Property, Plant and Equipment, net

6 Months Ended

Jul. 02, 2021

Property, Plant and Equipment [Abstract]

Note H — Property, Plant and Equipment, net

Property, plant and equipment, net are summarized below:


(In millions)	July 2, 2021		January 1, 2021

Land	$	81	$	90
Software capitalized for internal use	500		417
Buildings	1,186		1,097
Machinery and equipment	2,137		2,265
	3,904		3,869
Less accumulated depreciation and amortization	(1,878)		(1,767)
Total property, plant and equipment, net	$	2,026	$	2,102

Depreciation and amortization expense related to property, plant and equipment was $80 million and $164 million for the quarter and two quarters ended July 2, 2021, respectively, and $78 million and $154 million for the quarter and two quarters ended July 3, 2020, respectively.

As discussed in more detail in Note I — Goodwill and Other Intangible Assets in these Notes, in conjunction with, and in advance of, the tests of goodwill related to our Commercial Training Solutions reporting unit (“CTS reporting unit”), we recorded an $82 million non-cash impairment charge for long-lived assets, consisting of $19 million, $56 million and $7 million of impairment charges for right of use assets, property, plant and equipment and software, respectively, which is included in the “Impairment of goodwill and other assets” line item in our Condensed Consolidated Statement of Income (Unaudited) for the quarter and two quarters ended July 2, 2021.