Property and Equipment, net

12 Months Ended

Dec. 31, 2012

11.

Property and Equipment, net

Property and equipment, net consisted of:


	As of December 31,
	2012		2011
Land	$	58	$	58
Buildings and leasehold improvements		521		492
Capitalized software		419		400
Furniture, fixtures and equipment		319		259
Buses and support vehicles		64		54
Projects in process		37		37

		1,418		1,300
Less: Accumulated depreciation and amortization		(889)		(807)

	$	529	$	493

Depreciation and amortization expense relating to property and equipment during 2012, 2011 and 2010 was $104 million, $88 million and $87 million, respectively (including $30 million, $26 million and $28 million, respectively, of amortization expense relating to capitalized computer software).

- 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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