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Property, Plant and Equipment (Tables) | 12 Months Ended
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Dec. 31, 2023
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,
| 2023 |  | 2022
| (in millions)
Land and land improvements | $ | 384 |  |  | $ | 378 |
Buildings and building improvements | 3,452 |  |  | 3,250 |
Machinery and equipment | 12,736 |  |  | 11,724 |
Construction in progress | 1,118 |  |  | 879 |
| 17,690 |  |  | 16,231 |
Accumulated depreciation | (7,996) |  |  | (7,211) |
Property, plant and equipment, net | $ | 9,694 |  |  | $ | 9,020 |
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,
| 2023 |  | 2022 |  | 2021
| (in millions)
Latin America | $ | — |  |  | $ | (3) |  |  | $ | 1 |
AMEA | (1) |  |  | 3 |  |  | (15) |
Europe | 2 |  |  | 4 |  |  | 7 |
North America | 16 |  |  | (1) |  |  | 65 |
Corporate | — |  |  | — |  |  | — |
Total | $ | 17 |  |  | $ | 3 |  |  | $ | 58 |
During 2023, 2022 and 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 Year Ended December 31, 2023 |  |  |  |  |  |  |  |  |  |  |
Restructuring Costs | $ | (3) |  |  | $ | 7 |  |  | $ | 79 |  |  | $ | 19 |  |  | $ | 4 |  |  | $ | 106 |
Implementation Costs | 1 |  |  | — |  |  | 12 |  |  | 8 |  |  | 4 |  |  | 25 |
Total | $ | (2) |  |  | $ | 7 |  |  | $ | 91 |  |  | $ | 27 |  |  | $ | 8 |  |  | $ | 131 |
For the Year Ended December 31, 2022 |  |  |  |  |  |  |  |  |  |  |
Restructuring Costs | $ | (6) |  |  | $ | 13 |  |  | $ | 16 |  |  | $ | 12 |  |  | $ | 1 |  |  | $ | 36 |
Implementation Costs | 7 |  |  | 6 |  |  | 25 |  |  | 37 |  |  | 12 |  |  | 87 |
Total | $ | 1 |  |  | $ | 19 |  |  | $ | 41 |  |  | $ | 49 |  |  | $ | 13 |  |  | $ | 123 |
For the Year Ended December 31, 2021 |  |  |  |  |  |  |  |  |  |  |
Restructuring Costs | $ | 7 |  |  | $ | (17) |  |  | $ | 4 |  |  | $ | 153 |  |  | $ | 7 |  |  | $ | 154 |
Implementation Costs | 9 |  |  | 10 |  |  | 33 |  |  | 97 |  |  | 18 |  |  | 167 |
Total | $ | 16 |  |  | $ | (7) |  |  | $ | 37 |  |  | $ | 250 |  |  | $ | 25 |  |  | $ | 321 |
Total Project (Inception to Date) |  |  |  |  |  |  |  |  |  |  |
Restructuring Costs | $ | 545 |  |  | $ | 561 |  |  | $ | 1,242 |  |  | $ | 676 |  |  | $ | 154 |  |  | $ | 3,178 |
Implementation Costs | 304 |  |  | 245 |  |  | 581 |  |  | 598 |  |  | 372 |  |  | 2,100 |
Total | $ | 849 |  |  | $ | 806 |  |  | $ | 1,823 |  |  | $ | 1,274 |  |  | $ | 526 |  |  | $ | 5,278 |

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