Property and Equipment

12 Months Ended

Dec. 31, 2013

6. Property and Equipment

Property and equipment consisted of the following:

	December 31,

	2013			2012
Buildings and leasehold improvements	$	1,096.7		$	941.0
Furniture, fixtures and equipment		574.5			428.5


Total		1,671.2			1,369.5
Less: Accumulated depreciation		(430.2	)		(346.6	)


Property and equipment, net	$	1,241.0		$	1,022.9

As of December 31, 2013 and 2012, approximately $27.8 million and $27.3 million, respectively, of capitalized interest is included in buildings and leasehold improvements 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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