Property, plant and equipment, net

9 Months Ended

Sep. 30, 2022

Property, plant and equipment, net

Property, plant and equipment, net

5.PROPERTY, PLANT AND EQUIPMENT, NET

	September 30,		December 31,
	2022		2021
Satellites	$	397	$	397
Equipment		209		221
Computer hardware		115		95
Leasehold improvements		85		83
Furniture and fixtures		16		16
Construction in process1		796		668
Property, plant and equipment, at cost		1,618		1,480
Accumulated depreciation		(582)		(540)
Property, plant and equipment, net	$	1,036	$	940

¹Construction in process is primarily related to the construction of the Company’s WorldView Legion satellites.

Depreciation expense for property, plant and equipment was $20 million and $23 million for the three months ended September 30, 2022 and 2021, respectively, and $58 million and $67 million for the nine months ended September 30, 2022 and 2021, respectively.