XML 22 R12.htm IDEA: XBRL DOCUMENT v3.25.2
Property, Plant and Equipment, Net
6 Months Ended
Jun. 30, 2025
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):
June 30,
2025
December 31,
2024
Machinery, equipment, vehicles and office furniture$19,492 $18,339 
Land and buildings11,290 10,677 
AI infrastructure6,172 5,152 
Tooling4,576 3,883 
Leasehold improvements4,116 3,688 
Computer equipment, hardware and software3,017 2,902 
Construction in progress7,739 6,783 
Property, plant and equipment56,402 51,424 
Less: Accumulated depreciation(17,828)(15,588)
Property, plant and equipment, net$38,574 $35,836 
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.
Depreciation expense during the three and six months ended June 30, 2025 was $1.15 billion and $2.30 billion, respectively. Depreciation expense during the three and six months ended June 30, 2024 was $981 million and $1.91 billion, respectively.