​ ​ ​

2025

  ​ ​ ​

2024

 

Land

$

3,624

$

3,609

Buildings and land improvements

 

16,754

 

16,100

Equipment

 

21,130

 

21,082

Leasehold improvements

 

13,747

 

13,287

Construction-in-progress

 

2,820

 

3,162

Leased property under finance leases

 

1,948

 

2,832

Total property, plant and equipment

 

60,023

 

60,072

Accumulated depreciation and amortization

 

(35,763)

 

(34,369)

Property, plant and equipment, net

$

24,260

$

25,703

Historical Timeline

Fiscal YearFiled
2026Mar 31, 2026Showing above
2025Apr 1, 2025
2024Apr 2, 2024
2023Mar 28, 2023
2022Mar 29, 2022
2021Mar 30, 2021
2020Apr 1, 2020
2019Apr 2, 2019
2018Apr 3, 2018
2017Mar 28, 2017
2016Mar 29, 2016

About PP&E Disclosures

The PP&E disclosure details a company's physical asset base — land, buildings, machinery, and equipment — along with the depreciation methods and useful life assumptions that determine how these costs flow through the income statement. Capitalization policy thresholds reveal management's judgment on the boundary between expense and asset, directly affecting both reported earnings and asset values.

Key signals: changes in estimated useful lives or depreciation methods can materially shift reported earnings without any operational change. Compare capital expenditures against depreciation expense — when capex consistently trails depreciation, the asset base may be aging and underinvested. Watch for large asset impairments or write-downs that signal overvalued carrying amounts. Asset retirement obligations reveal future environmental or decommissioning costs that are often underappreciated. Compare PP&E intensity (PP&E-to-revenue) against industry peers to assess capital efficiency and competitive positioning.