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Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2013
Property and Equipment

Property and equipment consists of the following (in millions):

 

 

 

As of December 31,

 

 

 

2013

 

 

2012

 

Land and land improvements

 

$

1,973

 

 

$

1,996

 

Buildings and leasehold improvements

 

 

13,435

 

 

 

13,665

 

Furniture and equipment

 

 

2,223

 

 

 

2,227

 

Construction in progress

 

 

176

 

 

 

199

 

 

 

 

17,807

 

 

 

18,087

 

Less accumulated depreciation and amortization

 

 

(6,812

)

 

 

(6,499

)

 

 

$

10,995

 

 

$

11,588