Property, Plant and Equipment, Net

12 Months Ended

Dec. 31, 2018

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment, Net

Property, Plant and Equipment, Net.

Property, plant and equipment, net consists of the following:

		December 31,
	Useful Life	2018			2017
	(in years)	(in millions)
Land		$	416		$	508
Buildings and improvements	3 - 40	1,772			1,715
Machinery, equipment and furniture	1 - 30	4,313			4,326
Assets leased to others	5 - 39	279			388
Construction in progress		221			201
		7,001			7,138
Less: Accumulated depreciation and amortization		(2,298		)	(1,952		)
Property, plant and equipment, net		$	4,703		$	5,186

Assets leased to others is related to our Real Estate segment. Our Real Estate segment's anticipated future receipts of minimum lease payments receivable under the financing and operating method are $33 million in 2019, $33 million in 2020 and $10 million in 2021 and thereafter.

Depreciation and amortization expense related to property, plant and equipment for the years ended December 31, 2018, 2017 and 2016 was $398 million, $430 million and $487 million, respectively.

See Note 5, "Fair Value Measurements," for discussion regarding certain impairments to our property, plant and equipment.