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Leases (Tables)
3 Months Ended
Mar. 31, 2021
Leases [Abstract]  
Lessee right-of-use assets and liabilities

    

March 31, 

    

December 31, 

2021

2020

(in millions)

Operating Leases:

  

  

Right-of-use assets (other assets)

$

540

$

552

Lease liabilities (accrued expenses and other liabilities)

 

557

 

569

Financing Leases:

 

 

Right-of-use assets (property, plant and equipment, net)

 

65

 

65

Lease liabilities (debt)

 

82

 

81

Operating lease term and discount rate

    

Right-Of-Use

    

Lease

    

    

Discount

 

Operating Leases as of March 31, 2021

Assets

Liabilities

Lease Term

Rate

 

(in millions)

Energy

$

41

$

42

4.5 years

5.5%

Automotive

 

423

 

442

    

4.6 years

    

5.7%

Food Packaging

 

30

 

34

 

11.1 years

 

7.4%

Other segments and Holding Company

 

46

 

39

 

  

 

  

$

540

$

557

    

Right-Of-Use

    

Lease

    

    

Discount

Operating Leases as of December 31, 2020

Assets

Liabilities

Lease Term

Rate

(in millions)

Energy

$

37

$

38

3.1 years

5.5%

Automotive

 

436

 

456

    

4.6 years

    

5.7%

Food Packaging

 

32

 

35

 

11.1 years

 

7.4%

Other segments and Holding Company

 

47

 

40

 

  

 

  

$

552

$

569