v3.25.2
Property, plant, and equipment
6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
Property, plant, and equipment Property, plant, and equipment
Property, plant, and equipment, net consists of the following:
(in millions)June 30, 2025December 31, 2024Estimated Useful Life (Years)
Buildings, building improvements, and refrigeration equipment$9,414 $8,759 
1 — 40
Land and land improvements1,661 1,530 
15 — Indefinite
Machinery and equipment1,669 1,578 
5 — 20
Railcars549 549 
7 — 50
Furniture, fixtures, equipment, and software734 669 
1 — 7
Gross property, plant, and equipment14,027 13,085 
Less accumulated depreciation(3,223)(2,854)
Construction in progress519 396 
Property, plant, and equipment, net$11,323 $10,627 
For the six months ended June 30, 2025, the Company recorded impairment charges of $1 million. No impairment charges were recorded for the three months ended June 30, 2025. For the three and six months ended June 30, 2024, the Company recorded impairment charges of $29 million, $24 million of which was related to losses from the warehouse fire in Kennewick, Washington (refer to Note 17, Commitments and contingencies for details). Impairment charges are included in Restructuring, impairment, and (gain) loss on disposals in the condensed consolidated statements of operations and comprehensive income (loss).