Accounting Policies and Basis of Presentations (Tables)

9 Months Ended

Sep. 26, 2020

Accounting Policies and Basis of Presentation

Summary of supplemental cash and non-cash information related to leases

	Nine months ended
	September 26,		September 28,
(Millions of dollars)		2020		2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	107	$	101
Operating cash flows from finance leases		3		1
Financing cash flows from finance leases		5		1
Operating ROU assets obtained in exchange for new operating lease liabilities	$	46	$	62
Finance ROU assets obtained in exchange for new finance lease liabilities		46		31

Summary of financial leases in condensed consolidated balance sheets

		September 26,		December 31,
(Millions of dollars)		2020		2019
Finance lease ROU assets, net	Property, plant and equipment, net	$	90	$	50
Finance lease liabilities	Other current liabilities		10		5
Non-current finance lease liabilities	Other liabilities		77		40