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Property, Plant and Equipment, Net (Tables)

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment, Net [Abstract]

Schedule of Property, Plant and Equipment

Property, plant and equipment, net consisted of the following amounts:

(DOLLARS IN MILLIONS)			December 31,
			2022						2021
Asset Type
Land			$	199					$	223
Buildings and improvements			1,697						1,764
Machinery and equipment			3,344						3,442
Information technology			291						271
Construction in process			649						461
Total Property, Plant and Equipment			6,180						6,161
Accumulated depreciation			(1,977)						(1,793)
Total Property, Plant and Equipment, Net			$	4,203					$	4,368

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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
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

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