v3.23.3
Supplemental Financial Information
9 Months Ended
Sep. 30, 2023
Supplemental Financial Information  
Supplemental Financial Information Supplemental Financial InformationInterest Expense, Net
Three months ended
September 30,
Nine months ended
September 30,
(in millions)2023202220232022
Interest expense$555 $560 $1,660 $1,664 
Interest income(157)(63)(354)(96)
Interest expense, net$398 $497 $1,306 $1,568 
Inventories
(in millions)September 30,
2023
December 31,
2022
Finished goods$1,035 $1,162 
Work-in-process1,690 1,417 
Raw materials1,256 1,000 
Inventories$3,981 $3,579 
Property and Equipment, Net
(in millions)September 30,
2023
December 31,
2022
Property and equipment, gross$11,374 $10,986 
Accumulated depreciation(6,440)(6,051)
Property and equipment, net$4,934 $4,935 
Depreciation expense was $196 million for the three months and $565 million for the nine months ended September 30, 2023 and $181 million for the three months and $582 million for the nine months ended September 30, 2022.