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Other Assets and Liabilities, Current and Noncurrent
 3 Months Ended
Mar. 31, 2023
Other Assets [Abstract]  
Other Assets and Liabilities, Current and Noncurrent OTHER CURRENT ASSETS AND LIABILITIES, AND OTHER ASSETS
Prepaid expenses and other current assets consisted of the following amounts:
(DOLLARS IN MILLIONS)March 31, 2023December 31, 2022
Value-added tax receivable$183 $212 
Income tax receivable152 129 
Packaging materials and supplies155 148 
Prepaid expenses163 144 
Other136 137 
Total$789 $770 
Other assets consisted of the following amounts:
(DOLLARS IN MILLIONS)March 31, 2023December 31, 2022
Deferred income taxes$188 $158 
Overfunded pension plans180 180 
Cash surrender value of life insurance contracts46 45 
Finance lease right-of-use assets21 22 
Equity method investments11 10 
Other(1)
298 284 
Total$744 $699 
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(1)Includes land usage rights in China, long-term deposits and receivables on certain derivative instruments.

Other current liabilities consisted of the following amounts:
(DOLLARS IN MILLIONS)March 31, 2023December 31, 2022
Rebates and incentives payable$92 $99 
Value-added tax payable73 65 
Interest payable81 55 
Current pension and other postretirement benefit obligation12 10 
Accrued insurance (including workers’ compensation)10 9 
Accrued restructuring59 15 
Current operating lease obligation84 86 
Accrued freight19 18 
Accrued commissions payable10 11 
Accrued income taxes160 313 
Accrued expenses payable289 256 
Other76 91 
Total$965 $1,028