|
6. Property, Plant and Equipment
Property, plant and equipment consist of the following:
|
|
|
|
|
|
|
|
|
|
December 31, |
|
|
(US$ in millions) |
|
2010 |
|
2009 |
|
|
Land |
|
$ |
483 |
|
$ |
347 |
|
|
Mining properties |
|
|
— |
|
|
301 |
|
|
Biological assets |
|
|
313 |
|
|
103 |
|
|
Buildings |
|
|
1,743 |
|
|
2,068 |
|
|
Machinery and equipment |
|
|
4,270 |
|
|
4,681 |
|
|
Furniture, fixtures and other |
|
|
488 |
|
|
468 |
|
| |
|
|
|
|
|
|
|
|
|
7,297 |
|
|
7,968 |
|
|
Less: accumulated depreciation and depletion |
|
|
(2,983 |
) |
|
(3,632 |
) |
|
Plus: construction in progress |
|
|
998 |
|
|
1,011 |
|
| |
|
|
|
|
|
|
Total |
|
$ |
5,312 |
|
$ |
5,347 |
|
| |
|
|
|
|
|
Bunge capitalized expenditures of $1,117 million, $1,001 million and $1,003 million in 2010, 2009 and 2008, respectively. In addition, included in these capitalized expenditures was capitalized interest on construction in progress of $21 million, $26 million and $18 million in 2010, 2009 and 2008, respectively and non-cash asset acquisitions of $11 million in 2010. Depreciation and depletion expense was $420 million, $427 million and $428 million in 2010, 2009 and 2008, respectively. Certain property, plant and equipment amounts were significantly impacted by acquisition and divestiture activity during 2010 (see Notes 2 and 3 of the notes to the consolidated financial statements). |