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Note 8 - Property, Plant and Equipment, Net of Accumulated Depreciation - Property, Plant and Equipment, Net of Accumulated Depreciation (Details) - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Property, plant and equipment $ 29,518 $ 29,773
Accumulated depreciation (14,147) (13,969)
Property, plant and equipment, net of accumulated depreciation (2) [1] 15,371 15,804
Land [Member]    
Property, plant and equipment 420 441
Building [Member]    
Property, plant and equipment 5,963 6,145
Equipment [Member]    
Property, plant and equipment [2] 20,800 21,208
Construction in Progress [Member]    
Property, plant and equipment $ 2,335 $ 1,979
[1] Approximately $48 million $36 million and $58 million of interest costs were capitalized as part of property, plant and equipment during the years ended December 31, 2022, 2021 and 2020, respectively.
[2] Manufacturing equipment includes certain components of production equipment that are constructed of precious metals. As of December 31, 2022 and 2021, the carrying value of precious metals was $3.4 billion and $3.5 billion, respectively, and significantly lower than the fair market value. Depletion expense for precious metals for the years ended December 31, 2022, 2021 and 2020 was $27 million, $28 million and $24 million, respectively.