Properties, Plants, and Equipment, net

3 Months Ended

Mar. 31, 2022

Property, Plant and Equipment [Abstract]

Properties, Plants, and Equipment, net

Properties, Plants, and Equipment, net

	March 31, 2022		December 31, 2021
Land and land rights(1)	$	90	$	91
Structures(1)	959		1,034
Machinery and equipment	3,961		3,932
	5,010		5,057
Less: accumulated depreciation and amortization(1)	2,770		2,772
	2,240		2,285
Construction work-in-progress	160		182
Properties, plants, and equipment, net	$	2,400	$	2,467

(1)The Company reached an agreement to sell the corporate center and, as a result, it was classified as held for sale and included in Prepaid expenses and other current assets in the Consolidated Balance Sheet. The carrying value of the building was $40 at March 31, 2022, and no material gain or loss is expected upon finalization of the sale. The Company intends to lease a portion of the property back from the purchaser.The Company incurred capital expenditures which remained unpaid at March 31, 2022 and March 31, 2021 of $29 and $28, respectively, and will result in cash outflows within investing activities in the Statement of Consolidated Cash Flows in subsequent periods.