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Other Assets and Liabilities, Current and Noncurrent
 9 Months Ended
Sep. 30, 2021
Other Assets [Abstract]  
Other Assets and Liabilities, Current and Noncurrent OTHER ASSETS AND LIABILITIES, CURRENT AND NONCURRENT
Other current assets consisted of the following amounts:
(DOLLARS IN MILLIONS)September 30, 2021December 31, 2020
Value-added tax receivable$191 $93 
Income tax receivable84 100 
Prepaid expenses297 100 
Other145 49 
Total$717 $342 

Other assets consisted of the following amounts:
(DOLLARS IN MILLIONS)September 30, 2021December 31, 2020
Finance lease right-of-use assets$20 $8 
Deferred income taxes114 197 
Overfunded pension plans120 101 
Cash surrender value of life insurance contracts51 49 
Other(1)
197 63 
Total$502 $418 
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(1)Includes land usage rights in China and long term deposits.

Other current liabilities consisted of the following amounts:
(DOLLARS IN MILLIONS)September 30, 2021December 31, 2020
Rebates and incentives payable$101 $64 
Value-added tax payable54 20 
Interest payable69 29 
Current pension and other postretirement benefit obligation11 13 
Accrued insurance (including workers’ compensation)8 11 
Earn outs payable2 14 
Restructuring and other charges36 14 
Current operating lease obligation108 41 
Current financing lease obligation4 3 
Accrued income taxes52 42 
Other accounts payable and accrued expenses payable290 160 
Other218 88 
Total$953 $499