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Property, Plant and Equipment, net (Tables)
3 Months Ended
Mar. 31, 2022
Property, Plant and Equipment [Abstract]  
Summary of Property, Plant and Equipment

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

 

 

Estimated
Useful Lives

 

March 31, 2022

 

 

December 31, 2021

 

Information technology assets

 

1-7 Years

 

$

48

 

 

$

48

 

Operating equipment (1)

 

2-15 Years

 

 

126

 

 

 

129

 

Buildings and land (2)

 

5-35 Years

 

 

92

 

 

 

91

 

Construction in progress

 

 

 

 

3

 

 

 

3

 

Total property, plant and equipment

 

 

 

 

269

 

 

 

271

 

Less: accumulated depreciation

 

 

 

 

(163

)

 

 

(160

)

Property, plant and equipment, net

 

 

 

$

106

 

 

$

111

 

 

(1)
Includes finance lease right-of-use assets.
(2)
Land has an indefinite life.