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PROPERTY, PLANT AND EQUIPMENT
9 Months Ended
Sep. 30, 2025
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, 2025 and December 31, 2024:
Millions of dollarsSeptember 30, 2025December 31, 2024
Land$36 $36 
Buildings1,052 981 
Machinery and equipment6,876 6,673 
Accumulated depreciation(5,654)(5,414)
Property, plant and equipment, net $2,309 $2,275 
During the nine months ended September 30, 2025, we disposed of land, buildings, machinery and equipment with a net book value of $6 million, compared to $21 million in the same period of 2024. The net loss on the disposals was not material for the nine months ended September 30, 2025 and 2024, respectively.