v3.25.4

PROPERTY, PLANT AND EQUIPMENT | 12 Months Ended
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Dec. 31, 2025
Property, Plant and Equipment [Abstract] |
PROPERTY, PLANT AND EQUIPMENT | PROPERTY, PLANT AND EQUIPMENT The major components of property, plant and equipment consist of:
(in millions) |  | December 31, 2025 |  | December 31, 2024
Land |  | $ | 47 |  |  | $ | 43 |
Buildings |  | 743 |  |  | 632 |
Machinery and equipment |  | 1,943 |  |  | 1,674 |
Other equipment and leasehold improvements |  | 400 |  |  | 362 |
Construction in progress |  | 525 |  |  | 458 |
|  | 3,658 |  |  | 3,169 |
Less accumulated depreciation |  | (1,896) |  |  | (1,684) |
|  | $ | 1,762 |  |  | $ | 1,485 |
Depreciation expense was $163 million, $148 million and $142 million for 2025, 2024 and 2023, respectively.

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