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Property, Plant and Equipment, net
6 Months Ended
Jun. 30, 2022
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment, net

3. Property, Plant and Equipment, net

Property, plant and equipment consist of (in millions):

 

 

Estimated
Useful Lives

 

June 30, 2022

 

 

December 31, 2021

 

Information technology assets

 

1-7 Years

 

$

48

 

 

$

48

 

Operating equipment (1)

 

2-15 Years

 

 

127

 

 

 

129

 

Buildings and land (2)

 

5-35 Years

 

 

95

 

 

 

91

 

Construction in progress

 

 

 

 

3

 

 

 

3

 

Total property, plant and equipment

 

 

 

 

273

 

 

 

271

 

Less: accumulated depreciation

 

 

 

 

(162

)

 

 

(160

)

Property, plant and equipment, net

 

 

 

$

111

 

 

$

111

 

 

(1)
Includes finance lease right-of-use assets.
(2)
Land has an indefinite life.