PACCAR 2011 Annual Report Download - page 64

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F. PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment include the following:
At December 31, USEFUL LIVES 2011 2010
Land $ 211.6 $ 200.7
Buildings and improvements 10-40 years 938.7 940.3
Machinery, equipment and production tooling 3-12 years 2,387.9 2,335.2
Construction in progress 552.2 176.0
4,090.4 3,652.2
Less allowance for depreciation (2,117.1) (1,978.5)
$ 1,973.3 $ 1,673.7
G. ACCOUNTS PAYABLE, ACCRUED EXPENSES AND OTHER
Accounts payable, accrued expenses and other include the following:
At December 31, 2011 2010
Truck and Other:
Accounts payable $ 1,098.9 $ 707.4
Product support reserves 310.4 231.3
Accrued capital expenditures 245.5 51.2
Accrued expenses 209.9 224.9
Salaries and wages 197.4 171.8
Other 315.3 289.9
$ 2,377.4 $ 1,676.5
H. P RODUCT SUPPORT LIABILITIES
Changes in product support liabilities are summarized as follows:
2011 2010 2009
Beginning balance $ 372.2 $ 386.4 $ 450.4
Cost accruals and revenue deferrals 304.3 172.4 169.0
Payments and revenue recognized (219.6) (171.3) (245.6)
Currency translation (8.2) (15.3) 12.6
Ending balance $ 448.7 $ 372.2 $ 386.4
Product support liabilities are included in the accompanying Consolidated Balance Sheets as follows:
At December 31, 2011 2010
Truck and Other:
Accounts payable, accrued expenses and other $ 310.4 $ 231.3
Other liabilities 74.6 83.2
Financial Services:
Deferred taxes and other liabilities 63.7 57.7
$ 448.7 $ 372.2

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
December 31, 2011, 2010 and 2009 (currencies in millions)