabilities consisted of the following amounts:
(DOLLARS IN MILLIONS) | September 30, 2021 |  | December 31, 2020
Rebates and incentives payable | $ | 101 |  |  | $ | 64 |
Value-added tax payable | 54 |  |  | 20 |
Interest payable | 69 |  |  | 29 |
Current pension and other postretirement benefit obligation | 11 |  |  | 13 |
Accrued insurance (including workers’ compensation) | 8 |  |  | 11 |
Earn outs payable | 2 |  |  | 14 |
Restructuring and other charges | 36 |  |  | 14 |
Current operating lease obligation | 108 |  |  | 41 |
Current financing lease obligation | 4 |  |  | 3 |
Accrued income taxes | 52 |  |  | 42 |
Other accounts payable and accrued expenses payable | 290 |  |  | 160 |
Other | 218 |  |  | 88 |
Total | $ | 953 |  |  | $ | 499 |

X
- References No definition available. + Details
Name: | us-gaap_OtherAssetsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of other current liabilities. + References No definition available. + Details
Name: | us-gaap_OtherCurrentLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the carrying amounts of other assets. This disclosure includes other current assets and other noncurrent assets. + References No definition available. + Details
Name: | us-gaap_ScheduleOfOtherAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the carrying amounts of other current assets. + References No definition available. + Details
Name: | us-gaap_ScheduleOfOtherCurrentAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration