v3.25.4
NET PROPERTY (Tables)
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Schedule of Net Property and Property-Related Expenses, Excluding Net Investment in Operating Leases
Net property at December 31 was as follows (in millions):
20242025
Land$360 $408 
Buildings and land improvements13,912 15,305 
Machinery, equipment, and other40,765 41,056 
Software5,694 6,017 
Construction in progress6,240 4,094 
Total land, plant and equipment, and other66,971 66,880 
Accumulated depreciation(33,525)(36,305)
Net land, plant and equipment, and other33,446 30,575 
Tooling, net of amortization8,482 6,713 
Total$41,928 $37,288 

Property-related expenses, excluding net investment in operating leases, for the years ended December 31 were as follows (in millions):
 202320242025
Depreciation and other amortization (a)$3,041 $3,067 $10,254 
Tooling amortization (a) 2,340 2,018 3,198 
Total$5,381 $5,085 $13,452 
Maintenance and rearrangement$1,909 $1,919 $2,137 
__________
(a)Included in 2025 is our impairment of long-lived assets, which is reported as part of Cost of sales.