Quarterly report pursuant to Section 13 or 15(d)

PROPERTY, PLANT AND EQUIPMENT

v3.20.2
PROPERTY, PLANT AND EQUIPMENT
 9 Months Ended
Sep. 30, 2020
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment as of September 30, 2020 and December 31, 2019 consisted of the following (in millions):
2020 2019
Vehicles $ 10,604  $ 10,613 
Aircraft 19,672  19,045 
Land 2,146  2,087 
Buildings 5,575  5,046 
Building and leasehold improvements 4,888  4,898 
Plant equipment 14,088  13,849 
Technology equipment 2,695  2,206 
Construction-in-progress 2,940  1,983 
62,608  59,727 
Less: Accumulated depreciation and amortization (30,444) (29,245)
$ 32,164  $ 30,482 
Property, plant and equipment purchased on account was $835 and $372 million as of September 30, 2020 and December 31, 2019, respectively. 
We continually monitor our aircraft fleet utilization in light of current and projected volume levels, aviation fuel prices and other factors. Additionally, we monitor all other property, plant and equipment categories for any indicators that the carrying value of the assets may not be recoverable. There were no material impairment charges during the nine months ended September 30, 2020 or 2019.