PROPERTY, PLANT, AND EQUIPMENT, NET

9 Months Ended

Sep. 30, 2023

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT, AND EQUIPMENT, NET

PROPERTY, PLANT, AND EQUIPMENT, NET

The following table summarizes the components of “Property, plant, and equipment, net” on the Condensed Consolidated Balance Sheets (in millions):

	December 31, 2022		September 30, 2023
Land, buildings, and building improvements	$	636	$	827
Leasehold improvements	297		378
Machinery, equipment, vehicles, and office furniture	2,456		2,870
Computer equipment, hardware, and software	409		485
Construction in progress	843		788
Total property, plant, and equipment	4,641		5,348
Accumulated depreciation and amortization	(883)		(1,538)
Total property, plant, and equipment, net	$	3,758	$	3,810

Depreciation and amortization expense was $172 million and $252 million for the three months ended September 30, 2022 and 2023, respectively, and $451 million and $655 million for the nine months ended September 30, 2022 and 2023, respectively.