PROPERTY, PLANT AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2020

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT, NET

PROPERTY, PLANT AND EQUIPMENT, NET

Property, plant and equipment, net is stated at cost less accumulated depreciation and amortization, and consisted of:

	December 31,
(in millions)	2020		2019
Land, land use rights and buildings	$	1,375	$	860
Machinery and equipment	4,333		2,971
Finance lease assets	13		1
Construction in progress	432		360
Total property, plant and equipment, gross	6,153		4,192
Less: accumulated depreciation	(1,925)		(1,513)
Property, plant and equipment, net, excluding tooling	4,228		2,679
Tooling, net of amortization	363		246
Property, plant and equipment, net	$	4,591	$	2,925

Interest costs capitalized for the years ended December 31, 2020, 2019 and 2018 were $8 million, $16 million and $22 million, respectively.