PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Dec. 31, 2016

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT

The major components of property, plant and equipment as of December 31, 2016 and 2015 were as follows:

(in millions)	2016			2015
Land	$	78		$	81
Buildings	600			656
Machinery and equipment	1,214			1,240
Other equipment and leasehold improvements	278			363
Equipment on operating lease	42			34
Construction in progress	296			252
	2,508			2,626
Less accumulated depreciation	(1,196		)	(1,184		)
	$	1,312		$	1,442

Depreciation expense was $193 million, $210 million and $187 million for the years ended December 31, 2016, 2015 and 2014, respectively.