Property, Plant and Equipment (PP&E)

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment (PP&E)

Property, Plant and Equipment (PP&E)

The following summarizes the components of Property, plant and equipment:
	Useful Lives	As of December 31,
(MILLIONS)	(Years)	2022		2021
Land	-	$	368	$	423
Buildings	33-50	8,832		9,001
Machinery and equipment	8-20	12,881		12,252
Furniture, fixtures and other	3-12.5	4,491		4,457
Construction in progress	-	4,875		3,822
		31,448		29,955
Less: Accumulated depreciation		15,174		15,074
Property, plant and equipment		$	16,274	$	14,882

The following provides long-lived assets by geographic area:
	As of December 31,
(MILLIONS)	2022		2021
United States	$	9,179	$	8,385
Developed Europe	5,389		5,094
Developed Rest of World	293		347
Emerging Markets	1,413		1,056
Property, plant and equipment	$	16,274	$	14,882