Property and Equipment, Net

9 Months Ended

Sep. 30, 2013

Property Plant And Equipment [Abstract]

5. Property and Equipment, Net

Property and equipment, net, consisted of:


	September 30, 2013							December 31, 2012
(in $ millions)	Cost		Accumulated depreciation			Net		Cost		Accumulated depreciation			Net
Capitalized software		651		(447	)		204		629		(386	)		243
Computer equipment		282		(159	)		123		274		(138	)		136
Building and leasehold improvements		16		(8	)		8		12		(7	)		5
Construction in progress		70		—			70		32		—			32

		1,019		(614)			405		947		(531	)		416

The Company recorded depreciation expense of $30 million and $36 million during the three months ended September 30, 2013 and 2012, respectively. The Company recorded depreciation expense of $91 million and $108 million during the nine months ended September 30, 2013 and 2012, respectively.

As of September 30, 2013 and December 31, 2012, the Company had net capital lease assets of $87 million and $94 million, respectively, included within computer equipment. During the nine months ended September 30, 2013 and 2012, the Company invested $86 million and $67 million, respectively, in property and equipment.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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