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Property, Plant and Equipment, Net
12 Months Ended
Dec. 31, 2016
Property, Plant and Equipment, Net [Abstract]  
Property, Plant and Equipment, Net
Property, Plant and Equipment, Net
 
As of December 31,
 
2016
 
2015
 
(In $ millions)
Land
38

 
39

Land improvements
70

 
60

Buildings and building improvements
695

 
679

Machinery and equipment
4,753

 
4,609

Construction in progress
260

 
261

Gross asset value
5,816

 
5,648

Accumulated depreciation
(2,239
)
 
(2,039
)
Net book value
3,577

 
3,609


Assets under capital leases, net, included in the amounts above are as follows:
 
As of December 31,
 
2016
 
2015
 
(In $ millions)
Buildings
13

 
13

Machinery and equipment
291

 
289

Accumulated depreciation
(149
)
 
(138
)
Net book value
155

 
164


Capitalized interest costs and depreciation expense are as follows:
 
Year Ended December 31,
 
2016
 
2015
 
2014
 
(In $ millions)
Capitalized interest
5

 
15

 
16

Depreciation expense
281

 
346

 
272


During 2016 and 2015, certain long-lived assets were impaired (Note 18). No long-lived assets were impaired during 2014.