Annual report pursuant to Section 13 and 15(d)

PROPERTY, PLANT AND EQUIPMENT

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PROPERTY, PLANT AND EQUIPMENT
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT
NOTE 7. PROPERTY, PLANT AND EQUIPMENT
Details of our property, plant and equipment balance were as follows:
  December 31,
In millions 2024 2023
Land and buildings $ 3,012  $ 3,039 
Machinery, equipment and fixtures 7,266  7,245 
Construction in process 1,518  1,390 
Property, plant and equipment, gross 11,796  11,674 
Less: Accumulated depreciation (5,440) (5,425)
Property, plant and equipment, net $ 6,356  $ 6,249 
In the fourth quarter of 2024, we impaired $61 million of long-lived assets in our Accelera segment. See NOTE 22, "ACCELERA STRATEGIC REORGANIZATION ACTIONS," for additional information.