College Accounting 2nd Edition by David Haddock, John Price,Michael Farina

Exercise 20

DuPont reported depreciation expense of $1,251 million on its consolidated financial statements for the period ended December 31, 2009. The following excerpt is taken from the company's consolidated balance sheet for the same year:
(Dollars in millions, except per share) December 31, 2009

If the company continued to record depreciation expense at this level each year, how many years remain until all assets would be fully depreciated? (Assume no salvage values.)
Analyze Online: Connect to the DuPont Web Site (www.dupont.com). Click on the Investor Center link to find information on quarterly earnings.