XML 36 R25.htm IDEA: XBRL DOCUMENT v3.24.0.1
Property, Plant and Equipment
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

Note 14. Property, Plant and Equipment

 

 

 

December 31, 2023

 

 

December 31, 2022

 

(In millions)

 

Owned

 

 

Finance
Leases

 

 

Total

 

 

Owned

 

 

Finance
Leases

 

 

Total

 

Property, plant and equipment:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Land

 

$

461

 

 

$

1

 

 

$

462

 

 

$

449

 

 

$

1

 

 

$

450

 

Buildings

 

 

2,840

 

 

 

218

 

 

 

3,058

 

 

 

2,640

 

 

 

217

 

 

 

2,857

 

Machinery and equipment

 

 

15,664

 

 

 

69

 

 

 

15,733

 

 

 

14,838

 

 

 

51

 

 

 

14,889

 

Construction in progress

 

 

1,340

 

 

 

 

 

 

1,340

 

 

 

1,173

 

 

 

 

 

 

1,173

 

 

 

20,305

 

 

 

288

 

 

 

20,593

 

 

 

19,100

 

 

 

269

 

 

 

19,369

 

Accumulated depreciation

 

 

(12,392

)

 

 

(80

)

 

 

(12,472

)

 

 

(11,308

)

 

 

(69

)

 

 

(11,377

)

 

 

7,913

 

 

 

208

 

 

 

8,121

 

 

 

7,792

 

 

 

200

 

 

 

7,992

 

Spare parts

 

 

371

 

 

 

 

 

 

371

 

 

 

302

 

 

 

 

 

 

302

 

 

 

$

8,284

 

 

$

208

 

 

$

8,492

 

 

$

8,094

 

 

$

200

 

 

$

8,294

 

The range of useful lives of property used in arriving at the annual amount of depreciation is as follows: buildings and improvements, 3 to 45 years; and machinery and equipment, 3 to 40 years.