Property, Plant and Equipment

6 Months Ended

Jun. 30, 2013

Property, Plant and Equipment [Abstract]



(in millions)	June 30, 2013		December 31, 2012
Land, buildings and improvements	$	249	$	255
Machinery and equipment	651		653
Equipment held for lease or rental	184		183
Furniture and fixtures	86		90
Construction work in progress	49		40
Other	21		19
Total property, plant and equipment, gross	1,240		1,240
Less accumulated depreciation	770		753
Total property, plant and equipment, net	$	470	$	487

Depreciation expense of $24 million and $49 million was recognized during the three and six months ended June 30, 2013, respectively, and $21 million and $44 million for the three and six months ended June 30, 2012, 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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