| Supplemental Balance Sheet Information |
NOTE 5. Supplemental Balance Sheet Information
Accounts payable (included as a separate line item in the Consolidated Balance Sheet) includes drafts payable on demand of $88 million at December 31, 2016, and $79 million at December 31, 2015. Accumulated depreciation for capital leases totaled $89 million and $98 million as of December 31, 2016, and 2015, respectively. Additional supplemental balance sheet information is provided in the table that follows.
|
|
|
|
|
|
|
|
|
|
(Millions)
|
|
2016
|
|
2015
|
|
|
Other current assets
|
|
|
|
|
|
|
|
|
Prepaid expenses and other
|
|
$
|
1,014
|
|
$
|
1,081
|
|
|
Derivative assets-current
|
|
|
148
|
|
|
211
|
|
|
Insurance related (receivables, prepaid expenses and other)
|
|
|
109
|
|
|
106
|
|
|
Total other current assets
|
|
$
|
1,271
|
|
$
|
1,398
|
|
|
|
|
|
|
|
|
|
|
|
Investments
|
|
|
|
|
|
|
|
|
Equity method
|
|
$
|
60
|
|
$
|
56
|
|
|
Cost method
|
|
|
67
|
|
|
59
|
|
|
Other investments
|
|
|
1
|
|
|
2
|
|
|
Total investments
|
|
$
|
128
|
|
$
|
117
|
|
|
|
|
|
|
|
|
|
|
|
Property, plant and equipment - at cost
|
|
|
|
|
|
|
|
|
Land
|
|
$
|
341
|
|
$
|
354
|
|
|
Buildings and leasehold improvements
|
|
|
7,252
|
|
|
7,120
|
|
|
Machinery and equipment
|
|
|
14,935
|
|
|
14,743
|
|
|
Construction in progress
|
|
|
809
|
|
|
723
|
|
|
Capital leases
|
|
|
162
|
|
|
158
|
|
|
Gross property, plant and equipment
|
|
|
23,499
|
|
|
23,098
|
|
|
Accumulated depreciation
|
|
|
(14,983)
|
|
|
(14,583)
|
|
|
Property, plant and equipment - net
|
|
$
|
8,516
|
|
$
|
8,515
|
|
|
|
|
|
|
|
|
|
|
|
Other assets
|
|
|
|
|
|
|
|
|
Deferred income taxes
|
|
$
|
422
|
|
$
|
675
|
|
|
Insurance related receivables and other
|
|
|
68
|
|
|
49
|
|
|
Cash surrender value of life insurance policies
|
|
|
236
|
|
|
241
|
|
|
Other
|
|
|
255
|
|
|
253
|
|
|
Total other assets
|
|
$
|
981
|
|
$
|
1,218
|
|
|
|
|
|
|
|
|
|
|
|
Other current liabilities
|
|
|
|
|
|
|
|
|
Accrued trade payables
|
|
$
|
578
|
|
$
|
566
|
|
|
Deferred income
|
|
|
551
|
|
|
518
|
|
|
Derivative liabilities
|
|
|
92
|
|
|
65
|
|
|
Employee benefits and withholdings
|
|
|
155
|
|
|
148
|
|
|
Contingent liability claims and other
|
|
|
201
|
|
|
147
|
|
|
Property and other taxes
|
|
|
90
|
|
|
89
|
|
|
Pension and postretirement benefits
|
|
|
66
|
|
|
60
|
|
|
Other
|
|
|
739
|
|
|
811
|
|
|
Total other current liabilities
|
|
$
|
2,472
|
|
$
|
2,404
|
|
|
|
|
|
|
|
|
|
|
|
Other liabilities
|
|
|
|
|
|
|
|
|
Long term income taxes payable
|
|
$
|
244
|
|
$
|
154
|
|
|
Employee benefits
|
|
|
256
|
|
|
254
|
|
|
Contingent liability claims and other
|
|
|
719
|
|
|
739
|
|
|
Capital lease obligations
|
|
|
45
|
|
|
46
|
|
|
Deferred income
|
|
|
15
|
|
|
19
|
|
|
Deferred income taxes
|
|
|
145
|
|
|
551
|
|
|
Other
|
|
|
224
|
|
|
261
|
|
|
Total other liabilities
|
|
$
|
1,648
|
|
$
|
2,024
|
|
|