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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
The major components of property, plant and equipment as of December 31, 2024 and 2023 consist of:
(in millions)20242023
Land$69 $74 
Buildings and improvements817 823 
Machinery and equipment2,071 2,053 
Other equipment and leasehold improvements362 355 
Equipment on operating lease97 84 
Construction in progress508 401 
3,924 3,790 
Accumulated depreciation(2,144)(2,083)
$1,780 $1,707 
Depreciation expense was $190 million, $187 million and $179 million for 2024, 2023 and 2022, respectively.