Supplemental Balance Sheet Information (Tables)

12 Months Ended

Dec. 31, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Supplemental balance sheet information

Additional supplemental balance sheet information is provided in the table that follows.

(Millions)	2021		2020
Other current assets
Derivative assets-current	$	78	$	34
Insurance related (receivables, prepaid expenses and other)	110		125
Other	151		166
Total other current assets	$	339	$	325
Property, plant and equipment - at cost
Land	$	312	$	338
Buildings and leasehold improvements	8,086		8,021
Machinery and equipment	17,305		16,866
Construction in progress	1,510		1,425
Gross property, plant and equipment	27,213		26,650
Accumulated depreciation	(17,784)		(17,229)
Property, plant and equipment - net	$	9,429	$	9,421
Other assets
Deferred income taxes	$	581	$	871
Prepaid pension and post retirement	943		630
Insurance related receivables and other	51		49
Cash surrender value of life insurance policies	261		258
Equity method investments	129		134
Equity and other investments	133		80
Other	510		418
Total other assets	$	2,608	$	2,440
Other current liabilities
Accrued rebates	$	731	$	639
Deferred revenue	529		498
Derivative liabilities	23		81
Employee benefits and withholdings	219		192
Contingent liability claims and other	487		556
Property, sales-related and other taxes	326		308
Pension and postretirement benefits	78		71
Other	798		933
Total other current liabilities	$	3,191	$	3,278
Other liabilities
Long term income taxes payable	$	1,324	$	1,511
Employee benefits	400		410
Contingent liability claims and other	872		815
Finance lease obligations	93		93
Deferred income taxes	458		333
Other	256		300
Total other liabilities	$	3,403	$	3,462