Supplementary Information (Tables)

3 Months Ended

Mar. 31, 2018

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Other Nonoperating Income (Expense)

Sundry Income - Net	Successor			Predecessor
(In millions)	Three Months Ended March 31, 2018			Three Months Ended March 31, 2017
Royalty income1				$	45
Interest income	$	28		25
Equity in earnings of affiliates - net	14			18
Net gain on sales of businesses and other assets2	2			192
Net exchange losses	(132		)	(59		)
Non-operating pension and other post employment benefit credit (cost)3	92			(104		)
Miscellaneous income and expenses - net4	43			85
Sundry income - net	$	47		$	202

^1.  In the Successor period, royalty income of $40 million is included in Net Sales.

^2.   Includes a pre-tax gain of $162 million ($86 million net of tax) for the three months ended March 31, 2017 related to the sale of global food safety diagnostics. See Note 4 for additional information.

^3.  Includes non-service related components of net periodic benefit credits (costs) (interest cost, expected return on plan assets, amortization of unrecognized loss, and amortization of prior service benefit).  See Note 2 for discussion of the retrospective adoption of ASU No. 2017-07.

^4.  Miscellaneous income and expenses - net, includes interest items (Predecessor period only), gains related to litigation settlements, and other items.

Foreign Currency Exchange Gain (Loss)

	Successor			Predecessor
(In millions)	Three Months Ended March 31, 2018			Three Months Ended March 31, 2017
Subsidiary Monetary Position (Loss) Gain
Pre-tax exchange gain	$	49		$	26
Local tax benefits	32			36
Net after-tax impact from subsidiary exchange gain	$	81		$	62
Hedging Program Gain (Loss)
Pre-tax exchange loss1	$	(181	)	$	(85	)
Tax benefits	42			30
Net after-tax impact from hedging program exchange loss	$	(139	)	$	(55	)
Total Exchange Gain (Loss)
Pre-tax exchange loss	$	(132	)	$	(59	)
Tax benefits	74			66
Net after-tax exchange (loss) gain	$	(58	)	$	7

^1.  Includes a $(50) million foreign exchange loss related to adjustments to foreign currency exchange contracts as a result of U.S. tax reform.

Restrictions on Cash and Cash Equivalents

	Successor
(In millions)	March 31, 2018		December 31, 2017
Cash and cash equivalents	$	5,095	$	7,250
Restricted cash	534		558
Total cash, cash equivalents and restricted cash	$	5,629	$	7,808