| Property, Plant and Equipment, Net |
Property, Plant and Equipment, Net | | | | | | | | | | | | | | | | | | | | | The following summarizes the components of Property, plant and equipment, net: | | | | Useful Lives | | As of December 31, | | (MILLIONS) | | (Years) | | 2025 | | 2024 | | Land | | - | | $ | 299 | | | $ | 291 | | | Buildings | | 33-50 | | 9,744 | | | 9,036 | | | Machinery and equipment | | 8-20 | | 16,140 | | | 15,095 | | | Furniture, fixtures and other | | 3-12.5 | | 5,714 | | | 5,516 | | | Construction in progress | | - | | 4,805 | | | 4,937 | | | | | | 36,702 | | | 34,876 | | | Less: Accumulated depreciation | | | | 17,386 | | | 16,483 | | Property, plant and equipment, net | | | | $ | 19,317 | | | $ | 18,393 | |
| | | | | | | | | | | | | | | The following provides Property, plant and equipment, net by geographic area: | | | | As of December 31, | | (MILLIONS) | | 2025 | | 2024 | | United States | | $ | 9,680 | | | $ | 9,748 | | | International: | | | | | | Developed Markets | | 8,180 | | | 7,187 | | | Emerging Markets | | 1,457 | | | 1,458 | | Property, plant and equipment, net | | $ | 19,317 | | | $ | 18,393 | |
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