v3.25.4
Property, plant and equipment
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Property, plant and equipment Property, plant and equipment
Property, plant and equipment consisted of the following (dollar amounts in millions):
December 31,
Useful life (in years)20252024
Land$348 $346 
Buildings and improvements
10-40
4,932 4,803 
Manufacturing equipment
8-12
3,589 3,291 
Laboratory equipment
8-12
1,438 1,345 
Fixed equipment122,668 2,592 
Capitalized software
3-5
1,554 1,442 
Other
5-10
1,114 1,059 
Construction in progress3,390 2,053 
Property, plant and equipment, gross19,033 16,931 
Less accumulated depreciation and amortization(11,120)(10,388)
Property, plant and equipment, net$7,913 $6,543 
During the years ended December 31, 2025, 2024 and 2023, we recognized depreciation and amortization expense associated with our property, plant and equipment of $763 million, $694 million and $685 million, respectively.
Geographic information
Certain geographic information with respect to property, plant and equipment, net, was as follows (in millions):
 December 31,
 20252024
U.S.$5,188 $4,156 
Puerto Rico1,273 1,174 
ROW1,452 1,213 
Total property, plant and equipment, net$7,913 $6,543