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Supplemental Balance Sheet Information
12 Months Ended
Dec. 31, 2014
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 $1 million at December 31, 2014, and $24 million at December 31, 2013. Accumulated depreciation for capital leases totaled $87 million and $85 million as of December 31, 2014, and 2013, respectively. Additional supplemental balance sheet information is provided in the table that follows.

(Millions) 2014 2013
Other current assets    
Prepaid expenses and other $ 595 $ 602
Deferred income taxes   444   502
Derivative assets-current   182   76
Insurance related receivables, prepaid expenses and other   77   99
 Total other current assets $ 1,298 $ 1,279
        
Investments      
Equity method $ 58 $ 69
Cost method   41   45
Other investments   3   8
 Total investments $ 102 $ 122
        
Property, plant and equipment - at cost      
Land $ 368 $ 411
Buildings and leasehold improvements   6,943   7,062
Machinery and equipment   14,684   14,665
Construction in progress   679   772
Capital leases   167   158
Gross property, plant and equipment   22,841   23,068
Accumulated depreciation   (14,352)   (14,416)
 Property, plant and equipment - net $ 8,489 $ 8,652
        
Other assets      
Deferred income taxes $ 889 $ 360
Insurance related receivables and other   89   96
Cash surrender value of life insurance policies   245   236
Other   331   288
 Total other assets $ 1,554 $ 980
        
Other current liabilities      
Accrued trade payables $ 533 $ 547
Deferred income   541   521
Derivative liabilities   39   103
Dividends payable   648   567
Employee benefits and withholdings   172   195
Contingent liability claims and other   157   119
Property and other taxes   90   88
Pension and postretirement benefits   60   61
Deferred income taxes   34   37
Other   644   653
 Total other current liabilities $ 2,918 $ 2,891
        
Other liabilities      
Long term income taxes payable $ 519 $ 472
Employee benefits   262   315
Contingent liability claims and other   300   314
Capital lease obligations   59   58
Deferred income   21   19
Deferred income taxes   141   538
Other   253   268
 Total other liabilities $ 1,555 $ 1,984