REAL ESTATE IN PROCESS OF DEVELOPMENT AND FOR SALE

12 Months Ended

Dec. 31, 2013

Inventory, Operative Builders [Abstract]

REAL ESTATE IN PROCESS OF DEVELOPMENT AND FOR SALE

REAL ESTATE IN PROCESS OF DEVELOPMENT AND FOR SALE

Carrying Value of Our Real Estate in Process of Development and for Sale

DOLLAR AMOUNTS IN MILLIONS
	DECEMBER 31, 2013		DECEMBER 31, 2012
Dwelling units	$	365	$	252
Residential lots	478		433
Commercial acreage, acreage for sale, and other	8		10
Total	$	851	$	695

HOW WE ACCOUNT FOR OUR REAL ESTATE IN PROCESS OF DEVELOPMENT AND FOR SALE

Real estate in process of development and for sale is stated at cost unless events and circumstances trigger an impairment. More information about real estate asset impairments can be found in Note 20: Charges for Restructuring, Closures and Asset Impairments.