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Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Lessee right-of-use assets and liabilities

    

December 31, 

2022

    

2021

(in millions)

Operating Leases:

  

  

Right-of-use assets (other assets)

$

478

$

467

Lease liabilities (accrued expenses and other liabilities)

 

484

 

479

Financing Leases:

 

 

Right-of-use assets (property, plant and equipment, net)

 

48

 

56

Lease liabilities (debt)

 

64

 

72

Operating lease term and discount rate

    

Right-Of-Use

    

Lease

    

    

Discount

 

Operating Leases as of December 31, 2022

Assets

Liabilities

Lease Term

Rate

 

(in millions)

Energy

$

40

$

40

4.1 years

5.2%

Automotive

 

386

 

395

    

4.7 years

    

5.9%

Food Packaging

 

24

 

27

 

9.8 years

 

7.4%

Other segments and Holding Company

 

28

 

22

 

  

 

  

$

478

$

484

    

Right-Of-Use

    

Lease

    

    

Discount

Operating Leases as of December 31, 2021

Assets

Liabilities

Lease Term

Rate

(in millions)

Energy

$

37

$

37

4.1 years

5.4%

Automotive

 

369

 

385

    

4.9 years

    

5.8%

Food Packaging

 

28

 

31

 

10.5 years

 

7.4%

Other segments and Holding Company

 

33

 

26

 

  

 

  

$

467

$

479

Operating and Finance Lease liability maturities

Operating

Financing

Year

    

Leases

    

Leases

(in millions)

2023

$

154

$

14

2024

 

121

 

13

2025

 

94

 

12

2026

 

76

 

12

2027

 

52

 

12

Thereafter

 

79

 

20

Total lease payments

 

576

 

83

Less: imputed interest

 

(92)

 

(19)

$

484

$

64