v3.25.1
Property, Plant and Equipment, Net
3 Months Ended
Mar. 31, 2025
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment, Net Property, Plant and Equipment, Net
Property, plant and equipment, net of accumulated depreciation, consisted of the following:
March 31, 2025December 31, 2024
Land and land improvements$238 $236 
Buildings418 407 
Machinery and equipment2,792 2,621 
Construction-in-progress404 490 
Other37 35 
Subtotal3,889 3,789 
Less: accumulated depreciation(1,967)(1,862)
Property, plant and equipment, net$1,922 $1,927 
Substantially all of the property, plant and equipment, net is pledged as collateral for our debt.
The table below summarizes depreciation expense related to property, plant and equipment for the periods presented, recorded in the specific line items in our unaudited Condensed Consolidated Statements of Operations:
Three Months Ended March 31,
20252024
Cost of goods sold$53 $56 
Selling, general and administrative expenses
Total$54 $57