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Property and Equipment
6 Months Ended
Jun. 30, 2014
Property and Equipment

4.

Property and Equipment

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

 

 

 

June 30, 2014

 

 

December 31, 2013

 

Land and land improvements

 

$

1,998

 

 

$

1,973

 

Buildings and leasehold improvements

 

 

13,354

 

 

 

13,435

 

Furniture and equipment

 

 

2,214

 

 

 

2,223

 

Construction in progress

 

 

163

 

 

 

176

 

 

 

 

17,729

 

 

 

17,807

 

Less accumulated depreciation and amortization

 

 

(6,980

)

 

 

(6,812

)

 

 

$

10,749

 

 

$

10,995