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Property, Plant and Equipment | 9 Months Ended
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Sep. 30, 2021
Property, Plant and Equipment [Abstract] |
Property, Plant and Equipment | PROPERTY, PLANT AND EQUIPMENT The following table summarizes our property, plant and equipment at September 30, 2021 and December 31, 2020:
Millions of dollars |  | September 30, 2021 |  | December 31, 2020
Land |  | $ | 83 |  |  | $ | 92 |
Buildings |  | 1,289 |  |  | 1,517 |
Machinery and equipment |  | 7,968 |  |  | 8,370 |
Accumulated depreciation |  | (6,627) |  |  | (6,780) |
Property, plant and equipment, net (1) |  | $ | 2,713 |  |  | $ | 3,199 |
(1) Decrease of $379 million in property, plant and equipment is due to the deconsolidation of Whirlpool China and divestment of Turkey subsidiary entity. For additional information, see Note 15 to the Consolidated Condensed Financial Statements. During the nine months ended September 30, 2021, in the normal course of business, we disposed of buildings, machinery and equipment with a net book value of $10 million. The net gain on the disposals was not material.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=120429125&loc=SL120174063-112916 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99779-112916 + Details
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