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PROPERTY, PLANT AND EQUIPMENT, NET
12 Months Ended
Dec. 31, 2023
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)
20232022
Land, land use rights and buildings$1,319 $1,213 
Machinery and equipment5,327 4,963 
Finance lease assets32 13 
Construction in progress671 529 
Total property, plant and equipment, gross7,349 6,718 
Less: accumulated depreciation3,816 3,531 
Property, plant and equipment, net, excluding tooling3,533 3,187 
Tooling, net of amortization250 239 
Property, plant and equipment, net$3,783 $3,426 
Interest costs capitalized for the years ended December 31, 2023, 2022 and 2021 were $17 million, $17 million and $9 million, respectively.