Buildings and Equipment

12 Months Ended

Dec. 31, 2012

Note 9 – Buildings and Equipment

A summary of buildings and equipment is presented below.

DECEMBER 31, 2012

(In Millions)

ORIGINAL

COST

ACCUMULATED

DEPRECIATION

NET BOOK
VALUE

Land and Improvements

31.8

0.6

31.2

Buildings

258.0

133.9

124.1

Equipment

437.1

268.1

169.0

Leasehold Improvements

320.5

210.1

110.4

Buildings Leased under Capital Leases

82.5

47.3

35.2

Total Buildings and Equipment

1,129.9

660.0

469.9

The charge for depreciation, which includes depreciation of assets recorded under capital leases, amounted to $88.3 million in 2012, $89.2 million in 2011, and $93.5 million in 2010.

- 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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