Fiscal Year End

 

 

 

2016

 

2015

 

 

 

(in millions)

 

Land and improvements

 

$

159

 

$

163

 

Buildings and improvements

 

 

1,272

 

 

1,261

 

Machinery and equipment

 

 

6,890

 

 

6,692

 

Construction in process

 

 

567

 

 

521

 

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Gross property, plant, and equipment

 

 

8,888

 

 

8,637

 

Accumulated depreciation

 

 

(5,836

)

 

(5,717

)

​  

​  

​  

​  

Property, plant, and equipment, net

 

$

3,052

 

$

2,920

 

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