Property and Equipment, Net

12 Months Ended

Dec. 31, 2012

Property and Equipment, Net [Abstract]

Property and Equipment, Net

7.    Property and Equipment, Net

Property and equipment, net, consisted of:

	December 31, 2012							December 31, 2011
(in $ millions)	Cost		Accumulated depreciation			Net		Cost		Accumulated depreciation			Net
Capitalized software		629		(386	)		243		600		(314	)		286
Furniture, fixtures and equipment		274		(138	)		136		240		(137	)		103
Building and leasehold improvements		12		(7	)		5		11		(7	)		4
Construction in progress		32		—			32		38		—			38
		947		(531	)		416		889		(458	)		431

As of December 31, 2012 and 2011, the Company had net capital lease assets of $94 million and $64 million, respectively, included within furniture, fixtures and equipment. During the years ended December 31, 2012 and 2011, the Company invested $155 million and $100 million, respectively, in property and equipment, including capital lease additions. Additions in the year ended December 31, 2012 include upgrades to equipment as part of investment in the Company’s GDS information technology infrastructure.

The Company recorded depreciation expense of $145 million, $139 million and $121 million during the years ended December 31, 2012, 2011 and 2010, respectively.

The amount of interest on capital projects capitalized was $3 million and $2 million for the years ended December 31, 2012 and 2011, respectively.