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PROPERTY, PLANT AND EQUIPMENT, NET
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT, NET PROPERTY, PLANT AND EQUIPMENT, NET
Property, plant and equipment, net is stated at cost less accumulated depreciation and amortization, and consisted of:
December 31,
(in millions)
20222021
Land, land use rights and buildings$1,440 $1,504 
Machinery and equipment5,917 5,807 
Finance lease assets15 13 
Construction in progress610 471 
Total property, plant and equipment, gross7,982 7,795 
Less: accumulated depreciation3,904 3,713 
Property, plant and equipment, net, excluding tooling4,078 4,082 
Tooling, net of amortization287 313 
Property, plant and equipment, net$4,365 $4,395 

Interest costs capitalized for the years ended December 31, 2022, 2021 and 2020 were $18 million, $12 million and $8 million, respectively.

In 2022, the Company revised its prior year presentation of fully depreciated assets still in use to include these assets on their respective line items at their gross values with a corresponding increase in accumulated depreciation.