Property, Plant and Equipment, net

3 Months Ended

Mar. 31, 2024

4. Property, Plant and Equipment, net

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


	Estimated Useful Lives	March 31, 2024			December 31, 2023
Information technology assets	1-7 Years	$	46		$	46
Operating equipment (1)	2-15 Years		171			164
Buildings and land (2)	5-35 Years		101			97
Construction in progress			1			2
Total property, plant and equipment			319			309
Less: accumulated depreciation			(182	)		(178	)
Property, plant and equipment, net		$	137		$	131

(1)

Includes finance lease right-of-use assets.

(2)

Land has an indefinite life.