v3.26.3
Property, Plant and Equipment
 9 Months Ended
Sep. 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)September 30, 2026December 31, 2025
Land, buildings and improvements$457 $389 
Plant and machinery233 212 
Equipment and other506 487 
Total property, plant and equipment, at cost1,196 1,088 
Less accumulated depreciation(624)(576)
Total property, plant and equipment, net $572 $512 
Depreciation expense related to property, plant and equipment was $22 million and $61 million for the three and nine months ended September 30, 2026, respectively, and $18 million and $53 million for the three and nine months ended September 30, 2025, respectively.