Property, Plant and Equipment, net

9 Months Ended

Sep. 30, 2021

Property Plant And Equipment [Abstract]

3. Property, Plant and Equipment, net

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


	Estimated Useful Lives	September 30, 2021			December 31, 2020
Information technology assets	1-7 Years	$	48		$	49
Operating equipment (1)	2-15 Years		129			101
Buildings and land (2)	5-35 Years		92			102
Construction in progress			3			1
Total property, plant and equipment			272			253
Less: accumulated depreciation			(157	)		(155	)
Property, plant and equipment, net		$	115		$	98

(1)

Includes finance lease right-of-use assets.

(2)

Land has an indefinite life.

As of September 30, 2021, $2 million of property, plant and equipment primarily in the U.S. segment was held-for-sale and included in prepaid and other current assets in the consolidated balance sheets. For the three and nine months ended September 30, 2021, the Company recognized nil and $4 million, respectively, of impairment charges relating to held-for-sale assets and operating right-of-use assets which were included in impairment charges in the consolidated statements of operations.