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PROPERTY, PLANT AND EQUIPMENT-NET | 12 Months Ended
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Dec. 31, 2024
Property, Plant and Equipment [Abstract] |
PROPERTY, PLANT AND EQUIPMENT-NET | PROPERTY, PLANT AND EQUIPMENT—NET
| December 31,
2024 |  | 2023
Land and improvements | $ | 216 |  |  | $ | 211 |
Machinery and equipment | 10,965 |  |  | 10,717 |
Buildings and improvements | 3,658 |  |  | 3,528 |
Construction in progress | 1,013 |  |  | 878 |
Total Property, plant and equipment | 15,852 |  |  | 15,334 |
Less: Accumulated depreciation | 9,658 |  |  | 9,674 |
Total Property, plant and equipment—net 1 | $ | 6,194 |  |  | $ | 5,660 |
1 |  | As of December 31, 2024, Total Property, plant and equipment—net excludes $155 million that are included in Assets held for sale in the Consolidated Balance Sheet. Refer to Note 2 Acquisitions, Divestitures, and Assets and Liabilities Held for Sale.
Depreciation expense was $671 million, $659 million, and $657 million for the years ended December 31, 2024, 2023, and 2022, respectively.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-7 + Details
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