Property, Plant and Equipment

6 Months Ended

Jun. 30, 2021

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

PROPERTY, PLANT AND EQUIPMENT

The following table summarizes our property, plant and equipment at June 30, 2021 and December 31, 2020:

Millions of dollars	June 30, 2021		December 31, 2020
Land	$	84	$	92
Buildings	1,297		1,517
Machinery and equipment	7,968		8,370
Accumulated depreciation	(6,615)		(6,780)
Property, plant and equipment, net (1)	$	2,734	$	3,199

(1) Decrease of $379 million in property, plant and equipment is due to the deconsolidation of Whirlpool China and divestment of

Turkey subsidiary entity. For additional information, see Note 15 to the Consolidated Condensed Financial Statements.

During the six months ended June 30, 2021, in the normal course of business, we disposed of buildings, machinery and equipment with a net book value of $9 million. The net gain on the disposals were not material.