Property, Plant and Equipment, Net

12 Months Ended

Jan. 04, 2020

Property, Plant and Equipment, Net

Property, Plant and Equipment, Net

Note 6. Property, Plant and Equipment, Net

Our Manufacturing group’s property, plant and equipment, net is composed of the following:

	Useful Lives	January 4,		December 29,
(Dollars in millions)	(in years)	2020		2018
Land, buildings and improvements	3-40	$	1,991	$	1,927
Machinery and equipment	2-20		4,941		4,891
			6,932		6,818
Accumulated depreciation and amortization			(4,405)		(4,203)
Total		$	2,527	$	2,615

The Manufacturing group’s depreciation expense, which included amortization expense on finance leases, totaled $346 million, $358 million and $362 million in 2019, 2018 and 2017, respectively.