XML 48 R34.htm IDEA: XBRL DOCUMENT v3.22.4
BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2022
Accounting Policies [Abstract]  
Property, Plant and Equipment The range of useful lives for the major components of the Company’s plant and equipment is as follows:            
Buildings and leasehold improvements
15 – 40 years
Machinery and equipment
Furnaces
4 – 15 years
Information systems
5 – 10 years
Equipment
5 – 20 years
Property, plant and equipment consist of the following (in millions):
December 31,
20222021
Land$166 $219 
Buildings and leasehold improvements1,221 1,265 
Machinery and equipment5,220 5,343 
Construction in progress522 387 
7,129 7,214 
Accumulated depreciation(3,400)(3,341)
Property, plant and equipment, net$3,729 $3,873 
Outstanding Obligations Under Supplier Finance Programs The Company's outstanding obligations under the programs for the twelve months ended December 31, 2022 and 2021 are as follows:
Twelve Months Ended December 31,
20222021
Confirmed obligations outstanding at the beginning of the year$226 $170 
Invoices confirmed during the year656 587 
Confirmed invoices paid during the year(648)(531)
Confirmed obligations outstanding at the end of the year$234 $226