Short-Term | Long-Term | Total | |||||||
Obligations for customers and suppliers1: | |||||||||
Bank borrowings (terms up to 7 years) | $ | 309 | $ | 66 | $ | 375 | |||
Leases on equipment and facilities (terms up to 5 years) | — | 1 | 1 | ||||||
Obligations for equity affiliates2: | |||||||||
Bank borrowings (terms up to 1 year) | 185 | — | 185 | ||||||
Total | $ | 494 | $ | 67 | $ | 561 | |||
1 | Existing guarantees for customers and suppliers, as part of contractual agreements. |
2 | Existing guarantees for equity affiliates' liquidity needs in normal operations. |