PROPERTY, PLANT AND EQUIPMENT

3 Months Ended

Mar. 31, 2013

5) PROPERTY, PLANT AND EQUIPMENT

	March 31,		December 31,
(In millions)	2013		2012
Land and improvements	$	71	$	72
Buildings and improvements	222		223
Machinery and equipment	1,217		1,221
Information systems equipment	190		189
Furniture, fixtures and other	30		30
Construction in progress	140		111
	1,870		1,846
Less: accumulated depreciation	1,136		1,127
	$	734	$	719

Depreciation expense from continuing operations was $23 million and $21 million for the quarters ended March 31, 2013 and 2012, respectively.

- 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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