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Supplemental Data (Tables)
12 Months Ended
Dec. 31, 2022
Supplemental Income Statement Data
Supplemental Income Statement Data
Year Ended December 31
202220212020
Advertising expense$901 $893 $956 
Research expense292 269 276 
Equity Companies' Data
Equity Companies' Data
Net
Sales
Gross
Profit
Operating
Profit
Net
Income
Corporation's
Share of Net
Income
2022$2,690 $707 $438 $240 $116 
20212,501 696 398 205 98 
20202,358 786 507 299 142 
Current
Assets
Noncurrent
Assets
Current
Liabilities
Noncurrent
Liabilities
Stockholders'
Equity
2022$1,585 $1,303 $814 $1,751 $323 
20211,283 1,219 809 1,334 360 
20201,585 1,203 842 1,563 382 
Summary of Inventories by Major Class
December 31
20222021
Summary of Inventories by Major ClassLIFONon-
LIFO
TotalLIFONon-
LIFO
Total
Raw materials$147 $425 $572 $141 $352 $493 
Work in process139 107 246 153 89 242 
Finished goods518 870 1,388 607 835 1,442 
Supplies and other 302 302 — 280 280 
804 1,704 2,508 901 1,556 2,457 
Excess of FIFO or weighted-average cost over LIFO cost(239) (239)(218)— (218)
Total$565 $1,704 $2,269 $683 $1,556 $2,239 
Property, Plant and Equipment
December 31
Summary of Property, Plant and Equipment, Net20222021
Land$156 $169 
Buildings3,062 2,993 
Machinery and equipment14,655 14,606 
Construction in progress676 760 
18,549 18,528 
Less accumulated depreciation(10,664)(10,431)
Total$7,885 $8,097 
Schedule of Accrued Liabilities
December 31
Summary of Accrued Expenses and Other Current Liabilities20222021
Accrued advertising and promotion$455 $434 
Accrued salaries and wages421 403 
Accrued rebates285 249 
Accrued taxes - income and other318 323 
Operating leases127 130 
Accrued restructuring 75 
Accrued interest82 85 
Derivative liabilities200 23 
Other401 374 
Total$2,289 $2,096 
Summary of Cash Flow Effects of Operating Working Capital
Supplemental Cash Flow Statement Data
Summary of Cash Flow Effects of Operating Working CapitalYear Ended December 31
202220212020
Accounts receivable$(151)$(37)$95 
Inventories(76)(417)(96)
Trade accounts payable109 627 239 
Accrued expenses92 (124)132 
Accrued income taxes20 (4)42 
Derivatives9 30 (9)
Currency and other(20)(29)(40)
Total$(17)$46 $363 
Supplemental Cash Flow Data
Year Ended December 31
Other Cash Flow Data202220212020
Interest paid$270 $243 $245 
Income taxes paid468 492 533 
Accounts Receivable, Net  
Supplemental Balance Sheet Data
December 31
Summary of Accounts Receivable, Net20222021
From customers$2,155 $2,092 
Other189 170 
Less allowance for doubtful accounts and sales discounts(64)(55)
Total$2,280 $2,207