PROPERTY, PLANT AND EQUIPMENT, NET (Tables)

12 Months Ended

Dec. 31, 2020

Property, Plant and Equipment [Abstract]

Schedule of Property, Plant and Equipment, Net

Except for leasehold improvements, depreciation is computed by the straight-line method over the assets' estimated useful lives:

Property, Plant, and Equipment Assets Type	Useful Life
Buildings	40 years
Machinery and Equipment	4 to 15 years
Leasehold Improvements	Shorter of the estimated useful life or the term of the lease

Property, plant and equipment, net, were as follows:

	Year Ended December 31,
(in millions)	2020		2019
Assets, at cost:
Land	$	54	$	52
Buildings and improvements	595		554
Machinery and equipment	1,414		1,327
Construction in progress	120		102
	$	2,183	$	2,035
Less: Accumulated depreciation	1,392		1,233
Property, plant and equipment, net	$	791	$	802