XML 72 R13.htm IDEA: XBRL DOCUMENT

Note 6: Fixed Assets

12 Months Ended

Dec. 31, 2011

Notes to Consolidated Financial Statements [Abstract]

(Dollars in millions)	Estimated Useful Lives	2011		2010
Land		$	335	$	342
Buildings and improvements	12-40 years		4,885		4,908
Machinery, tools and equipment	3-20 years		9,994		10,010
Other, including under construction			766		654

			15,980		15,914
Accumulated depreciation			(9,779)		(9,634)

		$	6,201	$	6,280

Depreciation expense was $890 million in 2011, $900 million in 2010 and $852 million in 2009.

- 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.

+ References+ Details