Interpreting and Applying Disclosures on Property and Equipment Following are selected disclosures from the Rohm and Haas Company (a specialty chemical company) 2005 10-K. Land, Building and Equipment, Net (in millions) 2005 2004 Land $ 139 $ 141 Buildings and improvements 1,683 1.744 Machinery and equipment 5,570 5,656 Capitalized interest 329 320 Construction in progress 166 Land, Building and Equipment, Gross 7,889 8,027 Less: Accumulated depreciation 5.208 5,098 Total $ 2,681 $2,929 168 Interpreting and Applying Disclosures on Property and Equipment Following are selected disclosures from the Rohm and Haas Company (a specialty chemical company) 2005 10-K. Land, Building and Equipment, Net (in millions) 2005 2004 Land $ 139 $ 141 Buildings and improvements 1,683 1.744 Machinery and equipment 5,570 5,656 Capitalized interest 329 320 Construction in progress 166 Land, Building and Equipment, Gross 7,889 8,027 Less: Accumulated depreciation 5.208 5,098 Total $ 2,681 $2,929 168