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Property, Plant, and Equipment Our property, plant, and equipment, net, consists of the following: December 3 1 ( in millions ) Current Year Prior Year

Property, Plant, and Equipment Our property, plant, and equipment, net, consists of the following:
December 31(in millions) Current Year Prior Year
Machinery, equipment, vehicles, and office furniture $13,558 $9,953
Tooling 2,5792,188
Leaseholder improvements 2,3661,826
Land and buildings 7,7514,675
Computer equipment, hardware and software 2,0721,414
Construction in progress 4,2635,559
32,58925,615
Less: Accumulated depreciation (9,041)(6,731)
Total $23,548 $18,884
Depreciation expense was $2,420 million and $1,910 million for the current and prior years, respectively.
a. Compute the average useful life of Teslas depreciable assets at the end of the current year.
Note: Round answers to the nearest dollar, if applicable.
$ millions Numerator Denominator Average Useful Life
Current year: Answer 1
23,548
Answer 2
2,420
9.73
b. Estimate the percent used up of Teslas depreciable assets at the end of the current year.
Note: Round answers to the nearest dollar, if applicable.
$ millions Numerator Denominator Percent Used Up
Current year: Answer 3
9,041
Answer 4
23,548
38.4

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