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Impairments and Other Charges | 9 Months Ended
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Sep. 30, 2019
Impairments and Other Charges [Abstract] |
Restructuring, Impairment, and Other Activities Disclosure | Impairments and Other Charges During the nine months ended September 30, 2019, we recognized certain impairments and other charges as we continue to adjust our cost structure and footprint to the current operating environment. The following table presents various pre-tax charges we recorded during the nine months ended September 30, 2019 and 2018, which are reflected within "impairments and other charges" on our condensed consolidated statements of operations. There were no impairments and other charges recorded during the three months ended September 30, 2019 or 2018.
| Nine Months Ended
Millions of dollars | September 30, 2019 | September 30, 2018
Long-lived asset impairments | $ | 150 |  | $ | — |
Severance costs | 77 |  | — |
Inventory write-downs | 33 |  | — |
Venezuela investment write-down | — |  | 265 |
Other | 48 |  | — |
Total impairments and other charges | $ | 308 |  | $ | 265 |

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- Definition The entire 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 No definition available. + Details
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