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Property, Plant and Equipment, net | 12 Months Ended
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Dec. 31, 2023
Property, Plant and Equipment [Abstract] |
Property, Plant and Equipment, net | 5. Property, Plant and Equipment, net Property, plant and equipment consist of (in millions):
|  | Estimated |  | December 31, |
|  | Useful Lives |  | 2023 |  |  | 2022 |
Land |  |  |  | $ | 180 |  |  | $ | 176 |
Buildings and improvements |  | 5-35 Years |  |  | 1,285 |  |  |  | 1,251 |
Operating equipment |  | 2-20 Years |  |  | 2,803 |  |  |  | 2,683 |
Rental equipment |  | 2-15 Years |  |  | 923 |  |  |  | 798 |
|  |  |  |  | 5,191 |  |  |  | 4,908 |
Less: Accumulated Depreciation |  |  |  |  | (3,326 | ) |  |  | (3,127 | )
|  |  |  | $ | 1,865 |  |  | $ | 1,781 |

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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://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480321/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480321/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480321/958-360-50-7 + Details
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