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Property, Plant and Equipment, Net
6 Months Ended
Jun. 30, 2022
Property, Plant and Equipment, Net.  
Property, Plant and Equipment, Net

10.     Property, Plant and Equipment, Net

June 30,

December 31,

($ in millions)

    

2022

    

2021

Land

$

185

$

167

Buildings

2,209

2,081

Machinery and equipment

7,177

6,876

Construction-in-progress

1,341

1,179

10,912

10,303

Accumulated depreciation

(4,283)

(3,801)

$

6,629

$

6,502

Depreciation expense amounted to $129 million and $127 million for the three months ended June 30, 2022 and 2021, respectively, and $269 million and $250 million for the six months ended June 30, 2022 and 2021, respectively.

As discussed in Note 1, the deteriorating circumstances resulting from Russia’s invasion of Ukraine resulted in a triggering event for the company’s Russian long-lived asset group. In the second quarter of 2022, Ball recorded a non-cash impairment charge totaling $296 million related to property, plant and equipment associated with the company’s Russian aluminum beverage packaging business.