Long-lived assets by geographic region follow: | ||||||||||||
As of December 31, | ||||||||||||
(MILLIONS OF DOLLARS) | 2013 | 2012 | 2011 | |||||||||
Property, plant and equipment, net | ||||||||||||
United States | $ | 5,885 | $ | 6,485 | $ | 7,116 | ||||||
Developed Europe(a) | 4,845 | 4,895 | 5,640 | |||||||||
Developed Rest of World(b) | 696 | 816 | 872 | |||||||||
Emerging Markets(c) | 971 | 1,017 | 1,045 | |||||||||
Property, plant and equipment, net | $ | 12,397 | $ | 13,213 | $ | 14,673 | ||||||
(a) | Developed Europe region includes the following markets: Western Europe, Finland and the Scandinavian countries. |
(b) | Developed Rest of World region includes the following markets: Australia, Canada, Japan, New Zealand, and South Korea. |
(c) | Emerging Markets region includes, but is not limited to, the following markets: Asia (excluding Japan and South Korea), Latin America, the Middle East, Eastern Europe, Africa, Turkey and Central Europe |