Property and Equipment

12 Months Ended

Dec. 31, 2014

6. Property and Equipment

Property and equipment consisted of the following:

	December 31,
	2014			2013
Buildings and leasehold improvements	$	1,225.4		$	1,069.8
Furniture, fixtures and equipment		537.7			459.8

Total		1,763.1			1,529.6
Less: Accumulated depreciation		(434.3	)		(410.1	)

Property and equipment, net	$	1,328.8		$	1,119.5

Approximately $27.0 million of capitalized interest is included in buildings and leasehold improvements as of December 31, 2014 and 2013, and is being depreciated over the useful life of the related assets.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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