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Supplemental Balance Sheet Information
12 Months Ended
Dec. 31, 2012
Supplemental Balance Sheet Information  
Supplemental Balance Sheet Information

NOTE 4. Supplemental Balance Sheet Information

 

Accounts payable (included as a separate line item in the Consolidated Balance Sheet) includes drafts payable on demand of $74 million at December 31, 2012, and $82 million at December 31, 2011. Accumulated depreciation for capital leases totaled $73 million and $60 million as of December 31, 2012, and 2011, respectively. Additional supplemental balance sheet information is provided in the table that follows.

(Millions) 2012 2011
Other current assets    
Prepaid expenses and other $ 555 $ 676
Deferred income taxes   472   385
Derivative assets-current   49   107
Product and other insurance receivables   125   109
 Total other current assets $ 1,201 $ 1,277
        
Investments      
Equity method $ 105 $ 98
Cost method   47   47
Other investments   11   10
 Total investments $ 163 $ 155
        
Property, plant and equipment - at cost      
Land $ 413 $ 377
Buildings and leasehold improvements   6,975   6,587
Machinery and equipment   14,190   13,240
Construction in progress   791   814
Capital leases   156   148
Gross property, plant and equipment   22,525   21,166
Accumulated depreciation   (14,147)   (13,500)
 Property, plant and equipment - net $ 8,378 $ 7,666
        
Other assets      
Deferred income taxes $ 578 $ 1,018
Product and other insurance receivables   139   151
Cash surrender value of life insurance policies   230   223
Other assets   270   264
 Total other assets $ 1,217 $ 1,656
        
Other current liabilities      
Accrued trade payables $ 516 $ 516
Deferred income   471   389
Derivative liabilities   106   49
Restructuring actions   31   6
Employee benefits and withholdings   178   160
Product and other claims   147   159
Property and other taxes   87   94
Pension and postretirement benefits   55   53
Deferred income taxes   45   23
Other   645   636
 Total other current liabilities $ 2,281 $ 2,085
        
Other liabilities      
Long term income taxes payable $ 454 $ 595
Employee benefits   332   351
Product and other claims   314   329
Capital lease obligations   71   79
Deferred income   29   19
Deferred income taxes   167   251
Other   267   233
 Total other liabilities $ 1,634 $ 1,857