Premises and equipment

12 Months Ended

Dec. 31, 2012

6. Premises and equipment

The detail of premises and equipment was as follows:


	December 31
	2012		2011
	(In thousands)
Land	$	84,545	$	86,120
Buildings — owned		393,527		365,087
Buildings — capital leases		1,131		1,131
Leasehold improvements		198,498		198,379
Furniture and equipment — owned		465,113		436,203
Furniture and equipment — capital leases		17,915		9,407

		1,160,729		1,096,327
Less: accumulated depreciation and amortization
Owned assets		559,948		512,399
Capital leases		6,129		2,493

		566,077		514,892

Premises and equipment, net	$	594,652	$	581,435

Net lease expense for all operating leases totaled $102,924,000 in 2012, $97,098,000 in 2011 and $94,646,000 in 2010. Minimum lease payments under noncancelable operating leases are presented in note 21. Minimum lease payments required under capital leases are not material.

- 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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