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Property, Plant and Equipment, net
12 Months Ended
Dec. 31, 2017
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment, net
 Property, Plant and Equipment, net
Property, plant and equipment, net consisted of the following (in millions):
 
 
2017

 
2016

Land
 
$
131

 
$
127

Buildings
 
6,401

 
6,385

Machinery and equipment
 
7,624

 
7,389

Construction in progress
 
1,205

 
976

Total property, plant and equipment
 
15,361

 
14,877

Less: accumulated depreciation and amortization
 
(9,586
)
 
(9,328
)
Total property, plant and equipment, net
 
$
5,775

 
$
5,549


Land Sales
During the fourth quarter of 2017, we recognized a previously deferred non-cash gain in other income, net in our consolidated statement of earnings of $198 million ($122 million or $0.42 per share, after tax) related to properties sold in 2015 as a result of completing our remaining obligations.