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Divestitures and Held for Sale (Tables)
6 Months Ended
Jun. 30, 2019
Discontinued Operations and Disposal Groups [Abstract]  
Disposal Groups, Including Discontinued Operations
The carrying amounts of the major classes of Embraco's assets and liabilities at June 30, 2019 and December 31, 2018 include the following:

Millions of dollars
June 30, 2019

December 31, 2018
Accounts receivable, net of allowance of $2 and $8, respectively
232

 
198

Inventories
234

 
165

Prepaid and other current assets
30

 
42

Property, net of accumulated depreciation of $532 and $616, respectively
386

 
364

Right of use assets
43

 

Other noncurrent assets
38

 
49

Total assets
$
963

 
$
818

 
 
 
 
Accounts payable
$
394

 
$
361

Accrued expenses
15

 
27

Accrued advertising and promotion
8

 
12

Other current liabilities
56

 
55

Lease liabilities
36

 

Other noncurrent liabilities
15

 
34

Total liabilities
$
524

 
$
489


The following table summarizes Embraco's earnings before income taxes for the periods presented:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
Millions of dollars
2019
 
2018
 
2019
 
2018
Earnings before income taxes
$
24

 
$
9

 
$
47

 
$
16