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Property, Plant and Equipment-Net (Tables)
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment, Net [Abstract]  
Components of property, plant and equipment-net
Property, plant and equipment—net consists of the following:
 December 31,
 20252024
 (in millions)
Land$109 $114 
Machinery and equipment13,957 13,801 
Buildings and improvements1,043 1,011 
Construction in progress709 482 
Property, plant and equipment(1)
15,818 15,408 
Less: Accumulated depreciation and amortization9,103 8,673 
Property, plant and equipment—net$6,715 $6,735 
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(1)As of December 31, 2025 and 2024, we had property, plant and equipment that was accrued but unpaid of approximately $118 million and $101 million, respectively.
Summary of plant turnaround activity
The following is a summary of capitalized plant turnaround costs:
 Year ended December 31,
 202520242023
 (in millions)
Net capitalized turnaround costs as of January 1$363 $352 $312 
Additions214 186 165 
Depreciation(152)(171)(138)
Acquisition of Waggaman ammonia production facility— — 16 
Effect of exchange rate changes and other(4)(3)
Net capitalized turnaround costs as of December 31$427 $363 $352