Property, Plant and Equipment, net

9 Months Ended

Sep. 30, 2016

Property Plant And Equipment [Abstract]

Property, Plant and Equipment, net

2. Property, Plant and Equipment, net

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

	Estimated Useful Lives	September 30, 2016			December 31, 2015
Information technology assets	1-7 Years	$	49		$	48
Operating equipment	2-15 Years		93			84
Buildings and land (1)	5-35 Years		97			98
Construction in progress			1			—
Total property, plant and equipment			240			230
Less: accumulated depreciation			(87	)		(65	)
Property, plant and equipment, net		$	153		$	165

⁽¹⁾ Land has an indefinite life.