Quarterly report pursuant to Section 13 or 15(d)

PROPERTY, PLANT AND EQUIPMENT

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PROPERTY, PLANT AND EQUIPMENT
6 Months Ended
Jun. 30, 2014
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment as of June 30, 2014 and December 31, 2013 consist of the following (in millions):
 
2014
 
2013
Vehicles
$
7,036

 
$
6,762

Aircraft
15,785

 
15,772

Land
1,164

 
1,163

Buildings
3,310

 
3,260

Building and leasehold improvements
3,150

 
3,116

Plant equipment
7,367

 
7,221

Technology equipment
1,600

 
1,569

Equipment under operating leases
41

 
44

Construction-in-progress
209

 
244

 
39,662

 
39,151

Less: Accumulated depreciation and amortization
(21,875
)
 
(21,190
)
 
$
17,787

 
$
17,961


 
We continually monitor our aircraft fleet utilization in light of current and projected volume levels, aircraft fuel prices and other factors. Additionally, we monitor our other property, plant and equipment categories for any indicators that the carrying value of the assets exceeds the fair value. There were no indicators of impairment in our property, plant and equipment, and no impairment charges were recorded, during the three and six months ended June 30, 2014 and 2013.