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PROPERTY, PLANT AND EQUIPMENT, NET
12 Months Ended
Dec. 31, 2024
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)
20242023
Land, land use rights and buildings$1,354 $1,319 
Machinery and equipment5,520 5,327 
Finance lease assets30 32 
Construction in progress437 671 
Total property, plant and equipment, gross7,341 7,349 
Less: accumulated depreciation4,007 3,816 
Property, plant and equipment, net, excluding tooling3,334 3,533 
Tooling, net of amortization241 250 
Property, plant and equipment, net$3,575 $3,783 

Interest costs capitalized for the years ended December 31, 2024, 2023 and 2022 were $15 million, $17 million and $17 million, respectively.