Property, Plant and Equipment

12 Months Ended

Dec. 31, 2011

Property, Plant and Equipment [Abstract]



	2011									2010
(In millions)	Owned			Capital Leases			Total			Owned			Capital Leases			Total
Property, plant and equipment, at cost:
Land	$	411		$	1		$	412		$	402		$	1		$	403
Buildings	1,954			37			1,991			1,821			36			1,857
Machinery and equipment	11,517			61			11,578			11,555			47			11,602
Construction in progress	849			—			849			947			—			947
	14,731			99			14,830			14,725			84			14,809
Accumulated depreciation	(8,578		)	(51		)	(8,629		)	(8,760		)	(47		)	(8,807		)
	6,153			48			6,201			5,965			37			6,002
Spare parts	174			—			174			163			—			163
	$	6,327		$	48		$	6,375		$	6,128		$	37		$	6,165

The range of useful lives of property used in arriving at the annual amount of depreciation provided are as follows: buildings and improvements, 5 to 45 years; machinery and equipment, 3 to 30 years.

- 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.

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