Property, plant and equipment, net

12 Months Ended

Dec. 31, 2025

Property, Plant and Equipment [Abstract]

Property, plant and equipment, net

6. Property, plant and equipment, net
Property, plant and equipment, net as of December 31 were:

in $ millions	2025	2024
Mineral-bearing land	5,596	5,159
Land and buildings	7,392	6,609
Plant and machinery	25,842	23,047
Construction in progress	2,974	1,963
Finance lease right-of-use assets	741	376
Total property, plant and equipment	42,545	37,154
Less: accumulated depreciation, depletion, amortization and impairment	(17,608)	(15,702)
Total property, plant and equipment, net	24,937	21,452

Depreciation, depletion and amortization expense related to property, plant and equipment was $1,964 million, $1,646 million and $1,494 million for the years ended December 31, 2025, 2024 and 2023, respectively. Depreciation, depletion and amortization expense includes amortization of right-of-use assets from finance leases.

Property, plant and equipment is assessed for indicators of impairment by reviewing a series of external and internal sources of information specific to the assets under consideration.

Impairment charges of $2 million and $89 million were recognized during the years ended December 31, 2025 and 2024, respectively, principally relating to the write-down of property, plant and equipment in our Americas Materials Solutions and International Solutions segments.