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Supplemental Balance Sheet Information
 12 Months Ended
Dec. 31, 2023
Balance Sheet Related Disclosures [Abstract]  
Supplemental Balance Sheet Information Supplemental Balance Sheet Information
Inventories by major class are as follows at December 31:
Inventories20232022
Raw materials and supplies$606 $666 
Work-in-process46 48 
Finished goods1,411 1,508 
Total Inventories, net$2,063 $2,222 
Non-current inventory, net(129)(148)
Current Inventories, net$1,934 $2,074 
Inventories valued under LIFO amounted to $471 and $458 at December 31, 2023 and 2022, respectively. The excess of current cost over LIFO cost at the end of each year was $120 and $146, respectively. The liquidations of LIFO inventory quantities had no material effect on income in 2023, 2022 and 2021. Inventory classified as non-current at December 31, 2023 was recorded on the Consolidated Balance Sheets as “Other assets.”

Property, plant and equipment, net20232022
Land$227 $180 
Buildings2,047 1,825 
Manufacturing machinery and equipment6,365 6,001 
Other equipment1,647 1,577 
 10,286 9,583 
Accumulated depreciation(5,704)(5,276)
Total Property, plant and equipment, net$4,582 $4,307 

Other accruals20232022
Accrued advertising and coupon redemption$882 $774 
Accrued payroll and employee benefits403 329 
Accrued taxes other than income taxes167 133 
Restructuring accrual11 39 
Pension and other retiree benefits96 82 
Lease liabilities due in one year95 108 
Accrued interest78 59 
Derivatives26 15 
Other619 572 
Total Other accruals$2,377 $2,111 

Other liabilities20232022
Pension and other retiree benefits$1,390 $1,129 
Long-term lease liabilities420 397 
Other305 271 
Total Other liabilities$2,115 $1,797