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Property, Plant, and Equipment, Net
3 Months Ended
Mar. 31, 2024
Property, Plant and Equipment [Abstract]  
Property, Plant, and Equipment, Net

Note 9. Property, Plant, and Equipment, Net

 

The following table sets forth the components of the Company’s property, plant, and equipment, net at March 31, 2024 and December 31, 2023.

 

 

 

March 31, 2024

 

 

December 31, 2023

 

Equipment

 

$

7,683

 

 

$

7,652

 

Buildings

 

 

1,187

 

 

 

1,180

 

Construction-in-progress

 

 

470

 

 

 

450

 

Land

 

 

93

 

 

 

94

 

Mineral rights

 

 

36

 

 

 

36

 

Property, plant, and equipment

 

 

9,469

 

 

 

9,412

 

Less: Accumulated depreciation

 

 

(6,260

)

 

 

(6,196

)

Total property, plant, and equipment, net

 

$

3,209

 

 

$

3,216

 

 

Property, plant, and equipment, net included gross assets under finance leases of $97 and $100 at March 31, 2024 and December 31, 2023.

 

Depreciation expense amounted to $71 and $75 for the three months ended March 31, 2024 and 2023, respectively.