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Quarterly report pursuant to Section 13 or 15(d)

PROPERTY, PLANT AND EQUIPMENT

v3.21.2
PROPERTY, PLANT AND EQUIPMENT
6 Months Ended
Jun. 30, 2021
Property, Plant and Equipment [Abstract] Ìý
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:
(In Millions)
June 30,
2021
December 31,
2020
Land, land improvements and mineral rights $ 1,274Ìý $ 1,213Ìý
Buildings 865Ìý 703Ìý
Equipment 8,104Ìý 6,786Ìý
Other 205Ìý 151Ìý
Construction in progress 430Ìý 1,364Ìý
Total property, plant and equipment1
10,878Ìý 10,217Ìý
Allowance for depreciation and depletion (1,896) (1,474)
Property, plant and equipment, net $ 8,982Ìý $ 8,743Ìý
1 Includes right-of-use assets related to finance leases of $376 million and $361 million as of JuneÌý30, 2021 and DecemberÌý31, 2020, respectively.
We recorded depreciation and depletion expense of $208 million and $423 million for the three and six months ended JuneÌý30, 2021, respectively, and $75 million and $111 million for the three and six months ended JuneÌý30, 2020, respectively.