Text Block Summary for Disclosure - Property, Plant and Equipment

# 1
Entity Registrant Name 3M CO
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt NOT FOUND
NOT FOUND
# 2
Entity Registrant Name ABBOTT LABORATORIES
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock

 

 

Classification
  Estimated Useful Lives

Buildings

   10 to 50 years (average 27 years)

Equipment

   3 to 20 years (average 11 years)
# 3
Entity Registrant Name AETNA INC /PA/
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt PPE Components Presented on Balance Sheet
PPE Components Presented on Balance Sheet
# 4
Entity Registrant Name Allstate Corp
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt NOT FOUND
NOT FOUND
# 5
Entity Registrant Name AMAZON COM INC
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
Property and equipment, at cost, consisted of the following (in millions):
 
 
December 31,
 
2013
 
2012
Gross property and equipment (1):
 
 
 
Land and buildings
$
4,584

 
$
2,966

Equipment and internal-use software (2)
9,274

 
6,228

Other corporate assets
231

 
174

Construction in progress
720

 
214

Gross property and equipment
14,809

 
9,582

Total accumulated depreciation (1)
3,860

 
2,522

Total property and equipment, net
$
10,949

 
$
7,060

 ___________________
(1)
Excludes the original cost and accumulated depreciation of fully-depreciated assets.
(2)
Includes internal-use software of $1.1 billion and $866 million as of December 31, 2013 and 2012.
# 6
Entity Registrant Name AMERICAN AIRLINES INC
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
The depreciable lives used for the principal depreciable asset classifications are:
 
  
Depreciable Life
 
 
American jet aircraft and engines
  
20 - 30 years
Other regional aircraft and engines
  
16 - 20 years
Major rotable parts, avionics and assemblies
  
Life of equipment to which applicable
Improvements to leased flight equipment
  
Lesser of remaining lease term or expected useful life
Buildings and improvements (principally on leased land)
  
5 - 30 years or term of lease, including estimated renewal options when renewal is economically compelled at key airports
Furniture, fixtures and other equipment
  
3 - 10 years
Capitalized software
  
5 - 10 years
# 7
Entity Registrant Name AMERICAN EXPRESS CO
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt PPE Appears Immaterial
PPE Appears Immaterial
# 8
Entity Registrant Name AMERICAN INTERNATIONAL GROUP INC
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt NOT FOUND
NOT FOUND
# 9
Entity Registrant Name AMERISOURCEBERGEN CORP
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt PPE Components Presented on Balance Sheet
PPE Components Presented on Balance Sheet
# 10
Entity Registrant Name APPLE INC
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock

Property, Plant and Equipment

 

     2014     2013  

Land and buildings

    $ 4,863      $ 3,309   

Machinery, equipment and internal-use software

      29,639        21,242   

Leasehold improvements

      4,513        3,968   
  

 

 

    

 

 

  

Gross property, plant and equipment

      39,015        28,519   

Accumulated depreciation and amortization

      (18,391 )      (11,922 ) 
  

 

 

    

 

 

  

Net property, plant and equipment

    $ 20,624      $ 16,597   
  

 

 

    

 

 

  
# 11
Entity Registrant Name ARCHER DANIELS MIDLAND CO
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt PPE Components Presented on Balance Sheet
PPE Components Presented on Balance Sheet
# 12
Entity Registrant Name AT&T Inc.
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentDisclosureTextBlock

NOTE 6. PROPERTY, PLANT AND EQUIPMENT

 

Property, plant and equipment is summarized as follows at December 31:

 

  Lives (years)  2013  2012
Land- $ 1,523 $ 1,689
Buildings and improvements10-44   31,485   28,939
Central office equipment13-10   86,370   86,185
Cable, wiring and conduit15-50   76,107   80,338
Other equipment3-15   67,887   61,387
Software3   8,150   7,957
Under construction-   3,276   4,412
     274,798   270,907
Accumulated depreciation and amortization    163,830   161,140
Property, plant and equipment - net  $ 110,968 $ 109,767
 1 Includes certain network software.

Our depreciation expense was $17,722 in 2013, $16,933 in 2012 and $16,368 in 2011. Depreciation expense included amortization of software totaling $2,142 in 2013, $2,130 in 2012 and $2,243 in 2011.

 

Certain facilities and equipment used in operations are leased under operating or capital leases. Rental expenses under operating leases were $3,683 for 2013, $3,507 for 2012, and $3,414 for 2011. At December 31, 2013, the future minimum rental payments under noncancelable operating leases for the years 2014 through 2018 were $3,003, $2,857, $2,694, $2,458, and $2,233, with $11,707 due thereafter. Certain real estate operating leases contain renewal options that may be exercised. Capital leases are not significant.
# 13
Entity Registrant Name BANK OF AMERICA CORP /DE/
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt PPE Appears Immaterial
PPE Appears Immaterial
# 14
Entity Registrant Name BEST BUY CO INC
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
Estimated useful lives by major asset category are as follows:
Asset
 
Life
(in years)
Buildings
 
25-50
Leasehold improvements
 
3-25
Fixtures and equipment
 
3-20
Property under capital lease
 
2-20
# 15
Entity Registrant Name BOEING CO
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
Property, plant and equipment at December 31 consisted of the following:
 
2013

 
2012

Land

$562

 

$531

Buildings and land improvements
11,068

 
10,696

Machinery and equipment
12,376

 
11,847

Construction in progress
1,288

 
1,231

Gross property, plant and equipment
25,294

 
24,305

Less accumulated depreciation
(15,070
)
 
(14,645
)
Total

$10,224

 

$9,660
# 16
Entity Registrant Name CARDINAL HEALTH INC
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
The following table presents the components of property and equipment, net at June 30:
(in millions)
2014
 
2013
Land, building and improvements
$
1,419

 
$
1,398

Machinery and equipment
2,326

 
2,149

Furniture and fixtures
125

 
122

Total property and equipment, at cost
3,870

 
3,669

Accumulated depreciation and amortization
(2,411
)
 
(2,180
)
Property and equipment, net
$
1,459

 
$
1,489
# 17
Entity Registrant Name CATERPILLAR INC
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
 
 
 
 
December 31,
(Millions of dollars)
 
Useful
Lives (Years)
 
2013
 
2012
 
2011
Land
 
—
 
$
688

 
$
723

 
$
753

Buildings and land improvements
 
20-45
 
6,928

 
6,214

 
5,857

Machinery, equipment and other
 
3-10
 
16,793

 
16,073

 
14,435

Equipment leased to others
 
1-10
 
5,365

 
4,658

 
4,285

Construction-in-process
 
—
 
1,542

 
2,264

 
1,996

Total property, plant and equipment, at cost
 
 
 
31,316

 
29,932

 
27,326

Less: Accumulated depreciation
 
 
 
(14,241
)
 
(13,471
)
 
(12,931
)
Property, plant and equipment–net
 
 
 
$
17,075

 
$
16,461

 
$
14,395

 
 
 
 
 
 
 
 
 
 
# 18
Entity Registrant Name CHEVRON CORP
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
 
At December 31
 
 
 
Year ended December 31
 
 
Gross Investment at Cost
 
 
 
Net Investment
 
 
 
Additions at Cost2,3
 
 
 
Depreciation Expense4
 
 
2013


2012


2011



2013


2012


2011



2013


2012


2011



2013


2012


2011

Upstream


























   United States
$
89,555


$
81,908


$
74,369



$
41,831


$
37,909


$
33,461



$
8,188


$
8,211


$
14,404



$
4,412


$
3,902


$
3,870

   International
169,623


145,799


125,795



104,100


85,318


72,543



27,383


21,343


15,722



8,336


8,015


7,590

Total Upstream
259,178


227,707


200,164



145,931


123,227


106,004



35,571


29,554


30,126



12,748


11,917


11,460

Downstream


























   United States
22,407


21,792


20,699



11,481


11,333


10,723



1,154


1,498


1,226



780


799


776

   International
9,303


8,990


7,422



4,139


3,930


2,995



653


2,544


443



360


308


332

Total Downstream
31,710


30,782


28,121



15,620


15,263


13,718



1,807


4,042


1,669



1,140


1,107


1,108

All Other5


























   United States
5,402


4,959


5,117



3,194


2,845


2,872



721


415


591



286


384


338

   International
143


33


30



84


13


14



23


4


5



12


5


5

Total All Other
5,545


4,992


5,147



3,278


2,858


2,886



744


419


596



298


389


343

Total United States
117,364


108,659


100,185



56,506


52,087


47,056



10,063


10,124


16,221



5,478


5,085


4,984

Total International
179,069


154,822


133,247



108,323


89,261


75,552



28,059


23,891


16,170



8,708


8,328


7,927

Total
$
296,433


$
263,481


$
233,432



$
164,829


$
141,348


$
122,608



$
38,122


$
34,015


$
32,391



$
14,186


$
13,413


$
12,911

1 
Other than the United States, Australia and Nigeria, no other country accounted for 10 percent or more of the company’s net properties, plant and equipment (PP&E) in 2013. Australia had $31,464, $21,770 and $12,423 in 2013, 2012, and 2011, respectively. Nigeria had PP&E of $18,429, $17,485 and $15,601 for 2013, 2012 and 2011, respectively.
2 
Net of dry hole expense related to prior years’ expenditures of $89, $80 and $45 in 2013, 2012 and 2011, respectively.
3 
Includes properties acquired with the acquisition of Atlas Energy, Inc., in 2011.
4 
Depreciation expense includes accretion expense of $627, $629 and $628 in 2013, 2012 and 2011, respectively.
5 
Primarily mining operations, power and energy services, real estate assets and management information systems.
# 19
Entity Registrant Name Chrysler Group LLC
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock

The components of property, plant and equipment as of December 31 were as follows (in millions of dollars):

 

     Range of Useful
Lives (years)		    2013      2012  

Land

                 -                 $ 247       $ 257   

Leasehold improvements and buildings

            12 - 40              3,385         2,929   

Technical equipment and machinery

              3 - 30              10,348         8,103   

Factory, office and other equipment

              3 - 19              1,849         1,640   

Special tooling

              3 - 12              8,974         7,526   

Construction in progress, including advance payments related to plant and equipment

                 -                   1,535         3,125   
     

 

 

     

 

 

  
        26,338         23,580   

Accumulated depreciation and amortization

         (10,267)         (8,089)   
     

 

 

     

 

 

  

Total

    $ 16,071       $ 15,491   
# 20
Entity Registrant Name CHS Inc.
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
A summary of property, plant and equipment as of August 31, 2014 and 2013 is as follows:
 
2014
 
2013
 
(Dollars in thousands)
Land and land improvements
$
212,609

 
$
169,022

Buildings
686,371

 
574,834

Machinery and equipment
4,558,485

 
4,195,523

Office and other
133,599

 
118,442

Construction in progress
1,018,011

 
480,703

 
6,609,075

 
5,538,524

Less accumulated depreciation and amortization
2,578,052

 
2,367,120

Total property, plant and equipment 
$
4,031,023

 
$
3,171,404
# 21
Entity Registrant Name CIGNA Corporation
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
       
    Accumulated Net Carrying
(Dollars in millions) Cost Amortization Value
       
2013      
Internal-use software$ 1,942$ 1,307$ 635
Other property and equipment  1,747  918  829
Total property and equipment$ 3,689$ 2,225$ 1,464
       
2012      
Internal-use software$ 1,738$ 1,191$ 547
Other property and equipment  1,415  842  573
Total property and equipment$ 3,153$ 2,033$ 1,120
# 22
Entity Registrant Name CISCO SYSTEMS, INC.
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
Property and equipment, net:
 
 
 
 
Land, buildings, and building and leasehold improvements
 
$
4,468

 
$
4,426

Computer equipment and related software
 
1,425

 
1,416

Production, engineering, and other equipment
 
5,756

 
5,721

Operating lease assets
 
362

 
326

Furniture and fixtures
 
509

 
497

 
 
12,520

 
12,386

Less accumulated depreciation and amortization
 
(9,268
)
 
(9,064
)
Total
 
$
3,252

 
$
3,322
# 23
Entity Registrant Name COCA COLA CO
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
The following table summarizes our property, plant and equipment (in millions):
December 31,
2013

 
2012

Land
$
1,011

 
$
997

Buildings and improvements
5,605

 
5,307

Machinery, equipment and vehicle fleet
17,551

 
16,203

Construction in progress
865

 
979

 
$
25,032

 
$
23,486

Less accumulated depreciation
10,065

 
9,010

Property, plant and equipment — net
$
14,967

 
$
14,476
# 24
Entity Registrant Name COMCAST CORP
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
December 31 (in millions)Weighted-Average Original Useful Life As of December 31, 2013 2013 2012
Cable distribution system11years$ 30,498$ 29,528
Customer premise equipment6years  25,949  24,763
Other equipment5years  6,826  5,909
Buildings and leasehold improvements21years  8,057  5,468
Land  -  1,084  989
Property and equipment, at cost    72,414  66,657
Less: Accumulated depreciation    42,574  39,425
Property and equipment, net  $ 29,840$ 27,232
# 25
Entity Registrant Name CONOCOPHILLIPS
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
 Millions of Dollars 
 2013 2012 
Properties, Plants and Equipment     
Proved properties*$ 123,012  111,458 
Unproved properties*  8,465  8,257 
Other  6,671  6,464 
Gross properties, plants and equipment  138,148  126,179 
Less: Accumulated depreciation  (65,321)  (58,916) 
Net properties, plants and equipment$ 72,827  67,263 
*Excludes assets held for sale reclassified to prepaid expenses and other current assets, including proved and unproved properties 
of $1,773 million and $73 million, respectively, at December 31, 2013, and $11,075 million and $234 million, respectively, at December 31, 2012. 
      
# 26
Entity Registrant Name CORNING INC /NY
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
 
December 31,
 
2013
 
2012
Land
$
121 
 
$
112 
Buildings
 
4,175 
   
4,324 
Equipment
 
12,286 
   
12,571 
Construction in progress
 
1,084 
   
1,270 
   
17,666 
   
18,277 
Accumulated depreciation
 
(7,865)
   
(7,652)
Total
$
9,801 
 
$
10,625 
# 27
Entity Registrant Name COSTCO WHOLESALE CORP /NEW
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt PPE Components Presented on Balance Sheet
PPE Components Presented on Balance Sheet
# 28
Entity Registrant Name CVS CAREMARK CORP
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
The following are the components of property and equipment at December 31: 
In millions
2013
 
2012
Land
$
1,460

 
$
1,429

Building and improvements
2,694

 
2,614

Fixtures and equipment
8,419

 
7,928

Leasehold improvements
3,320

 
3,105

Software
1,515

 
1,230

 
17,408

 
16,306

Accumulated depreciation and amortization
(8,793
)
 
(7,674
)
Property and equipment, net
$
8,615

 
$
8,632
# 29
Entity Registrant Name DELTA AIR LINES INC /DE/
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
The following table shows our property and equipment:
 
 
December 31,
(in millions, except for estimated useful life)
Estimated Useful Life
2013
2012
Flight equipment
21-30 years
$
23,373

$
21,481

Ground property and equipment
3-40 years
4,596

4,254

Flight and ground equipment under capital leases
Shorter of lease term or estimated useful life
1,296

1,381

Advance payments for equipment
 
381

253

Less: accumulated depreciation and amortization(1)
 
(7,792
)
(6,656
)
Total property and equipment, net
 
$
21,854

$
20,713



(1) Includes accumulated amortization for flight and ground equipment under capital leases in the amount of $657 million and $653 million at December 31, 2013 and 2012, respectively.
# 30
Entity Registrant Name DOW CHEMICAL CO /DE/
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
Property at December 31
In millions
 
Estimated Useful 
Lives (Years)

 
2013

 
2012

Land
 
—

 
$
907

 
$
916

Land and waterway improvements
 
15-25

 
1,404

 
1,377

Buildings
 
5-55

 
4,945

 
4,886

Machinery and equipment
 
3-20

 
39,971

 
39,828

Utility and supply lines
 
5-20

 
2,446

 
2,350

Other property
 
3-50

 
2,430

 
2,267

Construction in progress
 
—

 
3,011

 
2,742

Total property
 
 
 
$
55,114

 
$
54,366
# 31
Entity Registrant Name DUPONT E I DE NEMOURS & CO
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
December 31,
2013
2012
Buildings
$
5,283

$
5,490

Equipment
24,714

24,090

Land
671

691

Construction
1,763

1,555

          
$
32,431

$
31,826
# 32
Entity Registrant Name Express Scripts Holding Co.
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
Property and equipment of our continuing operations consists of the following:
 
December 31,
(in millions)
2013
 
2012
Land and buildings
$
215.8

 
$
216.4

Furniture
71.6

 
66.6

Equipment(1)
707.5

 
542.5

Computer software
1,582.3

 
1,321.3

Leasehold improvements
173.4

 
179.1

Total property and equipment
2,750.6

 
2,325.9

Less accumulated depreciation(1)
(1,091.7
)
 
(693.8
)
Property and equipment, net
$
1,658.9

 
$
1,632.1


(1) Includes gross assets of $58.1 million and accumulated depreciation of $5.5 million related to capital lease assets as of December 31, 2013.
# 33
Entity Registrant Name EXXON MOBIL CORP
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
   December 31, 2013 December 31, 2012
Property, Plant and Equipment Cost Net Cost Net
   (millions of dollars)
          
Upstream 336,359 197,554 313,181 181,795
Downstream 54,456 23,219 53,737 23,053
Chemical 29,487 13,965 29,437 14,085
Other 14,215 8,912 12,959 8,016
 Total 434,517 243,650 409,314 226,949
# 34
Entity Registrant Name Federal Express Corporation
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt PPE Components Presented on Balance Sheet
PPE Components Presented on Balance Sheet
# 35
Entity Registrant Name FEDERAL HOME LOAN MORTGAGE CORP
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt Does not have PPE on balance sheet
Does not have PPE on balance sheet
# 36
Entity Registrant Name FORD MOTOR CO
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
Net property was as follows (in millions):
Automotive Sector
December 31,
2013
 
December 31,
2012
Land
$
440

 
$
423

Buildings and land improvements
10,325

 
10,249

Machinery, equipment and other
34,830

 
35,040

Software
2,069

 
1,813

Construction in progress
2,110

 
1,783

Total land, plant and equipment and other
49,774

 
49,308

Accumulated depreciation
(31,476
)
 
(32,835
)
Net land, plant and equipment and other
18,298

 
16,473

Tooling, net of amortization
9,194

 
8,340

Total Automotive sector
27,492

 
24,813

Financial Services sector (a) 
124

 
129

Total Company
$
27,616

 
$
24,942

__________
(a)
Included in Financial Services other assets on our sector balance sheet.
# 37
Entity Registrant Name GENERAL DYNAMICS CORPORATION
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
The major classes of PP&E were as follows:
December 31
2012
 
2013
Machinery and equipment
$
3,966

 
$
4,156

Buildings and improvements
2,442

 
2,508

Land and improvements
340

 
337

Construction in process
255

 
247

Total PP&E
7,003

 
7,248

Accumulated depreciation
(3,600
)
 
(3,833
)
PP&E, net
$
3,403

 
$
3,415
# 38
Entity Registrant Name General Electric Company
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
 Depreciable      
 lives-new      
December 31 (Dollars in millions)(in years)  2013  2012
         
Original cost        
   GE        
   Land and improvements 8(a)$707 $612
   Buildings, structures and related equipment 8-40  8,910  8,361
   Machinery and equipment 4-20  25,323  24,090
   Leasehold costs and manufacturing plant under construction 1-10  3,309  2,815
     38,249  35,878
         
   GECC(b)        
   Land and improvements, buildings, structures and related equipment 1-35(a) 2,504  2,485
   Equipment leased to others        
      Aircraft 20  50,337  49,954
      Vehicles 1-20  14,656  15,952
      Railroad rolling stock 4-50  4,636  4,180
      Construction and manufacturing 1-30  2,916  3,055
      All other 7-27  3,518  3,427
     78,567  79,053
Eliminations    (347)  (363)
Total   $116,469 $114,568
         
Net carrying value        
   GE        
   Land and improvements   $671 $582
   Buildings, structures and related equipment    4,205  4,003
   Machinery and equipment    9,701  9,061
   Leasehold costs and manufacturing plant under construction    2,997  2,387
     17,574  16,033
   GECC(b)        
   Land and improvements, buildings, structures and related equipment    1,025  999
   Equipment leased to others        
      Aircraft(c)    34,938  36,231
      Vehicles    8,312  8,634
      Railroad rolling stock    3,129  2,744
      Construction and manufacturing    1,955  2,069
      All other    2,248  2,290
     51,607  52,967
Eliminations    (354)  (367)
Total   $68,827 $68,633
         
         
         

(a)       Depreciable lives exclude land.

(b)       Included $1,353 million and $1,466 million of original cost of assets leased to GE with accumulated amortization of $342 million and $451 million at December 31, 2013 and 2012, respectively.

(c)       The GECAS business of GE Capital recognized impairment losses of $732 million and $242 million in 2013 and 2012, respectively. These losses are recorded in the caption “Other costs and expenses” in the Statement of Earnings to reflect adjustments to fair value based on an evaluation of average current market values (obtained from third parties) of similar type and age aircraft, which are adjusted for the attributes of the specific aircraft under lease.

 
# 39
Entity Registrant Name GENERAL MOTORS COMPANY
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
The following table summarizes the components of Property, net (dollars in millions):
 
Estimated Useful Lives in Years
 
December 31, 2013
 
December 31, 2012
Land

 
$
1,868

 
$
2,107

Buildings and improvements
5-40
 
4,971

 
4,601

Machinery and equipment
3-27
 
15,222

 
12,720

Construction in progress

 
2,644

 
3,018

Real estate, plants and equipment
 
 
24,705

 
22,446

Less: accumulated depreciation
 
 
(6,787
)
 
(5,556
)
Real estate, plants and equipment, net
 
 
17,918

 
16,890

Special tools, net
1-15
 
7,949

 
7,306

Total property, net
 
 
$
25,867

 
$
24,196
# 40
Entity Registrant Name Google Inc.
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
Property and equipment consisted of the following (in millions):
 
 
As of December 31, 2012
 
As of December 31, 2013
Information technology assets
$
7,717

 
$
9,094

Land and buildings
6,257

 
7,488

Construction in progress
2,240

 
5,602

Leasehold improvements
1,409

 
1,576

Furniture and fixtures
74

 
77

Total
17,697

 
23,837

Less: accumulated depreciation and amortization
5,843

 
7,313

Property and equipment, net
$
11,854

 
$
16,524
# 41
Entity Registrant Name Halliburton Company
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
Property, plant, and equipment were composed of the following:
 
December 31
Millions of dollars
2013
2012
Land
$
213

$
145

Buildings and property improvements
2,685

1,861

Machinery, equipment, and other
17,904

16,307

Total
20,802

18,313

Less accumulated depreciation
9,480

8,056

Net property, plant, and equipment
$
11,322

$
10,257
# 42
Entity Registrant Name HCA HOLDINGS, INC.
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt PPE Components Presented on Balance Sheet
PPE Components Presented on Balance Sheet
# 43
Entity Registrant Name HESS CORP
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock

Property, plant and equipment at December 31 were as follows:

 

     2013      2012  
     (In millions)  

Exploration and Production

      

Unproved properties

    $ 2,460      $ 3,558  

Proved properties

      4,121        4,072  

Wells, equipment and related facilities

      37,274        35,385  
  

 

 

     

 

 

  
     43,855        43,015  

Retail Marketing, Corporate and Other

      2,095        2,538  
  

 

 

     

 

 

  

Total — at cost

      45,950        45,553  

Less: Reserves for depreciation, depletion, amortization and lease impairment

      17,179        16,746  
  

 

 

     

 

 

  

Property, plant and equipment — net

    $ 28,771      $ 28,807  
  

 

 

     

 

 
# 44
Entity Registrant Name HEWLETT PACKARD CO
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock

 

                                                                                                                                                                                    

 

 

As of October 31

 

 

 

2014

 

2013

 

 

 

In millions

 

Land

 

$
540

 

$
626

 

Buildings and leasehold improvements

 

 
9,048

 

 
8,942

 

Machinery and equipment, including equipment held for lease

 

 
16,664

 

 
16,565

 

 

 

 

 

 

 

 

 

 
26,252

 

 
26,133

 

 

 

 

 

 

 

Accumulated depreciation

 

 
(14,912

)

 
(14,670

)

 

 

 

 

 

 

 

 

$
11,340

 

$
11,463

 

 

 

 

 

 

 

 

 

 

 

 

 

 

# 45
Entity Registrant Name HOME DEPOT INC
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
Property and Equipment as of February 2, 2014 and February 3, 2013 consisted of the following (amounts in millions):
 
February 2,
2014
 
February 3,
2013
Property and Equipment, at cost:
 
 
 
Land
$
8,375

 
$
8,485

Buildings
17,950

 
17,981

Furniture, Fixtures and Equipment
10,107

 
9,338

Leasehold Improvements
1,388

 
1,382

Construction in Progress
548

 
647

Capital Leases
696

 
658

 
39,064

 
38,491

Less Accumulated Depreciation and Amortization
15,716

 
14,422

Net Property and Equipment
$
23,348

 
$
24,069
# 46
Entity Registrant Name Honeywell International Inc
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
  December 31,  
  2013 2012 
 Land and improvements $376 $367 
 Machinery and equipment  10,437  10,023 
 Buildings and improvements  3,157  3,045 
 Construction in progress  647  592 
   14,617  14,027 
 Less—Accumulated depreciation  (9,339)  (9,026) 
  $5,278 $5,001 
# 47
Entity Registrant Name HUMANA INC
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock

7. PROPERTY AND EQUIPMENT, NET

Property and equipment was comprised of the following at December 31, 2013 and 2012:

 

     2013     2012  
     (in millions)  

Land

    $ 20      $ 20   

Buildings and leasehold improvements

      693        620   

Equipment

      639        728   

Computer software

      1,396        1,145   
  

 

 

    

 

 

  
     2,748        2,513   

Accumulated depreciation

      (1,530 )      (1,415 ) 
  

 

 

    

 

 

  

Property and equipment, net

    $ 1,218      $ 1,098   
  

 

 

    

 

 

  

Depreciation expense was $309 million in 2013, $263 million in 2012, and $249 million in 2011, including amortization expense for capitalized internally developed and purchased software of $172 million in 2013, $151 million in 2012, and $139 million in 2011.
# 48
Entity Registrant Name INGRAM MICRO INC
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
Property and equipment consist of the following:
 
 
Fiscal Year End
 
2013
 
2012
Land
$
11,614

 
$
11,706

Buildings and leasehold improvements
190,604

 
186,934

Distribution equipment
286,902

 
278,064

Computer equipment and software
690,841

 
636,723

 
1,179,961

 
1,113,427

Accumulated depreciation
(691,262
)
 
(632,103
)
 
$
488,699

 
$
481,324
# 49
Entity Registrant Name Intel Corporation
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
Property, plant and equipment, net at the end of each period were as follows:
(In Millions)
 
Dec 28,
2013
 
Dec 29,
2012
Land and buildings
 
$
21,098

 
$
18,807

Machinery and equipment
 
40,540

 
39,033

Construction in progress
 
11,778

 
8,206

Total property, plant and equipment, gross
 
73,416

 
66,046

Less: accumulated depreciation
 
(41,988
)
 
(38,063
)
Total property, plant and equipment, net
 
$
31,428

 
$
27,983
# 50
Entity Registrant Name INTERNATIONAL BUSINESS MACHINES CORP
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
($ in millions)
At December 31:20132012
Land and land improvements$ 706$ 747
Buildings and building improvements 9,680 9,610
Plant, laboratory and office equipment 28,169 27,731
Plant and other property—gross 38,555 38,088
Less: Accumulated depreciation 25,576 25,234
Plant and other property—net 12,979 12,854
Rental machines 1,920 2,414
Less: Accumulated depreciation 1,078 1,271
Rental machines—net 842 1,142
Total—net$ 13,821$ 13,996
# 51
Entity Registrant Name INTERNATIONAL PAPER CO /NEW/
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
In millions at December 31
2013

2012

Pulp, paper and packaging facilities
 
 
Mills
$
22,105

$
23,625

Packaging plants
10,163

7,184

Other plants, properties and equipment
1,478

2,074

Gross cost
33,746

32,883

Less: Accumulated depreciation
20,074

18,934

Plants, properties and equipment, net
$
13,672

$
13,949
# 52
Entity Registrant Name JOHNSON & JOHNSON
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
At the end of 2013 and 2012, property, plant and equipment at cost and accumulated depreciation were:
(Dollars in Millions)
 
2013
 
2012
Land and land improvements
 
$
885

 
793

Buildings and building equipment
 
10,423

 
10,046

Machinery and equipment
 
22,527

 
21,075

Construction in progress
 
3,298

 
2,740

Total property, plant and equipment, gross
 
$
37,133

 
34,654

Less accumulated depreciation
 
20,423

 
18,557

Total property, plant and equipment, net
 
$
16,710

 
16,097
# 53
Entity Registrant Name JOHNSON CONTROLS INC
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
Property, plant and equipment consisted of the following (in millions):
 
September 30,
 
2014
 
2013
 
 
 
 
Buildings and improvements
$
3,254

 
$
3,046

Machinery and equipment
7,944

 
8,189

Construction in progress
1,151

 
1,441

Land
370

 
374

Total property, plant and equipment
12,719

 
13,050

Less: accumulated depreciation
(6,405
)
 
(6,465
)
Property, plant and equipment - net
$
6,314

 
$
6,585
# 54
Entity Registrant Name JPMORGAN CHASE & CO
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentDisclosureTextBlock
Premises and equipment
Premises and equipment, including leasehold improvements, are carried at cost less accumulated depreciation and amortization. JPMorgan Chase computes depreciation using the straight-line method over the estimated useful life of an asset. For leasehold improvements, the Firm uses the straight-line method computed over the lesser of the remaining term of the leased facility or the estimated useful life of the leased asset. JPMorgan Chase has recorded immaterial asset retirement obligations related to asbestos remediation in those cases where it has sufficient information to estimate the obligations’ fair value.
JPMorgan Chase capitalizes certain costs associated with the acquisition or development of internal-use software. Once the software is ready for its intended use, these costs are amortized on a straight-line basis over the software’s expected useful life and reviewed for impairment on an ongoing basis.
# 55
Entity Registrant Name KROGER CO
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock

 

 

 

2013

 

2012

 

Land

 

$

2,639

 

$

2,450

 

Buildings and land improvements

 

8,848

 

8,249

 

Equipment

 

11,037

 

10,267

 

Leasehold improvements

 

7,644

 

6,545

 

Construction-in-progress

 

1,520

 

1,239

 

Leased property under capital leases and financing obligations

 

691

 

593

 

 

 

 

 

 

 

Total property, plant and equipment

 

32,379

 

29,343

 

Accumulated depreciation and amortization

 

(15,486

)

(14,495

)

 

 

 

 

 

 

Property, plant and equipment, net

 

$

16,893

 

$

14,848

 
# 56
Entity Registrant Name LOCKHEED MARTIN CORP
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock

Property, plant, and equipment, net consisted of the following (in millions):

 

      2013        2012         

Land

    $ 99         $ 101          

Buildings

      5,602           5,388          

Machinery and equipment

      7,043           6,728          

Construction in progress

      622           768          
     13,366           12,985          

Less: accumulated depreciation and amortization

      (8,660 )         (8,310)         

Total property, plant, and equipment, net

    $     4,706         $     4,675          
# 57
Entity Registrant Name LOWES COMPANIES INC
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
Property is summarized by major class in the following table:
(In millions)
Estimated
Depreciable Lives, In Years

January 31, 2014

 
February 1, 2013

Cost:
 

 
 
 
Land
N/A

$
7,016

 
$
6,986

Buildings and building improvements
5-40

17,161

 
16,968

Equipment
3-15

10,063

 
9,780

Construction in progress
N/A

834

 
932

Total cost
 
 
35,074

 
34,666

Accumulated depreciation
 
 
(14,240
)
 
(13,189
)
Property, less accumulated depreciation
 
 
$
20,834

 
$
21,477
# 58
Entity Registrant Name Macy's, Inc.
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
 
February 1,
2014
 
February 2,
2013
 
(millions)
Land
$
1,696

 
$
1,736

Buildings on owned land
5,405

 
5,398

Buildings on leased land and leasehold improvements
2,041

 
2,057

Fixtures and equipment
4,811

 
4,909

Leased properties under capitalized leases
43

 
43

 
13,996

 
14,143

Less accumulated depreciation and amortization
6,066

 
5,947

 
$
7,930

 
$
8,196
# 59
Entity Registrant Name Marathon Petroleum Corp
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
(In millions)
Estimated
Useful Lives
 
December 31,
2013
 
2012
Refining & Marketing
 4 - 25 years
 
$
16,982

 
$
15,089

Speedway
 4 - 15 years
 
2,344

 
2,100

Pipeline Transportation
 16 - 42 years
 
1,921

 
1,747

Corporate and Other
 4 - 40 years
 
546

 
473

Total
 
 
21,793

 
19,409

Less accumulated depreciation
 
 
7,872

 
6,766

Property, plant and equipment, net
 
 
$
13,921

 
$
12,643
# 60
Entity Registrant Name MCDONALDS CORP
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
Net property and equipment consisted of:
In millions
December 31, 2013
 
 
2012

Land
 
$
5,849.3

 
$
5,612.6

Buildings and improvements
on owned land
 
14,715.6

 
14,089.0

Buildings and improvements
on leased land
 
13,825.2

 
12,970.8

Equipment, signs and
seating
 
5,376.8

 
5,241.0

Other
 
588.7

 
577.7

 
 
40,355.6

 
38,491.1

Accumulated depreciation
and amortization
 
(14,608.3
)
 
(13,813.9
)
Net property and equipment
 
$
25,747.3

 
$
24,677.2
# 61
Entity Registrant Name McKESSON CORPORATION
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
 
March 31,
(In millions)
2014
 
2013
Land
$
221

 
$
129

Building, machinery, equipment and other
3,180

 
2,400

Total property, plant and equipment
3,401

 
2,529

Accumulated depreciation
(1,179
)
 
(1,208
)
Property, plant and equipment, net
$
2,222

 
$
1,321
# 62
Entity Registrant Name Merck & Co. Inc.
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt PPE Components Presented on Balance Sheet
PPE Components Presented on Balance Sheet
# 63
Entity Registrant Name METLIFE INC
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt PPE Appears Immaterial
PPE Appears Immaterial
# 64
Entity Registrant Name MICROSOFT CORPORATION
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock

The components of property and equipment were as follows:

 

(In millions)  
June 30,    2014     2013  

Land

    $ 541      $ 525   

Buildings and improvements

      8,867        7,326   

Leasehold improvements

      3,560        2,946   

Computer equipment and software

      11,430        9,242   

Furniture and equipment

      3,406        2,465   
 

Total, at cost

         27,804           22,504   

Accumulated depreciation

      (14,793 )      (12,513 ) 
 

Total, net

    $ 13,011      $ 9,991   
    
 
# 65
Entity Registrant Name Mondelez International, Inc.
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock

Property, plant and equipment at December 31, 2013 and 2012 were:

 

                                     
     2013     2012  
     (in millions)  

Land and land improvements

    $ 617      $ 643   

Buildings and building improvements

      3,270        3,199   

Machinery and equipment

      12,351        11,992   

Construction in progress

      1,376        1,022   
  

 

 

    

 

 

  
     17,614        16,856   

Accumulated depreciation

      (7,367 )      (6,846 ) 
  

 

 

    

 

 

  

Property, plant and equipment, net

    $ 10,247      $ 10,010   
  

 

 

    

 

 

  
# 66
Entity Registrant Name MORGAN STANLEY
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt PPE Appears Immaterial
PPE Appears Immaterial
# 67
Entity Registrant Name NORTHROP GRUMMAN CORP /DE/
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
Major classes of property, plant and equipment and their useful lives are as follows:
 
 
 
 
December 31
Useful life in years, $ in millions
 
Useful Life
 
2013
 
2012
Land and land improvements
 
   Up to 40(1)
 

$ 373

 

$ 373

Buildings and improvements
 
Up to 45
 
1,450

 
1,421

Machinery and other equipment
 
Up to 20
 
4,243

 
4,233

Capitalized software costs
 
3-5
 
418

 
413

Leasehold improvements
 
Length of Lease(1)
 
659

 
593

Property, plant and equipment, at cost
 
 
 
7,143

 
7,033

Accumulated depreciation
 
 
 
(4,337
)
 
(4,146
)
Property, plant and equipment, net
 
 
 

$2,806

 

$2,887


(1)
Land is not a depreciable asset. Leasehold improvements are depreciated over the useful life of the asset if it is shorter than the length of the lease.
# 68
Entity Registrant Name PACCAR INC
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock

Property, plant and equipment include the following:

 

At December 31,

    USEFUL LIVES      2013     2012  

Land

       $ 238.5      $ 231.0   

Buildings and improvements

      10-40 years         1,024.9        960.1   

Machinery, equipment and production tooling

      3-12 years         3,345.8        2,678.6   

Construction in progress

         321.2        667.9   
     

 

 

    

 

 

  
        4,930.4        4,537.6   

Less allowance for depreciation

             (2,417.1 )      (2,224.7 ) 
     

 

 

    

 

 

  
      $ 2,513.3      $ 2,312.9   
     

 

 

    

 

 

  
# 69
Entity Registrant Name PEPSICO INC
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock

Average
Useful Life (Years)
 
2013

 
2012

 
2011

Property, plant and equipment, net

 
 
 

 

Land and improvements
10 – 34
 
$
1,883

 
$
1,890

 

Buildings and improvements
15 – 44
 
7,832

 
7,792

 

Machinery and equipment, including fleet and software
5 – 15
 
25,415

 
24,743

 

Construction in progress

 
1,831

 
1,737

 



 
36,961

 
36,162

 

Accumulated depreciation

 
(18,386
)
 
(17,026
)
 



 
$
18,575

 
$
19,136

 

Depreciation expense

 
$
2,472

 
$
2,489

 
$
2,476
# 70
Entity Registrant Name PFIZER INC
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
The following table provides the components of Property, plant and equipment:
 
 
Useful Lives

 
As of December 31,
(MILLIONS OF DOLLARS)
 
(Years)  

 
2013

 
2012

Land
 
—

 
$
557

 
$
566

Buildings
 
33-50   

 
10,055

 
10,643

Machinery and equipment
 
8-20   

 
10,050

 
9,939

Furniture, fixtures and other
 
3-12 1/2

 
3,914

 
3,860

Construction in progress
 
—

 
1,102

 
957

 
 
 
 
25,678

 
25,965

Less: Accumulated depreciation
 
 
 
13,281

 
12,752

Property, plant and equipment(a)
 
 
 
$
12,397

 
$
13,213

(a) 
The decrease in total property, plant and equipment is primarily due to depreciation, disposals, impairments and the impact of foreign exchange, partially offset by capital additions.
# 71
Entity Registrant Name Philip Morris International Inc.
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt PPE Components Presented on Balance Sheet
PPE Components Presented on Balance Sheet
# 72
Entity Registrant Name Phillips 66
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentDisclosureTextBlock
Properties, Plants and Equipment

Our investment in PP&E is recorded at cost. Investments in refining manufacturing facilities are generally depreciated on a straight-line basis over a 25-year life, and pipeline assets over a 45-year life. The company’s investment in PP&E, with the associated accumulated depreciation and amortization (Accum. D&A), at December 31 was:
 
 
Millions of Dollars
 
2013
 
2012
 
Gross
PP&E

 
Accum.
D&A

 
Net
PP&E

 
Gross
PP&E

 
Accum.
D&A

 
Net
PP&E

 
 
 
 
 
 
 
 
 
 
 
 
Midstream
$
2,792

 
1,104

 
1,688

 
2,460

 
1,016

 
1,444

Chemicals
—

 
—

 
—

 
—

 
—

 
—

Refining
19,264

 
6,718

 
12,546

 
17,989

 
5,913

 
12,076

Marketing and Specialties
1,395

 
749

 
646

 
2,437

 
1,057

 
1,380

Corporate and Other
975

 
457

 
518

 
880

 
415

 
465

Discontinued Operations*
—

 
—

 
—

 
63

 
21

 
42

 
$
24,426

 
9,028

 
15,398


23,829


8,422

 
15,407


* At December 31, 2013, net PP&E of $58 million associated with discontinued operations was classified as current assets.
# 73
Entity Registrant Name PROCTER & GAMBLE CO
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
The components of property, plant and equipment were as follows:
June 30
2014
  
2013
PROPERTY, PLANT AND EQUIPMENT
 
  
 
Buildings
$
8,022

  
$
7,829

Machinery and equipment
32,398

  
31,070

Land
893

 
878

Construction in progress
3,114

  
3,235

TOTAL PROPERTY, PLANT AND EQUIPMENT
44,427

 
43,012

Accumulated depreciation
(22,123
)
  
(21,346
)
PROPERTY, PLANT AND EQUIPMENT, NET
22,304

  
21,666
# 74
Entity Registrant Name PRUDENTIAL FINANCIAL INC
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt PPE Appears Immaterial
PPE Appears Immaterial
# 75
Entity Registrant Name PUBLIX SUPER MARKETS INC
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt PPE Components Presented on Balance Sheet
PPE Components Presented on Balance Sheet
# 76
Entity Registrant Name RAYTHEON CO/
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
Property, plant and equipment, net consisted of the following at December 31:
(In millions)
2013

 
2012

Land
$
104

 
$
104

Buildings and improvements
2,547

 
2,503

Machinery and equipment
3,605

 
3,533

Property, plant and equipment, gross
6,256

 
6,140

Accumulated depreciation and amortization
(4,319
)
 
(4,154
)
Total
$
1,937

 
$
1,986
# 77
Entity Registrant Name RITE AID CORP
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock

 

 
   2014   2013  

Land

   $ 233,098   $ 243,413  

Buildings

     753,633     753,952  

Leasehold improvements

     1,890,369     1,733,607  

Equipment

     2,194,339     2,079,372  

Construction in progress

     69,388     55,013  
           
​ ​ ​ ​ ​ ​ ​ ​

 

     5,140,827     4,865,357  

Accumulated depreciation

     (3,183,498 )   (2,969,707 )
           
​ ​ ​ ​ ​ ​ ​ ​

Property, plant and equipment, net

   $ 1,957,329   $ 1,895,650  
           
​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​
           
# 78
Entity Registrant Name SAFEWAY INC
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt PPE Components Presented on Balance Sheet
PPE Components Presented on Balance Sheet
# 79
Entity Registrant Name SEARS HOLDINGS CORP
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt PPE Components Presented on Balance Sheet
PPE Components Presented on Balance Sheet
# 80
Entity Registrant Name SPRINT CORP
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
The components of property, plant and equipment, and the related accumulated depreciation for the Predecessor and Successor periods were as follows:
 
Successor
 
 
Predecessor
 
December 31,
2013
 
 
December 31,
2012
 
(in millions)
Land
$
265

 
 
$
330

Network equipment, site costs and related software
13,524

 
 
37,692

Buildings and improvements
725

 
 
4,893

Non-network internal use software, office equipment and other
794

 
 
1,860

Construction in progress
2,677

 
 
3,123

Less: accumulated depreciation
(1,821
)
 
 
(34,291
)
Property, plant and equipment, net
$
16,164

 
 
$
13,607
# 81
Entity Registrant Name SUPERVALU INC
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock

Property, plant and equipment, net, consisted of the following:

 

     2014     2013  

Land

    $ 97      $ 100   

Buildings

      1,224        1,294   

Property under construction

      34        37   

Leasehold improvements

      693        688   

Equipment

      1,959        2,733   

Capitalized lease assets

      315        335   
  

 

 

    

 

 

  

Total property, plant and equipment

      4,322        5,187   

Accumulated depreciation

      (2,618 )      (3,277 ) 

Accumulated amortization on capitalized lease assets

      (207 )      (210 ) 
  

 

 

    

 

 

  

Total property, plant and equipment, net

    $ 1,497      $ 1,700   
  

 

 

    

 

 
# 82
Entity Registrant Name SYSCO CORP
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 28, 2014

 

June 29, 2013

 

Estimated Useful Lives

 

 

(In thousands)

 

 

Plant and equipment, at cost:

 

 

 

 

 

 

 

 

Land

 

$
431,694 

 

$
411,853 

 

 

Buildings and improvements

 

 
3,816,387 

 

 
3,656,846 

 

10-30 years

Fleet and equipment

 

 
2,726,415 

 

 
2,633,497 

 

3-10 years

Computer hardware and software

 

 
1,109,379 

 

 
1,054,260 

 

3-7 years

 

 

 
8,083,875 

 

 
7,756,456 

 

 

Accumulated depreciation

 

 
(4,098,257)

 

 
(3,778,385)

 

 

Net plant and equipment

 

$
3,985,618 

 

$
3,978,071 

 

 

 

# 83
Entity Registrant Name TARGET CORP
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
Estimated Useful Lives
Life (Years)
Buildings and improvements
8-39
Fixtures and equipment
2-15
Computer hardware and software
2-7
# 84
Entity Registrant Name TECH DATA CORP
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
 
 
 
 
 
 
 
Years
Buildings and improvements
 
 
 
 
 
15
-
39
Leasehold improvements
 
 
 
 
 
3
-
10
Furniture, fixtures and equipment
 
 
 
 
 
3
-
10
The Company's property and equipment consists of the following:
 
 
 
January 31, 
 
 
 
2014
 
2013
 
 
 
(In thousands)
Land
 
 
$
5,778

 
$
5,804

Buildings and leasehold improvements
 
 
84,362

 
82,607

Furniture, fixtures and equipment
 
 
323,266

 
348,694

Property and equipment
 
 
413,406

 
437,105

Less: accumulated depreciation
 
 
(335,775
)
 
(352,710
)
Property and equipment, net
 
 
$
77,631

 
$
84,395
# 85
Entity Registrant Name TEXAS INSTRUMENTS INC
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
Property, Plant and Equipment at Cost
 
 
Depreciable Lives
(Years)
 
December 31,
 
 
 
2013
 
2012
Land
 
—
 
$
175

 
$
189

Buildings and improvements
 
5 - 40
 
2,913

 
3,006

Machinery and equipment
 
3 - 10
 
3,468

 
3,696

Total
 
 
 
$
6,556

 
$
6,891
# 86
Entity Registrant Name TIME WARNER CABLE INC.
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock

The Company's property, plant and equipment and related accumulated depreciation as of December 31, 2013 and 2012 consisted of the following:

 

                    Estimated
              December 31, Useful
              2013 2012 Lives
 
              (in millions) (in years)
Land, buildings and improvements(a)$ 1,851 $ 1,778 1-20
Distribution systems(b)  23,119   21,141 3-25
Converters and modems  5,687   5,806 3-5
Capitalized software costs(c)  2,252   1,895 3-5
Vehicles and other equipment  2,286   2,214 3-10
Construction in progress  424   438   
Property, plant and equipment, gross  35,619   33,272   
Accumulated depreciation  (20,563)   (18,530)   
Property, plant and equipment, net$ 15,056 $ 14,742   

——————————

  • Land, buildings and improvements includes $173 million and $170 million related to land as of December 31, 2013 and 2012, respectively, which is not depreciated. The weighted-average useful life is approximately 17.38 years for buildings and improvements.
  • The weighted-average useful life is approximately 13.19 years for distribution systems.
  • Capitalized software costs reflect certain costs incurred for the development of internal use software, including costs associated with coding, software configuration, upgrades and enhancements. These costs, net of accumulated depreciation, totaled $801 million and $738 million as of December 31, 2013 and 2012, respectively. Depreciation of capitalized software costs was $270 million in 2013, $237 million in 2012 and $209 million in 2011.
# 87
Entity Registrant Name TIME WARNER INC.
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock

Property, plant and equipment, including capital leases, consist of (millions):

   December 31, Estimated
   2013 2012 Useful Lives
          
 Land(a) $ 506 $ 505   
 Buildings and improvements   2,918   2,851 7 to 30 years
 Capitalized software costs   1,990   1,869 3 to 7 years
 Furniture, fixtures and other equipment(b)   3,600   3,541 3 to 10 years
     9,014   8,766   
 Less accumulated depreciation   (5,189)   (4,824)   
 Total $ 3,825 $ 3,942   
 ____________         
           
(a) Land is not depreciated.         
(b) Includes $339 million and $396 million of construction in progress as of December 31, 2013 and 2012, respectively.
# 88
Entity Registrant Name TRAVELERS COMPANIES, INC.
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt PPE Appears Immaterial
PPE Appears Immaterial
# 89
Entity Registrant Name TWENTY-FIRST CENTURY FOX, INC.
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock

 

 

 

 

As of June 30,

 

 

Useful lives

 

2014

 

 

2013

 

 

 

 

(in millions)

 

Land

 

 

$

142

 

 

$

142

 

Buildings and leaseholds

3 to 40 years

 

 

1,373

 

 

 

1,307

 

Machinery and equipment

3 to 15 years

 

 

6,571

 

 

 

5,726

 

 

 

 

 

8,086

 

 

 

7,175

 

Less: accumulated depreciation and amortization

 

 

 

(5,300

)

 

 

(4,480

)

 

 

 

 

2,786

 

 

 

2,695

 

Construction in progress

 

 

 

145

 

 

 

134

 

Total property, plant and equipment, net

 

 

$

2,931

 

 

$

2,829

 

 
# 90
Entity Registrant Name TYSON FOODS INC
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
The following table reflects major categories of property, plant and equipment and accumulated depreciation at September 27, 2014, and September 28, 2013:
 
in millions
 
 
2014

 
2013

Land
$
126

 
$
100

Building and leasehold improvements
3,501

 
2,945

Machinery and equipment
6,144

 
5,504

Land improvements and other
276

 
417

Buildings and equipment under construction
334

 
236

 
10,381

 
9,202

Less accumulated depreciation
5,251

 
5,149

Net property, plant and equipment
$
5,130

 
$
4,053
# 91
Entity Registrant Name UNITED PARCEL SERVICE INC
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
Property, plant and equipment, including both owned assets as well as assets subject to capital leases, consists of the following as of December 31 (in millions):
 
2013
 
2012
Vehicles
$
6,762

 
$
6,344

Aircraft
15,772

 
15,164

Land
1,163

 
1,122

Buildings
3,260

 
3,138

Building and leasehold improvements
3,116

 
3,049

Plant equipment
7,221

 
7,010

Technology equipment
1,569

 
1,675

Equipment under operating leases
44

 
69

Construction-in-progress
244

 
470

 
39,151

 
38,041

Less: Accumulated depreciation and amortization
(21,190
)
 
(20,147
)
 
$
17,961

 
$
17,894
# 92
Entity Registrant Name UNITED TECHNOLOGIES CORP /DE/
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
(dollars in millions)
Estimated
Useful Lives

2013

2012
Land
 

$
434


$
433

Buildings and improvements
12-40 years

5,633


5,436

Machinery, tools and equipment
3-20 years

11,353


10,880

Other, including assets under construction
 

1,241


1,316

 
 

18,661


18,065

Accumulated depreciation
 

(9,795
)

(9,547
)
 
 

$
8,866


$
8,518
# 93
Entity Registrant Name UNITEDHEALTH GROUP INC
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
The Company calculates depreciation and amortization using the straight-line method over the estimated useful lives of the assets. The useful lives for property, equipment and capitalized software are:
Furniture, fixtures and equipment
3 to 7 years
Buildings
35 to 40 years
Leasehold improvements
7 years or length of lease term, whichever is shorter
Capitalized software
3 to 5 years
A summary of property, equipment and capitalized software is as follows:
(in millions)
 
December 31, 2013
 
December 31, 2012
Land and improvements
 
$
318

 
$
358

Buildings and improvements
 
2,051

 
1,910

Computer equipment
 
1,519

 
1,447

Furniture and fixtures
 
564

 
488

Less accumulated depreciation
 
(1,760
)
 
(1,542
)
Property and equipment, net
 
2,692

 
2,661

Capitalized software
 
2,233

 
2,300

Less accumulated amortization
 
(915
)
 
(1,022
)
Capitalized software, net
 
1,318

 
1,278

Total property, equipment and capitalized software, net
 
$
4,010

 
$
3,939
# 94
Entity Registrant Name VALERO ENERGY CORP/TX
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
Major classes of property, plant, and equipment, which include capital lease assets, consisted of the following (in millions):
 
 
December 31,
 
 
2013
 
2012
Land
 
$
404

 
$
802

Crude oil processing facilities
 
27,260

 
24,865

Pipeline and terminal facilities
 
1,513

 
1,471

Grain processing equipment
 
719

 
694

Retail facilities
 
—

 
1,480

Administrative buildings
 
800

 
734

Other
 
2,109

 
1,457

Construction in progress
 
1,128

 
2,629

Property, plant, and equipment, at cost
 
33,933

 
34,132

Accumulated depreciation
 
(8,226
)
 
(7,832
)
Property, plant, and equipment, net
 
$
25,707

 
$
26,300
# 95
Entity Registrant Name VERIZON COMMUNICATIONS INC
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock

The following table displays the details of Plant, property and equipment, which is stated at cost:

 

          (dollars in millions)  
At December 31,    Lives (years)    2013      2012  

Land

    –    $ 819      $ 859  

Buildings and equipment

    15-45      23,857        22,909  

Central office and other network equipment

    3-15      121,594        113,262  

Cable, poles and conduit

    11-50      55,240        53,761  

Leasehold improvements

    5-20      5,877        5,404  

Work in progress

    –      4,176        4,126  

Furniture, vehicles and other

    3-20      9,302        9,254  
     

 

 

  
        220,865        209,575  

Less accumulated depreciation

         131,909        120,933  
     

 

 

  

Total

       $ 88,956      $ 88,642  
     

 

 

  
# 96
Entity Registrant Name WAL MART STORES INC
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
The following table summarizes the Company's property and equipment balances and includes the estimated useful lives that are generally used to depreciate the assets on a straight-line basis:
 
 
 
 
Fiscal Years Ended January 31,
(Amounts in millions)
 
Estimated Useful Lives
 
2014
 
2013
Land
 
N/A
 
$
26,184

 
$
25,612

Buildings and improvements
 
3-40 years
 
95,488

 
90,686

Fixtures and equipment
 
3-25 years
 
42,971

 
40,903

Transportation equipment
 
3-15 years
 
2,785

 
2,796

Construction in progress
 
N/A
 
5,661

 
5,828

Property and equipment
 
 
 
$
173,089

 
$
165,825

Accumulated depreciation
 
 
 
(57,725
)
 
(51,896
)
Property and equipment, net
 
 
 
$
115,364

 
$
113,929
# 97
Entity Registrant Name WALGREEN CO
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
Depreciation is provided on a straight-line basis over the estimated useful lives of owned assets. Leasehold improvements and leased properties under capital leases are amortized over the estimated useful life of the property or over the term of the lease, whichever is shorter. Estimated useful lives range from 10 to 39 years for land improvements, buildings and building improvements; and 2 to 13 years for equipment. Major repairs, which extend the useful life of an asset, are capitalized; routine maintenance and repairs are charged against earnings. The majority of the business uses the composite method of depreciation for equipment. Therefore, gains and losses on retirement or other disposition of such assets are included in earnings only when an operating location is closed, completely remodeled or impaired. Fully depreciated property and equipment are removed from the cost and related accumulated depreciation and amortization accounts. Property and equipment consists of (in millions):

 
2014
 
2013
Land and land improvements
 
 
 
Owned locations
$
3,059
 
$
3,203
Distribution centers
 
93
 
 
97
Other locations
 
266
 
 
219
Buildings and building improvements
 
 
 
 
 
Owned locations
 
3,927
 
 
3,805
Leased locations (leasehold improvements only)
 
2,041
 
 
1,811
Distribution centers
 
582
 
 
620
Other locations
 
351
 
 
351
Equipment
 
 
 
 
 
Locations
 
5,454
 
 
5,334
Distribution centers
 
1,170
 
 
1,190
Other locations
 
935
 
 
755
Capitalized system development costs
 
688
 
 
581
Capital lease properties
 
530
 
 
215
 
 
19,096
 
 
18,181
Less: accumulated depreciation and amortization
 
6,839
 
 
6,043
 
$
12,257
 
$
12,138
# 98
Entity Registrant Name WALT DISNEY CO/
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
Depreciation is computed on the straight-line method over estimated useful lives as follows: 
Attractions
  
25 – 40 years
Buildings and improvements
  
20 – 40 years
Leasehold improvements
  
Life of lease or asset life if less
Land improvements
  
20 – 40 years
Furniture, fixtures and equipment
  
3 – 25 years
# 99
Entity Registrant Name WellPoint, Inc.
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
A summary of property and equipment at December 31 is as follows:
 
2013
 
2012
Land and improvements
$
35.4

 
$
45.9

Building and components
384.0

 
406.0

Data processing equipment, furniture and other equipment
861.5

 
783.3

Computer software, purchased and internally developed
1,879.0

 
1,656.5

Leasehold improvements
325.1

 
303.1

Property and equipment, gross
3,485.0

 
3,194.8

Accumulated depreciation and amortization
(1,683.5
)
 
(1,477.5
)
Property and equipment, net
$
1,801.5

 
$
1,717.3
# 100
Entity Registrant Name WELLS FARGO & COMPANY/MN
Level 4 (Note level) Text Block concept - Maturities of Long Term Debt us-gaap:PropertyPlantAndEquipmentTextBlock
        
      December 31,
(in millions)  2013 2012
Land$ 1,759 1,832
Buildings  7,931 7,670
Furniture and equipment  7,517 7,194
Leasehold improvements  1,939 1,839
Premises and equipment leased   
 under capital leases  82 122
  Total premises and equipment  19,228 18,657
Less: Accumulated depreciation   
 and amortization  10,072 9,229
   Net book value,   
    premises and equipment$ 9,156 9,428
        

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