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Property, Plant and Equipment-Net (Tables) | 9 Months Ended
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Sep. 30, 2025
Property, Plant and Equipment, Net [Abstract] |
Components of property, plant and equipment-net | Property, plant and equipment—net consists of the following:
| September 30, 2025 |  | December 31, 2024
| (in millions)
Land | $ | 109 |  |  | $ | 114 |
Machinery and equipment | 13,961 |  |  | 13,801 |
Buildings and improvements | 1,044 |  |  | 1,011 |
Construction in progress | 725 |  |  | 482 |
Property, plant and equipment(1) | 15,839 |  |  | 15,408 |
Less: Accumulated depreciation and amortization | 9,007 |  |  | 8,673 |
Property, plant and equipment—net | $ | 6,832 |  |  | $ | 6,735 |
_______________________________________________________________________________ (1)As of September 30, 2025 and December 31, 2024, we had property, plant and equipment that was accrued but unpaid of $164 million and $101 million, respectively. As of September 30, 2024 and December 31, 2023, we had property, plant and equipment that was accrued but unpaid of $122 million and $68 million, respectively.
Summary of plant turnaround activity | The following is a summary of capitalized plant turnaround costs:
| Nine months ended September 30,
| 2025 |  | 2024
| (in millions)
Net capitalized plant turnaround costs as of January 1 | $ | 363 |  |  | $ | 352 |
Additions | 183 |  |  | 120 |
Depreciation | (113) |  |  | (134) |
Net capitalized plant turnaround costs as of September 30 | $ | 433 |  |  | $ | 338 |

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- Definition Tabular disclosure of expenditures related to plant turnarounds, which are capitalized into property, plant and equipment when incurred. + References No definition available. + Details
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- Definition Tabular disclosure of the salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. + References No definition available. + Details
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- References No definition available. + Details
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