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Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2018
Accounting Policies [Abstract]  
Schedule of Property, Plant and Equipment Useful Lives

Land is not depreciated. Depreciation on fixed assets is computed using the straight-line method over their estimated useful lives, as follows:

 

Buildings

     33 years  

Facilities and leasehold improvements

     5-10 years  

Machinery and equipment

     2-10 years  

Computer and R&D equipment

     3-6 years  

Other

     2-5 years  

Components on Consolidated Statements of Income Impacted
While the adoption of this standard did not impact Revenue, Net income, Earnings per share or Cash flows from operating activities, the following components on the Consolidated Statements of Income for the year ended December 31, 2017 and 2016 were impacted:

 

     Twelve months ended
December 31, 2017
    Twelve months ended
December 31, 2016
 
     Reported     Restated     Reported     Restated  

Cost of sales

     (5,079     (5,075     (4,518     (4,514

Gross profit

     3,268       3,272       2,455       2,459  

Selling, general and administrative

     (983     (981     (911     (907

Research and development

     (1,302     (1,296     (1,336     (1,331

Operating income

     993       1,005       214       227  

Other components of pension benefit costs

     —         (12     —         (13