v3.23.1
Supplemental Financial Information
3 Months Ended
Mar. 31, 2023
Supplemental Financial Information  
Supplemental Financial Information Supplemental Financial InformationInterest Expense, Net
Three months ended
March 31,
(in millions)20232022
Interest expense$553 $548 
Interest income(99)(9)
Interest expense, net$454 $539 
Inventories
(in millions)March 31,
2023
December 31,
2022
Finished goods$1,319 $1,162 
Work-in-process1,312 1,417 
Raw materials1,202 1,000 
Inventories$3,833 $3,579 
Property and Equipment, Net
(in millions)March 31,
2023
December 31,
2022
Property and equipment, gross$11,142 $10,986 
Accumulated depreciation(6,211)(6,051)
Property and equipment, net$4,931 $4,935 
Depreciation expense was $179 million for the three months ended March 31, 2023 and $198 million for the three months ended March 31, 2022.