Property, Plant and Equipment, Net

12 Months Ended

Dec. 31, 2024

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment, Net

Note F: Property, Plant and Equipment, Net

December 31
(in millions)	2024			2023
Land and land improvements	$	1,858		$	1,599
Mineral reserves and interests		6,328			2,982
Buildings		175			160
Machinery and equipment		6,117			5,380
Construction in progress		313			333
Finance lease right-of-use assets		295			254
Total property, plant and equipment		15,086			10,708
Less: accumulated depreciation, depletion and amortization		(4,977	)		(4,522	)
Property, plant and equipment, net	$	10,109		$	6,186

Depreciation, depletion and amortization expense related to property, plant and equipment was $540 million, $480 million and $473 million for the years ended December 31, 2024, 2023 and 2022, respectively. Depreciation, depletion and amortization expense includes amortization of right-of-use assets from finance leases.

At both December 31, 2024 and 2023, $40 million of the Building Materials business’ property, plant and equipment, net, were located in The Bahamas and Canada.