Quarterly report pursuant to Section 13 or 15(d)

PROPERTY, PLANT AND EQUIPMENT

v2.4.1.9
PROPERTY, PLANT AND EQUIPMENT
 3 Months Ended
Mar. 31, 2015
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment as of March 31, 2015 and December 31, 2014 consist of the following (in millions):
 
2015
 
2014
Vehicles
$
7,500

 
$
7,542

Aircraft
15,806

 
15,801

Land
1,171

 
1,145

Buildings
3,209

 
3,276

Building and leasehold improvements
3,289

 
3,266

Plant equipment
7,556

 
7,649

Technology equipment
1,618

 
1,608

Equipment under operating leases
33

 
34

Construction-in-progress
286

 
299

 
40,468

 
40,620

Less: Accumulated depreciation and amortization
(22,567
)
 
(22,339
)
 
$
17,901

 
$
18,281


 
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. No impairment charges on property, plant and equipment were recorded during the three months ended March 31, 2015 and 2014.