SUPPLEMENTAL FINANCIAL INFORMATION (Tables)

9 Months Ended

Sep. 30, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Interest Expense, Net

Interest Expense, Net

	Three months ended September 30,				Nine months ended September 30,
(in millions)	2020		2019		2020		2019
Interest expense, net of capitalized interest	$	42	$	28	$	112	$	81
Interest income	(3)		(15)		(16)		(30)
Interest expense, net	$	39	$	13	$	96	$	51

Other Income, Net

Other (Income) Expense, Net

	Three months ended September 30,				Nine months ended September 30,
(in millions)	2020		2019		2020		2019
Foreign exchange losses, net	$	23	$	30	$	44	$	44
Pension and other postretirement benefit plans	—		(17)		(2)		(48)
Other, net	(7)		(4)		(10)		(4)
Other (income) expense, net	$	16	$	9	$	32	$	(8)

Inventories

Inventories

(in millions)	September 30, 2020		December 31, 2019
Raw materials	$	462	$	377
Work in process	205		185
Finished goods	1,321		1,091
Inventories	$	1,988	$	1,653

Property, Plant and Equipment, Net

Property, Plant and Equipment, Net

(in millions)	September 30, 2020		December 31, 2019
Property, plant and equipment, at cost	$	10,990	$	10,660
Accumulated depreciation	(6,530)		(6,148)
Property, plant and equipment, net	$	4,460	$	4,512