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Plant and Equipment, Net
12 Months Ended
Dec. 31, 2013
Plant and Equipment, Net

5.    Plant and Equipment, Net

Plant and equipment is stated at historical cost and consisted of the following:

 

     December 31,  
     2013     2012  
     (In millions)  

Land

   $ 3     $ 3  

Buildings

     104        95  

Equipment

     684        657  
  

 

 

   

 

 

 

Total

     791        755  

Accumulated depreciation

     (475 )      (457 ) 
  

 

 

   

 

 

 

Plant and equipment, net

   $ 316      $ 298  
  

 

 

   

 

 

 

Depreciation expense was $44 million, $39 million, and $37 million for 2013, 2012, and 2011, respectively.