The cost and accumulated depreciation of property, plant and equipment were as follows (dollars in millions):

                                                                                                                                                                                  

 

 

December 31,

 

 

 

2016

 

2015

 

Land

 

$

229

 

$

208

 

Buildings

 

 

822

 

 

793

 

Plant and equipment

 

 

7,244

 

 

6,981

 

Construction in progress

 

 

483

 

 

935

 

​  

​  

​  

​  

Total

 

 

8,778

 

 

8,917

 

Less accumulated depreciation

 

 

(4,566

)

 

(4,471

)

​  

​  

​  

​  

Net

 

$

4,212

 

$

4,446

 

​  

​  

​  

​  

​  

​  

​  

​