乐天堂fun88(中国区)官方网站 Corporation Registration of securities issued in business combination transactions

Registration of securities issued in business combination transactions

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Dec. 31, 2012

PROPERTY, PLANT AND EQUIPMENT

听

PROPERTY, PLANT AND EQUIPMENT

5. PROPERTY, PLANT AND EQUIPMENT

听听听听听听听听The cost and accumulated depreciation of property, plant and equipment were as follows (dollars in millions):

听	听	December听31,					听

听	听	2012		听	2011		听
Land	听	$	151	听	$	148	听
Buildings	听	听	666	听	听	629	听
Plant and equipment	听	听	6,270	听	听	6,058	听
Construction in progress	听	听	549	听	听	330	听
听	听	听		听	听		听
Total	听	听	7,636	听	听	7,165	听
Less accumulated depreciation	听	听	(3,980	)	听	(3,655	)
听	听	听		听	听		听
Net	听	$	3,656	听	$	3,510	听
听	听	听		听	听		听

听听听听听听听听Depreciation expense for 2012, 2011 and 2010 was $375听million, $374听million and $340听million, respectively, of which $5听million, nil and $1听million was related to discontinued operations in 2012, 2011 and 2010, respectively.

听听听听听听听听Property, plant and equipment includes gross assets acquired under capital leases of $1听million and $2听million, respectively, at December听31, 2012 and 2011 and related amounts included in accumulated depreciation were nil and $1听million at December听31, 2012 and 2011, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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