Supplemental Balance Sheet Information

12 Months Ended

Dec. 31, 2019

Supplemental Balance Sheet Information

Supplemental Balance Sheet Information

NOTE 7. Supplemental Balance Sheet Information

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

(Millions)	2019		2018
Other current assets
Derivative assets-current	$	75	$	88
Held-to-maturity debt security held in trust		470		—
Insurance related (receivables, prepaid expenses and other)		172		103
Other		174		158
Total other current assets	$	891	$	349
Property, plant and equipment - at cost
Land	$	351	$	340
Buildings and leasehold improvements		7,877		7,564
Machinery and equipment		16,586		15,776
Construction in progress		1,310		1,193
Gross property, plant and equipment		26,124		24,873
Accumulated depreciation		(16,791)		(16,135)
Property, plant and equipment - net	$	9,333	$	8,738
Other assets
Deferred income taxes	$	521	$	365
Prepaid pension and post retirement		230		208
Insurance related receivables and other		67		68
Cash surrender value of life insurance policies		254		251
Equity method investments		70		70
Equity and other investments		126		118
Other		406		265
Total other assets	$	1,674	$	1,345
Other current liabilities
Accrued rebates	$	594	$	558
Deferred revenue		430		617
Derivative liabilities		17		32
Employee benefits and withholdings		229		228
Contingent liability claims and other		566		244
Property, sales-related and other taxes		247		273
Pension and postretirement benefits		67		76
Other		906		747
Total other current liabilities	$	3,056	$	2,775
Other liabilities
Accrued income taxes – long-term portion	$	1,507	$	1,274
Employee benefits		312		299
Contingent liability claims and other		787		789
Finance lease obligations		111		75
Deferred income taxes		301		279
Other		257		294
Total other liabilities	$	3,275	$	3,010