The following schedule summarizes the noncurrent assets reported in the yearend balance sheets of Packard Computers, a company that designs and manufactures electronic data and communications systems, and Nazareth Steel, a major steel fabricator:

Packard Nazareth Computers Steel

(Dollars in millions)

Current assets (total) $10,236 $1,591 Noncurrent assets Property, plant, and equipment (at cost) 7,527 6,741 Less: Accumulated depreciation (3,347) (4,107)

Net 4,180 2,634 Other long-term receivables and other 2,320 1,652 Total noncurrent assets 6,500 4,286 Total assets $16,736 $5,877