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Property, Plant, and Equipment, Net (Tables)

6 Months Ended

Jun. 30, 2024

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property, plant and equipment consisted of the following amounts:

(DOLLARS IN MILLIONS)			June 30, 2024						December 31, 2023
Asset Type
Land			$	169					$	195
Buildings and improvements			1,729						1,822
Machinery and equipment			3,447						3,752
Information technology			510						473
Construction in process			288						400
Total Property, plant and equipment			6,143						6,642
Accumulated depreciation			(2,380)						(2,402)
Total Property, plant and equipment, net			$	3,763					$	4,240

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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
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 360
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482099/360-10-50-1

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