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Property, Plant and Equipment, Net (Tables)

3 Months Ended

Mar. 31, 2021

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment, Net of Accumulated Depreciation

Property, plant and equipment, net of accumulated depreciation, consisted of the following:

			March 31, 2021						December 31, 2020
Land and land improvements			$	188					$	189
Buildings			368						368
Machinery and equipment			2,197						2,197
Construction-in-progress			196						192
Other			87						86
Subtotal			3,036						3,032
Less: accumulated depreciation			(1,326)						(1,273)
Property, plant and equipment, net			$	1,710					$	1,759

Depreciation Expense Related to Property Plant and Equipment

The table below summarizes depreciation expense related to property, plant and equipment for the periods presented, recorded in the specific line items in our unaudited Condensed Consolidated Statements of Income:

			Three Months Ended March 31,
			2021						2020
Cost of goods sold			$	65					$	59
Selling, general and administrative expenses			1						1
Total			$	66					$	60

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- Definition

Tabular disclosure of depreciation expenses related to property, plant and equipment.

+ References

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(13))
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

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