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Property, Plant and Equipment
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Property, Plant and Equipment
The Company's major classes of property, plant, and equipment were as follows:
 As of December 31,Depreciable
(In millions)20242023Lives
Facilities and equipment$1,972 $1,918 
1-40 years
Land and improvements255 256 
Software582 471 5 years
Hardware and office equipment and furnishings278 261 
2-10 years
Construction in progress442 152  
Total property, plant, and equipment3,529 3,058  
Accumulated depreciation(1,508)(1,295) 
Net property, plant, and equipment $2,021 $1,763  
Depreciation expense of property, plant and equipment recorded during the years ended December 31, 2024, 2023 and 2022 was $271 million, $257 million and $291 million, respectively.