| PROPERTY AND DEPRECIATION |
14. PROPERTY AND DEPRECIATION A summary of property and equipment at October 27, 2024 and October 29, 2023 follows: | | | | | | | | | | | | Useful Lives* | | | | | | | | | | (Years) | | 2024 | | 2023 | | Land | | | | $ | 390 | | $ | 338 | | Buildings and building equipment | | 22 | | | 5,168 | | | 4,735 | | Machinery and equipment | | 11 | | | 7,125 | | | 6,613 | | Dies, patterns, tools, etc. | | 8 | | | 1,797 | | | 1,658 | | All other | | 5 | | | 1,382 | | | 1,323 | | Construction in progress | | | | | 1,313 | | | 1,266 | | Total at cost | | | | | 17,175 | | | 15,933 | | Less: accumulated depreciation | | | | | (9,595) | | | (9,054) | | Property and equipment – net | | | | $ | 7,580 | | $ | 6,879 | |
* Weighted-averages Property and equipment additions and depreciation follows: | | | | | | | | | | | | | 2024 | | 2023 | | 2022 | | Additions | | $ | 1,707 | | $ | 1,597 | | $ | 1,197 | | Depreciation | | | 898 | | | 838 | | | 806 | |
For property and equipment, more than 10 percent resides in the U.S. and Germany, separately disclosed below: | | | | | | | | | | 2024 | | 2023 | | U.S. | | $ | 4,132 | | $ | 3,807 | | Germany | | | 1,271 | | | 1,192 | | Other countries | | | 2,177 | | | 1,880 | | Total | | $ | 7,580 | | $ | 6,879 | |
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