The following table sets forth the components of the Company’s other assets at March 31, 2018 and December 31, 2017
|
|
March 31, 2018 |
|
|
December 31, 2017 |
|
Capitalized repair and maintenance costs |
|
$ |
102 |
|
|
$ |
117 |
|
Pension assets (1) |
|
|
282 |
|
|
|
260 |
|
Deferred income taxes |
|
|
46 |
|
|
|
40 |
|
Miscellaneous (2) |
|
|
34 |
|
|
|
36 |
|
Total other assets |
|
$ |
464 |
|
|
$ |
453 |
|
|
(1) |
Pension assets represent the funded status of certain of the Company's long-term employee benefit plans. |
|
(2) |
Miscellaneous includes deferred financing fees related to the Company’s senior secured revolving credit facility of $8 and $9 at March 31, 2018 and December 31, 2017, respectively, and Company-owned life insurance policies on former key executives of a U.S. subsidiary. These life insurance policies have a cash surrender value of $64 at March 31, 2018 and December 31, 2017, and are presented net of outstanding loans from the policy issuer of $64 and $63 at March 31, 2018 and December 31, 2017, respectively. |
|