Property And Equipment, Net

12 Months Ended

Dec. 31, 2011

Property And Equipment, Net [Abstract]

NOTE 6 — Property and Equipment, Net

Our property and equipment consists of the following:


	December 31,
	2011			2010
	(In thousands)
Capitalized software development	$	473,916		$	387,228
Computer equipment		157,219			121,792
Furniture and other equipment		98,631			78,809
Leasehold improvements		85,735			64,154

		815,501			651,983
Less: accumulated depreciation		(552,241	)		(434,296	)
Projects in progress		57,022			28,630

Property and equipment, net	$	320,282		$	246,317

As of December 31, 2011 and 2010, our recorded capitalized software development costs, net of accumulated amortization, were $184 million and $133 million. For the years ended December 31, 2011, 2010, and 2009, we recorded amortization of capitalized software development costs of $73 million, $61 million, and $57 million, most of which is included in technology and content expenses.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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