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PROPERTY AND EQUIPMENT, NET (Tables)
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Carrying Value of Property and Equipment and Estimated Service Lives

Carrying Value of Property and Equipment and Estimated Service Lives

 

DOLLAR AMOUNTS IN MILLIONS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

DECEMBER 31,

 

 

DECEMBER 31,

 

 

 

RANGE OF LIVES

 

 

2023

 

 

2022

 

Property and equipment, at cost:

 

 

 

 

 

 

 

 

 

Land

 

N/A

 

 

$

83

 

 

$

83

 

Buildings and improvements

 

15-40

 

 

 

1,222

 

 

 

1,166

 

Machinery and equipment

 

5-25

 

 

 

4,005

 

 

 

3,791

 

Roads

 

10-35

 

 

 

760

 

 

 

743

 

Other

 

3-10

 

 

 

100

 

 

 

98

 

Total cost

 

 

 

 

 

6,170

 

 

 

5,881

 

Accumulated depreciation and amortization

 

 

 

 

 

(3,901

)

 

 

(3,710

)

Property and equipment, net

 

 

 

 

$

2,269

 

 

$

2,171