XML 96 R43.htm IDEA: XBRL DOCUMENT v3.24.0.1
PROPERTY, PLANT AND EQUIPMENT, NET (Tables)
 12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Schedule of Property, Plant and Equipment, Net Except for leasehold improvements, depreciation and amortization is computed by the straight-line method over the assets estimated useful lives:
Property, Plant and Equipment Assets Type
Useful Life
Buildings
40 years
Machinery and Equipment
4 to 15 years
Capitalized Software
2 to 10 years
Leasehold ImprovementsShorter of the estimated useful life or the term of the lease
Property, plant and equipment, net, were as follows:
Year Ended December 31,
(in millions)20232022
Land$49 $48 
Buildings and improvements568 546 
Machinery and equipment964 963 
Capitalized software446 400 
Construction in progress138 116 
 $2,165 $2,073 
Less: Accumulated depreciation and amortization1,365 1,312 
Property, plant and equipment, net$800 $761