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PROPERTY, PLANT AND EQUIPMENT |
NOTE 6 - PROPERTY, PLANT AND EQUIPMENT
The following table indicates the carrying value of each of the major classes of our depreciable assets:
We recorded depreciation and depletion expense of $249 million and $547 million for the three and six months ended JuneÌý30, 2022, respectively, and $208 million and $423 million for the three and six months ended JuneÌý30, 2021, respectively. Depreciation and depletion expense for the three and six months ended JuneÌý30, 2022 includes $23Ìýmillion of accelerated depreciation related to the decision to indefinitely idle the coke facility at Middletown Works. Depreciation and depletion expense for the six months ended JuneÌý30, 2022 also includes $68Ìýmillion of accelerated depreciation related to the indefinite idle of the Indiana Harbor #4 blast furnace.
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- References No definition available.
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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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