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Property, plant and equipment (Tables)
12 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
Property, plant and equipment
 
 
 
 
December 31,
(Millions of dollars)
 
Useful
Lives (Years)
 
2019
 
2018
Land
 
 
$
664

 
$
671

Buildings and land improvements
 
20-45
 
6,710

 
6,977

Machinery, equipment and other
 
2-10
 
13,287

 
13,733

Software
 
3-7
 
1,728

 
1,703

Equipment leased to others
 
1-7
 
6,208

 
6,015

Construction-in-process
 
 
620

 
682

Total property, plant and equipment, at cost
 
 
 
29,217

 
29,781

Less: Accumulated depreciation
 
 
 
(16,313
)
 
(16,207
)
Property, plant and equipment–net
 
 
 
$
12,904

 
$
13,574