Johnson Controls 2014 Annual Report Download - page 72

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72
5. PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment consisted of the following (in millions):
September 30,
2014 2013
Buildings and improvements $ 3,254 $ 3,046
Machinery and equipment 7,944 8,189
Construction in progress 1,151 1,441
Land 370 374
Total property, plant and equipment 12,719 13,050
Less: accumulated depreciation (6,405)(6,465)
Property, plant and equipment - net $ 6,314 $ 6,585
Interest costs capitalized during the fiscal years ended September 30, 2014, 2013 and 2012 were $28 million, $42 million and $55
million, respectively. Accumulated depreciation related to capital leases at September 30, 2014 and 2013 was $29 million and $44
million, respectively.