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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2017
Accounting Policies [Abstract]  
Inventories

 

as of December 31 (in millions)

 

2017

 

 

2016

 

Raw materials

 

$

347

 

 

$

319

 

Work in process

 

 

116

 

 

 

122

 

Finished goods

 

 

1,012

 

 

 

989

 

Inventories

 

$

1,475

 

 

$

1,430

 

 

Property, Plant and Equipment, Net

 

as of December 31 (in millions)

 

2017

 

 

2016

 

Land

 

$

144

 

 

$

118

 

Buildings and leasehold improvements

 

 

1,687

 

 

 

1,486

 

Machinery and equipment

 

 

6,220

 

 

 

5,551

 

Equipment with customers

 

 

1,403

 

 

 

1,297

 

Construction in progress

 

 

694

 

 

 

710

 

Total property, plant and equipment, at cost

 

 

10,148

 

 

 

9,162

 

Accumulated depreciation

 

 

(5,560

)

 

 

(4,873

)

Property, plant and equipment (PP&E), net

 

$

4,588

 

 

$

4,289