Property, Plant and Equipment

12 Months Ended

Dec. 31, 2015

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consisted of the following:


December 31, 2015	Gross Cost		Accumulated Depreciation			Net Cost
Land		75		—			75
Buildings		806		(399	)		407
Facilities & leasehold improvements		2,746		(2,482	)		264
Machinery and equipment		12,885		(11,408	)		1,477
Computer and R&D equipment		377		(339	)		38
Other tangible assets		104		(99	)		5
Construction in progress		55		—			55

Total		17,048		(14,727	)		2,321


December 31, 2014	Gross Cost		Accumulated Depreciation			Net Cost
Land		80		—			80
Buildings		886		(411	)		475
Facilities & leasehold improvements		2,946		(2,629	)		317
Machinery and equipment		13,491		(11,822	)		1,669
Computer and R&D equipment		410		(371	)		39
Other tangible assets		118		(109	)		9
Construction in progress		58		—			58

Total		17,989		(15,342	)		2,647

The line “Construction in progress” in the table above includes property, plant and equipment under construction and equipment under qualification before operating.

Facilities & leasehold improvements, machinery and equipment and other tangible assets include assets acquired under capital lease. The net cost of assets under capital lease was less than $1 million for the year ended December 31, 2015 and $1 million for the year ended December 31, 2014.

The depreciation charge in 2015, 2014 and 2013 was $676 million, $750 million and $838 million, respectively.

Capital investment funding has totaled $7 million for the year ended December 31, 2015, less than $1 million for the year ended December 31, 2014 and $3 million for the year ended December 31, 2013. Public funding reduced depreciation charges by $4 million, $4 million and $6 million in 2015, 2014 and 2013, respectively.

For the years ended December 31, 2015, 2014 and 2013 the Company sold property, plant and equipment for cash proceeds of $62 million, $9 million and $12 million, respectively. In 2015, the Company has disposed of non-strategic assets, Shanghai and Longgang buildings, for cash proceeds of $26 million and $29 million, respectively.