Property, Plant and Equipment, Net

6 Months Ended

Jun. 30, 2024

Property, Plant and Equipment, Net

Property, Plant and Equipment, Net

10.     Property, Plant and Equipment, Net

	June 30,		December 31,
($ in millions)	2024		2023
Land	$	203	$	215
Buildings		1,786		1,792
Machinery and equipment		7,730		7,636
Construction-in-progress		1,060		1,179
		10,779		10,822
Accumulated depreciation		(4,232)		(4,107)
	$	6,547	$	6,715

Depreciation expense was $116 million and $112 million for the three months ended June 30, 2024 and 2023, respectively, and $232 million and $221 million for the six months ended June 30, 2024 and 2023, respectively.