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PROPERTY, PLANT AND EQUIPMENT | 12 Months Ended
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Dec. 31, 2019
Property, Plant and Equipment [Abstract] |
PROPERTY, PLANT AND EQUIPMENT | PROPERTY, PLANT AND EQUIPMENT The major components of property, plant and equipment as of December 31, 2019 and 2018 consist of:
(in millions) |  | 2019 |  | 2018
Land |  | $ | 79 |  |  | $ | 81 |
Buildings |  | 696 |  |  | 693 |
Machinery and equipment |  | 1,606 |  |  | 1,527 |
Other equipment and leasehold improvements |  | 369 |  |  | 366 |
Equipment on operating lease |  | 56 |  |  | 46 |
Construction in progress |  | 301 |  |  | 162 |
|  | 3,107 |  |  | 2,875 |
Less accumulated depreciation |  | (1,641 | ) |  | (1,522 | )
|  | $ | 1,466 |  |  | $ | 1,353 |
Depreciation expense was $178 million, $175 million and $168 million for 2019, 2018 and 2017, respectively.

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- Definition The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 + Details
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