PROPERTY, PLANT AND EQUIPMENT (TABLE)

12 Months Ended

Dec. 31, 2019

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

The range of useful lives for the major components of the Company’s plant and equipment is as follows:

Buildings and leasehold improvements	15 – 40 years
Machinery and equipment
Furnaces	4 – 15 years
Information systems	5 – 10 years
Equipment	5 – 20 years

Property, plant and equipment consist of the following (in millions):

	December 31, 2019		December 31, 2018
Land	$	221	$	224
Buildings and leasehold improvements	1,186		1,091
Machinery and equipment	4,978		4,628
Construction in progress	310		443
	6,695		6,386
Accumulated depreciation	(2,840)		(2,575)
Property, plant and equipment, net	$	3,855	$	3,811