Property, plant and equipment

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment Disclosure [Abstract]

Property, Plant and Equipment Disclosure


7.	PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment are summarized as follows (in millions):



	December 31,
	2014			2013
Property, plant and equipment, net:
Buildings and improvements (including leasehold improvements)	$	997		$	835
Laboratory and manufacturing equipment	327			250
Office and computer equipment	305			258
Construction in progress	411			129
Subtotal	2,040			1,472
Less accumulated depreciation and amortization (including $2 for 2014 and 2013 relating to capitalized leased equipment)	(620		)	(502		)
Subtotal	1,420			970
Land	254			196
Total	$	1,674		$	1,166

- 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.

+ References+ Details