6. property, plant and equipment, net
Property, plant and equipment consist of the following:
December 31, |
(US$ in millions) |
2004 |
|
2003 |
|
|
Land |
$ |
140 |
|
$ |
114 |
|
Mining properties |
|
206 |
|
|
136 |
|
Buildings |
|
917 |
|
|
936 |
|
Machinery and equipment |
|
2,482 |
|
|
2,078 |
|
Furniture, fixtures and other |
|
224 |
|
|
158 |
|
|
|
|
3,969 |
|
|
3,422 |
|
Less: accumulated depreciation and depletion |
|
(1,810 |
) |
|
(1,556 |
) |
Plus: construction in process |
|
377 |
|
|
224 |
|
|
Total |
$ |
2,536 |
|
$ |
2,090 |
|
|
Bunge capitalized interest on construction in progress in the amount of $6 million, $8 million and $6 million in 2004, 2003 and 2002, respectively. Depreciation and depletion expense was $208 million, $182 million and $166 million in 2004, 2003 and 2002, respectively.
|