PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment consisted of the following (in millions):
|
| | | | | | | |
| September 30, |
| 2013 | | 2012 |
| | | |
Buildings and improvements | $ | 3,046 |
| | $ | 2,716 |
|
Machinery and equipment | 8,189 |
| | 7,827 |
|
Construction in progress | 1,441 |
| | 1,722 |
|
Land | 374 |
| | 375 |
|
Total property, plant and equipment | 13,050 |
| | 12,640 |
|
Less: accumulated depreciation | (6,465 | ) | | (6,200 | ) |
Property, plant and equipment - net | $ | 6,585 |
| | $ | 6,440 |
|
Interest costs capitalized during the fiscal years ended September 30, 2013, 2012 and 2011 were $42 million, $55 million and $34 million, respectively. Accumulated depreciation related to capital leases at September 30, 2013 and 2012 was $44 million and $56 million, respectively.
