Property, Plant and Equipment, Net

9 Months Ended

Sep. 30, 2012

Property, Plant and Equipment, Net [Abstract]

Property, Plant and Equipment Disclosure [Text Block]


(3)	Property, Plant and Equipment, Net

Property, plant and equipment, net consists of the following (in millions):



		As of
		September 30,			December 31,
	Depreciable Life	2012			2011

Property, plant and equipment	5-80 years	$	23,709		$	23,055
Accumulated depreciation and amortization		(7,146		)	(6,888		)
Net property, plant and equipment		16,563			16,167
Construction work-in-progress		1,309			1,207
Total property, plant and equipment, net		$	17,872		$	17,374

- 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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