Supplemental financial information (Tables)

12 Months Ended

Dec. 31, 2019

Disclosure Text Block Supplement [Abstract]

Restructuring charges and other

Restructuring charges/other are included in Other for segment reporting purposes and are comprised of the following components:

	For Years Ended December 31,
	2019		2018		2017
Restructuring charges (a)	$	(15)	$	6	$	11
Gains on sales of assets	(21)		(3)		—
Restructuring charges/other	$	(36)	$	3	$	11

(a)Includes severance and benefits, accelerated depreciation, changes in estimates or other exit costs.

Changes in accrued restructuring balances

Changes in accrued restructuring balances

	2019		2018		2017
Balance, January 1	$	28	$	29	$	40
Restructuring charges	(15)		6		11
Non-cash items (a)	—		(3)		(1)
Payments	(13)		(4)		(21)
Balance, December 31	$	—	$	28	$	29

(a)Reflects charges for impacts of accelerated depreciation and changes in exchange rates.

Other income (expense), net (OI&E)

Other income (expense), net (OI&E)

	For Years Ended December 31,
	2019		2018		2017
Other income (a)	$	197	$	150	$	163
Other expense (b)	(22)		(52)		(88)
Total	$	175	$	98	$	75

(a)Other income includes interest, royalty and lease income, as well as investment gains and losses.

(b)Other expense includes a portion of pension and other retiree benefit costs. It also includes currency gains and losses, tax interest and miscellaneous items.

Property, plant and equipment at cost

Property, plant and equipment at cost

	Depreciable Lives (Years)	December 31,
		2019		2018
Land	n/a	$	126	$	128
Buildings and improvements	5 – 40	2,504		2,497
Machinery and equipment	2 – 10	3,110		2,800
Total		$	5,740	$	5,425

Other long-term liabilities

Other long-term liabilities

	December 31,
	2019		2018
Long-term portion of transition tax on indefinitely reinvested earnings	$	506	$	506
Uncertain tax positions	303		286
Deferred compensation plans	298		246
Operating lease liabilities	259		—
Other	148		152
Total	$	1,514	$	1,190

Accumulated other comprehensive income (loss), net of taxes (AOCI)

Accumulated other comprehensive income (loss), net of taxes (AOCI)

	December 31,
	2019		2018
Postretirement benefit plans:
Net actuarial loss	$	(347)	$	(473)
Prior service credit	2		2
Cash flow hedge derivative instruments	(2)		(2)
Total	$	(347)	$	(473)

Amounts reclassified out of accumulated other comprehensive income (loss), net of taxes, to net income

The table below details where these transactions are recorded in our Consolidated Statements of Income.

	For Years Ended December 31,						Impact to Related Statement of Income Lines
	2019		2018		2017
Net actuarial losses of defined benefit plans:
Recognized net actuarial loss and settlement losses (a)	$	51	$	65	$	83	Decrease to OI&E
Tax effect	(13)		(15)		(27)		Decrease to provision for income taxes
Recognized within net income, net of taxes	$	38	$	50	$	56	Decrease to net income
Prior service credit of defined benefit plans:
Amortization of prior service credit (a)	$	—	$	(4)	$	(6)	Increase to OI&E
Tax effect	—		1		1		Increase to provision for income taxes
Recognized within net income, net of taxes	$	—	$	(3)	$	(5)	Increase to net income
Derivative instruments:
Amortization of treasury-rate locks	$	—	$	—	$	1	Increase to interest and debt expense
Tax effect	—		—		—		Decrease to provision for income taxes
Recognized within net income, net of taxes	$	—	$	—	$	1	Decrease to net income

(a)Detailed in Note 8.