Property and Equipment, Net

12 Months Ended

Dec. 31, 2011

Property and Equipment, Net [Abstract]

Property and Equipment, Net

8.     Property and Equipment, Net

Property and equipment, net, consisted of:

	December 31, 2011							December 31, 2010
(in $ millions)	Cost		Accumulated depreciation			Net		Cost		Accumulated depreciation			Net
Capitalized software		600		(314	)		286		573		(256	)		317
Furniture, fixtures and equipment		240		(137	)		103		215		(125	)		90
Building and leasehold improvements		11		(7	)		4		15		(9	)		6
Construction in progress		38		—			38		71		—			71
		889		(458	)		431		874		(390	)		484

The Company recorded depreciation expense of $139 million, $121 million and $96 million during the years ended December 31, 2011, 2010 and 2009, respectively.

As of December 31, 2011 and 2010, the Company had capital lease assets of $64 million and $47 million, respectively, included within furniture, fixtures and equipment. During the years ended December 31, 2011 and 2010, the Company invested $100 million and $203 million, respectively, in property and equipment, including capital lease additions.

Construction in progress as of December 31, 2011 and 2010 includes $2 million and $6 million, respectively, of capitalized interest.