Property and Equipment, Net

12 Months Ended

Dec. 31, 2013

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT, NET

A summary of property and equipment, net, at December 31 is as follows:



	2013			2012
Land	$	997.1		$	924.6
Buildings and improvements	1,552.6			1,451.5
Furniture, fixtures, and equipment	569.3			545.8
	3,119.0			2,921.9
Less: accumulated depreciation and amortization	(883.7		)	(826.8		)
Property and equipment, net	$	2,235.3		$	2,095.1

We capitalized interest in connection with various construction projects to upgrade or remodel our facilities of $0.7 million in 2013, $0.6 million in 2012, and $1.0 million in 2011.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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