Note 10
Property, plant and equipment, net

“Property, plant and equipment, net” consisted of the following:

December 31, ($ in millions)

2017

2016

Land and buildings

4,282

3,786

Machinery and equipment

8,336

7,368

Construction in progress

700

515

 

13,318

11,669

Accumulated depreciation

(7,955)

(6,926)

Total

5,363

4,743

Assets under capital leases included in “Property, plant and equipment, net” were as follows:

December 31, ($ in millions)

2017

2016

Land and buildings

176

120

Machinery and equipment

85

47

 

261

167

Accumulated depreciation

(120)

(82)

Total

141

85

In 2017, 2016 and 2015, depreciation, including depreciation of assets under capital leases, was $750 million, $767 million and $764 million, respectively.