Property, Plant and Equipment

12 Months Ended

Dec. 31, 2011

6. Property, Plant and Equipment

Property, plant and equipment consist of the following:

	December 31,

(US$ in millions)	2011			2010
Land	$	468		$	483
Biological assets		383			313
Buildings		1,794			1,743
Machinery and equipment		4,461			4,270
Furniture, fixtures and other		376			488

		7,482			7,297
Less: accumulated depreciation and depletion		(3,163	)		(2,983	)
Plus: construction in progress		1,198			998

Total	$	5,517		$	5,312

Bunge capitalized expenditures of $1,061 million, $1,117 million and $1,001 million in 2011, 2010 and 2009, respectively. In addition, included in these capitalized expenditures was capitalized interest on construction in progress of $16 million, $21 million and $26 million in 2011, 2010 and 2009, respectively. Depreciation and depletion expense was $497 million, $420 million and $427 million in 2011, 2010 and 2009, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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