
	As of December 31,
(In millions)	2025	2024
Land and mineral reserves	$3,337	$3,361
Buildings and installations	3,027	2,948
Machines, furniture, vehicles and tools	9,552	9,001
Construction in progress	470	439
Finance lease right-of-use assets	547	334
Total property, plant and equipment	16,933	16,083
Less: accumulated depreciation, depletion and impairment	(8,998)	(8,549)
Property, plant and equipment, net	$7,935	$7,534

Depreciation and depletion expense was $758 million, $736 million and $689 million for the years ended

December 31, 2025, 2024 and 2023, respectively. Depreciation expense is recorded within Cost of revenues

and Selling, general and administrative expenses on the consolidated statements of operations and depletion

expense is recorded within Cost of revenues on the consolidated statements of operations.

During the years ended December 31, 2025, 2024 and 2023, the Company recorded impairment charges of

$2 million, $2 million and $15 million, respectively, related to assets no longer in service. Asset impairments

The Company recorded gains on disposals of long-lived assets of $15 million, $71 million and $32 million

respectively, for the years ended December 31, 2025, 2024 and 2023, respectively. The gains on disposals

for the year ended December 31, 2024 included a gain of $31 million within the Building Materials segment