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Property, Plant and Equipment, net
9 Months Ended
Sep. 30, 2017
Property Plant And Equipment [Abstract]  
Property, Plant and Equipment, net

2. Property, Plant and Equipment, net

Property, plant and equipment consist of (in millions): 

 

  

 

Estimated

Useful Lives

 

September 30, 2017

 

 

December 31, 2016

 

Information technology assets

 

1-7 Years

 

$

48

 

 

$

47

 

Operating equipment

 

2-15 Years

 

 

93

 

 

 

93

 

Buildings and land (1)(2)

 

5-35 Years

 

 

98

 

 

 

95

 

Construction in progress

 

 

 

 

1

 

 

 

1

 

Total property, plant and equipment

 

 

 

 

240

 

 

 

236

 

Less: accumulated depreciation

 

 

 

 

(114

)

 

 

(93

)

Property, plant and equipment, net

 

 

 

$

126

 

 

$

143

 

 

 

(1)

Land has an indefinite life.

 

(2)

As of September 30, 2017, the Company had classified assets from the U.S. segment related to a facility relocation as held for sale. The net carrying value of these properties was approximately $2 million. The Company expects to complete the sale of these assets within one year.