Property and Equipment, Net (Tables)

12 Months Ended

Dec. 31, 2016

Property, Plant and Equipment [Abstract]

Components of Property and Equipment, Net

Our property and equipment consists of the following:

	December 31,
	2016			2015
	(In thousands)
Capitalized software development	$	1,606,960		$	1,220,822
Computer equipment	665,652			485,074
Furniture and other equipment	72,811			65,939
Buildings and leasehold improvements	241,713			199,604
Land	130,812			130,725
	2,717,948			2,102,164
Less: accumulated depreciation	(1,575,879		)	(1,201,744		)
Projects in progress (1)	252,835			163,839
Property and equipment, net	$	1,394,904		$	1,064,259

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(1) At December 31, 2016, project in progress included approximately $38 million of project construction costs that were incurred by the landlord as property and equipment, net with a related construction financing obligation in other long-term liabilities pursuant to build-to-suit lease guidance. The building assets will begin depreciating when the costs incurred related to the build out of the office space are complete and ready for their intended use, which is expected to be in 2018.