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Property, Plant and Equipment, Net
12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment, Net [Abstract]  
Property, Plant and Equipment, Net Property, Plant and Equipment, Net
As of December 31,
20212020
(In $ millions)
Land48 53 
Land improvements78 79 
Buildings and building improvements833 826 
Machinery and equipment5,993 5,768 
Construction in progress725 492 
Gross asset value7,677 7,218 
Accumulated depreciation(3,484)(3,279)
Net book value4,193 3,939 
Assets under finance leases, net, included in the amounts above are as follows:
As of December 31,
20212020
(In $ millions)
Buildings13 14 
Machinery and equipment357 365 
Accumulated depreciation(239)(231)
Net book value131 148 
Capitalized interest costs and depreciation expense are as follows:
Year Ended December 31,
202120202019
(In $ millions)
Capitalized interest12 
Depreciation expense346 327 327 
During 2021, 2020 and 2019, certain long-lived assets were impaired (Note 15).