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Property, Plant and Equipment, Net
3 Months Ended
Mar. 31, 2025
Property, Plant and Equipment, Net  
Property, Plant and Equipment, Net

10.     Property, Plant and Equipment, Net

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March 31,

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December 31,

($ in millions)

    

2025

    

2024

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Land

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$

206

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$

198

Buildings

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1,876

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1,794

Machinery and equipment

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7,745

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7,450

Construction-in-progress

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796

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836

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10,623

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10,278

Accumulated depreciation

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(4,246)

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(4,105)

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$

6,377

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$

6,173

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Depreciation expense was $114 million and $116 million for the three months ended March 31, 2025 and 2024, respectively.