Book Value of Fixed Assets Cannington Inc. designs, manufactures, and markets personal computers and related software. Cannington also manufactures and distributes music players (cPod), mobile phones (cPhone), and smartwatches (Cannington Watch) along with related accessories and services, including online distribution of third-party music, videos, and applications. The following information was taken from a recent annual report of Cannington: Property, Plant, and Equipment (in millions): Current Year Preceding Year Land and buildings $746,290 $432,848 Machinery, equipment, and internal-use software 708,976 559,718 Other fixed assets 903,011 679,124 Accumulated depreciation and amortization (947,788) (791,067)