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Property, Plant and Equipment, net
12 Months Ended
Dec. 31, 2016
Property, Plant and Equipment, net

Note 8 – Property, Plant and Equipment, net

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

 

      2016        2015         

Land

   $ 127         $ 112          

Buildings

     6,385           6,007          

Machinery and equipment

     7,389           7,261          

Construction in progress

     976           886          

Total property, plant and equipment

     14,877           14,266          

Less: accumulated depreciation and amortization

     (9,328        (8,877)         

Total property, plant and equipment, net

   $ 5,549         $ 5,389