Note 10
Property, plant and equipment, net

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

December 31, ($ in millions)

2016

2015

Land and buildings

3,786

4,003

Machinery and equipment

7,368

7,554

Construction in progress

515

559

 

11,669

12,116

Accumulated depreciation

(6,926)

(6,840)

Total

4,743

5,276

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

December 31, ($ in millions)

2016

2015

Land and buildings

120

149

Machinery and equipment

47

53

 

167

202

Accumulated depreciation

(82)

(113)

Total

85

89

In 2016, 2015 and 2014, depreciation, including depreciation of assets under capital leases, was $767 million, $764 million and $851 million, respectively.