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Fixed Assets (Tables)

12 Months Ended

Dec. 31, 2024

Property, Plant and Equipment [Abstract]

Fixed Assets, Net

Fixed assets, net, consisted of the following:

(dollars in millions)			Estimated Useful Lives						2024						2023
Land									$	695					$	743
Buildings and improvements			10-45 years						8,615						8,151
Machinery, tools, and equipment			3-20 years						19,738						18,904
Other, including assets under construction									3,735						3,594
Fixed assets, gross									32,783						31,392
Accumulated depreciation									(16,694)						(15,644)
Fixed assets, net									$	16,089					$	15,748

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- References

No definition available.

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 360
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482099/360-10-50-1

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