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SUPPLEMENTAL FINANCIAL INFORMATION (Tables)
3 Months Ended
Mar. 31, 2018
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Net Interest Expense

 

Net interest expense

 

 

Three months ended

 

 

 

March 31,

 

(in millions)

 

2018

 

 

2017

 

Interest expense, net of capitalized interest

 

$

22

 

 

$

20

 

Interest income

 

 

(10

)

 

 

(6

)

Net interest expense

 

$

12

 

 

$

14

 

 

Other (Income) Expense, Net

Other (income) expense, net

 

 

Three months ended

 

 

 

March 31,

 

(in millions)

 

2018

 

 

2017

 

Foreign exchange

 

$

(15

)

 

$

 

Pension

 

 

(12

)

 

 

9

 

All other

 

 

9

 

 

 

2

 

Other (income) expense, net

 

$

(18

)

 

$

11

 

 

Inventories

Inventories

 

 

 

March 31,

 

 

December 31,

 

(in millions)

 

2018

 

 

2017

 

Raw materials

 

$

361

 

 

$

347

 

Work in process

 

 

166

 

 

 

116

 

Finished goods

 

 

1,054

 

 

 

1,012

 

Inventories

 

$

1,581

 

 

$

1,475

 

 

Property, Plant and Equipment, Net

Property, plant and equipment, net

 

 

 

March 31,

 

 

December 31,

 

(in millions)

 

2018

 

 

2017

 

Property, plant and equipment, at cost

 

$

10,390

 

 

$

10,148

 

Accumulated depreciation

 

 

(5,776

)

 

 

(5,560

)

Property, plant and equipment, net

 

$

4,614

 

 

$

4,588