VERIZON COMMUNICATIONS INC | 2013 | FY | 3


Note 4

Plant, Property and Equipment

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  
     

 

 

 

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