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Property, Plant and Equipment
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment
NOTE 5 —Property, plant and equipment:
Property, plant and equipment, net, consisted of the following:
 
    
December 31,
 
    
2024
    
2023
 
    
(U.S. $ in millions)
 
Machinery and equipment
   $ 3,092      $ 4,807  
Buildings
     1,968        2,488  
Computer equipment and other assets
     2,388        2,419  
Assets under construction and payments on account
     1,330        1,427  
Land
     213        246  
  
 
 
    
 
 
 
     8,991        11,387  
Less- accumulated depreciation
     (4,410      (5,637
  
 
 
    
 
 
 
   $ 4,581      $ 5,750  
  
 
 
    
 
 
 
Depreciation expenses were $471 million, $537 million and $576 million in the years ended December 31, 2024, 2023 and 2022, respectively. During the years ended December 31, 2024, 2023 and 2022, Teva recorded impairments of property, plant and equipment in the amount of $61 million, $28 million and $47 million, respectively. See note 15. During the year ended December 31, 2024, the Company classified property, plant and equipment in the amount of $913 million as assets held for sale. See note 2.