Property and Equipment, Net

9 Months Ended

Sep. 30, 2021

Property Plant And Equipment [Abstract]

NOTE 9. PROPERTY AND EQUIPMENT, NET

The components of property and equipment as of September 30, 2021 and December 31, 2020 are as follows:


	Estimated Useful Lives (In Years)	September 30, 2021			December 31, 2020
Land	N/A	$	26		$	26
Building	39		77			76
Machinery and equipment	2-20		234			217
Autos and trucks	5-10		108			92
Office equipment	3-7		25			24
Leasehold improvements	1-15		16			14
Total cost			486			449
Accumulated depreciation			(149	)		(94	)
Property and equipment, net		$	337		$	355

Depreciation expense related to property and equipment, including finance leases, was $20 and $21 during the three months ended September 30, 2021 and 2020, respectively, and $59 and $62 during the nine months ended September 30, 2021 and 2020, respectively. Depreciation expense is included within cost of revenues and selling, general and administrative expenses in the unaudited condensed consolidated statements of operations.

During the second quarter of 2020, the Company finalized the fair values of property and equipment acquired in the APi Acquisition. These measurement period adjustments resulted in a cumulative adjustment to depreciation expense. If the property and equipment fair values had been known at the date of the APi Acquisition, depreciation expense would have decreased by $2 to $60 for the nine months ended September 30, 2020.