XML 84 R12.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Property and Equipment
 12 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment consists of the following:
 
 
 
December 31,

Useful Lives (Years)
 
2019
 
2018
Revenue generating assets
Up to 1
 
$
212.0

 
$
—

Building and leasehold improvements
5 - 25
 
134.2

 
129.1

Computer and data processing equipment
3 - 5
 
132.0

 
105.4

Machinery and equipment
5 - 10
 
45.4

 
44.1

Land
-*
 
27.7

 
27.7

Computer software
3 - 5
 
25.1

 
22.2

Construction in progress
-*
 
23.3

 
24.5

Furniture and fixtures
5 - 10
 
20.5

 
18.9

Property and equipment, gross
 
 
620.2

 
371.9

Less: accumulated depreciation
 
 
(257.1
)
 
(215.8
)
Property and equipment, net
 
 
$
363.1

 
$
156.1


*Asset is not depreciated.
During 2019, the Company recorded $212 million in revenue generating assets related to the delivery of a mobility solution.
During 2019, 2018 and 2017, the Company recorded disposals of $3 million, $25 million and $23 million, respectively, to remove from Property and equipment, gross assets that were no longer in use.
Depreciation expense for the years ended December 31, 2019, 2018, and 2017 was $41 million, $42 million and $40 million, respectively.