Property and Equipment

12 Months Ended

Dec. 31, 2020

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

A summary of property, equipment and leasehold improvements stated at cost, less accumulated depreciation and amortization, is as follows:

(In thousands)	Depreciable Lives (Yrs)			2020		2019
Computer and communications equipment	1	—	5	$	1,939,517	$	1,855,550
Land, buildings and improvements	12	—	50	1,403,835		1,374,541
Leasehold improvements	1	—	15	208,496		214,608
Furniture and fixtures	5	—	12	146,351		132,540
Other equipment	3	—	20	1,025		1,078
				3,699,224		3,578,317
Less accumulated depreciation and leasehold amortization				1,895,141		1,719,545
Total property and equipment, net				$	1,804,083	$	1,858,772

Depreciation and leasehold amortization expense for 2020, 2019 and 2018 was $365 million, $347 million and $323 million, respectively.