| Supplemental Balance Sheet Information |
NOTE 7. Supplemental Balance Sheet Information
Accounts payable (included as a separate line item in the Consolidated Balance Sheet) includes drafts payable on demand of $104 million at December 31, 2018, and $74 million at December 31, 2017. Accumulated depreciation for capital leases totaled $54 million and $48 million as of December 31, 2018, and 2017, respectively. Additional supplemental balance sheet information is provided in the table that follows.
|
|
|
|
|
|
|
|
|
|
(Millions)
|
|
2018
|
|
2017
|
|
|
Other current assets
|
|
|
|
|
|
|
|
|
Derivative assets-current
|
|
$
|
88
|
|
$
|
37
|
|
|
Insurance related (receivables, prepaid expenses and other)
|
|
|
103
|
|
|
71
|
|
|
Other
|
|
|
158
|
|
|
158
|
|
|
Total other current assets
|
|
$
|
349
|
|
$
|
266
|
|
|
|
|
|
|
|
|
|
|
|
Property, plant and equipment - at cost
|
|
|
|
|
|
|
|
|
Land
|
|
$
|
340
|
|
$
|
348
|
|
|
Buildings and leasehold improvements
|
|
|
7,517
|
|
|
7,681
|
|
|
Machinery and equipment
|
|
|
15,680
|
|
|
15,907
|
|
|
Construction in progress
|
|
|
1,193
|
|
|
843
|
|
|
Capital leases
|
|
|
143
|
|
|
135
|
|
|
Gross property, plant and equipment
|
|
|
24,873
|
|
|
24,914
|
|
|
Accumulated depreciation
|
|
|
(16,135)
|
|
|
(16,048)
|
|
|
Property, plant and equipment - net
|
|
$
|
8,738
|
|
$
|
8,866
|
|
|
|
|
|
|
|
|
|
|
|
Other assets
|
|
|
|
|
|
|
|
|
Deferred income taxes
|
|
$
|
365
|
|
$
|
511
|
|
|
Prepaid pension and post retirement
|
|
|
208
|
|
|
237
|
|
|
Insurance related receivables and other
|
|
|
68
|
|
|
63
|
|
|
Cash surrender value of life insurance policies
|
|
|
251
|
|
|
241
|
|
|
Equity method investments
|
|
|
70
|
|
|
70
|
|
|
Equity and other investments
|
|
|
118
|
|
|
80
|
|
|
Other
|
|
|
265
|
|
|
193
|
|
|
Total other assets
|
|
$
|
1,345
|
|
$
|
1,395
|
|
|
|
|
|
|
|
|
|
|
|
Other current liabilities
|
|
|
|
|
|
|
|
|
Accrued rebates
|
|
$
|
558
|
|
$
|
516
|
|
|
Deferred revenue
|
|
|
617
|
|
|
513
|
|
|
Derivative liabilities
|
|
|
32
|
|
|
135
|
|
|
Employee benefits and withholdings
|
|
|
228
|
|
|
208
|
|
|
Contingent liability claims and other
|
|
|
244
|
|
|
179
|
|
|
Property, sales-related and other taxes
|
|
|
273
|
|
|
277
|
|
|
Pension and postretirement benefits
|
|
|
76
|
|
|
69
|
|
|
Other
|
|
|
747
|
|
|
812
|
|
|
Total other current liabilities
|
|
$
|
2,775
|
|
$
|
2,709
|
|
|
|
|
|
|
|
|
|
|
|
Other liabilities
|
|
|
|
|
|
|
|
|
Long term income taxes payable
|
|
$
|
1,274
|
|
$
|
1,287
|
|
|
Employee benefits
|
|
|
299
|
|
|
319
|
|
|
Contingent liability claims and other
|
|
|
789
|
|
|
727
|
|
|
Capital lease obligations
|
|
|
75
|
|
|
60
|
|
|
Deferred income taxes
|
|
|
279
|
|
|
235
|
|
|
Other
|
|
|
294
|
|
|
334
|
|
|
Total other liabilities
|
|
$
|
3,010
|
|
$
|
2,962
|
|
|