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Right-of-use assets and Lease liabilities
12 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Right-of-use assets and Lease liabilities Right-of-use assets and Lease liabilities
Right-of-use assets
Right-of-use assets as of December 31, 2020 and 2019 were comprised of the following:
($ millions)20202019
Land20 20 
Buildings310 277 
Machinery & equipment and other assets28 27 
Total right-of-use assets358 324 
Depreciation charges of $79 million and $66 million for the years ended December 31, 2020 and 2019, respectively, are shown in the table below by underlying class of asset:
($ millions)20202019
Land
Buildings59 47 
Machinery & equipment and other assets19 18 
Total79 66 
Additions to right-of-use assets amounted to $107 million and $116 million for the years ended December 31, 2020 and 2019, respectively.
Lease liabilities
Lease liabilities totaled $385 million as of December 31, 2020, including $70 million in current lease liabilities and $315 million in non-current lease liabilities. The contractual maturities of the undiscounted lease liabilities as of December 31, 2020 and December 31, 2019, are as follows:
Lease liabilities undiscounted
($ millions)20202019
Not later than one year8273
Between one and five years203 176 
Later than five years203 200 
Total lease liabilities undiscounted488 449 
Lease liabilities
($ millions)20202019
Not later than one year7061
Between one and five years168 140 
Later than five years147 140 
Total lease liabilities385 341 
Additional disclosures
The following table provides additional disclosures related to right-of-use assets and lease liabilities:
($ millions)20202019
Interest expense on lease liabilities13 11 
Expense on short-term, low value and variable leases
Total cash outflows for leases85 59 
Thereof:
Lease liability payments(1)
69 52 
Interest payments(2)
12 
Short-term and low value lease payments(2)
(1)     Reported as cash outflows from financing activities net of lease incentives received
(2)     Included within total net cash flows from operating activities