DuPont 2006 Annual Report Download - page 87

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10. INVENTORIES
December 31, 2006 2005
Finished products $3,075 $2,831
Semifinished products 1,616 1,534
Raw materials and supplies 804 863
5,495 5,228
Adjustment of inventories to a LIFO basis (554) (485)
$4,941 $4,743
Inventory values, before LIFO adjustment, are generally determined by the average cost method, which
approximates current cost. Excluding Pioneer, stores and supplies, inventories valued under the LIFO method
comprised 80 percent of consolidated inventories before LIFO adjustment for the periods ended
December 31, 2006 and 2005. Pioneer inventories of $1,115 and $1,088 at December 31, 2006 and 2005,
respectively, were valued under the FIFO method. Stores and supplies inventories of $281 and $245 at
December 31, 2006 and 2005, respectively, were valued under the average cost method.
11. PROPERTY, PLANT AND EQUIPMENT
December 31, 2006 2005
Buildings $ 4,081 $ 3,982
Equipment 20,058 19,457
Land 417 442
Construction 1,163 1,082
$25,719 $24,963
Property, plant and equipment includes gross assets acquired under capital leases of $61 and $89 at
December 31, 2006 and 2005, respectively. Related amounts included in accumulated depreciation were $33
and $45 at December 31, 2006 and 2005, respectively.
F-24
E. I. du Pont de Nemours and Company
Notes to the Consolidated Financial Statements (continued)
(Dollars in millions, except per share)