XML 51 R33.htm IDEA: XBRL DOCUMENT v3.20.4

Property, Plant and Equipment (Tables)

12 Months Ended

Dec. 31, 2020

Property, Plant and Equipment [Abstract]

Schedule of Components of Property, Plant and Equipment

Property, plant and equipment consisted of the following:

			As of December 31,
			2020						2019
			(in millions)
Land and land improvements			$	422					$	422
Buildings and building improvements			3,252						3,140
Machinery and equipment			12,053						11,295
Construction in progress			628						680
			16,355						15,537
Accumulated depreciation			(7,329)						(6,804)
Property, plant and equipment, net			$	9,026					$	8,733

Schedule of Changes Related to Property in Connection with Restructuring Program

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 within asset impairment and exit costs on the consolidated statements of earnings and within the segment results as follows (refer to Note 8, Restructuring Program):

			For the Years Ended December 31,
			2020						2019						2018
			(in millions)
Latin America			$	(12)					$	—					$	25
AMEA			(7)						(2)						5
Europe			5						46						15
North America			1						5						13
Corporate			—						1						1
Total			$	(13)					$	50					$	59

During 2020, 2019 and 2018, 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 Year Ended December 31, 2020
Restructuring Costs			$	30					$	23					$	67					$	23					$	13					$	156
Implementation Costs			18						23						63						72						31						207
Total			$	48					$	46					$	130					$	95					$	44					$	363
For the Year Ended December 31, 2019
Restructuring Costs			$	24					$	18					$	105					$	16					$	13					$	176
Implementation Costs			50						38						103						52						29						272
Total			$	74					$	56					$	208					$	68					$	42					$	448
For the Year Ended December 31, 2018
Restructuring Costs			$	63					$	69					$	132					$	32					$	20					$	316
Implementation Costs			67						39						73						79						57						315
Total			$	130					$	108					$	205					$	111					$	77					$	631
Total Project (Inception to Date)
Restructuring Costs			$	547					$	558					$	1,143					$	492					$	142					$	2,882
Implementation Costs			287						229						511						456						338						1,821
Total			$	834					$	787					$	1,654					$	948					$	480					$	4,703

X

- References

No definition available.

+ Details

Name:	us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(13))
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

+ Details

Name:	us-gaap_PropertyPlantAndEquipmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 5.P.3)
-URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140864-122747

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB TOPIC 5.P.4)
-URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747

+ Details

Name:	us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration