Restructuring and Other Charges (Tables)

3 Months Ended

Mar. 31, 2015

Restructuring and Related Activities [Abstract]

Restructuring and Related Costs [Table Text Block]

The following table presents various charges we recorded during the first quarter of 2015 as a result of the economic downturn and other matters:

Millions of dollars	March 31, 2015		Income Statement Classification
Economic downturn:
Inventory write-downs	$	309	Impairments and other charges
Fixed asset impairments	303		Impairments and other charges
Intangible asset impairments	165		Impairments and other charges
Severance costs	134		Impairments and other charges
Other	150		Impairments and other charges
Other matters:
Country closures	75		Impairments and other charges
Other	72		Impairments and other charges
Total impairments and other charges	$	1,208
Venezuela currency devaluation loss	199		Other, net
Total charges	$	1,407