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ALL OTHER ASSETS
12 Months Ended
Dec. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
ALL OTHER ASSETS
NOTE 9. ALL OTHER ASSETS
December 3120222021
Derivative instruments (Note 22)$482 $684 
Assets held for sale95 208 
Prepaid taxes and deferred charges395 341 
Cash collateral on derivatives— 76 
Accrued interest and investment income457 426 
Other93 199 
All other current assets $1,521 $1,933 
Equity method and other investments8,554 7,840 
Long-term receivables (Note 4)1,672 2,097 
Prepaid taxes and deferred charges670 800 
Insurance receivables2,315 4,705 
Insurance cash and cash equivalents(a)619 353 
Pension surplus2,578 2,784 
Other591 461 
All other non-current assets$16,998 $19,040 
Total All other assets$18,520 $20,973 
(a) Cash and cash equivalents in our insurance entities are subject to regulatory restrictions and used for operations of those entities. Therefore, the balance is included in All other assets.

Equity method investments. Unconsolidated entities over which we have significant influence are accounted for as equity method investments and presented on a one-line basis in All other assets on our Statement of Financial Position. Equity method income includes our share of the results of unconsolidated entities, gains (loss) from sales and impairments of investments, which is included in Other income and in Insurance revenues in our Statement of Earnings (Loss). See Note 1 for further information.

Equity method investment balanceEquity method income (loss)
December 3120222021202220212020
Aerospace$1,931 $2,000 $149 $58 $(41)
Renewable Energy752 739 32 39 13 
Power960 977 89 23 43 
HealthCare182 223 13 27 
Corporate(a)3,991 3,451 103 68 23 
Total consolidated$7,815 $7,391 $386 $215 $46 
(a) Equity method investments within Corporate include investments held by EFS of $1,975 million and $1,943 million and held by our run-off insurance operations of $1,980 million and $1,480 million as of December 31, 2022 and 2021, respectively.