Property, Plant and Equipment

3 Months Ended

Mar. 31, 2014

Property, Plant and Equipment [Abstract]



(in millions)	March 31, 2014		December 31, 2013
Land, buildings and improvements	$	256	$	263
Machinery and equipment	686		685
Equipment held for lease or rental	197		192
Furniture and fixtures	94		93
Construction work in progress	50		49
Other	22		22
Total property, plant and equipment, gross	1,305		1,304
Less accumulated depreciation	829		816
Total property, plant and equipment, net	$	476	$	488

Depreciation expense of $23 million and $25 million was recognized in the three months ended March 31, 2014 and 2013, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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