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PROPERTY, PLANT AND EQUIPMENT
 3 Months Ended
Mar. 31, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT PROPERTY, PLANT AND EQUIPMENT
The following table summarizes our property, plant and equipment at March 31, 2025 and December 31, 2024:
Millions of dollarsMarch 31, 2025December 31, 2024
Land$36 $36 
Buildings1,038 981 
Machinery and equipment6,707 6,673 
Accumulated depreciation(5,497)(5,414)
Property, plant and equipment, net $2,283 $2,275 
During the three months ended March 31, 2025, we disposed of land, buildings, machinery and equipment with a net book value of $2 million, compared to $2 million in the same period of 2024. The net gain on the disposals was not material for the three months ended March 31, 2025 and 2024, respectively.