SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2017

Accounting Policies [Abstract]

Inventories

as of December 31 (in millions)	2017		2016
Raw materials	$	347	$	319
Work in process		116		122
Finished goods		1,012		989
Inventories	$	1,475	$	1,430

Property, Plant and Equipment, Net

as of December 31 (in millions)	2017			2016
Land	$	144		$	118
Buildings and leasehold improvements		1,687			1,486
Machinery and equipment		6,220			5,551
Equipment with customers		1,403			1,297
Construction in progress		694			710
Total property, plant and equipment, at cost		10,148			9,162
Accumulated depreciation		(5,560	)		(4,873	)
Property, plant and equipment (PP&E), net	$	4,588		$	4,289

Schedule of Retrospective Impact of Adoption of New Accounting Standards

The retrospective impact of adoption for the years ended December 31, 2017, 2016 and 2015 are shown in the following tables.

	Year Ended December 31, 2017
	As Previously Reported			Adjustments			As Adjusted
Cost of sales	$	6,099		$	(8	)	$	6,091
Gross margin		4,462			8			4,470
Marketing and administrative expenses		2,587			(21	)		2,566
Research and development expenses		617			(4	)		613
Operating income		1,258			33			1,291
Other (income) expense, net		(14	)		33			19
	Year Ended December 31, 2016
	As Previously Reported			Adjustments			As Adjusted
Cost of sales	$	6,053		$	(6	)	$	6,047
Gross margin		4,110			6			4,116
Marketing and administrative expenses		2,739			(14	)		2,725
Research and development expenses		647			(1	)		646
Operating income		724			21			745
Other (income) expense, net		(4,296	)		21			(4,275	)
	Year Ended December 31, 2015
	As Previously Reported			Adjustments			As Adjusted
Cost of sales	$	5,822		$	(45	)	$	5,777
Gross margin		4,146			45			4,191
Marketing and administrative expenses		3,094			(63	)		3,031
Research and development expenses		603			(16	)		587
Operating income		449			124			573
Other (income) expense, net		(105	)		124			19