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Property, plant and equipment
 12 Months Ended
Dec. 31, 2018
Property, Plant and Equipment [Abstract]  
Property, plant and equipment
Property, plant and equipment
 
 
 
 
 
December 31,
(Millions of dollars)
 
Useful
Lives (Years)
 
2018
 
2017
Land
 
—
 
$
671

 
$
664

Buildings and land improvements
 
20-45
 
6,977

 
7,515

Machinery, equipment and other
 
2-10
 
13,733

 
14,888

Software
 
3-7
 
1,703

 
1,745

Equipment leased to others
 
1-7
 
6,015

 
6,038

Construction-in-process
 
—
 
682

 
688

Total property, plant and equipment, at cost
 
 
 
29,781

 
31,538

Less: Accumulated depreciation
 
 
 
(16,207
)
 
(17,383
)
Property, plant and equipment–net
 
 
 
$
13,574

 
$
14,155

 
 
 
 
 
 
 
 
We had commitments for the purchase or construction of capital assets of approximately $124 million at December 31, 2018.

Assets recorded under capital leases: 1
 
 
 
 
December 31,
(Millions of dollars)
 
2018
 
2017
Gross capital leases 2 
 
$
129

 
$
96

Less: Accumulated depreciation
 
(27
)
 
(19
)
Net capital leases
 
$
102

 
$
77

 
1 
Included in Property, plant and equipment table above.
2 
Consists primarily of machinery and equipment.
 
 
 
 
 

 
At December 31, 2018, scheduled minimum rental payments on assets recorded under capital leases were:
 
(Millions of dollars)
2019
 
2020
 
2021
 
2022
 
2023
 
Thereafter
$
8

 
$
9

 
$
29

 
$
9

 
$
7

 
$
32

 
Equipment leased to others (primarily by Cat Financial):
 
 
 
 
 
 
December 31,
(Millions of dollars)
 
2018
 
2017
Equipment leased to others–at original cost
 
$
6,015

 
$
6,038

Less: Accumulated depreciation
 
(1,744
)
 
(1,656
)
Equipment leased to others–net
 
$
4,271

 
$
4,382

 
 
 
 
 
 
At December 31, 2018, scheduled minimum rental payments to be received for equipment leased to others were:
 
(Millions of dollars)
2019
 
2020
 
2021
 
2022
 
2023
 
Thereafter
$
896

 
$
574

 
$
314

 
$
158

 
$
71

 
$
69