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PROPERTIES AND ACCUMULATED DEPRECIATION (Tables) | 12 Months Ended
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Dec. 31, 2022
Property, Plant and Equipment [Abstract] |
Schedule of Properties |
| December 31,
(Dollars in millions) | 2022 |  | 2021
Properties |  |  |
Land | $ | 140 |  |  | $ | 150 |
Buildings | 1,394 |  |  | 1,458 |
Machinery and equipment | 10,543 |  |  | 10,449 |
Construction in progress | 865 |  |  | 623 |
Properties and equipment at cost | $ | 12,942 |  |  | $ | 12,680 |
Less: Accumulated depreciation | 7,782 |  |  | 7,684 |
Net properties | $ | 5,160 |  |  | $ | 4,996 |

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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 -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 + Details
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