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Property, Plant and Equipment
12 Months Ended
Dec. 31, 2015
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

8. Property, Plant and Equipment

The table below presents the components of Property, Plant and Equipment.

 

                 December 31,               
             2015                      2014          
     (in millions)  

Land

     $ 60            $ 62      

Buildings and improvements

     431            420      

Machinery, equipment, furniture and fixtures

     1,736            1,670      

Leasehold improvements

     343            309      
  

 

 

    

 

 

 

Gross property, plant and equipment

     2,570            2,461      

Accumulated depreciation and amortization

     (1,473)           (1,400)     
  

 

 

    

 

 

 

Property, plant and equipment, net

     $         1,097             $         1,061