Note 7 – Property, Plant, and Equipment, net
Property, plant, and equipment, net consisted of the following (in millions):
| 2013 | 2012 | |||||||
|
Land |
$ | 99 | $ | 101 | ||||
|
Buildings |
5,602 | 5,388 | ||||||
|
Machinery and equipment |
7,043 | 6,728 | ||||||
|
Construction in progress |
622 | 768 | ||||||
| 13,366 | 12,985 | |||||||
|
Less: accumulated depreciation and amortization |
(8,660 | ) | (8,310) | |||||
|
Total property, plant, and equipment, net |
$ | 4,706 | $ | 4,675 | ||||