Plant, Property and Equipment, Net

6 Months Ended

Jun. 30, 2011

Plant, Property and Equipment, Net [Abstract]

NOTE 11
PLANT, PROPERTY AND EQUIPMENT, NET


	June 30,
	2011			December 31, 2010
Land and improvements	$	61		$	59
Buildings and improvements		711			642
Machinery and equipment		1,936			1,809
Equipment held for lease or rental		149			132
Furniture, fixtures and office equipment		243			231
Construction work in progress		133			160
Other		39			29

Plant, property and equipment, gross		3,272			3,062
Less – accumulated depreciation		(2,030	)		(1,857	)

Plant, property and equipment, net	$	1,242		$	1,205

Depreciation expense of $60 and $116 was recognized in the three and six month periods ended June 30, 2011, respectively, and $44 and $88 for the three and six month periods ended June 30, 2010, 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.

+ References+ Details