Property, Plant and Equipment (Tables)

3 Months Ended

Mar. 31, 2020

Property, Plant and Equipment [Abstract]

Schedule of Components of Property, Plant and Equipment

Property, plant and equipment consisted of the following:

	As of March 31, 2020			As of December 31, 2019
	(in millions)
Land and land improvements	$	402		$	422
Buildings and building improvements	2,961			3,140
Machinery and equipment	10,669			11,295
Construction in progress	553			680
	14,585			15,537
Accumulated depreciation	(6,531		)	(6,804		)
Property, plant and equipment, net	$	8,054		$	8,733

Schedule of Restructuring Charges Related to Property, Plant and Equipment

In connection with our restructuring program, we recorded non-cash property, plant and equipment write-downs (including accelerated depreciation and asset impairments) in the condensed consolidated statements of earnings within asset impairment and exit costs and within the segment results as follows (refer to Note 7, Restructuring Program).

	For the Three Months Ended March 31,
	2020			2019
	(in millions)
Latin America	$	—		$	—
AMEA	(1		)	1
Europe	1			1
North America	1			3
Non-cash property, plant and equipment write-downs	$	1		$	5

During the three months ended March 31, 2020 and March 31, 2019, and since inception of the Simplify to Grow Program, we recorded the following restructuring and implementation costs within segment operating income and earnings before income taxes:

	Latin America		AMEA			Europe		North America (1)		Corporate (2)		Total
	(in millions)
For the Three Months Ended March 31, 2020
Restructuring Costs	$	4	$	(1	)	$	3	$	2	$	7	$	15
Implementation Costs	7		3			14		10		9		43
Total	$	11	$	2		$	17	$	12	$	16	$	58
For the Three Months Ended March 31, 2019
Restructuring Costs	$	—	$	6		$	—	$	6	$	8	$	20
Implementation Costs	15		7			11		4		13		50
Total	$	15	$	13		$	11	$	10	$	21	$	70
Total Project (3)
Restructuring Costs	$	521	$	534		$	1,079	$	471	$	136	$	2,741
Implementation Costs	276		209			462		394		316		1,657
Total	$	797	$	743		$	1,541	$	865	$	452	$	4,398

(1) During 2019, our North America region implementation costs included incremental costs that we incurred related to renegotiating collective bargaining agreements that expired in February 2016 for eight U.S. facilities and related to executing business continuity plans for the North America business.

(2) The Corporate column includes minor adjustments for pension settlement losses and rounding.

(3)

Includes all charges recorded since program inception on May 6, 2014 through March 31, 2020.