A summary of property and equipment at October 31 in millions of dollars follows:
|
|
|
Useful Lives* |
|
|
|
|
|
|
|
|
|
|
(Years) |
|
2016 |
|
2015 |
|
||
|
Equipment Operations |
|
|
|
|
|
|
|
|
|
|
Land |
|
|
|
$ |
119 |
|
$ |
114 |
|
|
Buildings and building equipment |
|
23 |
|
|
3,230 |
|
|
3,016 |
|
|
Machinery and equipment |
|
11 |
|
|
5,180 |
|
|
5,055 |
|
|
Dies, patterns, tools, etc. |
|
8 |
|
|
1,604 |
|
|
1,567 |
|
|
All other |
|
5 |
|
|
893 |
|
|
875 |
|
|
Construction in progress |
|
|
|
|
370 |
|
|
345 |
|
|
Total at cost |
|
|
|
|
11,396 |
|
|
10,972 |
|
|
Less accumulated depreciation |
|
|
|
|
6,277 |
|
|
5,846 |
|
|
Total |
|
|
|
|
5,119 |
|
|
5,126 |
|
|
Financial Services |
|
|
|
|
|
|
|
|
|
|
Land |
|
|
|
|
4 |
|
|
4 |
|
|
Buildings and building equipment |
|
26 |
|
|
73 |
|
|
73 |
|
|
All other |
|
6 |
|
|
36 |
|
|
36 |
|
|
Total at cost |
|
|
|
|
113 |
|
|
113 |
|
|
Less accumulated depreciation |
|
|
|
|
61 |
|
|
58 |
|
|
Total |
|
|
|
|
52 |
|
|
55 |
|
|
Property and equipment – net |
|
|
|
$ |
5,171 |
|
$ |
5,181 |
|
* Weighted-averages