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Properties
12 Months Ended
Dec. 31, 2012
Properties  
Properties

8. Properties

Properties and related accumulated depreciation are as follows (in millions):

 
  December 31,  
 
  2012   2011  

Land

  $ 69.8   $ 72.3  

Buildings

    350.7     357.1  

Data processing equipment

    207.6     192.3  

Data processing software

    529.5     506.6  

Furniture, fixtures and other equipment

    425.0     403.3  

Leasehold improvements

    85.9     83.0  

Construction-in-progress

    32.8     44.0  
           

 

    1,701.3     1,658.6  

Less accumulated depreciation and amortization

    1,226.3     1,134.7  
           

Net properties

  $ 475.0   $ 523.9  
           

At December 31, 2012 and 2011, there were approximately $7.5 million and $7.8 million of net properties, respectively, which are included in the above table, under lease with a municipality. At December 31, 2012 and 2011, there was approximately $3.1 million and $4.1 million, respectively, of assets (primarily buildings) under capital lease, net of accumulated depreciation, included in the above table. Depreciation expense for the years ended December 31, 2012, 2011 and 2010, was $139.1 million, $121.1 million and $127.5 million, respectively.

Included in data processing software is $71.1 million of proprietary software acquired in business combinations, including $45.1 million, in aggregate, acquired in the 2011 and 2010 acquisitions described above. At December 31, 2012 and 2011, the net book value of this acquired software was $31.3 million and $39.5 million, respectively.

The following table summarizes software development and maintenance costs for the Company's proprietary systems and software products, which include capitalized software development costs (in millions):

 
  Year Ended December 31,  
 
  2012   2011   2010  

Capitalized software development costs

  $ 30.9   $ 31.4   $ 27.8  
               

Amortization of capitalized software development costs

  $ 28.7   $ 26.8   $ 26.4  
               

Non-capitalizable software development and maintenance costs

  $ 128.7   $ 131.2   $ 134.3  
               

Non-capitalizable software development and maintenance expense is included in Costs and expenses in the Consolidated Statement of Income.