XML 34 R13.htm IDEA: XBRL DOCUMENT

Fixed Assets

9 Months Ended

Sep. 30, 2011

6. Fixed Assets

A summary of fixed assets follows:


	(Stated in millions)
	Sept. 30,		Dec. 31,
	2011		2010
Property, plant & equipment	$	28,960	$	27,212
Less: Accumulated depreciation		16,377		15,141

	$	12,583	$	12,071

Depreciation expense relating to fixed assets was as follows:


	(Stated in millions)
	2011		2010
Third Quarter	$	689	$	603
Nine Months	$	2,019	$	1,708

- 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