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Property, Plant and Equipment, Net
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment, Net Property, Plant and Equipment, Net
Our property, plant and equipment, net, consisted of the following (in millions):
December 31,
2024
December 31,
2023
Machinery, equipment, vehicles and office furniture$18,339 $16,309 
Land and buildings10,677 9,498 
AI infrastructure5,152 1,510 
Tooling3,883 3,129 
Leasehold improvements3,688 3,136 
Computer equipment, hardware and software2,902 2,409 
Construction in progress6,783 5,791 
 51,424 41,782 
Less: Accumulated depreciation(15,588)(12,057)
Total$35,836 $29,725 
Construction in progress is primarily comprised of ongoing construction and expansion of our facilities, equipment and tooling related to the manufacturing of our products as well as AI-related assets which have not yet been placed in service. Completed assets are transferred to their respective asset classes and depreciation begins when an asset is ready for its intended use.
Depreciation expense during the years ended December 31, 2024, 2023 and 2022 was $4.12 billion, $3.33 billion and $2.42 billion, respectively.