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Property, Plant and Equipment (Tables) | 9 Months Ended
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Sep. 30, 2022
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, 2022 |  | As of December 31, 2021
| (in millions)
Land and land improvements | $ | 349 |  |  | $ | 379 |
Buildings and building improvements | 3,123 |  |  | 3,139 |
Machinery and equipment | 11,474 |  |  | 11,842 |
Construction in progress | 783 |  |  | 732 |
| 15,729 |  |  | 16,092 |
Accumulated depreciation | (7,097) |  |  | (7,434) |
Property, plant and equipment, net | $ | 8,632 |  |  | $ | 8,658 |
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,
| 2022 |  | 2021 |  | 2022 |  | 2021
| (in millions)
Latin America | $ | (2) |  |  | $ | — |  |  | $ | (3) |  |  | $ | — |
AMEA | 2 |  |  | — |  |  | 2 |  |  | (16) |
Europe | 1 |  |  | 3 |  |  | 4 |  |  | 6 |
North America | (11) |  |  | 48 |  |  | (7) |  |  | 165 |
Total | $ | (10) |  |  | $ | 51 |  |  | $ | (4) |  |  | $ | 155 |
During the three and nine months ended September 30, 2022 and September 30, 2021, 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, 2022 |  |  |  |  |  |  |  |  |  |  |
Restructuring Costs | $ | (2) |  |  | $ | 1 |  |  | $ | 3 |  |  | $ | (8) |  |  | $ | (1) |  |  | $ | (7) |
Implementation Costs | 1 |  |  | — |  |  | 5 |  |  | 8 |  |  | 9 |  |  | 23 |
Total | $ | (1) |  |  | $ | 1 |  |  | $ | 8 |  |  | $ | — |  |  | $ | 8 |  |  | $ | 16 |
For the Three Months Ended September 30, 2021 |  |  |  |  |  |  |  |  |  |  |
Restructuring Costs | $ | 1 |  |  | $ | 1 |  |  | $ | 2 |  |  | $ | 57 |  |  | $ | 1 |  |  | $ | 62 |
Implementation Costs | — |  |  | 2 |  |  | 6 |  |  | 51 |  |  | 6 |  |  | 65 |
Total | $ | 1 |  |  | $ | 3 |  |  | $ | 8 |  |  | $ | 108 |  |  | $ | 7 |  |  | $ | 127 |
For the Nine Months Ended September 30, 2022 |  |  |  |  |  |  |  |  |  |  |
Restructuring Costs | $ | (5) |  |  | $ | 3 |  |  | $ | 5 |  |  | $ | 4 |  |  | $ | 1 |  |  | $ | 8 |
Implementation Costs | 5 |  |  | 4 |  |  | 18 |  |  | 24 |  |  | 11 |  |  | 62 |
Total | $ | — |  |  | $ | 7 |  |  | $ | 23 |  |  | $ | 28 |  |  | $ | 12 |  |  | $ | 70 |
For the Nine Months Ended September 30, 2021 |  |  |  |  |  |  |  |  |  |  |
Restructuring Costs | $ | 4 |  |  | $ | (18) |  |  | $ | 7 |  |  | $ | 250 |  |  | $ | 7 |  |  | $ | 250 |
Implementation Costs | 7 |  |  | 7 |  |  | 27 |  |  | 78 |  |  | 13 |  |  | 132 |
Total | $ | 11 |  |  | $ | (11) |  |  | $ | 34 |  |  | $ | 328 |  |  | $ | 20 |  |  | $ | 382 |
Total Project (Inception to Date) |  |  |  |  |  |  |  |  |  |  |
Restructuring Costs | $ | 549 |  |  | $ | 544 |  |  | $ | 1,152 |  |  | $ | 649 |  |  | $ | 150 |  |  | $ | 3,044 |
Implementation Costs | 301 |  |  | 243 |  |  | 562 |  |  | 577 |  |  | 367 |  |  | 2,050 |
Total | $ | 850 |  |  | $ | 787 |  |  | $ | 1,714 |  |  | $ | 1,226 |  |  | $ | 517 |  |  | $ | 5,094 |

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