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Property and Equipment
12 Months Ended
Dec. 31, 2015
Property and Equipment  
Property and Equipment

6. Property and Equipment

 

Property and equipment consisted of the following:

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

    

2015

    

2014

 

Buildings and leasehold improvements

 

$

1,357.1

 

$

1,227.1

 

Furniture, fixtures and equipment

 

 

662.6

 

 

542.1

 

Total

 

$

2,019.7

 

$

1,769.2

 

Less: Accumulated depreciation

 

 

(499.6)

 

 

(437.6)

 

Property and equipment, net

 

$

1,520.1

 

$

1,331.6

 

 

 

Approximately $27.1 million and $27.0 million of capitalized interest is included in buildings and leasehold improvements as of December 31, 2015 and 2014, respectively, and is being depreciated over the useful life of the related assets.