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Property, Plant and Equipment (Tables)

9 Months Ended

Sep. 30, 2020

Property, Plant and Equipment [Abstract]

Schedule of Components of Property, Plant and Equipment

Property, plant and equipment consisted of the following:

			As of September 30, 2020						As of December 31, 2019
			(in millions)
Land and land improvements			$	413					$	422
Buildings and building improvements			3,128						3,140
Machinery and equipment			11,419						11,295
Construction in progress			612						680
			15,572						15,537
Accumulated depreciation			(7,039)						(6,804)
Property, plant and equipment, net			$	8,533					$	8,733

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) and losses/(gains) on disposal 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,
			2020						2019						2020						2019
			(in millions)
Latin America			$	(13)					$	1					$	(13)					$	1
AMEA			—						(5)						4						(7)
Europe			1						42						3						45
North America			(1)						1						1						5
Total			$	(13)					$	39					$	(5)					$	44

During the three and nine months ended September 30, 2020 and September 30, 2019, and since inception of the Simplify to Grow Program, we recorded the following restructuring and implementation costs within segment operating income and earnings before income taxes:

			Latin America						AMEA						Europe						North America						Corporate						Total
			(in millions)
For the Three Months Ended September 30, 2020
Restructuring Costs			$	1					$	21					$	40					$	3					$	3					$	68
Implementation Costs			4						6						15						15						6						46
Total			$	5					$	27					$	55					$	18					$	9					$	114
For the Three Months Ended September 30, 2019
Restructuring Costs			$	3					$	(3)					$	73					$	1					$	3					$	77
Implementation Costs			8						9						27						9						22						75
Total			$	11					$	6					$	100					$	10					$	25					$	152
For the Nine Months Ended September 30, 2020
Restructuring Costs			$	19					$	25					$	52					$	3					$	12					$	111
Implementation Costs			12						12						40						36						41						141
Total			$	31					$	37					$	92					$	39					$	53					$	252
For the Nine Months Ended September 30, 2019
Restructuring Costs			$	10					$	6					$	84					$	7					$	10					$	117
Implementation Costs			36						22						55						22						58						193
Total			$	46					$	28					$	139					$	29					$	68					$	310
Total Project (Inception to Date)
Restructuring Costs			$	536					$	560					$	1,128					$	472					$	141					$	2,837
Implementation Costs			281						218						488						420						348						1,755
Total			$	817					$	778					$	1,616					$	892					$	489					$	4,592

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Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

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Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

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