Property, Plant and Equipment

3 Months Ended

Mar. 31, 2023

Property, Plant and Equipment [Abstract]

Note 4. Property, Plant and Equipment

Property, plant and equipment consisted of the following:


	As of March 31, 2023		As of December 31, 2022
	(in millions)
Land and land improvements	$	378	$	378
Buildings and building improvements	3,319		3,250
Machinery and equipment	12,050		11,724
Construction in progress	825		879
	16,572		16,231
Accumulated depreciation	(7,441)		(7,211)
Property, plant and equipment, net	$	9,131	$	9,020

For the three months ended March 31, 2023, capital expenditures of $223 million excluded $290 million of accrued capital expenditures remaining unpaid at March 31, 2023 and included payment for a portion of the $324 million of capital expenditures that were accrued and unpaid at December 31, 2022. For the three months ended March 31, 2022, capital expenditures of $167 million excluded $244 million of accrued capital expenditures remaining unpaid at March 31, 2022 and included payment for a portion of the $249 million of capital expenditures that were accrued and unpaid at December 31, 2021.