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Property, Plant and Equipment (Tables)

9 Months Ended

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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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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