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Property, Plant and Equipment | 12 Months Ended
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Dec. 31, 2021
Property, Plant and Equipment |
Property, Plant and Equipment | Note 4 − Property, Plant and Equipment The following table is a summary of property, plant and equipment:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Useful | ​ | December 31, | ​
(Millions of dollars) |  | Lives |  | 2021 |  | 2020 | ​
Land and improvements |  | 3 | - | 15 | years | ​ | $ | 285 | ​ | $ | 268 | ​
Buildings and improvements |  | ​ | ​ | 30 | years | ​ |  | 739 | ​ |  | 712 | ​
Machinery and equipment |  | 3 | - | 20 | years | ​ |  | 1,445 | ​ |  | 1,367 | ​
Vessels and vehicles |  | 3 | - | 18 | years | ​ |  | 214 | ​ |  | 158 | ​
Office furniture and fixtures |  | ​ | ​ | 5 | years | ​ |  | 45 | ​ |  | 43 | ​
Contract growers | ​ | 5 | - | 15 | years | ​ | ​ | 118 | ​ | ​ | 93 | ​
Construction in progress | ​ | ​ | ​ | ​ | ​ | ​ |  | 613 | ​ |  | 389 | ​
Total property, plant and equipment | ​ | ​ | ​ | ​ | ​ | ​ |  | 3,459 | ​ |  | 3,030 | ​
Accumulated depreciation and amortization | ​ | ​ | ​ | ​ | ​ | ​ |  | (1,567) | ​ |  | (1,448) | ​
Net property, plant and equipment | ​ | ​ | ​ | ​ | ​ | ​ | $ | 1,892 | ​ | $ | 1,582 | ​
Finance lease ROU assets are included in property, plant and equipment and comprise all of the contract growers’ asset category, with the remaining balance in vessels, machinery and equipment, buildings and land. Finance lease ROU assets were $128 million and $92 million, net of $29 million and $12 million in accumulated amortization as of December 31, 2021 and 2020, respectively. Seaboard’s capitalized interest on construction in progress was $7 million and $10 million for the years ended December 31, 2021 and 2020, respectively.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=120429125&loc=SL120174063-112916 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99779-112916 + Details
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