v3.25.1
Leases
3 Months Ended
Mar. 31, 2025
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 and an aircraft. Supplemental balance sheet information related to the company’s leases follows:

March 31,

December 31,

($ in millions)

Balance Sheet Location

2025

2024

Operating leases:

Operating lease ROU asset

Other assets

$

332

$

334

Current operating lease liabilities

Other current liabilities

81

79

Noncurrent operating lease liabilities

Other liabilities

262

265

Finance leases:

Finance lease ROU assets, net

Property, plant and equipment, net

6

31

Current finance lease liabilities

Short-term debt and current portion of long-term debt

2

26

Noncurrent finance lease liabilities

Long-term debt

5

5