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Property, Plant and Equipment, net
 12 Months Ended
Dec. 31, 2015
Property, Plant and Equipment, net

Note 8 – Property, Plant and Equipment, net

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

 

      2015        2014         

Land

    $ 123         $ 99          

Buildings

      6,128           5,723          

Machinery and equipment

      7,409           7,031          

Construction in progress

      887           636          
     14,547           13,489          

Less: accumulated depreciation and amortization

      (9,057 )         (8,738)         

Total property, plant and equipment, net

    $ 5,490         $ 4,751