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PROPERTY, PLANT AND EQUIPMENT
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment – net consist of the following (in millions):
December 31,
 20242023
Property$76 $75 
Plant348 302 
Equipment587 492 
Leasehold improvements60 52 
Construction in progress111 74 
Property, plant and equipment – gross1,182 995 
Less: Accumulated depreciation(468)(425)
Property, plant and equipment – net$714 $570 

Depreciation expense was $58 million, $52 million and $42 million for the years ended December 31, 2024, 2023 and 2022, respectively.