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  • Note 6. Property, Plant, and Equipment, Net

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    This document provides details on the US government's property, plant, and equipment (PP&E) as of September 30, 2019 and 2018. It shows that the total PP&E costs $2.4 trillion with accumulated depreciation/amortization of $1.3 trillion, leaving a net of $1.1 trillion. It also notes that the Department of Defense accounts for around 69% of the government's total PP&E. Finally, it lists the government entities that comprise over 90% of the $1.1 trillion net PP&E, including DOD, DOI, VA, DOE, GSA, USPS, DHS, State, and TVA.

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    This document provides details on the US government's property, plant, and equipment (PP&E) as of September 30, 2019 and 2018. It shows that the total PP&E costs $2.4 trillion with accumulated depreciation/amortization of $1.3 trillion, leaving a net of $1.1 trillion. It also notes that the Department of Defense accounts for around 69% of the government's total PP&E. Finally, it lists the government entities that comprise over 90% of the $1.1 trillion net PP&E, including DOD, DOI, VA, DOE, GSA, USPS, DHS, State, and TVA.

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    10 views1 page

    Note 6. Property, Plant, and Equipment, Net

    Uploaded by

    Loki
    This document provides details on the US government's property, plant, and equipment (PP&E) as of September 30, 2019 and 2018. It shows that the total PP&E costs $2.4 trillion with accumulated depreciation/amortization of $1.3 trillion, leaving a net of $1.1 trillion. It also notes that the Department of Defense accounts for around 69% of the government's total PP&E. Finally, it lists the government entities that comprise over 90% of the $1.1 trillion net PP&E, including DOD, DOI, VA, DOE, GSA, USPS, DHS, State, and TVA.

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    NOTES TO THE FINANCIAL STATEMENTS 86

    Note 6. Property, Plant, and Equipment, Net

    Property, Plant, and Equipment as of September 30, 2019, and 2018

    Accumulated Accumulated
    Depreciation/ Depreciation/
    Cost Amortization Net Cost Amortization Net
    (In billions of dollars) 2019 2018

    Buildings, structures, and facilities .................. 775.8 469.7 306.1 728.4 431.1 297.3
    Furniture, fixtures, and equipment .................. 1,387.5 809.5 578.0   1,363.9 782.7 581.2
    Construction in progress ................................ 171.6 N/A 171.6 159.5 N/A 159.5
    Internal Use Software .................................... 51.5 32.1 19.4 49.4 30.8 18.6
    Land............................................................. 21.7 N/A 21.7 21.5 N/A 21.5
    Other property, plant, and
    31.7 21.6 10.1 38.0 25.6 12.4
    equipment………… .......................................
    Total property, plant, and equipment ......... 2,439.8 1,332.9 1,106.9 2,360.7 1,270.2 1,090.5
    Note: "N/A" indicates not applicable.

    DOD comprises approximately 69.4 percent of the government’s reported PP&E, as of September 30, 2019. DOD
    continues to implement SFFAS No. 50, Establishing Opening Balances for General Property, Plant, and Equipment which
    permits alternative methods in establishing opening balances for general PP&E and has elected to exclude land and land
    rights. The total acreage excluded was 20,926,485 as of September 30, 2019 and September 30, 2018.
    The following entities comprise over 90 percent of the government’s reported PP&E net of $1,106.9 billion as of
    September 30, 2019. Please refer to the entities’ financial statements for details.
     DOD  DOI  VA
     DOE  USPS  TVA
     GSA  DHS  State
     DOC
    Certain PP&E are multi-use heritage assets, see Note 24—Stewardship Land and Heritage Assets for additional
    information on multi-use heritage assets.

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