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Property, Plant and Equipment, Net (Tables)

12 Months Ended

Dec. 31, 2024

Property, Plant and Equipment, Net

Schedule of Property, plant and equipment, net

​

​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	December 31,
​		Useful Life			2024			2023
​	​	(in years)		​	​	(in millions)
Land	​	​	​	​	$	335	​	$	332
Buildings and improvements	​		1 – 40	​		1,129			1,058
Machinery, equipment and furniture	​		1 – 30	​		6,209			6,083
Assets leased to others	​		5 – 39	​		320			334
Financing leases	​		1 – 10	​		143			118
Construction in progress	​		​	​		261	​		275
​	​		​	​		8,397	​		8,200
Less: Accumulated depreciation and amortization	​		​	​		(4,554)	​		(4,231)
Property, plant and equipment, net	​	​	​	​	$	3,843	​	$	3,969

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- References

No definition available.

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 360
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482099/360-10-50-1

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