Property, plant and equipment and assets held for lease (Tables)

9 Months Ended

Sep. 30, 2018

A summary of depreciation expense for the first nine months of 2018 and 2017 follows (in millions).


	First Nine Months
	2018		2017
Insurance and other	$	1,954	$	1,636
Railroad, utilities and energy		3,678		3,604
Finance and financial products		485		487

	$	6,117	$	5,727

Insurance and Other [Member]

Schedule of property, plant and equipment

A summary of property, plant and equipment of our insurance and other businesses follows (in millions).


	September 30, 2018		December 31, 2017
Land	$	2,272	$	2,292
Buildings and improvements		9,034		8,810
Machinery and equipment		28,594		21,935
Furniture, fixtures and other		4,972		4,387

		44,872		37,424
Accumulated depreciation		(20,515)		(17,320)

	$	24,357	$	20,104

Finance and Financial Products [Member]

Schedule of property, plant and equipment

Assets held for lease and property, plant and equipment of our finance and financial products businesses are summarized below (in millions). Assets held for lease include railcars, intermodal tank containers, cranes, over-the-road trailers, storage units and furniture.


	September 30, 2018		December 31, 2017
Assets held for lease	$	12,736	$	12,318
Land		240		231
Buildings, machinery and other		1,527		1,444

		14,503		13,993
Accumulated depreciation		(4,230)		(4,062)

	$	10,273	$	9,931

Railroad, Utilities and Energy [Member]

Schedule of property, plant and equipment

A summary of property, plant and equipment of our railroad and our utilities and energy businesses follows (in millions). The utility generation, transmission and distribution systems and interstate natural gas pipeline assets are owned by regulated public utility and natural gas pipeline subsidiaries.


	September 30, 2018		December 31, 2017
Railroad:
Land, track structure and other roadway	$	58,755	$	57,408
Locomotives, freight cars and other equipment		12,731		12,543
Construction in progress		910		989

		72,396		70,940
Accumulated depreciation		(9,596)		(8,627)

		62,800		62,313

Utilities and energy:
Utility generation, transmission and distribution systems		75,751		74,660
Interstate natural gas pipeline assets		7,295		7,176
Independent power plants and other assets		8,156		7,499
Construction in progress		3,724		2,556

		94,926		91,891
Accumulated depreciation		(27,339)		(26,020)

		67,587		65,871

	$	130,387	$	128,184