Property and Equipment (including Concession Assets)

6 Months Ended

Jun. 30, 2012

Property, Plant and Equipment [Abstract]

Property and Equipment (including Concession Assets)

Property and equipment, including concession assets, and related accumulated depreciation and amortization are summarized below (in millions):



	June 30, 2012		December 31, 2011
Land	$	208.1	$	207.4
Concession land rights	141.2		141.2
Road property	5,399.6		5,326.0
Equipment	857.8		833.7
Technology and other	122.4		123.3
Construction in progress	209.9		153.1
Total property	6,939.0		6,784.7
Accumulated depreciation and amortization	1,459.9		1,435.2
Property and equipment (including concession assets), net	$	5,479.1	$	5,349.5

Concession assets, net of accumulated amortization of $372.5 million and $347.1 million, totaled $1,872.9 million and $1,855.1 million at June 30, 2012 and December 31, 2011, respectively.

- 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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