DIRECT COSTS

12 Months Ended

Dec. 31, 2018

Analysis of income and expense [abstract]

DIRECT COSTS

DIRECT COSTS

Direct costs include all attributable expenses except interest, depreciation and amortization, taxes and fair value changes and primarily relate to cost of sales and compensation. The following table lists direct costs for 2018 and 2017 by nature:

FOR THE YEARS ENDED DEC. 31 (MILLIONS)	2018		2017
Cost of sales	$	37,506	$	26,461
Compensation	3,954		2,795
Selling, general and administrative expenses	1,765		1,339
Property taxes, sales taxes and other	2,294		1,793
	$	45,519	$	32,388