Equipment, Office Facilities, and Property

12 Months Ended

Dec. 31, 2013

Equipment, Office Facilities, and Property [Abstract]

Equipment, Office Facilities, and Property

7.Equipment, Office Facilities, and Property

Equipment, office facilities, and property are detailed below:


December 31,		2013		2012
Software	$	1,177	$	1,067
Buildings		460		456
Leasehold improvements		300		287
Information technology equipment		245		398
Furniture and equipment		131		133
Telecommunications equipment		102		95
Construction in progress		95		7
Land		70		59
Total equipment, office facilities, and property		2,580		2,502
Accumulated depreciation and amortization		(1,790)		(1,827)
Total equipment, office facilities, and property – net	$	790	$	675

Depreciation and amortization expense for equipment, office facilities, and property was $154 million, $149 million, $135 million in 2013, 2012, and 2011, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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