Property and Equipment, Net

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT, NET

A summary of property and equipment, net, at December 31 is as follows:



	2014			2013
Land	$	1,090.4		$	997.1
Buildings and improvements	1,683.4			1,552.6
Furniture, fixtures, and equipment	578.7			569.3
	3,352.5			3,119.0
Less: accumulated depreciation and amortization	(930.5		)	(883.7		)
Property and equipment, net	$	2,422.0		$	2,235.3

We capitalized interest in connection with various construction projects to upgrade or remodel our facilities of $1.2 million in 2014, $0.7 million in 2013, and $0.6 million in 2012.

- 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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