2012   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, 2012
 
Cost
Accumulated
Depreciation/
Amortization
Net
(In billions of dollars)
Defense
All Others
Defense
All Others
Defense
All Others
Buildings, structures, and facilities 248.9 234.0 120.9 123.4 128.0 110.6
Furniture, fixtures, and equipment 984.4 160.8 570.4 99.1 414.0 61.7
Construction in progress 42.8 50.8 N/A N/A 42.8 50.8
Land 10.7 12.2 N/A N/A 10.7 12.2
Internal use software 11.3 22.1 7.6 12.3 3.7 9.8
Assets under capital lease 0.9 3.1 0.5 1.5 0.4 1.6
Leasehold improvements 0.9 7.6 0.3 4.0 0.6 3.6
Other property, plant, and equipment 1.2 6.7 - 3.4 1.2 3.3
Subtotal 1,301.1 497.3 699.7 243.7 601.4 253.6
Total property, plant, and equipment, net   1,798.4   943.4   855.0

Property, Plant, and Equipment as of September 30, 2011
 
Cost
Accumulated
Depreciation/
Amortization
Net
(In billions of dollars)
Defense
All Others
Defense
All Others
Defense
All Others
Buildings, structures, and facilities 230.2 220.6 118.6 115.5 111.6 105.1
Furniture, fixtures, and equipment 945.1 161.6 511.1 98.3 434.0 63.3
Construction in progress 46.5 47.5 N/A N/A 46.5 47.5
Land 10.6 11.9 N/A N/A 10.6 11.9
Internal use software 10.0 19.9 6.9 10.7 3.1 9.2
Assets under capital lease 1.2 2.9 0.7 1.5 0.5 1.4
Leasehold improvements 1.0 6.9 0.5 3.6 0.5 3.3
Other property, plant, and equipment 1.2 6.2 - 3.1 1.2 3.1
  Subtotal 1,245.8 477.5 637.8 232.7 608.0 244.8
    Total property, plant, and equipment, net   1,723.3   870.5   852.8

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

DOD comprises approximately 70.4 percent of the Government's reported property, plant, and equipment, net, as of September 30, 2012. Refer to the individual financial statements of DOD, DOE, the Tennessee Valley Authority (TVA), GSA, the Department of Interior (DOI), VA, DHS, USPS, Department of State, and DOT for significant detailed information on the useful lives and related capitalization thresholds for property, plant, and equipment. These agencies comprise 93.9 percent of the Government's total cost of property, plant, and equipment net of $855.0 billion as of September 30, 2012.


Last Updated:  February 27, 2013