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Empire State Tools and Die provides the following information related to its land, buildings and equipment (in millions): Property Plant & Equipment 2013 2012 Land
- Empire State Tools and Die provides the following information related to its land, buildings and equipment (in millions):
Property Plant & Equipment | 2013 | 2012 |
Land | $145 | $132 |
Buildings | $423 | $410 |
Machinery and Equipment | $7,302 | $6,720 |
Total PP&E | $7,870 | $7,262 |
Accumulated depreciation | $5,045 | $4,876 |
Reported depreciation expense is $603 million for the year. For 2013, calculate the percent-used-up for Empire State Tool and Die.
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