Equipment, Office Facilities, and Property

12 Months Ended

Dec. 31, 2014

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,		2014		2013
Software	$	1,281	$	1,177
Buildings		673		460
Leasehold improvements		310		300
Information technology equipment		257		245
Furniture and equipment		154		131
Telecommunications equipment		83		102
Construction in progress		64		95
Land		107		70
Total equipment, office facilities, and property		2,929		2,580
Accumulated depreciation and amortization		(1,890)		(1,790)
Total equipment, office facilities, and property – net	$	1,039	$	790

Depreciation and amortization expense for equipment, office facilities, and property was $155 million, $154 million, $149 million in 2014, 2013, and 2012, 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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