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 by major asset class consists of the following:
(Dollars in millions)June 30, 2026December 31, 2025
Land, buildings and improvements$457 $389 
Plant and machinery230 212 
Equipment and other445 487 
Total property, plant and equipment, at cost1,132 1,088 
Less accumulated depreciation(606)(576)
Total property, plant and equipment, net $526 $512 
Depreciation expense related to property, plant and equipment was $20 million and $39 million for the three and six months ended June 30, 2026, respectively, and $17 million and $35 million for the three and six months ended June 30, 2025, respectively.