Property and Equipment

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]


Property and Equipment

Net property and equipment consisted of:


In millions	'December 31, 2022		2021
Land	$	6,686.3	$	6,487.6
Buildings and improvements on owned land	18,934.2		18,666.0
Buildings and improvements on leased land	12,492.0		13,283.3
Equipment, signs and seating	2,498.6		3,032.0
Other	426.5		447.7
Property and equipment, at cost	41,037.6		41,916.6
Accumulated depreciation and amortization	(17,264.0)		(17,196.0)
Net property and equipment	$	23,773.6	$	24,720.6

Depreciation and amortization expense for property and equipment was (in millions): 2022–$1,454.0; 2021–$1,530.7; 2020–$1,469.4. The decrease in both Buildings and improvements on leased land and Equipment, signs and seating from 2021 to 2022 was primarily driven by the Company's sale of the business in Russia.