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Property, Plant and Equipment
 9 Months Ended
Sep. 30, 2018
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Note 4. Property, Plant and Equipment

Property, plant and equipment consisted of the following:
 
As of September 30,
2018
 
As of December 31,
2017
 
(in millions)
Land and land improvements
$
431

 
$
458

Buildings and building improvements
2,984

 
2,979

Machinery and equipment
10,997

 
11,195

Construction in progress
919

 
1,048

 
15,331

 
15,680

Accumulated depreciation
(6,928
)
 
(7,003
)
Property, plant and equipment, net
$
8,403

 
$
8,677



For the nine months ended September 30, 2018, capital expenditures of $810 million excluded $249 million of accrued capital expenditures remaining unpaid at September 30, 2018 and included payment for a portion of the $357 million of capital expenditures that were accrued and unpaid at December 31, 2017. For the nine months ended September 30, 2017, capital expenditures of $721 million excluded $220 million of accrued capital expenditures remaining unpaid at September 30, 2017 and included payment for a portion of the $343 million of capital expenditures that were accrued and unpaid at December 31, 2016.

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, Restructuring Program).
 
For the Three Months Ended
September 30,
 
For the Nine Months Ended
September 30,
 
2018
 
2017
 
2018
 
2017
 
(in millions)
Latin America
$
4

 
$
13

 
$
18

 
$
25

AMEA
(4
)
 
20

 
4

 
62

Europe
9

 
10

 
15

 
52

North America
(4
)
 
3

 
5

 
25

Non-cash property, plant and equipment
   write-downs
$
5

 
$
46

 
$
42

 
$
164