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… the fourth quarter of 2019. The increases in net income and income from operations were primarily due to higher sales … current assets   3,477     2,742   Property, plant and equipment, net   6,920     6,912   Other assets, net   3,438 …   (18 )     (862 )   Additions to property, plant and equipment   (525 )     (787 )   Return of investment from an …
… HIGHLIGHTS (in millions of dollars, except per share data and percentages)                   Three Months  Ended March … current assets     6,021       6,214   Property, plant and equipment, net     8,674       8,633   Other assets, net     …     (6 )     (1 ) Additions to property, plant and equipment     (248 )     (272 ) Purchase of …
… Record first quarter Housing and Infrastructure Products (HIP) income from operations of … closure costs associated with our footprint optimization program. UPCOMING HOUSING & INFRASTRUCTURE PRODUCTS-FOCUSED … current assets     6,526       6,609   Property, plant and equipment, net     8,523       8,519   Other assets, net     …
… Record first quarter Housing and Infrastructure Products (HIP) income from operations of … closure costs associated with our footprint optimization program. UPCOMING HOUSING & INFRASTRUCTURE PRODUCTS-FOCUSED … current assets     6,526       6,609   Property, plant and equipment, net     8,523       8,519   Other assets, net     …
… Record first quarter Housing and Infrastructure Products (HIP) income from operations of … closure costs associated with our footprint optimization program. UPCOMING HOUSING & INFRASTRUCTURE PRODUCTS-FOCUSED … current assets     6,526       6,609   Property, plant and equipment, net     8,523       8,519   Other assets, net     …
… Record Housing and Infrastructure Products (HIP) annual income from … current assets     6,214       6,609   Property, plant and equipment, net     8,633       8,519   Other assets, net     …     (26 )     (25 ) Additions to property, plant and equipment     (1,008 )     (1,034 ) Other, net     33       …
… the second quarter of 2019. The decreases in net income and operating income were primarily due to the global … current assets   3,165     2,742   Property, plant and equipment, net   6,887     6,912   Other assets, net   3,503 … acquired   —     (314 ) Additions to property, plant and equipment   (291 )   (411 ) Additions to investments in …
… 25%       19%       32%                       Performance and Essential Materials ("PEM") Segment                   Net … current assets     6,146       5,973   Property, plant and equipment, net     8,518       8,525   Other assets, net     …     (1 )     (96 ) Additions to property, plant and equipment     (267 )     (263 ) Other, net     5       6   …
… 25%       19%       32%                       Performance and Essential Materials ("PEM") Segment                   Net … current assets     6,146       5,973   Property, plant and equipment, net     8,518       8,525   Other assets, net     …     (1 )     (96 ) Additions to property, plant and equipment     (267 )     (263 ) Other, net     5       6   …
… Record Housing and Infrastructure Products segment income from operations of … We also made solid progress with our cost reduction program achieving savings of $30 million in the third quarter … current assets     6,757       5,973   Property, plant and equipment, net     8,570       8,525   Other assets, net     …