(Millions)

2019

2018

Other current assets

​

​

​

​

​

​

​

Derivative assets-current

​

$

75

​

$

88

​

Held-to-maturity debt security held in trust

​

​

470

​

​

—

​

Insurance related (receivables, prepaid expenses and other)

​

172

​

103

​

Other

​

174

​

158

​

Total other current assets

​

$

891

​

$

349

​

​

​

​

​

​

​

​

​

Property, plant and equipment - at cost

​

​

​

​

​

​

​

Land

​

$

351

​

$

340

​

Buildings and leasehold improvements

​

7,877

​

7,564

​

Machinery and equipment

​

16,586

​

15,776

​

Construction in progress

​

1,310

​

1,193

​

Gross property, plant and equipment

​

26,124

​

24,873

​

Accumulated depreciation

​

(16,791)

​

(16,135)

​

Property, plant and equipment - net

​

$

9,333

​

$

8,738

​

​

​

​

​

​

​

​

​

Other assets

​

​

​

​

​

​

​

Deferred income taxes

​

$

521

​

$

365

​

Prepaid pension and post retirement

​

​

230

​

208

​

Insurance related receivables and other

​

67

​

68

​

Cash surrender value of life insurance policies

​

​

254

​

​

251

​

Equity method investments

​

70

​

70

​

Equity and other investments

​

​

126

​

118

​

Other

​

406

​

265

​

Total other assets

​

$

1,674

​

$

1,345

​

​

​

​

​

​

​

​

​

Other current liabilities

​

​

​

​

​

​

​

Accrued rebates

​

$

594

​

$

558

​

Deferred revenue

​

430

​

617

​

Derivative liabilities

​

17

​

32

​

Employee benefits and withholdings

​

229

​

228

​

Contingent liability claims and other

​

566

​

244

​

Property, sales-related and other taxes

​

247

​

273

​

Pension and postretirement benefits

​

67

​

76

​

Other

​

906

​

747

​

Total other current liabilities

​

$

3,056

​

$

2,775

​

​

​

​

​

​

​

​

​

Other liabilities

​

​

​

​

​

​

​

Accrued income taxes – long-term portion

​

$

1,507

​

$

1,274

​

Employee benefits

​

312

​

299

​

Contingent liability claims and other

​

787

​

789

​

Finance lease obligations

​

111

​

75

​

Deferred income taxes

​

301

​

279

​

Other

​

257

​

294

​

Total other liabilities

​

$

3,275

​

$

3,010

​