2010   Financial Report of the United States Government

Notes to the Financial Statements

Note 8. Property, Plant, and Equipment, Net

Property, Plant, and Equipment as of September 30, 2010
 
Cost
Accumulated
Depreciation/Amortization
Net
(In billions of dollars)
Defense
All Others
Defense
All Others
Defense
All Others
Buildings, structures, and facilities 207.4 211.6 112.0 110.8 95.4 100.8
Furniture, fixtures, and equipment 912.6 159.5 466.9 96.7 445.7 62.8
Construction in progress 38.6 41.3 N/A N/A 38.6 41.3
Land 10.5 11.7 N/A N/A 10.5 11.7
Internal use software 9.4 17.6 6.1 9.3 3.3 8.3
Assets under capital lease 1.0 3.2 0.6 1.4 0.4 1.8
Leasehold improvements 1.0 6.1 0.4 3.2 0.6 2.9
Other property, plant, and equipment 1.2 7.8 - 4.2 1.2 3.6
  Subtotal 1,181.7 458.8 586.0 225.6 595.7 233.2
    Total property, plant, and
    equipment, net
  1,640.5   811.6   828.9


Property, Plant, and Equipment as of September 30, 2009
 
Cost
Accumulated
Depreciation/Amortization
Net
(In billions of dollars)
Defense
All Others
Defense
All Others
Defense
All Others
Buildings, structures, and facilities 191.7 201.4 108.0 104.6 83.7 96.8
Furniture, fixtures, and equipment 877.5 151.4 446.9 91.6 430.6 59.8
Construction in progress 30.8 41.2 N/A N/A 30.8 41.2
Land 10.5 11.7 N/A N/A 10.5 11.7
Internal use software 9.0 15.0 5.6 7.5 3.4 7.5
Assets under capital lease 1.0 2.8 0.6 1.3 0.4 1.5
Leasehold improvements 0.7 5.7 0.5 2.8 0.2 2.9
Other property, plant, and equipment 0.1 8.5 - 5.5 0.1 3.0
  Subtotal 1,121.3 437.7 561.6 213.3 559.7 224.4
    Total property, plant, and
    equipment, net
  1,559.0   774.9   784.1

For further information related to multi-use heritage assets, see Note 27—Stewardship Land and Heritage Assets.

DOD comprises approximately 72 percent of the Government’s reported property, plant, and equipment as of September 30, 2010. Refer to the individual financial statements of DOD, DOE, the United States Postal Service (USPS), the Tennessee Valley Authority (TVA), GSA, DHS, and the Department of Interior (DOI) for significant detailed information on the useful lives and related capitalization thresholds for property, plant, and equipment. These agencies comprise 89 percent of the Government’s total reported net property, plant, and equipment of $828.9 billion as of September 30, 2010.


Last Updated:  December 07, 2011