Property, Plant and Equipment (Tables)

6 Months Ended

Jun. 30, 2018

Property, Plant and Equipment [Line Items]

Schedule of Components of Property, Plant and Equipment

Property, plant and equipment consisted of the following:



	As of June 30, 2018			As of December 31, 2017
	(in millions)
Land and land improvements	$	439		$	458
Buildings and building improvements	2,950			2,979
Machinery and equipment	10,947			11,195
Construction in progress	984			1,048
	15,320			15,680
Accumulated depreciation	(6,936		)	(7,003		)
Property, plant and equipment, net	$	8,384		$	8,677

2014-2018 Restructuring Program

Property, Plant and Equipment [Line Items]

Schedule of Restructuring Charges Related to Property, Plant and Equipment

During the three and six months ended June 30, 2018 and June 30, 2017, and since inception of the 2014-2018 Restructuring Program, we recorded the following restructuring and implementation costs within segment operating income and earnings before income taxes:



	Latin America		AMEA		Europe		North America ⁽¹⁾		Corporate ⁽²⁾		Total
	(in millions)
For the Three Months Ended June 30, 2018
Restructuring Costs	$	12	$	17	$	63	$	14	$	6	$	112
Implementation Costs	15		8		13		21		13		70
Total	$	27	$	25	$	76	$	35	$	19	$	182
For the Three Months Ended June 30, 2017
Restructuring Costs	$	8	$	48	$	50	$	26	$	16	$	148
Implementation Costs	10		10		19		13		11		63
Total	$	18	$	58	$	69	$	39	$	27	$	211
For the Six Months Ended June 30, 2018
Restructuring Costs	$	36	$	23	$	70	$	26	$	9	$	164
Implementation Costs	30		20		29		38		15		132
Total	$	66	$	43	$	99	$	64	$	24	$	296
For the Six Months Ended June 30, 2017
Restructuring Costs	$	31	$	73	$	119	$	65	$	17	$	305
Implementation Costs	20		20		31		25		21		117
Total	$	51	$	93	$	150	$	90	$	38	$	422
Total Project 2014-2018 ⁽³⁾
Restructuring Costs	$	466	$	471	$	909	$	445	$	107	$	2,398
Implementation Costs	182		149		301		291		236		1,159
Total	$	648	$	620	$	1,210	$	736	$	343	$	3,557


(1)	During 2018 and 2017, our North America region implementation costs included incremental costs that we incurred related to renegotiating collective bargaining agreements that expired in February 2016 for eight U.S. facilities and related to executing business continuity plans for the North America business.

(2)

During the first quarter of 2018, in connection with adopting a new pension cost classification accounting standard, we reclassified certain of our benefit plan component costs other than service costs out of operating income into a new line, benefit plan non-service income, on our condensed consolidated statements of earnings. As such, we have recast our historical operating income, segment operating income and restructuring and implementation costs by segment to reflect this reclassification, which had no impact to earnings before income taxes or net earnings. The benefit plan non-service income amounts no longer recorded in segment operating income are included within the Corporate column in the table above. The Corporate column also includes minor adjustments for rounding.


(3)	Includes all charges recorded since program inception on May 6, 2014 through June 30, 2018.

Property Plant and Equipment | Asset impairment and exit costs

Property, Plant and Equipment [Line Items]

Schedule of Restructuring Charges Related to Property, Plant and Equipment

In connection with our restructuring program, we recorded non-cash property, plant and equipment write-downs (including accelerated depreciation and asset impairments) in the condensed consolidated statements of earnings within asset impairment and exit costs and within the segment results as follows (refer to Note 7, 2014-2018 Restructuring Program).



	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2018		2017		2018		2017
	(in millions)
Latin America	$	6	$	6	$	14	$	12
AMEA	4		30		8		42
Europe	1		4		6		42
North America	2		7		8		22
Non-cash property, plant and equipment write-downs	$	13	$	47	$	36	$	118