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Long-Term Assets
 6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
Long-Term Assets
(4) Long-Term Assets
Property, Plant, and Equipment

Property, plant, and equipment, net consisted of the following:
(in millions)June 30, 2025December 31, 2024
Machinery and equipment $4,464 $4,403 
Buildings and improvements148 148 
ROU finance leases121 106 
Land and improvements74 74 
Furniture and fixtures31 32 
Construction in progress168 171 
Other16 16 
5,022 4,950 
Less: Accumulated depreciation and amortization(2,867)(2,774)
Total property, plant, and equipment, net$2,155 $2,176 
For the three and six months ended June 30, 2025, depreciation and amortization expense related to property, plant, and equipment was $59 million and $115 million, respectively, compared to $58 million and $114 million for the three and six months ended June 30, 2024, respectively. For the three and six months ended June 30, 2025, capitalized interest was $2 million and $5 million, respectively, compared to $2 million and $3 million for the three and six months ended June 30, 2024, respectively.
Other Long-Term Assets
As of June 30, 2025 and December 31, 2024, Other long-term assets included turnaround assets, net of accumulated amortization of $289 million and $124 million, respectively.