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Property, Plant and Equipment
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment
NOTE 5 —Property, plant and equipment:
Property, plant and equipment, net, consisted of the following:
 
    
December 31,
 
    
2023
    
2022
 
    
(U.S. $ in millions)
 
Machinery and equipment
   $ 4,807      $ 5,026  
Buildings
     2,488        2,463  
Computer equipment and other assets
     2,419        2,323  
Assets under construction and payments on account
     1,427        1,199  
Land
     246        246  
  
 
 
    
 
 
 
     11,387        11,257  
Less- accumulated depreciation
     (5,637      (5,518
  
 
 
    
 
 
 
   $ 5,750      $ 5,739  
  
 
 
    
 
 
 
Depreciation expenses were $537 million, $576 million and $528 million in the years ended December 31, 2023, 2022 and 2021, respectively. During the years ended December 31, 2023, 2022 and 2021, Teva recorded impairments of property, plant and equipment in the amount of $28 million, $47 million and $160 million, respectively. See note 15.