Property and Equipment

12 Months Ended

Dec. 29, 2012

Note 4 Property and Equipment

Property and equipment, as of December 29, 2012 and December 31, 2011, consisted of:


	Useful Life
(dollars in thousands)	(in years)		2012		2011
Land		$	97,810	$	93,676
Buildings and improvements	10-60		508,253		492,024
Equipment	3-12		817,822		759,158
Leasehold improvements	5-20		168,879		144,057
Total, at cost			1,592,764		1,488,915
Less accumulated depreciation and amortization			954,130		913,912
		$	638,634	$	575,003

- 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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