Quarterly report pursuant to Section 13 or 15(d)

PROPERTY, PLANT AND EQUIPMENT (Tables)

v3.23.1
PROPERTY, PLANT AND EQUIPMENT (Tables)
3 Months Ended
Mar. 31, 2023
Property, Plant and Equipment [Abstract]  
Value Of Each Of The Major Classes Of Consolidated Depreciable Assets
The following table indicates the carrying value of each of the major classes of our depreciable assets:
(In millions) March 31,
2023
December 31,
2022
Land, land improvements and mineral rights $ 1,390  $ 1,388 
Buildings 927  921 
Equipment 9,359  9,289 
Other 244  238 
Construction in progress 580  552 
Total property, plant and equipment1
12,500  12,388 
Allowance for depreciation and depletion (3,550) (3,318)
Property, plant and equipment, net $ 8,950  $ 9,070 
1 Includes right-of-use assets related to finance leases of $424 million and $408 million as of March 31, 2023 and December 31, 2022, respectively.