Crucial 2011 Annual Report Download - page 57

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Property, Plant and Equipment
Depreciation expense was $ 2,026 million , $ 1,826 million and $ 2,039 million for 2011 , 2010 and 2009 , respectively.
Other noncurrent assets included buildings, equipment and other assets classified as held for sale of $ 35 million as of September 1, 2011 and
$ 56 million as of September 2, 2010 .
Equity Method Investments
We recognize our share of earnings or losses from all investments under the equity method on a two-
month lag. Equity in net income (loss) of
equity method investees, net of tax, included the following:
The summarized financial information in the tables below include the aggregate of all of our equity method investees on a stand-alone basis.
The tables below include the respective years and periods through which we recorded our proportionate share of each of their results of operations,
generally on a two-month lag. The summarized results of operations in the table below include the operating results of Inotera, Transform and
Aptina only for the periods subsequent to our acquisition of our ownership interests.
54
As of
2011
2010
Land
$
92
$
95
Buildings (includes $163 and $184, respectively, for capital leases)
4,481
4,394
Equipment (includes $712 and $745, respectively, for capital leases)
14,735
12,970
Construction in progress
155
73
Software
293
281
19,756
17,813
Accumulated depreciation (includes $430 and $478, respectively, for capital leases)
(12,201
)
(11,212
)
$
7,555
$
6,601
As of
2011
2010
Investment
Balance
Ownership
Percentage
Investment
Balance
Ownership
Percentage
Inotera
$
388
29.7
%
$
434
29.9
%
MeiYa
1
50.0
%
44
50.0
%
Transform
87
50.0
%
82
50.0
%
Aptina
7
35.0
%
22
35.0
%
$
483
$
582
For the year ended
2011
2010
2009
Inotera:
Equity method loss
$
(154
)
$
(56
)
$
(166
)
Inotera Amortization
48
55
38
Other
(6
)
(5
)
(2
)
(112
)
(6
)
(130
)
Transform
(31
)
(12
)
—
Aptina
(15
)
(24
)
—
Hynix JV
—
2
—
MeiYa
—
1
(10
)
$
(158
)
$
(39
)
$
(140
)