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PROPERTY, PLANT AND EQUIPMENT
 12 Months Ended
Dec. 31, 2023
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, 2023 and 2022 consist of:
(in millions)20232022
Land$74 $71 
Buildings and improvements823 798 
Machinery and equipment2,053 1,951 
Other equipment and leasehold improvements355 342 
Equipment on operating lease84 78 
Construction in progress401 280 
3,790 3,520 
Accumulated depreciation(2,083)(1,920)
$1,707 $1,600 
Depreciation expense was $187 million, $179 million and $177 million for 2023, 2022 and 2021, respectively.