RAYTHEON CO/ | 2013 | FY | 3


Property, Plant and Equipment, Net
Property, plant and equipment, net consisted of the following at December 31:
(In millions)
2013

 
2012

Land
$
104

 
$
104

Buildings and improvements
2,547

 
2,503

Machinery and equipment
3,605

 
3,533

Property, plant and equipment, gross
6,256

 
6,140

Accumulated depreciation and amortization
(4,319
)
 
(4,154
)
Total
$
1,937

 
$
1,986


 
Depreciation and amortization expense of property, plant and equipment, net was $303 million, $318 million and $314 million in 2013, 2012 and 2011, respectively.

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