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Property, Plant and Equipment and Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2016
Property, Plant And Equipment And Intangible Assets [Abstract]  
Property, Plant and Equipment
A summary of our property, plant and equipment is as follows:

Average
Useful Life (Years)
 
2016

 
2015

 
2014

Property, plant and equipment, net
 
 
 
 
 
 
 
Land

 
$
1,153

 
$
1,184

 
 
Buildings and improvements
15 - 44
 
8,306

 
8,061

 
 
Machinery and equipment, including fleet and software
5 - 15
 
25,277

 
24,764

 
 
Construction in progress

 
2,082

 
1,738

 
 


 
36,818

 
35,747

 
 
Accumulated depreciation

 
(20,227
)
 
(19,430
)
 
 


 
$
16,591

 
$
16,317

 
 
Depreciation expense

 
$
2,217

 
$
2,248

 
$
2,441
Amortizable Intangible Assets, Net
Property, plant and equipment is recorded at historical cost. Depreciation and amortization are recognized on a straight-line basis over an asset’s estimated useful life. Land is not depreciated and construction in progress is not depreciated until ready for service.
A summary of our amortizable intangible assets is as follows:

 
 
2016
 
2015
 
2014
Amortizable intangible assets, net
Average
Useful Life (Years)
 
Gross
 
Accumulated
Amortization
 
Net
 
Gross
 
Accumulated
Amortization
 
Net
 

Acquired franchise rights
56 – 60
 
$
827

 
$
(108
)
 
$
719

 
$
820

 
$
(92
)
 
$
728

 

Reacquired franchise rights
5 – 14
 
106

 
(102
)
 
4

 
105

 
(99
)
 
6

 

Brands
20 – 40
 
1,277

 
(977
)
 
300

 
1,298

 
(987
)
 
311

 

Other identifiable intangibles
10 – 24
 
522

 
(308
)
 
214

 
526

 
(301
)
 
225

 



 
$
2,732

 
$
(1,495
)
 
$
1,237

 
$
2,749

 
$
(1,479
)
 
$
1,270

 

Amortization expense

 

 

 
$
70

 

 

 
$
75

 
$
92
Future Amortization of Intangible Assets
Amortization of intangible assets for each of the next five years, based on existing intangible assets as of December 31, 2016 and using average 2016 foreign exchange rates, is expected to be as follows:
 
 
2017


2018


2019

 
2020

 
2021

Five-year projected amortization
 
$
62

 
$
60

 
$
57

 
$
57

 
$
55
Change in Book Value of Nonamortizable Intangible Assets
The change in the book value of nonamortizable intangible assets is as follows:

Balance,
Beginning
2015
 
Translation
and Other
 
Balance,
End of
2015
 
Translation
and Other
 
Balance,
End of
2016
FLNA

 

 

 

 

Goodwill
$
291

 
$
(24
)
 
$
267

 
$
3

 
$
270

Brands
27

 
(5
)
 
22

 
1

 
23


318

 
(29
)
 
289

 
4

 
293

QFNA

 

 

 

 

Goodwill
175

 
—

 
175

 
—

 
175

 
 
 
 
 
 
 
 
 
 
NAB

 

 

 

 

Goodwill (a)
9,846

 
(92
)
 
9,754

 
89

 
9,843

Reacquired franchise rights
7,193

 
(151
)
 
7,042

 
22

 
7,064

Acquired franchise rights
1,538

 
(31
)
 
1,507

 
5

 
1,512

Brands (a)
108

 
—

 
108

 
206

 
314


18,685

 
(274
)
 
18,411

 
322

 
18,733

Latin America

 

 

 

 

Goodwill
644

 
(123
)
 
521

 
32

 
553

Brands (b)
223

 
(86
)
 
137

 
13

 
150


867


(209
)
 
658

 
45

 
703

ESSA (c)

 

 

 

 

Goodwill
3,539

 
(497
)
 
3,042

 
135

 
3,177

Reacquired franchise rights
571

 
(83
)
 
488

 
—

 
488

Acquired franchise rights
199

 
(9
)
 
190

 
(6
)
 
184

Brands
2,663

 
(451
)
 
2,212

 
146

 
2,358


6,972

 
(1,040
)
 
5,932

 
275

 
6,207

AMENA
 
 

 
 
 

 
 
Goodwill
470

 
(52
)
 
418

 
(6
)
 
412

Brands
117

 
(12
)
 
105

 
(2
)
 
103


587

 
(64
)
 
523

 
(8
)
 
515

 
 
 
 
 
 
 
 
 
 
Total goodwill
14,965

 
(788
)
 
14,177

 
253

 
14,430

Total reacquired franchise rights
7,764

 
(234
)
 
7,530

 
22

 
7,552

Total acquired franchise rights
1,737

 
(40
)
 
1,697

 
(1
)
 
1,696

Total brands
3,138

 
(554
)
 
2,584

 
364

 
2,948


$
27,604

 
$
(1,616
)
 
$
25,988

 
$
638

 
$
26,626



(a)
The change in 2016 is primarily related to our acquisition of KeVita, Inc.
(b)
The change in 2015 includes a reduction of $41 million of nonamortizable brands arising from the Venezuela deconsolidation.
(c)
The change in 2016 and 2015 primarily reflects the currency fluctuation of the Russian ruble.