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Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2020

Property, Plant and Equipment [Abstract]

Components of Property and equipment

Useful lives are generally as follows:

			Years
Buildings			10 to 30
Leasehold improvements			2 to 15
Vehicles			5
Furniture, fixtures, and equipment			2 to 10

Property and equipment consists of the following (in millions):

			As of December 31,
			2020						2019
Land			$	217.2					$	169.6
Buildings			2,357.0						2,084.8
Leasehold improvements			232.5						192.6
Vehicles			33.9						31.2
Furniture, fixtures, and equipment			537.9						505.1
			3,378.5						2,983.3
Less: Accumulated depreciation and amortization			(1,374.4)						(1,211.8)
			2,004.1						1,771.5
Construction in progress			202.5						187.8
Property and equipment, net			$	2,206.6					$	1,959.3

Schedule of depreciation expense and interest capitalized

The amount of depreciation expense and interest capitalized is as follows (in millions):

			For the Year Ended December 31,
			2020						2019						2018
Depreciation expense			$	151.1					$	130.0					$	124.2
Interest capitalized			$	6.0					$	8.3					$	6.0

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- Definition

Tabular disclosure of depreciation expense, interest capitalized, under operating leases.

+ References

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(13))
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

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