notes to consolidated financial statements

Note 4

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,

Lives (years)

 

2011

 

 

2010

 

Land

 

 

$

862

 

$

865

 

Buildings and equipment

15

45

 

21,969

 

 

21,064

 

Central office and other network equipment

3

15

 

107,322

 

 

102,547

 

Cable, poles and conduit

11

50

 

67,190

 

 

67,539

 

Leasehold improvements

5

20

 

5,030

 

 

4,816

 

Work in progress

 

 

 

3,417

 

 

4,375

 

Furniture, vehicles and other

3

12

 

9,836

 

 

10,449

 

 

 

 

 

 

215,626

 

 

211,655

 

Less accumulated depreciation

 

 

 

 

127,192

 

 

123,944

 

Total

 

 

 

$

88,434

 

$

87,711