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SUPPLEMENTAL FINANCIAL INFORMATION
 9 Months Ended
Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
SUPPLEMENTAL FINANCIAL INFORMATION SUPPLEMENTAL FINANCIAL INFORMATION
Allowance for Doubtful Accounts
The following table is a summary of the changes in our allowance for doubtful accounts for the three and nine months ended September 30, 2024 and 2023.
Three Months Ended September 30,Nine Months Ended September 30,
(in millions)2024202320242023
Balance at beginning of period$67 $61 $62 $50 
Charged to costs and expenses4 2 4 17 
Write-offs(3)1 (6)(2)
Currency translation adjustments(3)2 5 1 
Balance at end of period$65 $66 $65 $66 
Inventories
(in millions)September 30,
2024		December 31,
2023
Raw materials$532 $530 
Work in process256 234 
Finished goods1,315 1,154 
Inventories$2,103 $1,918 
Property, Plant and Equipment, Net
(in millions)September 30,
2024		December 31,
2023
Property, plant and equipment, at cost$7,605 $7,650 
Accumulated depreciation(4,772)(4,779)
Property, plant and equipment, net$2,833 $2,871 
Interest Expense, Net
Three Months Ended September 30,Nine Months Ended September 30,
(in millions)2024202320242023
Interest expense, net of capitalized interest$101 $136 $308 $394 
Interest income(14)(9)(57)(27)
Interest expense, net$87 $127 $251 $367 
Other (Income) Expense, Net
Three Months Ended September 30,Nine Months Ended September 30,
(in millions)2024202320242023
Foreign exchange losses, net$7 $10 $21 49 
Pension and other postretirement benefit plans(9)(15)(34)(37)
Change in fair value of marketable equity securities— (3)(3)3 
Non-marketable investment impairments— — — 13 
Other, net1 (4)(18)(13)
Other (income) expense, net$(1)$(12)$(34)$15 
Non-Cash Operating and Investing Activities
Right-of-use operating lease assets obtained in exchange for lease obligations for the nine months ended September 30, 2024 and 2023 were $54 million and $55 million, respectively.
Purchases of property, plant and equipment included in accounts payable as of September 30, 2024 and 2023 were $34 million and $30 million, respectively.