Note 9
Other non-current assets

“Other non-current assets” consisted of the following:

December 31, ($ in millions)

2016

2015

Pledged financial assets

112

220

Derivatives (including embedded derivatives) (see Note 5)

126

186

Investments

57

58

Restricted cash

59

55

Other

178

124

Total

532

643

The Company entered into structured leasing transactions with U.S. investors prior to 1999. At the inception of the leasing arrangements the Company placed certain amounts in restricted cash deposits and held-to-maturity debt securities. These amounts, included as “Pledged financial assets” in the table above, are pledged as security for certain outstanding deposit liabilities included in “Other non-current liabilities” (see Note 13) and the funds received upon maturity of the respective pledged financial assets will only be available to the Company for repayment of these obligations.

“Investments” represents shares and other equity investments carried at cost.