Note 10 Property, plant and equipment, net

“Property, plant and equipment, net” consisted of the following:

December 31, ($ in millions)

2014

2013

Land and buildings

4,142

4,478

Machinery and equipment

7,762

8,258

Construction in progress

653

645

 

12,557

13,381

Accumulated depreciation

(6,905)

(7,127)

Total

5,652

6,254

Assets under capital leases included in “Property, plant and equipment, net” were as follows:

December 31, ($ in millions)

2014

2013

Land and buildings

192

112

Machinery and equipment

88

98

 

280

210

Accumulated depreciation

(163)

(115)

Total

117

95

In 2014, 2013 and 2012, depreciation, including depreciation of assets under capital leases, was $851 million, $842 million and $733 million, respectively.