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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2016
Accounting Policies [Abstract]  
Inventories

 

as of December 31 (in millions)

 

2016

 

 

2015

 

Raw materials

 

$

319

 

 

$

374

 

Work in process

 

 

122

 

 

 

142

 

Finished goods

 

 

989

 

 

 

1,088

 

Inventories

 

$

1,430

 

 

$

1,604

 

 

Property, Plant and Equipment, Net

 

as of December 31 (in millions)

 

2016

 

 

2015

 

Land

 

$

118

 

 

$

116

 

Buildings and leasehold improvements

 

 

1,486

 

 

 

1,389

 

Machinery and equipment

 

 

5,551

 

 

 

5,414

 

Equipment with customers

 

 

1,297

 

 

 

1,238

 

Construction in progress

 

 

710

 

 

 

833

 

Total property, plant and equipment, at cost

 

 

9,162

 

 

 

8,990

 

Accumulated depreciation

 

 

(4,873

)

 

 

(4,604

)

Property, plant and equipment (PP&E), net

 

$

4,289

 

 

$

4,386