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Property, Plant and Equipment, Net
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment, Net [Abstract]  
Property, Plant and Equipment, Net PROPERTY, PLANT AND EQUIPMENT, NET
Property, plant and equipment, net consisted of the following amounts:
(DOLLARS IN MILLIONS)December 31,
20222021
Asset Type
Land$199 $223 
Buildings and improvements1,697 1,764 
Machinery and equipment3,344 3,442 
Information technology291 271 
Construction in process649 461 
Total Property, Plant and Equipment6,180 6,161 
Accumulated depreciation(1,977)(1,793)
Total Property, Plant and Equipment, Net$4,203 $4,368 
Impairment of Property, Plant and Equipment
As discussed in Note 1, for the year ended December 31, 2022 an impairment charge of approximately $28 million was recorded in connection with property, plant and equipment, primarily buildings and improvements, of an asset group that operates primarily in Russia.
Depreciation
Depreciation expense was $452 million, $424 million and $132 million for the years ended December 31, 2022, 2021 and 2020, respectively.