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Impairments and Other Charges (Tables)
6 Months Ended
Jun. 30, 2015
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs [Table Text Block]
The following table presents various charges we recorded during the three and six months ended June 30, 2015 as a result of the economic downturn and other matters:
Millions of dollars
Three Months Ended
June 30, 2015
Six Months Ended
June 30, 2015
Income Statement Classification
Economic downturn:
 
 
 
Fixed asset impairments
$
177

$
494

Impairments and other charges
Severance costs
78

212

Impairments and other charges
Inventory write-downs
39

346

Impairments and other charges
Intangible asset impairments
8

172

Impairments and other charges
Other

152

Impairments and other charges
Other matters:
 
 
 
Country closures
2

77

Impairments and other charges
Other
2

61

Impairments and other charges
Total impairments and other charges
$
306

$
1,514


Venezuela currency devaluation loss

199

Other, net
Total charges
$
306

1,713