Notes to Consolidated Financial Statements

NOTE 5

PLANT, PROPERTY AND EQUIPMENT

The following table displays the details of plant, property and equipment, which is stated at cost:

(dollars in millions)

At December 31,

2007

 

2006

 

Land

$

839

 

$

959

 

Buildings and equipment

 

19,734

 

 

19,207

 

Network equipment

 

173,654

 

 

163,580

 

Furniture, office and data processing equipment

 

11,912

 

 

12,789

 

Work in progress

 

1,988

 

 

2,315

 

Leasehold improvements

 

3,612

 

 

3,061

 

Other

 

2,255

 

 

2,198

 

 

 

213,994

 

 

204,109

 

Less accumulated depreciation

 

128,700

 

 

121,753

 

Total

$

85,294

 

$

82,356