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Property, Plant and Equipment, net
9 Months Ended
Sep. 30, 2020
Property Plant And Equipment [Abstract]  
Property, Plant and Equipment, net

5. Property, Plant and Equipment, net

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

 

 

Estimated

Useful Lives

 

September 30, 2020

 

 

December 31, 2019

 

Information technology assets

 

1-7 Years

 

$

48

 

 

$

46

 

Operating equipment (1)

 

2-15 Years

 

 

102

 

 

 

109

 

Buildings and land (2)

 

5-35 Years

 

 

101

 

 

 

100

 

Construction in progress

 

 

 

 

 

 

 

10

 

Total property, plant and equipment

 

 

 

 

251

 

 

 

265

 

Less: accumulated depreciation

 

 

 

 

(150

)

 

 

(145

)

Property, plant and equipment, net

 

 

 

$

101

 

 

$

120

 

 

 

(1)

Includes finance lease right-of-use assets.

 

(2)

Land has an indefinite life.

As of September 30, 2020, the Company classified a facility as held-for-sale in the International segment, with the net carrying value of approximately $2 million.