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Property, plant, and equipment
6 Months Ended
Jun. 30, 2024
Property, Plant and Equipment [Abstract]  
Property, plant, and equipment Property, plant, and equipment
Property, plant, and equipment, net consists of the following:
(in millions)June 30, 2024December 31, 2023Estimated Useful Life (Years)
Buildings, building improvements, and refrigeration equipment$8,568 $8,545 
1 — 40
Land and land improvements1,477 1,446 
15 — Indefinite
Machinery and equipment1,341 1,316 
5 — 20
Railcars540 535 
7 — 50
Furniture, fixtures, and equipment611 563 
1 — 7
Gross property, plant, and equipment12,537 12,405 
Less accumulated depreciation(2,541)(2,266)
Construction in progress495 432 
Property, plant, and equipment, net$10,491 $10,571 
For the three and six months ended June 30, 2024, the Company recorded impairment charges of $29 million, $24 million of which was related to losses from the warehouse fire in Kennewick, Washington (refer to Note 16, Commitments and contingencies for details) and $4 million of which was related to losses on properties classified as held for sale. For the three and six months ended June 30, 2023, the Company recorded impairment charges relating to property, plant, and equipment of $1 million and $2 million, respectively. Impairment charges are included in Restructuring, impairment, and (gain) loss on disposals in the condensed consolidated statements of operations and comprehensive income (loss).