v3.26.1
Property, Plant and Equipment
3 Months Ended
Mar. 31, 2026
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Property, Plant and Equipment
Property, plant and equipment by major asset class consists of the following:
(Dollars in millions)March 31, 2026December 31, 2025
Land, buildings and improvements$457 $389 
Plant and machinery217 212 
Equipment and other431 487 
Total property, plant and equipment, at cost1,105 1,088 
Less accumulated depreciation(593)(576)
Total property, plant and equipment, net $512 $512 
Depreciation expense related to property, plant and equipment was $19 million and $18 million for the three months ended March 31, 2026 and 2025, respectively.