note 7 PLANT, PROPERTY AND EQUIPMENT The following table displays the details of plant, property and equipment, which is stated at cost: (dollars in millions ) At December 31,   2004     2003   Land $ 772   $ 812   Buildings and equipment   16,159     15,677   Network equipment   145,955     142,296   Furniture, office and data processing equipment   16,136     16,334   Work in progress   1,649     1,129   Leasehold improvements   1,948     1,566   Other   2,903     3,126       185,522     180,940   Accumulated depreciation   (111,398 )   (105,638 ) Total $ 74,124   $ 75,302   Features | Selected Financial Data and MD&A | Financials | Proxy | Investor Relations Website * This is an interactive electronic version of Verizon’s 2004 Annual Report to Shareholders, and it is intended to be complete and accurate. The contents of this version are qualified in their entirety by reference to the printed version. A reproduction of the printed version is available in PDF format on this website