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SUPPLEMENTAL FINANCIAL INFORMATION (Tables)
 12 Months Ended
Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Inventories Inventories
as of December 31 (in millions)
2021
2020
Raw materials$591 $460 
Work in process300 196 
Finished goods1,562 1,260 
Inventories$2,453 $1,916 
Prepaid Expenses and Other Prepaid Expenses and Other Current Assets
as of December 31 (in millions)20212020
Prepaid value added taxes$199 $163 
Prepaid income taxes166 183 
Contract assets84 70 
Other390 342 
Prepaid expenses and other current assets$839 $758 
Property, Plant and Equipment, Net Property, Plant and Equipment, Net
as of December 31 (in millions)20212020
Land and land improvements$172 $166 
Buildings and leasehold improvements1,915 1,849 
Machinery and equipment7,097 6,884 
Equipment on lease with customers1,684 1,671 
Construction in progress860 701 
Total property, plant and equipment, at cost11,728 11,271 
Accumulated depreciation(6,550)(6,549)
Property, plant and equipment, net$5,178 $4,722 
Other Long-Term Assets
as of December 31 (in millions)20212020
Deferred tax assets$376 $748 
Non-current receivables, net113 158 
Contract assets111 64 
Capitalized implementation costs in hosting arrangements99 68 
Pension and other postretirement benefits228 155 
Investments154 135 
Other132 67 
Other non-current assets$1,213 $1,395 
Accounts Payable and Accrued Liabilities
as of December 31 (in millions)20212020
Common stock dividends payable$140 $125 
Employee compensation and withholdings608 415 
Property, payroll and certain other taxes174 148 
Contract liabilities162 32 
Restructuring liabilities97 92 
Accrued rebates312 239 
Operating lease liabilities128 111 
Income taxes payable90 135 
Pension and other postretirement benefits46 48 
Contingent payments related to acquisitions21 16 
Other701 523 
Accrued expenses and other current liabilities$2,479 $1,884 
Other Long-Term Liabilities
as of December 31 (in millions)20212020
Pension and other postretirement benefits$1,052 $1,214 
Deferred tax liabilities962 143 
Long-term tax liabilities80 84 
Contingent payments related to acquisitions122 14 
Contract liabilities84 34 
Litigation and environmental reserves28 29 
Restructuring liabilities12 21 
Other153 134 
Other non-current liabilities$2,493 $1,673 
Net Interest Expense
years ended December 31 (in millions)202120202019
Interest costs$217 $162 $120 
Interest costs capitalized(11)(9)(9)
Interest expense206 153 111 
Interest income(14)(19)(40)
Interest expense, net$192 $134 $71 
Other (Income) Expense, Net
years ended December 31 (in millions)202120202019
Foreign exchange (gains) losses, net$19 $49 $37 
Change in fair value of marketable equity securities7 (13)(1)
Loss on debt extinguishment5 110 — 
Pension settlements2 46 755 
Pension and other postretirement benefit plans11 (3)(53)
Other, net(3)1 (7)
Other expense, net$41 $190 $731 
Supplemental Cash Flow Information
year ended December 31 (in millions)202120202019
Interest paid, net of portion capitalized$145 $137 $103 
Income taxes paid$282 $249 $294