Property and Equipment

12 Months Ended

Sep. 30, 2013

6. Property and Equipment

Property and equipment, at cost, consists of the following:

	Fiscal Year Ended

	September 30, 2013			September 30, 2012			Useful Lives (years)
	(in millions)
Building and land	$	4.4		$	43.7		27
Leasehold improvements		289.9			287.7		2 - 12
Computer systems and equipment		257.0			229.8		3 - 7
Furniture and fixtures		106.4			109.2		5 - 10
Automobiles		5.4			5.9		3 - 10

Total		663.1			676.3
Accumulated depreciation and amortization		(392.4	)		(350.4	)

Property and equipment, net	$	270.7		$	325.9

Depreciation expense for the fiscal years ended September 30, 2013, 2012 and 2011 were $70.7 million, $77.1 million and $73.2 million, respectively. Included in depreciation expense is amortization of capitalized software costs in the years ended September 30, 2013, 2012 and 2011 of $6.4 million, $6.2 million and $6.7 million, respectively. Unamortized capitalized software costs at September 30, 2013, 2012 and 2011 were $29.6 million, $24.1 million and $20.9 million, respectively.

Depreciation and amortization are provided using primarily the straight-line method over the estimated useful lives of the assets, or in the case of leasehold improvements and capitalized leases, the lesser of the remaining life of the lease or its estimated useful life.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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