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Property, Plant, and Equipment
 9 Months Ended
Sep. 30, 2023
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure PROPERTY, PLANT AND EQUIPMENT, NET
Property, plant and equipment consisted of the following amounts:
(DOLLARS IN MILLIONS)September 30, 2023December 31, 2022
Asset Type
Land$191 $199 
Buildings and improvements1,721 1,697 
Machinery and equipment3,575 3,344 
Information technology386 291 
Construction in process495 649 
Total Property, plant and equipment6,368 6,180 
Accumulated depreciation(2,242)(1,977)
Total property, plant and equipment, net$4,126 $4,203 
Depreciation expense was $122 million and $111 million for the three months ended September 30, 2023 and 2022, respectively, and $342 million and $345 million for the nine months ended September 30, 2023 and 2022, respectively.
Impairment of Property, Plant and Equipment
As discussed in Note 1, during the second quarter of 2022, an impairment charge of approximately $28 million was recorded in connection with property, plant and equipment, primarily buildings and improvements, of an asset group that operated primarily in Russia.