Property, Plant and Equipment (Tables)

12 Months Ended

Dec. 31, 2019

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

The components of property, plant and equipment follow:

	Useful Lives	As of December 31,
(MILLIONS OF DOLLARS)	(Years)	2019		2018
Land	—	$	22	$	22
Buildings	33 1/3 - 50	983		929
Machinery, equipment and fixtures	3 - 20	2,119		1,852
Construction-in-progress	—	553		454
		3,677		3,257
Less: Accumulated depreciation		1,737		1,599
Property, plant and equipment		$	1,940	$	1,658