v3.26.1
PROPERTY, PLANT AND EQUIPMENT
 6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment – net consist of the following (in millions):
 June 30,
2026		December 31,
2025
Property - Land and land improvements
$125 $93 
Plant - Building and building improvements
461 374 
Equipment782 666 
Leasehold improvements64 63 
Construction in progress91 79 
Property, plant and equipment – gross 1,523 1,275 
Less: Accumulated depreciation(557)(515)
Property, plant and equipment – net$966 $760 

Depreciation expense was $26 million and $17 million for the three months ended June 30, 2026 and 2025, respectively, and $48 million and $34 million for the six months ended June 30, 2026 and 2025, respectively.