PROPERTY, PLANT AND EQUIPMENT
|9 Months Ended|
Sep. 30, 2023
|Property, Plant and Equipment [Abstract]|
|PROPERTY, PLANT AND EQUIPMENT||PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment as of September 30, 2023 and December 31, 2022 consisted of the following (in millions):
Property, plant and equipment purchased on account was $734 and $176 million as of September 30, 2023 and December 31, 2022, respectively.
For the three and nine months ended September 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