NOTE 7. Supplemental Balance Sheet Information

Accounts payable (included as a separate line item in the Consolidated Balance Sheet) includes drafts payable on demand of $104 million at December 31, 2018, and $74 million at December 31, 2017. Accumulated depreciation for capital leases totaled $54 million and $48 million as of December 31, 2018, and 2017, respectively. Additional supplemental balance sheet information is provided in the table that follows.


(Millions)	2018		2017
Other current assets
Derivative assets-current	$	88	$	37
Insurance related (receivables, prepaid expenses and other)		103		71
Other		158		158
Total other current assets	$	349	$	266

Property, plant and equipment - at cost
Land	$	340	$	348
Buildings and leasehold improvements		7,517		7,681
Machinery and equipment		15,680		15,907
Construction in progress		1,193		843
Capital leases		143		135
Gross property, plant and equipment		24,873		24,914
Accumulated depreciation		(16,135)		(16,048)
Property, plant and equipment - net	$	8,738	$	8,866

Other assets
Deferred income taxes	$	365	$	511
Prepaid pension and post retirement		208		237
Insurance related receivables and other		68		63
Cash surrender value of life insurance policies		251		241
Equity method investments		70		70
Equity and other investments		118		80
Other		265		193
Total other assets	$	1,345	$	1,395

Other current liabilities
Accrued rebates	$	558	$	516
Deferred revenue		617		513
Derivative liabilities		32		135
Employee benefits and withholdings		228		208
Contingent liability claims and other		244		179
Property, sales-related and other taxes		273		277
Pension and postretirement benefits		76		69
Other		747		812
Total other current liabilities	$	2,775	$	2,709

Other liabilities
Long term income taxes payable	$	1,274	$	1,287
Employee benefits		299		319
Contingent liability claims and other		789		727
Capital lease obligations		75		60
Deferred income taxes		279		235
Other		294		334
Total other liabilities	$	3,010	$	2,962