CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 512	$ 492
Trade receivables, net of allowances of $35 million and $34 million at December 31, 2018 and 2017, respectively	549	663
Inventories	1,018	1,036
Prepaid expenses and other current assets	278	229
Total current assets	2,357	2,420
Other assets:
Equity investments	698	525
Pension assets	44	49
Other assets	602	602
Intangibles	400	439
Goodwill	2,513	2,590
Total other assets	4,257	4,205
Property, plant and equipment:
Land, at cost	244	255
Buildings and equipment, at cost:
Buildings and building equipment	1,141	1,180
Factory machinery and equipment	5,193	5,015
Transportation, office and miscellaneous equipment	102	96
Construction in progress	344	303
Property, plant and equipment, at cost	7,024	6,849
Less accumulated depreciation	3,939	3,718
Net property, plant and equipment	3,085	3,131
Total assets	9,699	9,756
Current liabilities:
Accounts payable	1,321	1,324
Salaries and wages	157	166
U.S. and foreign income taxes	34	35
Current portion of asbestos-related liabilities	160	100
Other accrued liabilities	375	378
Other liabilities - discontinued operations		115
Short-term loans	127	151
Long-term debt due within one year	33	11
Total current liabilities	2,207	2,280
Long-term debt	5,181	5,121
Deferred taxes	96	99
Pension benefits	534	471
Nonpension postretirement benefits	145	167
Other liabilities	194	209
Asbestos-related liabilities	442	482
Share owners' equity of the Company:
Common stock, par value $.01 per share, 250,000,000 shares authorized, 186,575,999 and 185,727,663 shares issued (including treasury shares), respectively	2	2
Capital in excess of par value	3,124	3,099
Treasury stock, at cost, 30,917,603 and 22,648,606 shares, respectively	(705)	(551)
Retained earnings	333	84
Accumulated other comprehensive loss	(1,968)	(1,826)
Total share owners' equity of the Company	786	808
Noncontrolling interests	114	119
Total share owners' equity	900	927
Total liabilities and share owners' equity	$ 9,699	$ 9,756