NOTE 6. Supplemental Balance Sheet Information

Accounts payable (included as a separate line item in the Consolidated Balance Sheet) includes drafts payable on demand of $74 million at December 31, 2017, and $88 million at December 31, 2016. Accumulated depreciation for capital leases totaled $48 million and $89 million as of December 31, 2017, and 2016, respectively. Additional supplemental balance sheet information is provided in the table that follows.


(Millions)	2017		2016
Other current assets
Derivative assets-current	$	37	$	148
Insurance related (receivables, prepaid expenses and other)		71		109
Other		158		193
Total other current assets	$	266	$	450

Property, plant and equipment - at cost
Land	$	348	$	341
Buildings and leasehold improvements		7,681		7,252
Machinery and equipment		15,907		14,935
Construction in progress		843		809
Capital leases		135		162
Gross property, plant and equipment		24,914		23,499
Accumulated depreciation		(16,048)		(14,983)
Property, plant and equipment - net	$	8,866	$	8,516

Other assets
Deferred income taxes	$	511	$	422
Prepaid pension and post retirement		237		52
Insurance related receivables and other		63		68
Cash surrender value of life insurance policies		241		236
Equity method investments		70		60
Cost method and other investments		80		68
Other		193		272
Total other assets	$	1,395	$	1,178

Other current liabilities
Accrued rebates	$	516	$	458
Deferred income		513		551
Derivative liabilities		135		92
Employee benefits and withholdings		208		155
Contingent liability claims and other		179		201
Property, sales-related and other taxes		277		248
Pension and postretirement benefits		69		66
Other		812		701
Total other current liabilities	$	2,709	$	2,472

Other liabilities
Long term income taxes payable	$	1,287	$	244
Employee benefits		319		256
Contingent liability claims and other		727		719
Capital lease obligations		60		45
Deferred income		37		15
Deferred income taxes		235		145
Other		297		224
Total other liabilities	$	2,962	$	1,648