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Property, Plant, and Equipment (Tables)

3 Months Ended

Mar. 31, 2025

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property, plant and equipment consisted of the following amounts:

(DOLLARS IN MILLIONS)			March 31, 2025						December 31, 2024
Asset Type
Land			$	133					$	136
Buildings and improvements			1,735						1,688
Machinery and equipment			3,555						3,447
Information technology			524						507
Construction in process			384						389
Total Property, plant and equipment			6,331						6,167
Accumulated depreciation			(2,560)						(2,428)
Total Property, plant and equipment, net			$	3,771					$	3,739

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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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