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Property, Plant and Equipment | 12 Months Ended
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Dec. 31, 2019
Property Plant And Equipment [Abstract] |
Property, Plant and Equipment |
| 10. | PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment consisted of the following:
December 31, 2019 |  | Gross Cost |  |  | Accumulated Depreciation |  |  | Net Cost |
Land |  |  | 78 |  |  |  | — |  |  |  | 78 |
Buildings |  |  | 905 |  |  |  | (505 | ) |  |  | 400 |
Facilities & leasehold improvements |  |  | 3,193 |  |  |  | (2,762 | ) |  |  | 431 |
Machinery and equipment |  |  | 15,336 |  |  |  | (12,790 | ) |  |  | 2,546 |
Computer and R&D equipment |  |  | 382 |  |  |  | (335 | ) |  |  | 47 |
Operating lease right-of-use assets |  |  | 266 |  |  |  | (60 | ) |  |  | 206 |
Other tangible assets |  |  | 110 |  |  |  | (93 | ) |  |  | 17 |
Construction in progress |  |  | 282 |  |  |  | — |  |  |  | 282 |
Total |  |  | 20,552 |  |  |  | (16,545 | ) |  |  | 4,007 |
December 31, 2018 |  | Gross Cost |  |  | Accumulated Depreciation |  |  | Net Cost |
Land |  |  | 79 |  |  |  | — |  |  |  | 79 |
Buildings |  |  | 902 |  |  |  | (487 | ) |  |  | 415 |
Facilities & leasehold improvements |  |  | 3,170 |  |  |  | (2,748 | ) |  |  | 422 |
Machinery and equipment |  |  | 14,882 |  |  |  | (12,582 | ) |  |  | 2,300 |
Computer and R&D equipment |  |  | 381 |  |  |  | (334 | ) |  |  | 47 |
Other tangible assets |  |  | 123 |  |  |  | (93 | ) |  |  | 30 |
Construction in progress |  |  | 202 |  |  |  | — |  |  |  | 202 |
Total |  |  | 19,739 |  |  |  | (16,244 | ) |  |  | 3,495 |
The line “Construction in progress” in the table above includes property, plant and equipment under construction and equipment under qualification before operating. On January 1, 2019, the Company adopted the new guidance on lease accounting and lease right-of-use assets are included in plant, property and equipment. The impact of the adoption of this new guidance is further described in Note 11. The depreciation charge was $785 million, $727 million and $592 million in 2019, 2018 and 2017, respectively. As described in Note 7, the acquisition of Norstel resulted in the recognition of property, plant and equipment of $11 million. Tax incentives and capital investment funding, which has reduced property, plant and equipment, has totaled $54 million, $149 million and $139 million for the years ended December 31, 2019, 2018 and 2017, respectively. Tax incentives and public funding reduced depreciation charges by $53 million, $42 million and $21 million in 2019, 2018 and 2017, respectively. For the years ended December 31, 2019, 2018 and 2017 the Company sold property, plant and equipment for cash proceeds of $7 million, $1 million and $3 million, respectively. For the year ended December 31, 2019, the Company recorded impairment charges of $3 million on long-lived assets. There was no impairment recognized for the years ended December 31, 2018 and 2017.

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- Definition The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 + Details
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