XML 117 R27.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Description of Business and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2019
Accounting Policies [Abstract]  
Schedule of Changes in Allowance for Doubtful Accounts The changes in the allowance for doubtful accounts for the years ended December 31, 2019, 2018 and 2017 were as follows:

In millions
 
2019
 
2018
 
2017
Beginning balance
 
$
21

 
$
43

 
$
43

Adoption of new revenue recognition guidance
 

 
(23
)
 

Provision charged to expense
 
6

 
5

 
3

Write-offs, net of recoveries
 
(4
)
 
(3
)
 
(6
)
Transfer to assets held for sale
 
(2
)
 

 

Foreign currency translation
 
(1
)
 
(1
)
 
3

Ending balance
 
$
20

 
$
21

 
$
43


Schedule of Inventory The major classes of inventory at December 31, 2019 and 2018 were as follows:

In millions
 
2019
 
2018
Raw material
 
$
452

 
$
523

Work-in-process
 
131

 
161

Finished goods
 
670

 
731

LIFO reserve
 
(89
)
 
(97
)
Total inventories
 
$
1,164

 
$
1,318


Schedule of Net Plant and Equipment and Ranges of Useful Lives Net plant and equipment consisted of the following at December 31, 2019 and 2018:

In millions
 
2019
 
2018
Land
 
$
186

 
$
194

Buildings and improvements
 
1,357

 
1,368

Machinery and equipment
 
3,551

 
3,517

Construction in progress
 
133

 
154

Gross plant and equipment
 
5,227

 
5,233

Accumulated depreciation
 
(3,498
)
 
(3,442
)
Net plant and equipment
 
$
1,729

 
$
1,791



The ranges of useful lives used to depreciate plant and equipment are as follows:

Buildings and improvements
5—50 years
Machinery and equipment
3—12 years

Schedule of Changes in Accrued Warranties The changes in accrued warranties for the years ended December 31, 2019, 2018 and 2017 were as follows:

In millions
 
2019
 
2018
 
2017
Beginning balance
 
$
45

 
$
45

 
$
45

Charges
 
(44
)
 
(49
)
 
(45
)
Provision charged to expense
 
44

 
50

 
43

Foreign currency translation
 

 
(1
)
 
2

Ending balance
 
$
45

 
$
45

 
$
45