Assets and Liabilities Held for Sale (Tables)

12 Months Ended

Dec. 31, 2018

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations

The carrying amounts of the major classes of Embraco's assets and liabilities as of December 31, 2018 and December 31, 2017 include the following:

Millions of dollars	December 31, 2018		December 31, 2017
Accounts receivable, net of allowance of $8 and $7, respectively	198		202
Inventories	165		215
Prepaid and other current assets	42		61
Property, net of accumulated depreciation of $616 and $740, respectively	364		390
Other noncurrent assets	49		36
Total assets	$	818	$	904
Accounts payable	$	361	$	392
Accrued expenses	27		25
Accrued advertising and promotion	12		24
Other current liabilities	55		42
Other noncurrent liabilities	34		45
Total liabilities	$	489	$	528

The following table summarizes Embraco's earnings before income taxes for the twelve months ended December 31, 2018, 2017 and 2016:

Millions of dollars	2018	2017	2016
Earnings before income taxes	53	90	110