CUMMINS INC. AND CONSOLIDATED SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
NOTE 7. PROPERTY, PLANT AND EQUIPMENT
Details of our property, plant and equipment balance are as follows:
| December 31, | ||||||
| 2007 | 2006 | |||||
| Millions | ||||||
| Land and buildings | $ | 784 | $ | 779 | ||
| Machinery, equipment and fixtures | 3,247 | 3,156 | ||||
| Construction in process | 282 | 160 | ||||
| 4,313 | 4,095 | |||||
| Less accumulated depreciation | (2,668 | ) | (2,521 | ) | ||
| Property, plant and equipment, net | $ | 1,645 | $ | 1,574 | ||
The accompanying notes are an integral part of the Consolidated Financial Statements.
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