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Supplemental Balance Sheet Information
12 Months Ended
Dec. 31, 2022
Balance Sheet Related Disclosures [Abstract]  
Supplemental Balance Sheet Information Supplemental Balance Sheet Information
Inventories by major class are as follows at December 31:
Inventories20222021
Raw materials and supplies$666 $505 
Work-in-process48 39 
Finished goods1,508 1,248 
Total Inventories, net$2,222 $1,792 
Non-current inventory, net(148)(100)
Current Inventories, net$2,074 $1,692 

Inventories valued under LIFO amounted to $458 and $410 at December 31, 2022 and 2021, respectively. The excess of current cost over LIFO cost at the end of each year was $146 and $60, respectively. The liquidations of LIFO inventory quantities had no material effect on income in 2022, 2021 and 2020. Inventory classified as non-current at December 31, 2022 was recorded on the Consolidated Balance Sheets as “Other assets.”

Property, plant and equipment, net20222021
Land$180 $163 
Buildings1,825 1,603 
Manufacturing machinery and equipment6,001 5,527 
Other equipment1,577 1,606 
 9,583 8,899 
Accumulated depreciation(5,276)(5,169)
Total Property, plant and equipment, net$4,307 $3,730 

Other accruals20222021
Accrued advertising and coupon redemption$774 $709 
Accrued payroll and employee benefits329 353 
Accrued taxes other than income taxes133 118 
Restructuring accrual39 
Pension and other retiree benefits82 87 
Lease liabilities due in one year108 137 
Accrued interest59 38 
Derivatives15 
Other572 630 
Total Other accruals$2,111 $2,085 

Other liabilities20222021
Pension and other retiree benefits$1,129 $1,722 
Restructuring accrual— 
Long-term lease liabilities397 451 
Other271 254 
Total Other liabilities$1,797 $2,429