| | | | NOTE 2 — PROPERTY, PLANT AND EQUIPMENT |
Property, plant and equipment, net included the following: | | | | | | | | | | MAY 31, | (Dollars in millions) | 2025 | 2024 | | Land and improvements | $ | 334 | | $ | 329 | | | Buildings | 3,510 | | 3,439 | | | Machinery and equipment | 2,954 | | 3,123 | | | Internal-use software | 1,693 | | 1,807 | | | Leasehold improvements | 2,037 | | 2,023 | | | Construction in process | 404 | | 193 | | | Total property, plant and equipment, gross | 10,932 | | 10,914 | | Less accumulated depreciation and amortization | 6,104 | | 5,914 | | | TOTAL PROPERTY, PLANT AND EQUIPMENT, NET | $ | 4,828 | | $ | 5,000 | |
Capitalized interest was not material for the fiscal years ended May 31, 2025, 2024 and 2023.
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