Property, Plant and Equipment

3 Months Ended

Nov. 29, 2012



As of	November 29, 2012			August 30, 2012
Land	$	93		$	92
Buildings	4,759			4,714
Equipment	16,051			15,653
Construction in progress	70			43
Software	324			323
	21,297			20,825
Accumulated depreciation	(14,098		)	(13,722		)
	$	7,199		$	7,103

Depreciation expense was $437 million and $542 million for the first quarters of 2013 and 2012, respectively. Other noncurrent assets included buildings, equipment, and other assets classified as held for sale of $25 million as of November 29, 2012 and $25 million as of August 30, 2012.

- 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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