Property, Plant and Equipment (Tables)

3 Months Ended

Mar. 31, 2022

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, 2022		As of December 31, 2021
	(in millions)
Land and land improvements	$	405	$	379
Buildings and building improvements	3,322		3,139
Machinery and equipment	12,043		11,842
Construction in progress	669		732
	16,439		16,092
Accumulated depreciation	(7,424)		(7,434)
Property, plant and equipment, net	$	9,015	$	8,658

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) and losses/(gains) on disposal 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,
	2022		2021
	(in millions)
Latin America	$	—	$	—
AMEA	—		(16)
Europe	1		2
North America	1		54
Total	$	2	$	40

During the three months ended March 31, 2022 and March 31, 2021, 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		Corporate		Total
	(in millions)
For the Three Months Ended March 31, 2022
Restructuring Costs	$	(1)	$	2	$	2	$	8	$	—	$	11
Implementation Costs	1		1		5		7		6		20
Total	$	—	$	3	$	7	$	15	$	6	$	31
For the Three Months Ended March 31, 2021
Restructuring Costs	$	3	$	(21)	$	6	$	101	$	(1)	$	88
Implementation Costs	3		2		10		10		9		34
Total	$	6	$	(19)	$	16	$	111	$	8	$	122
Total Project (Inception to Date)
Restructuring Costs	$	553	$	543	$	1,149	$	653	$	149	$	3,047
Implementation Costs	297		240		549		560		362		2,008
Total	$	850	$	783	$	1,698	$	1,213	$	511	$	5,055