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Other Assets and Liabilities, Current and Noncurrent
 9 Months Ended
Sep. 30, 2023
Other Assets [Abstract]  
Other Assets and Liabilities, Current and Noncurrent OTHER CURRENT ASSETS AND LIABILITIES, AND OTHER ASSETSPrepaid expenses and other current assets consisted of the following amounts:
(DOLLARS IN MILLIONS)September 30, 2023December 31, 2022
Value-added tax receivable$159 $212 
Prepaid income taxes224 129 
Packaging materials and supplies157 148 
Prepaid expenses184 144 
Other166 137 
Total$890 $770 
Other assets consisted of the following amounts:
(DOLLARS IN MILLIONS)September 30, 2023December 31, 2022
Deferred income taxes$212 $167 
Overfunded pension plans202 180 
Cash surrender value of life insurance contracts46 45 
Finance lease right-of-use assets25 22 
Equity method investments10 10 
Other(1)
268 265 
Total$763 $689 
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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)September 30, 2023December 31, 2022
Rebates and incentives payable$99 $99 
Value-added tax payable62 65 
Interest payable74 55 
Current pension and other postretirement benefit obligation5 10 
Accrued insurance (including workers’ compensation)10 9 
Earn outs payable31 — 
Accrued restructuring25 15 
Current operating lease obligation83 86 
Accrued freight12 18 
Accrued commissions payable10 11 
Accrued income taxes118 313 
Accrued expenses payable263 256 
Other145 91 
Total$937 $1,028