v3.20.1
Supplemental Financial Information
 3 Months Ended
Mar. 31, 2020
Supplemental Financial Information  
Supplemental Financial Information Supplemental Financial Information
 
Interest Expense, Net
 
 
Three months ended
March 31,
(in millions)
 
2020
 
2019
Interest expense
 
$
563

 
$
387

Interest income
 
(135
)
 
(62
)
Interest expense, net
 
$
428

 
$
325


Inventories
(in millions)
March 31, 2020
 
December 31, 2019
Finished goods
$
546

 
$
485

Work-in-process
932

 
942

Raw materials
366

 
386

Inventories
$
1,844

 
$
1,813


Property and Equipment
(in millions)
March 31, 2020
 
December 31, 2019
Property and equipment, gross
$
8,250

 
$
8,188

Accumulated depreciation
(5,289
)
 
(5,226
)
Property and equipment, net
$
2,961

 
$
2,962


Depreciation expense was $115 million for the three months ended March 31, 2020 and $118 million for the three months ended March 31, 2019.