v3.25.4
Property
 12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment, Net [Abstract]  
Property Property
Estimated Useful Lives in YearsDecember 31, 2025December 31, 2024
Land$1,269 $1,253 
Buildings and improvements
5-40
16,058 14,915 
Machinery and equipment
3-27
42,195 39,575 
Special tools
1-13
25,809 25,813 
Construction in progress8,982 7,176 
Total property94,312 88,732 
Less: accumulated depreciation(42,629)(36,828)
Total property, net$51,683 $51,904 

The amount of capitalized software included in Property, net was $2.2 billion and $2.3 billion at December 31, 2025 and 2024. The amount of interest capitalized and excluded from Automotive interest expense was $316 million, $215 million, and insignificant in the years ended December 31, 2025, 2024, and 2023.
Years Ended December 31,
202520242023
Depreciation and amortization expense$6,892 $6,466 $6,719 
Impairment charges(a)$2,543 $635 $115 
Capitalized software amortization expense(b)$866 $798 $705 
__________
(a)    Includes impairment charges primarily related to our EV strategic realignment in the year ended December 31, 2025 and impairment charges primarily related to the indefinite delay of the Cruise Origin in the year end December 31, 2024.
(b)    Included in Depreciation and amortization expense.