PROPERTY, PLANT AND EQUIPMENT
|6 Months Ended|
Jun. 30, 2023
|Property, Plant and Equipment [Abstract]|
|PROPERTY, PLANT AND EQUIPMENT||PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment as of June 30, 2023 and December 31, 2022 consisted of the following (in millions):
Property, plant and equipment purchased on account was $684 and $176 million as of June 30, 2023 and December 31, 2022, respectively.For the three and six months ended June 30, 2023 and 2022, there were no material impairment charges.
The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef